TOTE Maritime Puerto Rico News & Media

February 2021 TPR

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Biden administration moves to free up $1.3 billion in funding for Puerto Rico

The Biden administration is freeing up an additional $1.3 billion in relief funding to Puerto Rico as it moves to ease restrictions on the aid put in place during the Trump administration, officials said Tuesday.
The Department of Housing and Urban Development (HUD), in partnership with Puerto Rico's housing agency, approved the release of the money through the Community Development Block Grant Mitigation program. The $1.3 billion, which was allocated by Congress, can be used to guard against future climate related disasters.
Read More here.

Want to hear the most recent news impacting Puerto Rico from Industry Experts?

Join TOTE Puerto Rico’s Customer 30-minute Town Halls where TOTE hosts different experts in the areas of federal funding, vaccine distribution, business operations, and the economic situation and forecasts.
These various discussions in 2020 have helped TOTE customers manage their supply chains better with up to date information impacting the islands commerce sector.
Contact your Sales Rep for an invitation to our first one in 2021, coming late February.

Foxwoods to open casino in Puerto Rico

MASHENTUCKET --- The Foxwoods Resort Casino has long been looking for opportunities to expand since the 2008 financial crisis, and over a decade later, it seems like “the right fit” was found.
“It checked so many boxes for us that we were excited to be a part of it,” Mashantucket Pequot Tribal Nation Chairman Rodney Butler said.
On Tuesday at a press conference in Puerto Rico, Foxwoods and LionGrove LLC announced their intention to reopen the casino at the historic Fairmont El San Juan Hotel as the Foxwoods El San Juan Casino in Carolina, Puerto Rico.
The casino is set to open by the end of 2021 and will be the first venture by Foxwoods outside of the continental U.S. So far, Foxwoods has invested $12.5 million in the project and expects it will create 150 casino jobs, and more than 300 jobs total. Read more.

Happy Birthday to Perla de Caribe!

This month marks the 5th Birthday of the Perla de Caribe! "Since TOTE took delivery of the ship on 1/22/2016, she has been the hallmark of dedication, reliability and efficiency in vessel operations and safety.
I am thankful for the support of a dedicated and responsive Operating Company that places it’s integrity as a priority. I truly believe this is a team effort, from the Executive Leadership at TOTE and TOTE Maritime to our co-workers in Payroll, Purchasing, Crewing, and Safety who help “make the prop turn.”
The Director of Ship Management, Dennis O’Meara and our Port Engineer Dodge Kenyon have been instrumental in our ability to operate at such a high level of efficiency and safety and I thank them for their time and commitment to us."
- Capt. Kevin Stith, Master, Perla Del Caribe

Stay up to date with TOTE

Get more information about TOTE Puerto Rico on LinkedIn and Twitter. Stay up to date on our philanthropic efforts, get a behind the scenes look at the people of TPR, and up to date information on what is happening in our industry. Follow us on LinkedIn or Twitter at TOTE Maritime.

 

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