ARC is the Atlantic Rally for Cruisers. http://www.worldcruising.com/arc/english.htm
Check it out, there are requirements for joining it, primarily safety gear. Some people love it, some people hate it.
It's not one of the rallies we've joined, but that's only because we never got to the Med. I personally like the various yacht regattas and rallies for the activities and camraderie. We never viewed it as a safer way to make passages, just a less lonely way.
Back in the 80s there was a craft shop in Castries called Bagshaw's, which had lovely silk-screened fabric goods to sell. I hope it's still there, because I've not seen another place like it in the Caribbean.