Entrepreneur to sell off Seabreachers

  • Angle of attack: a semi-submersible Seabreacher bursts out of the water near St George’s (Photograph by Akil Simmons)

    Angle of attack: a semi-submersible Seabreacher bursts out of the water near St George’s (Photograph by Akil Simmons)

A Bermudian businessman has said his adventure water sport company has been so severely hampered by red tape that he has been left tens of thousands of dollars in debt.

Antwan Albuoy, who owns Kinezumi Water Sports with fellow Bermudian Shena Virgil, said he has been forced to sell his two semi-submersible Seabreachers because he could not find a suitable location for them.

The Ports Authority refused him docking locations in the West End and the Corporation of St George refused a location in the East End.

Mr Albuoy told The Royal Gazette: “It was something unique for Bermuda. In January, I assessed how I could get out of this financial hole and the only option I had was to sell the Seabreachers.

“The Bermuda Tourism Authority is trying to attract the adventure seekers and provide more water sports, and these crafts ticked the box.”

Mr Albuoy said he received pre-approval for the craft from the Ports Authority in 2015 and bought the first of two Seabreachers in April 2016.

After being denied locations in the West End, he located to Coot Pond near Tobacco Bay in St George’s for the rest of the season. In 2017, the business added jet skis and a second Seabreacher to its offering and he was given approval from the Ports Authority in May of that year to locate to Coot Pond.

However, the approval was withdrawn after complaints were received based on environmental factors.

He searched for another location and “from there it went downhill”, Mr Albuoy said.

He was given approval by the Corporation of St George for a floating dock at Hunter’s Wharf. He then had to submit his approval letter to the Department of Planning, but did not receive final approval until after the summer season ended.

In 2018, he reapplied to the Corporation of St George and the Department of Planning as they would only grant a one-year lease, by which time his existing lease had expired.

His request to extend the existing lease was refused, and he incurred application costs a second time.

Planning permission was not granted until June of 2018. “With all that down time in 2017 and 2018, I wasn’t able to earn a significant income but the business expenses didn’t stop. We had loans to pay and rent to pay.”

The Corporation refused approval for the Seabreachers to operate in Hunter’s Wharf, only allowing the jet skis.

A Corporation of St George spokesman said: “He was permitted to operate jet skis only as the area is a high-traffic area and the ferry operations are in close proximity.”

Mr Albuoy decided to try to launch the Seabreachers out of Ferry Reach but it was “too cumbersome”.

Logistics made it “a very inadequate way to do business”, he said.

Mr Albuoy continues to operate his jet skis out of Hunter’s Wharf but he is now selling the Seabreachers at a significant loss.

He added: “We are all Bermudian and if we want Bermuda to succeed we must all row in the same boat. Government needs to work with entrepreneurs not against them in order for tourism to prosper.”

We reached out to the Ports Authority but did not receive a response by press time.

You must be registered or signed-in to post comment or to vote.

Published Mar 7, 2019 at 8:00 am (Updated Mar 7, 2019 at 7:19 am)

Entrepreneur to sell off Seabreachers

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    • "What is the most significant reason for Bermuda residents choosing to leave the island?"
    • Too small
    • 3%
    • Different way of life
    • 4%
    • Cost of living
    • 77%
    • Gang activity and general crime
    • 3%
    • Jobs/professional advancement
    • 8%
    • Education
    • 2%
    • Attitudes towards gays
    • 3%
    • Total Votes: 5235
    • Poll Archive

    Today's Obituaries

    eMoo Posts