There's some good news tonight for the owner of San Pedro Belize Express Water Taxi, who reported to Police that his 45 foot water taxi boat named Caribbean Star, was stolen sometime between Monday night and Tuesday morning.

Myron Marin told Police that the boat along with three Suzuki 200 horsepower outboard engines was moored at the Brown Sugar Terminal, located on North Front Street. That's a balue of hundreds of thousands of dollars - and when we called Marin's office earlier this week he had no comment.

It seems he was working with the Coats Guard to recover it, and they succeeded. A Coast Guard official told 7 News that the boat was located somewhere in the vicinity of St. George's Caye. But up until news time, the official could not confirm whether the boat valued at Three Hundred Thousand dollars, was found intact with all three outboard engines valued at Thirty Thousand dollars each.

Channel 7