Guests at the two Princess hotels can now have instant access to the Internet from their rooms.

Internet service provider Logic Communications has put in place a system in which guests can access the worldwide communications network directly through their room telephones.

Previously guests had either to make a long-distance call to access their home provider, or get a temporary account with Internet providers on the Island.

Access to the service does not depend on computer settings, but rather is billed to the room from which the guest is dialling. The cost is $5 each time a guest gets on the Internet, and 20 cents per minute of use.

Logic president Peter Durhager said the Internet has become a preferred means for global communications.

"More and more business travellers rely on its low cost and high speed to stay in touch with colleagues and customers,'' he said. "It is increasingly important that Bermuda's hospitality industry furnish convenient access to it, just as they do long distance telephone services.'' P&I CLUB CANCELS CALL SHI P&I club cancels call Shipowners insurer The Standard Steamship Owners' Protection and Indemnity Association (Bermuda) Ltd. reported that net calls and premiums declined 14 percent to $67 milion at the end of its financial year.

Trade magazine Business Insurance reported that the P&I club said it cancelled a supplementary call for the policy year ending February 20,1998.

But investment income rose 11 percent to $31 million and the contingency fund rose two percent to $150 million.

FUND SUSPENDED STK Fund suspended The BSX has suspended the listing of the Knight SC Mekong Fund Ltd. The suspension was made at the fund's request.

"The Knight SC Mekong Fund Ltd. is undergoing a restructuring process...,'' Emily Lung of Knight Asia Ltd. stated.

"As advised by the BSX, the listing of the company shall be suspended with immediate effect and until such time the restructuring has been completed.'' TRIANGLE SEES PROFIT BUC Triangle sees profit The owners of Bermuda Triangle Brewing are forecasting 20 percent growth in sales this year, and expect to finally turn a profit after four years in operation.

The local brewer makes five beers -- Spinnaker, Full Moon Pale Ale, Hurricane Wheat, Wilde Hogge, and Hammerhead Stout. Spinnaker is the most popular brand on the Island, part owner and vice president Philip Mason said yesterday.

The company announced yesterday it was also going to sell Full Moon Pale Ale and Hurricane Wheat in bottles. The beers were previously only available as draft.

"We installed two new beer storage tanks in April allowing us greater flexibility in bottling our beers,'' Mr. Mason said. "It's a little easier for us to keep up with demand in the busy summer months and it's now possible to bottle all five of our local beer styles.''