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The leader of Bermudian-based Nordic American Tankers Ltd told the company’s shareholders and investors yesterday to expect rate increases for its ships. Herbjorn Hansson is the founder, chairman and chief executive officer of NAT. He was speaking fo...

A light-hearted April Fools’ Day video by Bermuda-incorporated data and software company Afiniti has brought smiles to the faces of many people. Featuring Bermuda scenes filmed by local crews, the promotional video explained the concept of Afiniti's ...

Law firm Appleby has announced a new partner and a counsel promotion in its Bermuda office. Hannah Tildesley, of the firm’s dispute resolutions team, has been promoted to partner – one of eight senior promotions made by Appleby across its Bermuda, Br...

Athene Holding Ltd has completed a $891 million purchase of substantially all the assets of Hertz Global Holdings Inc’s subsidiary Donlen Corporation, a fleet management company. Bermudian-based Athene said it plans to invest behind the Donlen platfo...

A digital campaign entitled “International Business is Everyone’s Business” has been launched to coincide with International Business Week. It promotes scholarships and career opportunities in IB available to young people, and highlights how Bermuda’...

Oil Insurance Limited made a profit of $466.5 million last year. It recorded a $66.9 million underwriting profit. The company has declared a $380 million dividend. During a board meeting in Bermuda last week, the directors approved the company’s 202...

A huge containership that blocked Egypt’s Suez Canal for six days is moving once more after being successfully refloated. Bernhard Schulte Shipmanagement (BSM), which has an office on Par-la-Ville Road, are the technical managers of the ship Ever Giv...

Efforts to refloat the huge containership blocking Egypt’s Suez Canal are now focused on dredging and removing sand and mud from around the vessel’s bow, according to Bernhard Schulte Shipmanagement. The global maritime solutions company, which has ...

Lighthouse Connect, an education-focused fund launched by Legal & General Reinsurance, is on track to deliver more than 230 laptops to Bermuda’s public-school students this academic year. A spokesman for the company said machines that have not yet b...

Future Leaders Bermuda has announced its first-ever corporate partnership, which will see a number of Bermudian students given the opportunity to engage in internships and networking initiatives with top executives at an international asset managemen...