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The Bermuda Business Development Agency’s New York City executive forum, which concluded Wednesday, enabled the Bermuda team to engage in numerous business development meetings with potential New York City prospects, David Hart, the BDA CEO said toda...

The Covid-19 pandemic is still causing operational challenges in the shipping industry, Bermudian-based crude oil tanker company, DHT Holdings Inc, has reported. DHT said the pandemic is hampering its seafarers and the ability to change crews at regu...

Cinturion Corp Ltd, the Bermudian-registered global provider of scalable, subsea and terrestrial capacity-based network solutions, has reached an agreement with Lightstorm Telecom Ventures Pvt Ltd as its landing partner in India. As part of the agree...

The “regulatory sandbox” used by Bermuda’s financial services supervisors is proving to be a hit in the fintech industry. There are currently 14 companies with such licenses, including four with test licenses, according to Jason Hayward, the Minister...

Paysafe Limited, the Bermudian-incorporated specialised payments platform, has reported a net loss for the first quarter of $1.2 billion. The company said that due to a sustained decline in Paysafe’s stock price and market capitalisation, as well as ...

Teekay Tankers Ltd, the Bermudian-based owner and operator of mid-sized crude oil tankers, has reported a net loss of $13.9 million in the first quarter. That compares with a loss of $39.8 million in the fourth quarter of 2021, and a loss of $21.4 mi...

Bermudian-based SFL Corporation Ltd, the ship-owning company, has reported a net profit of $47 million in the first quarter. Other preliminary results include operating revenue of approximately $152.4 million. The company said it had received charter...

Flex LNG Ltd, the Bermudian-based liquefied natural gas shipping company, has reported net income of $55.8 million for the first quarter compared with net income of $69.4 million for the fourth quarter of 2021. Vessel operating revenue was $74.6 mill...

Bermuda Business Development Agency’s New York City executive forum is today at One Liberty Plaza. The Bermuda Executive Forum activities at Convene, in the heart of the city’s financial district, began with a blue-chip breakout session entitled ‘Cli...

Bermudian-based crude oil tanker company DHT Holdings Inc had a net loss in the first quarter of $17.3 million compared with a profit in the first quarter of 2021 of $11.6 million. The company said the decrease was mainly due to lower tanker rates. D...