Fishing Fleet Rebuilt After Beryl | Barbados News

Hurricane Beryl wrecked 200 fishing boats, leaving crews without livelihoods—now $2.8 million in replacement loans are approved to help them get back on the water. With 75% loan and 25% grant funding, manageable terms include 4% interest, 10–25 year repayment, and a 10% rebate for timely payments plus a one-year grace period. Even those already rebuilding can still access grants. Deputy Prime Minister calls it more than economics—it’s about restoring lives after uninsured losses. Total funding up to $18 million aims to rebuild stronger, more resilient fleets for future storms. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/01ceae6af6249596