Caribbean Court of Justice by the CSME are so important and extensive, relating to the establishment of economic enterprises, the provision of professional services, the movement of capital, the acquisition of land for the operation of businesses, that there is a clear need to have a permanent, central, regional institution to authoritatively and definitively pronounce on those rights and corresponding obligations. The Caribbean Court of Justice is intended to be such an authoritative institution." The official inauguration was held in Queen's Hall, Port of Spain, Trinidad and Tobago, on Saturday 16 April 2005. The first case heard by the CCJ was in August 2005
History of the Caribbean cruise ships. The deepwater port at Bridgetown, Barbados, was completed by British investors in 1961. A more recent deepwater port project was completed by Hong Kong investors in Grand Bahama in the Bahamas. Some Caribbean islands take advantage of flag of convenience policies followed by foreign merchant fleets, registering the ships in Caribbean ports. The registry of ships at "flag of convenience" ports is protected by the Law of the Sea and other international treaties. These treaties leave the enforcement of labour, tax, health and safety, and environmental laws under the control of the registry, or "flag" country, which in