Curaçao Shipyard Plans €100M Expansion Fueled by Oil Boom Next Door

A proposed development at Buskabaai, a bay on the western coast of Curaçao, could expand the island's total harbor capacity by approximately one-third, according to reporting by the Curaçao Chronicle. The project represents a significant potential boost to the island's maritime infrastructure, which plays a central role in trade, logistics, and cruise tourism. If realized, the expansion would meaningfully increase Curaçao's ability to accommodate larger volumes of cargo and vessel traffic. The development is being discussed in the context of growing regional competition among Caribbean ports for shipping and logistics business. Curaçao's existing port at Willemstad is already one of the busiest and most strategically located in the southern Caribbean, serving as a key transshipment hub. Adding Buskabaai's capacity could solidify the island's position as a leading maritime destination in the region. Details on investors, timelines, and regulatory approvals have not yet been fully disclosed.

The Association of Dutch Caribbean Economists (Economenclub) conducted a field excursion to the Schottegat, Curaçao's large natural harbor and shipping area, to assess its economic opportunities and development potential. The group met with various organizations operating in and around the harbor during the visit. The Schottegat is a historically significant body of water that has long served as a hub for maritime industry, oil refining, and port activities on the island. The excursion reflects growing interest in diversifying and maximizing the economic value of Curaçao's harbor infrastructure. By engaging directly with stakeholders on the ground, the Economenclub aims to build a clearer picture of how the area can contribute to the island's broader economic future. The findings from this research could inform policy recommendations or investment strategies related to the maritime and port sector.

A rare gold coin from Curaçao has sold for a record-breaking $390,400 (approximately €336,000) at Stack's Bowers Galleries, a prominent American auction house. According to the auction house, no buyer has ever paid this much for a coin of this type, making it a historic sale. The coin is considered unique due to its origins and rarity within the world of numismatics. Curaçao has a rich colonial monetary history, and coins minted or circulated on the island during earlier centuries are highly sought after by collectors worldwide. The sale highlights growing international interest in Caribbean numismatic artifacts and their cultural and historical significance. The identity of the buyer has not been disclosed.