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Bermuda-based SFL Corporation Ltd has reported net profit of $19.5 million in the second quarter of 2021. The ship-owning company, one of the world’s largest, said other preliminary financial results include operating revenue of approximately $116.8 ...

Bermuda-based Valaris Ltd, the offshore drilling services company, has been awarded one-well contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for the drillship, ...

Bermuda Aviation Services Limited and its subsidiaries have reported a total comprehensive loss of $1.1 million for the year ended March 31, 2021, compared to a comprehensive loss of $1.9 million in the prior year. In a filing with the Bermuda Stock ...

Bermuda-based SFL Corporation Ltd, one of the world’s largest ship-owning companies, has entered into long term charters with a leading Asia-based transportation company for two ultra-modern dual-fuel car carriers, designed to use liquefied natural g...

Joanna Frith has become the first woman in Bermuda to obtain the PV Associate Certificate from the North American Board of Certified Energy Practitioners. Ms Frith is the director of sales at BE Solar. The company said NABCEP, headquartered in New Yo...

Bermuda-domiciled Xceedance has expanded the company’s claims services division under the leadership of its new head of claims, Marc Rothchild. The company said claims veteran Mr Rothchild brings carrier-side, customer-centric experience to the newly...

Bermuda-based Arch Capital Group Ltd has appointed Francis Ebong and Eileen Mallesch to the company’s board of directors, effective immediately. The island-based re/insurer said Mr Ebong has an extensive background in technology and innovation and is...

Bermuda-based Flex LNG Ltd has reported net income of $12.7 million and earnings per share of $0.24 for the second quarter of the year, compared to net income of $47.2 million and earnings per share of $0.88 for the first quarter. The liquefied natur...

Axa XL has appointed Cotina Trott as VP, senior underwriter, excess casualty, in Bermuda, after Ms Trott rejoined the firm’s Bermuda insurance excess casualty team. In this role, Ms. Trott’s responsibilities include delivering profitable underwriting...

Tamia Place and Nadir Young have been named as recipients of annual scholarship awards made by professional services firm PwC Bermuda. Ms Place has won the Peter Mitchell Scholarship worth $20,000 annually. Mr Young has received the PwC ABIC Award Sc...