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Flex LNG Ltd, the liquefied natural gas shipping company, has reported record net income of $69.4 million in the fourth quarter of 2021. That compares with net income of $32.8 million in last year’s third quarter and contributed to 2021 full-year net...

P&I Clubs will seek significant price improvements at the February 2022 renewal in response to deteriorating claims experience, said a Best’s Market Segment Report. The move comes after the costs of pooled claims were at a record high for the first h...

Triton International Limited, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders of $484.5 million for the 2021 fiscal year. The Bermudian-based company said that the figure includ...

Ardmore Shipping Corporation, the Bermudian-headquartered company that owns and operates product and chemical tankers, has reported a net loss of $38.1 million for fiscal year 2021. That compares with a net loss of $6 million in 2020. The company rep...

The rise of insurtech is to feature in a panel discussion at next month’s Bermuda Risk Summit presented by the Bermuda Business Development Agency. The event, March 14-16, will be the island’s first major in-person risk event since 2019. Chris Maiato...

Bermudian-domiciled SHL Holdings Ltd is to distribute nearly $14 million to its shareholders. SHL said it has successfully monetised its interests in real property and an option on real property in Detroit, Michigan, and a certificate that can be pre...

Drinks giant Bacardi, the largest privately held spirits company in the world, has announced that its iconic premium rum brand will cut its greenhouse gas emissions in half from 2023. The Bermudian-based company said Bacardi rum’s GHG emissions will ...

Bermudian-based Apex Group Ltd has been appointed to provide fund administration and transfer agency services by Neor Crypto Volatility Fund Ltd. The global financial services provider said Neor is a long/short quantitative algo crypto vol trading fu...

CrossTower, the crypto and digital asset exchange with an office in Bermuda, has partnered with Arabian Camels, a non-fungible token (NFT) community that is making a first-of-its-kind Hollywood movie. CrossTower said Antara will be the first decentra...

Apex Group Ltd has acquired Best Alternative Advisory Services, an Indian-based, specialised financial services provider. The Bermudian-based global financial services provider said the acquisition of Best will add assets under administration of $30 ...