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Diversifying Bermuda’s economy through the space industry is one of the routes being explored by the Government of Bermuda. It is a sector that has been pursued for a number of years, and the impetus will continue, according to Walter Roban, Minister...

Don’t be surprised if you bump into boxing legend Riddick Bowe or former Major League Baseball star Darryl Strawberry next week, because they will be in Bermuda for a business conference. The two men are among a group of sporting celebrities lined up...

Bermuda’s drive to diversify its economy is receiving a helping hand from Bermudian Carika Weldon, a lecturer in biomedical science in Britain. She initiated this year’s Bermuda Principles Impact On Splicing conference, and she is spearheading its re...

Somers Ltd has announced the surprise sale of its entire investment in Britain’s Ascot Lloyd Holdings. The price of the transaction has not been disclosed, however Somers held a 51 per cent controlling stake in independent financial advisers Ascot Ll...

Tucked away on one of the most stunning stretches of South Shore is a beach hangout with a difference. And although there has been no great fanfare surrounding its arrival, its presence in Bermuda is significant. The island’s hosting of the 35th Amer...

Nordic American Tankers is experiencing lower daily charter rates for its fleet of 30 Suezmax tankers during this quarter than it did in the first three months of the year. However, Herbjørn Hansson, chief executive officer, said the rates remain wel...

Container company Triton International Ltd has reported an adjusted net income of $15.3 million for the fourth quarter, and a full-year profit of $48.9 million. The company said it is on target to achieve its target of annual savings of $40 million a...

A new business conference in Bermuda that sold out more than two months in advance will get the island’s conference season under way this month. And 2017 is shaping up to be a bumper year for conferences in Bermuda, with a number of new events on the...

A ship management company with offices in Bermuda is involved in the building of a potentially ground-breaking gas supply vessel. The ship will be used to deliver liquefied natural gas for refuelling of ships, such as ferries, containers and cruise s...

Bermudian-based Frontline Ltd has acknowledged the decision by DHT Holdings to reject an offer to combine the crude oil tanker businesses. Frontline, which is more than twice the size of DHT in terms of market capitalisation and fleet size, had propo...