Log In

UK business groups have told the government to halt the introduction of the controversial 15 per cent effective minimum corporate tax rate, the Financial Times has reported. They said Chancellor Jeremy Hunt’s plan to include it in the spring finance ...

Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas, has reported a net profit of $11.6 million for the third quarter of the year. That compares to $18.4 million for the second quarter of 2022....

Wista Bermuda, the local chapter of the Women’s International Shipping and Trading Association, will take advantage of the Wista International programme development for two initiatives aimed at supporting women rising in the maritime industry. Wista ...

Seadrill Limited, the offshore drilling contractor based in Bermuda, has announced that its joint venture operation has secured an extension with a total contract value of $327 million for the firm. Sonadrill Holding Ltd, Seadrill's 50-50 joint ventu...

The island’s private wealth industry professionals have been returning from Lake Como, Italy where they were promoting Bermuda as a premier domicile for high-net-worth services to the world’s private client lawyers. The group included Bermuda Busines...

Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has appointed Michael Pearl as chief financial officer, effective January 1. At present he serves as Triton’s senior vice-president, treasurer....

Athene Holding Ltd, the Bermudian-based financial services company, has agreed to sell $400 million of 6.650 per cent senior unsecured notes due 2033. The offering is due to close Monday, subject to satisfaction of customary closing conditions. Athen...

Bermudian-based Höegh LNG Partners LP, the floating liquefied natural gas service provider, has reported net income of $16.6 million for the third quarter of the year. That compares with net income of $17.4 million in the prior-year third quarter. Hö...

Borr Drilling Limited, the Bermudian-based oilfield services company, has reported a net loss of $54.9 million in the third quarter of the year, a decrease in loss of $110.4 million compared with the second quarter of 2022. Announcing preliminary una...

Cool Company Ltd, the Bermudian-based liquefied natural gas carrier owner, has reported third-quarter operating income of $36.4 million and net income of $36.8 million. CoolCo achieved average daily time charter equivalent earnings of $73,200 per day...