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Improved market conditions and an expanded fleet have prompted Bermuda-based dry bulk shipping company Golden Ocean Group Ltd to terminate a joint venture entered into five years ago. The relationship with Capesize Chartering Ltd coordinated the Cap...

More than 100 registrants viewed the first Bermuda Angle Webinar presented by the Bermuda Business Development Agency, the organisation reported today. The BDA said top takeaways from the virtual event, which is now available for viewing on the organ...

Bermuda-based offshore drilling company Seadrill Limited has reached a settlement agreement with Northern Ocean Ltd predominantly with respect to balances outstanding from Seadrill's preparation of the West Mira and West Bollsta rigs in the North Sea...

Textainer Group Holdings Limited has reported net income of $73.8 million for the second quarter, or $1.45 per diluted common share, as compared to $62.1 million, or $1.22 per diluted common share in the first quarter of 2021. The Bermuda-headquarter...

White Mountains Insurance Group Ltd, the Bermuda-domiciled financial services holding company, has reported comprehensive income attributable to common shareholders was $139 million and $66 million in the second quarter and first six months, respecti...

Bermuda-based SFL Corporation Ltd has agreed to acquire two 14,000 TEU (Twenty-foot equivalent) container vessels in combination with charters to a leading container line. SFL said: “The vessels are modern eco-design built in 2013 and 2014 with appro...

The boss of a Bermuda-based tanker company has told shareholders and investors that it plans to renew and expand its fleet. Herbjorn Hansson, founder, chairman and chief executive officer of Nordic American Tankers Ltd, said: “A few years ago, NAT wi...

Nineteen Bermudian students received financial support for their further education through the island’s largest postsecondary scholarship programme at the recently held annual Association of Bermuda International Companies (ABIC) Education Awards lun...

A subsidiary of the Abu Dhabi owned and operated RoyalJet Group has been granted an air operator certificate by the Bermuda Civil Aviation Authority, the company announced. The granting of this certificate – the first AOC to be issued to the Group ou...

Energy industry mutual, Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS) has just had its credit rating affirmed by ratings agency AM Best. Best said the outlook of the financial strength rating is stable, affirmed at A (Exc...