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Seadrill Ltd’s board chairman has stepped down. Glen Ole Rødland had been chairman of the Bermudian-based offshore drilling outfit since November 2019. His resignation is effective immediately. Seadrill commenced Chapter 11 cases in Texas on February...

Two lawyers from the Bermuda office of law firm Appleby are among the speakers at the Transcontinental Trusts International Forum, a four-day event set to begin on Tuesday. The firm said the long-time fixture on the Bermuda business calendar will be ...

Bermudian-based offshore drilling outfit Seadrill Ltd has made two senior staff appointments, and a high-profile board appointment. The company said Grant Creed has been named chief financial officer and Leif Nelson has become chief operating officer...

Bermudian-based Nordic American Tankers Ltd remains bullish about the future despite reporting a net loss of $25 million, or 16 cents per share, in the first quarter of the year. This compares with a loss of $28.7 million in the fourth quarter of 202...

Norwegian Cruise Line Holdings Ltd is planning to restart US-based cruise voyages in August, although they will only be for trips to Alaska. It is one of the major cruise operators that sails to Bermuda. Currently, Norwegian is not sailing from direc...

Butterfield, the bank and trust company headquartered in Bermuda, is to be the lead sponsor of the inaugural Atlantic World Art Fair. The online event taking place from June 1 to 21 will present nine exhibitors and feature the talents of more than 60...

Bermuda is featured in Newsweek magazine’s latest country report section as part of the publication’s “live and work” series. The report covers the island’s efforts to relaunch the tourism sector and build a future-proof economy through the convergen...

JetBlue will begin offering its first transatlantic flights, which will be between New York and London, from August. It is aiming to offer lower prices on the route, including in its premium cabins. JetBlue has a service between Bermuda and JFK, whic...

Bermudian-headquartered Frontline Ltd, one of the world’s leaders in the seaborne transportation of crude oil and refined products, is to add to its fleet of very large crude carriers. Frontline said it has agreed to acquire through resale six latest...

Apex Group Ltd, the global financial services provider founded in Bermuda, has acquired Tzur Management, a fund administration services provider with offices in Tel Aviv and New York. Terms of the deal were not disclosed. Apex said the strategic dea...