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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...

Appleby partner Vanessa Schrum has won a top award at the Citywealth Power Women Awards in London. Ms Shrum picked up the Woman of the Year award in the professional services category in the competition, sponsored by the international finance magazin...

Retail sales last December fell 2.4 per cent compared to the same period in 2015. The total spend dropped to $108.9 million from $111.6 million, with three of the seven sectors monitored by Government statisticians reporting decreases in sales revenu...

The Royal Gazette/BSX Index yesterday closed at 1,962.15, down 0.38 points or 0.02 per cent. Insurance firm BF&M dropped 5 cents, or 0.2 per cent, to $20.75 after 3,630 shares moved. The Bank of Butterfield was unchanged at $32 after 2,025 shares tra...

A total of 641 labour dispute inquiries were handled by Government’s labour relations section during the 2015-16 year. More than 180 of the were complaints, while 448 were described as consultations. Patricia Gordon-Pamplin, Minister for Home Affairs...

Some Bermuda reinsurers may consider changing tax domicile if the US enacts the tax cuts proposed by Donald Trump in his presidential election campaign. That is the view of analysts at Standard & Poor’s Global Ratings, whose new report on the island...

As the year progresses the Internal Revenue Service continues to provide taxpayers with updates on expiring legislation that was renewed as well as deductions indexed for inflation. Recent updates follow. FBAR: new filing deadline The new annual due ...

A smoothie and juice business that started as a home-based enterprise a few months ago has set up in premises on Elliott Street. The change was necessary after a house move meant there was no longer space at home to prepare juices for clients. In Dec...

Four executives have gained qualifications from the Institute of Directors. And the Bermuda branch of the organisation said that this year will be the first time that IoD diploma in company direction programme will be held on the island instead of Lo...