Log In

The global pandemic has highlighted climate change together with diversity issues such as inequity and social injustice – issues that also are increasingly being considered by executives and directors of the world’s modern banks as an evolving concer...

Bermuda-based Nordic American Tankers Ltd is planning for a brighter future as it weathers difficult present conditions, its boss has said. Herbjorn Hansson, founder, chairman and chief executive officer of the oil tanker company, said: “These are ch...

Chief Justice Narinder Hargun has agreed with the joint provisional liquidators (JPLs) in the appointment of representatives for different classes of creditors in the winding up proceedings of Northstar Financial Services (Bermuda) Ltd and Omnia Ltd....

Bermuda-based Höegh LNG Partners LP has reported net income of $2.6 million for the second quarter of 2021. The floating liquefied natural gas service provider said that compares with net income of $19.7 million for the second quarter of 2020. Operat...

Bermuda-based Nordic American Tankers Ltd has concluded a contract for one of its Suezmax crude oil tankers. The international tanker company said the contract comes just over five weeks after the conclusion of another contract for a Suezmax ship tha...

Bermuda-based Frontline Ltd, the oil tanker shipping company, has reported a net loss of $26.6 million, or 13 cents per basic and diluted share for the second quarter of 2021. The company reported an adjusted net loss of $23.2 million, or 12 cents pe...

Bermuda-based global financial services provider Apex Group Ltd appears on pace to complete a $2.07-billion (1.51-billion pound) acquisition of British asset management services provider, Sanne Group Plc. A joint statement said they reached an agreem...

Bermuda-based Textainer Group Holdings Limited has raised more than $144 million with completion of a public offering of six million depositary shares. Textainer said each share represents a 1/1,000th interest in a share of its 6.250 per cent Series ...

Bermuda-based container firm Triton International Limited has appointed Niharika Taskar Ramdev to its board of directors, effective immediately. With the appointment, Triton said its board consists of 10 directors. The company is the world’s largest ...

Bermuda-based Flex LNG Ltd has purchased 80,000 of the company’s own common stocks. The liquefied natural gas shipping company said the purchases were made between August 17 and 20 on the Oslo Stock Exchange at an average price of 128.07 Norwegian kr...