3259 results returned for search: "" category ("International Business" AND "Business")
Bermuda-based SFL Corporation Ltd has agreed to acquire two 14,000 TEU (Twenty-foot equivalent) container vessels in combination with charters to a leading container line.
SFL said: “The vessels are modern eco-design built in 2013 and 2014 with appro...
DATE: Aug 05, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
There are warnings about the future of a Caribbean insurer, in which a Bermuda company acquired a sizeable stake three years ago.
The warnings came as Caribbean Information and Credit Rating Services Limited (CariCRIS) affirmed ratings for Beacon Ins...
DATE: Aug 04, 2021
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
The boss of a Bermuda-based tanker company has told shareholders and investors that it plans to renew and expand its fleet.
Herbjorn Hansson, founder, chairman and chief executive officer of Nordic American Tankers Ltd, said: “A few years ago, NAT wi...
DATE: Aug 03, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Nineteen Bermudian students received financial support for their further education through the island’s largest postsecondary scholarship programme at the recently held annual Association of Bermuda International Companies (ABIC) Education Awards lun...
DATE: Aug 03, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudians are being encouraged to consider accountancy as a profession due to the growing need for qualified candidates both on the island and worldwide.
More than 300 accountants are employed in Bermuda as guest workers which means there are opport...
DATE: Aug 03, 2021
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
A subsidiary of the Abu Dhabi owned and operated RoyalJet Group has been granted an air operator certificate by the Bermuda Civil Aviation Authority, the company announced.
The granting of this certificate – the first AOC to be issued to the Group ou...
DATE: Aug 02, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Energy industry mutual, Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS) has just had its credit rating affirmed by ratings agency AM Best.
Best said the outlook of the financial strength rating is stable, affirmed at A (Exc...
DATE: Aug 02, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermuda-based Nabors Industries Ltd, the global oil and gas drilling contractor, has reported second quarter 2021 operating revenues of $489 million, compared to operating revenues of $461 million in the first quarter of 2021.
The net loss from conti...
DATE: Jul 28, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
24 Exchange Bermuda Ltd has acquired New York-based technology and service provider 11B Technologies.
The Bermuda-based company operates the multi-asset class trading platform, 24 Exchange.
Dmitri Galinov, chief executive officer and founder of 24 Ex...
DATE: Jul 27, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
HSCM Bermuda is among the latest investors in an American flood specialist insurance company.
Tech-enabled MGA reThought Insurance has completed a $15.5 million Series A investment round that it says will help fund its rapid growth in the flood insur...
DATE: Jul 27, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff