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Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas, has reported a net profit of $18.4 million in the second quarter of the year. That compares to a net profit of $24.3 million in the first qu...

The Bermudian principals of the world’s next generation of electric ferries and water shuttles know that the launch will draw a lot of international attention. And with such global scrutiny, they see a huge benefit in ensuring the financial planning ...

Bacardi, the Bermudian-based global spirits company, has launched Bacardi Reserva Ocho Rye Cask Finish, the second instalment in the brand’s limited-edition cask finish series. The new aged rum offering rolls out this month as part of the brand's fiv...

Bermudian-based Valaris Limited has been rated the number one offshore driller in EnergyPoint Research’s 2022 customer satisfaction survey covering offshore contract drillers. The company said this annual benchmark survey is the industry standard for...

DHT Holdings Inc, the Bermudian-based crude oil tanker company, has agreed to sell the DHT Edelweiss, a 2008 built very large crude carrier, for $37 million. The company said the vessel is not fitted with an exhaust gas cleaning system and is due for...

The Bermudian-based subsidiary of US-based crypto currency exchange CoinZoom has been granted a license by the Bermuda Monetary Authority. CoinZoom Global Ltd’s license under the Digital Asset Business Act allows the exchange to serve as a trading pl...

Civil aviation authorities have been given permission to help owners and lessors regain control of aircraft trapped in an international quagmire that is part of the Russia-Ukraine war. It could also mean their return to good standing on the island's ...

Bermudian-headquartered Frontline Ltd, a shipping company engaged primarily in the ownership and operation of oil tankers and product tankers, has reported net income of $47.1 million for the second quarter of 2022. Adjusted net income for the quarte...

Bermudian-based Flex LNG Ltd has reported net income of $44.3 million for the second quarter 2022, compared to net income of $55.8 million for the first quarter of the year. The liquefied natural gas shipping company had vessel operating revenues of ...

Telecommunications industry veteran John Townsend has been appointed chief financial officer at the Digicel Group. Immediately prior to joining Digicel, Mr Townsend was CFO — business group at Verizon, and also served in the CFO capacity across vario...