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Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $8.5 million, or 26 cents per diluted share, for the first quarter. This compares to net income and adjusted earnings of $6...

Three independent directors have been elected to the board of Bermudian-based holding company Assured Guaranty Ltd. The company said Michelle McCloskey and Courtney Shea will each serve on the board’s audit and environmental and social responsibility...

Seasoned communications professional Stuart Roberts has joined the Bermuda Business Development Agency as the organisation’s director of communications and PR. Mr Roberts joins the BDA from the Bermuda Monetary Authority, where he most recently serve...

Bermudian-based offshore drilling company Valaris Ltd has announced that the company and its subsidiaries had successfully completed financial restructuring and emerged from Chapter 11 proceedings in the United States. The company said Valaris Group’...

Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, has promoted Kirk Cyrus to the position of chairman of the board of Strategic Risk Solutions (Barbados) Ltd. Mr Cyrus, who is managing director of SRS ...

Professional services firm PwC Bermuda has released its Environmental, Social and Governance Highlights 2020 report. The report notes PwC’s progress against ESG indicators and its commitments to continue improving its ESG performance. In the environm...

Bermudian-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders for the three months ended March 31 of $129.3 million, or $1.92 per diluted share. Adju...

Bermudian-based drinks giant Bacardi Ltd has promoted Kerry Carr to the company’s global leadership team. In her expanded role as SVP, global performance management, Bacardi said Ms Carr adds revenue growth management and Bacardi Enterprise Services ...

Veteran insurance executive Ying Teoh has been appointed to the position of global head of customer proposition, HSBC Life and Insurance Partnerships. HSBC Life is the HSBC Group’s insurance business. In her new position, she will lead HSBC Life’s Be...

The technical managers of the giant container ship that blocked the Suez Canal for six days last month have expressed disappointment that the waterway’s owner has now begun arrest procedures against the ship. Bernhard Schulte Shipmanagement, which ha...