Here's some info I discovered while booking a catamaran trip with Red Sail Sports:
Rum Point
No visit to Grand Cayman is complete without a visit to the beautiful North Side and the famous Rum Point. The Rum Point Club on the North side of the island has always been famous for its picturesque setting, "real" island atmosphere, hammocks on the beach and the wreck bar featuring the best mudslides in town (a mudslide is a frozen drink and not a natural disaster in this case!).
The fun begins aboard the Rum Pointer, a spectacular brand new custom-built ferry which will whisk you across the scenic North Sound in just 40 minutes. Guaranteed to beat the traffic with regularly scheduled daily trips. The ferry takes guests to the newly built 400 foot dock. Once guests disembark there is plenty to do or not do, depending on how they wish to plan the day! If its relaxation guests are looking for, there are plenty of hammocks strung to the shady trees on the beach and the wreck bar will keep them refreshed with drinks, delicious barbecue and island fare. The water is very shallow and clear here and is perfect for swimming, snorkeling or just lazing around on a raft.
Red Sail Sports has opened an impressive new watersports center with all the favorite beach toys for rent such as, sail boats, waverunners, and waterskiing. The waverunners are moored off shore so as to avoid disturbance for those relaxing on the beach. There is also a retail section with sundries, T-shirts, souvenirs and more. A glassbottom boat will take passengers, snorkelers and divers to Stingray city, the sand bar and nearby coral reefs. Red Sail Sports will also run daily dive trips to the North Wall and for those staying on the North side of the island, the ferry is the ideal way to reach Seven Mile Beach for West side dives.
Round trip ferry, per person
Adult...$15.00, Children under 12 half price
Glassbottom boat, per person
Without snorkeling equipment...$30.00
With snorkeling equipment...$40.00
Children under 3 are free