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Bermudian-based Valaris Limited has been rated the number one offshore driller in EnergyPoint Research’s 2022 customer satisfaction survey covering offshore contract drillers. The company said this annual benchmark survey is the industry standard for...

DHT Holdings Inc, the Bermudian-based crude oil tanker company, has agreed to sell the DHT Edelweiss, a 2008 built very large crude carrier, for $37 million. The company said the vessel is not fitted with an exhaust gas cleaning system and is due for...

The Bermudian-based subsidiary of US-based crypto currency exchange CoinZoom has been granted a license by the Bermuda Monetary Authority. CoinZoom Global Ltd’s license under the Digital Asset Business Act allows the exchange to serve as a trading pl...

Eighty-one per cent of businesses surveyed have a ransomware coverage limit under $600,000 – or below last year’s median ransomware demand, a new report has revealed. BlackBerry Limited and Corvus Insurance have released the BlackBerry Cyber Insuranc...

AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) of Bermudian-based ASR Re Limited. The outlook of these credit ratings is stable. The ratings reflect ASR Re’s balance sheet stre...

Civil aviation authorities have been given permission to help owners and lessors regain control of aircraft trapped in an international quagmire that is part of the Russia-Ukraine war. It could also mean their return to good standing on the island's ...

Digicel has announced the launch of IPv6 internet address protocol in Bermuda. A spokeswoman for the company said: “This latest internet address protocol enables a much more seamless experience on your internet-connected devices.” With multiple devic...

Bermudian-headquartered Frontline Ltd, a shipping company engaged primarily in the ownership and operation of oil tankers and product tankers, has reported net income of $47.1 million for the second quarter of 2022. Adjusted net income for the quarte...

Compre, the international legacy group headquartered in Bermuda, has announced it has received regulatory approval to acquire the French medical malpractice portfolio from a European-based insurer for an undisclosed sum. The company said the deal, st...

Bermudian-based Flex LNG Ltd has reported net income of $44.3 million for the second quarter 2022, compared to net income of $55.8 million for the first quarter of the year. The liquefied natural gas shipping company had vessel operating revenues of ...