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A Florida lobbyist and business advocate whose career has spanned government and private sector roles that involved public policy initiatives, has been chosen to head efforts to promote Bermuda as a base for international business. Former executive v...

Bermuda-based SFL Corporation Ltd has agreed to acquire three Suezmax tankers in combination with long-term time charters to a world-leading commodity trading and logistics company. SFL said the vessels, built in 2019, have the latest eco-design feat...

Bermuda-based Teekay Corporation has contracted with the Australian Department of Defence to provide marine services for five government vessels for a firm period of six years, with options to extend for up to an additional 10 years. Under the contra...

Hongkong Land Holdings Limited will seek to buy back half a billion dollars of its own shares, according to a filing with the Bermuda Stock Exchange. The window for the proposed buyback programme is expected to extend until the end of December. Hongk...

Borr Drilling Limited, the Bermuda-based oilfield services company, has secured a letter of award for the premium jack-up drilling rig "Mist" from an undisclosed operator in Southeast Asia. The company said the programme is expected to commence in No...

Bittrex Global GmbH, the digital asset exchange, has appointed Michael Schröder as chief compliance and risk officer and a member of the Management Board for Liechtenstein. The company said Mr Schröder's employment with Bittrex Global GmbH begins Sep...

Two board members of Bermuda-based Nordic American Tankers Ltd, the oil tanker company, have purchased shares in the company. NAT said US-based Doug Penick bought 50,000 NAT shares at $2.30 per share. He holds a total of 125,000 NAT shares. Mr Penick...

Borr Drilling Limited, the Bermuda-based oilfield services company, has reported a net loss of $59.9 million for the second quarter of 2021. The company said that was an increase of $5.5 million compared to the first quarter of the year, impacted by ...

The global pandemic has highlighted climate change together with diversity issues such as inequity and social injustice – issues that also are increasingly being considered by executives and directors of the world’s modern banks as an evolving concer...

Bermuda-based Nordic American Tankers Ltd is planning for a brighter future as it weathers difficult present conditions, its boss has said. Herbjorn Hansson, founder, chairman and chief executive officer of the oil tanker company, said: “These are ch...