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report a massive increase in third quarter profits. MC Shipping, which owns, operates and charters ocean-going dry cargo vessels, said income for the three months ending September 30 was $563,057, or nine cents a share, compared to $26,124, or zero c...

Realtors were yesterday surprised to learn that Government intends to raise the licence fee being charged to non-Bermudians who buy the Island's most expensive properties. Not one welcomed the measure, having just successfully fought a Government pro...

around the world for meetings today and tomorrow at The Princess Hotel. The conference highlights Bermuda's position as a leading domicile for offshore funds, industry sources said. The first time conference has been organised by the Centre for Busin...

Azores on its final stop until the New Year, agent Harnett and Richardson reported. She will leave Bermuda this afternoon at 4.00 p.m. bound for Fort Lauderdale. The Maasdam , is 219 metres long with a draft of 7.715 metres. She docked at number one ...

Fuelled by a substantial increase in new business, property and casualty reinsurer, Zurich Reinsurance Centre Holdings Inc. (ZRC), has posted a healthy $8.9-million third quarter profit to September 30, representing 34 cents a share. That compares to...

team is: (seated from left to right) first vice president Mr. Charles Grant, Ms Siddle, director Mr. Antony Francis; (standing) treasurer Mr. Terry Stevens, director Mr. Anthoni Lightbourne, secretary Ms Joan L. Wood and director Mr. Edward Figuerado...

down 3.36 points to 993.22 in trading worth $95,160.25. Bank of Bermuda was off 12.5 cents on a volume of 2,240, closing at $18.125. Bank of Bermuda held at $3 on a volume of 970. Commercial Bank fell 12.5 cents to $4.875 on volume of 1,000 shares. B...

in the Bermuda-registered ocean shipping company. News of the sale of 12.05 percent of BT's shares came days after the company announced it had trimmed its third quarter loss to $600,000. According to a filing with the Securities & Exchange Commissio...

announced third quarter profits of $45 million, is estimating $24 million in losses as a result of recent Atlantic storms. But the company is not expecting substantial exposure to claims from Hurricane Opal. President Mr. Herbert Haag said of the 199...

undergone major renovations to create a modern service station outfitted with high-tech gas pumps and installation systems as well as a new sports centre featuring various water-based activities. The family owned business opened approximately 45 year...