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Crystal Cruises, which was left high and dry after its parent company sought court protection in Bermuda, is to sail again under new ownership. The operator of three ocean cruise ships and five river ships closed its offices on February 11, a week af...

Cyber-risk modelling company DeNexus is on the hunt for someone local to run their new office in Bermuda. DeNexus founder and chief executive officer José Seara told The Royal Gazette he had hired a recruiter and was interviewing candidates. “It is a...

Nabors Industries Ltd, the Bermudian-based energy driller, has reported that its third-quarter operating revenues jumped by 10 per cent and the company cut its quarterly loss to $14 million in the period. Nabors said operating revenues were $694 mil...

Vesttoo Ltd, a technology-driven global insurance risk transfer platform with a collateralised insurer in Bermuda, has concluded an $80 million Series C financing round. It was co-led by Mouro Capital and a private equity fund, valuing the company at...

Carnival Holdings (Bermuda) Limited, a subsidiary of Carnival Corporation & plc, has closed its private offering of $2.03 billion of senior priority notes due in 2028. The company said it expected to initially use the net proceeds of the offering to ...

Banyan Risk Ltd, a Bermudian-based managing general agent that specialises in writing directors and officers’ insurance, has teamed up with SPAC-focused financial advisory firm Zukin Certification Services to offer help to companies going public. Zuk...

Peter B Migliorato, a retired partner of Deloitte Consulting, has been elected to the board of directors of James River Group Holdings Ltd, the Bermudian-based insurance holding company. Mr Migliorato was elected at the company’s annual general meeti...

The Bermuda Stock Exchange ended unchanged today at 2439.64. Meanwhile, Butterfield fell 9 cents (0.26 per cent) to $34.60 at close of day trading on the New York Stock Exchange.

Bermudian-based West Hamilton Holdings Limited, the BSX-listed property holding company, has a new major shareholder. The change comes after a transaction between Somers Limited, a financial services investment holding company based in Bermuda, and U...

An environmental campaign group has named 21 companies as “champions” in the campaign to remove single-use plastics from their operations. Beyond Plastic Bermuda has launched the programme to encourage businesses in every industry on the island ...