Marine park operator Dolphin Cove Limited says it is business as usual, even as the company that owns World of Dolphins (Barbados) is set to go through corporate restructuring and insolvency procedures.
Dolphin Cove Jamaica features five dolphin habitats spread between Montego Bay, St James; and Ocho Ríos, and Puerto Seco and Moon Palace in St Ann.
In a market filing, Dolphin Cove reported that Controladora Dolphin SA de CV, also known as Dolphin Discovery (Mexico), “has initiated voluntary proceedings under Mexico’s concurso mercantil process, (which is) a corporate restructuring and insolvency procedure under Mexican law”. Controladora Dolphin owns 90 per cent of World of Dolphins Inc (Barbados), while the latter…