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The company declared its 78th consecutive quarterly dividend of $0.24 per share

To date in 2023, Borr has been awarded seven new contracts and six extensions to existing contracts representing 2,613 days and $376 million of potential revenue

The company expects revenue growth in the second half of the year as all 13 of its ships will be in operation

In his new role, Mr Shaw will oversee Apex’s rapidly expanding US business, which now employs more than 600 people across 15 local offices

Biltir represents 56 life re/insurers and 21 associate members in Bermuda that provide life and annuity products and employ more than 1,000 people on the island

The profit in Q2 compares with net income of $43 million in the first quarter of the year

The summit is the signature event of Bermuda Tech Week, which is being held from October 7 to 13

The company said the contract is for one well plus one optional well, and is expected to commence in the second quarter of 2024

The awards support the education of qualified Bermudian students pursuing undergraduate or graduate education in areas related to international business

DHT is ranked number six out of 64 shipping companies in the 2023 ESG scorecard report issued by Webber Research