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The board of Bermuda-based Frontline Ltd, the oil tanker shipping company, has appointed Lars Barstad as chief executive officer of Frontline Management AS. The appointment is effective September 1. The company said Mr Barstad currently serves as the...

Bermuda-based Avance Gas Holding Ltd has reported a net profit of $1.5 million for the second quarter of 2021. The company, which is engaged in the transportation of liquefied petroleum gas, declared a dividend of two cents per share, corresponding t...

Bermuda-based Valaris Ltd, the offshore drilling services company, has appointed Anton Dibowitz as interim president and chief executive officer effective September 3. Mr Dibowitz, a current board member, succeeds Tom Burke, who is to step down from ...

Kirsten Beasley has been appointed head of the Bermuda office of Willis Towers Watson, the global advisory, broking, and solutions company. Ms Beasley has been Willis’ head of healthcare broking, North America, since 2018 and was named interim head o...

Bermuda-based SFL Corporation Ltd has reported net profit of $19.5 million in the second quarter of 2021. The ship-owning company, one of the world’s largest, said other preliminary financial results include operating revenue of approximately $116.8 ...

Bermuda-based Valaris Ltd, the offshore drilling services company, has been awarded one-well contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for the drillship, ...

Bermuda-based SFL Corporation Ltd, one of the world’s largest ship-owning companies, has entered into long term charters with a leading Asia-based transportation company for two ultra-modern dual-fuel car carriers, designed to use liquefied natural g...

Bermuda-based Flex LNG Ltd has reported net income of $12.7 million and earnings per share of $0.24 for the second quarter of the year, compared to net income of $47.2 million and earnings per share of $0.88 for the first quarter. The liquefied natur...

Bacardi Rum is expanding its premium portfolio range with the launch of a limited-edition Bacardi Reserva Ocho Sherry Cask Finish, Bacardi announced Monday, National Rum Day in the United States. The new rare rum offering marks the start of a five-ye...

Bermuda-based Golar LNG Limited, an owner of tankers hauling liquefied natural gas, returned seven directors at its annual general meeting on Tuesday. Re-elected as directors were Tor Olav Trøim, Daniel Rabun, Thorleif Egeli, Carl Steen, Niels G. Sto...