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The oil tanker company Nordic American Tankers Limited has concluded two six-year time charters for its two Suezmax newbuildings set for delivery in May and June. The Bermudian-based company said the contracts are with Asyad Shipping Company in Oman ...

Changes to the island’s anti-money laundering regulations to better police digital assets have been given the green light by the House of Assembly. Curtis Dickinson, the Minister of Finance, said the Proceeds of Crime Amendment Act 2022 would update ...

DHT Holdings Inc, the Bermudian-based crude oil tanker company, has reported a net loss in fiscal year 2021 of $11.5 million. That compares with net income of $266.3 million in 2020. The difference between the two periods mainly reflects lower tanker...

Two cruise ships operated by a subsidiary of Bermudian-based Genting Hong Kong Limited have been placed under arrest in the Bahamas for alleged non-payment of bills. The Crystal Symphony and Crystal Serenity were arrested on Friday evening in waters ...

Joint provisional liquidators have been appointed by the Supreme Court of Bermuda to assist in restructuring the indebtedness of Dream Cruises Holding Limited. Puisne Judge Larry Mussenden on Friday appointed Bermudian-based Alex Whittaker, of R&H Se...

Apex Group Ltd, the Bermudian-based global financial services provider, has appointed Keith Mahon as managing director, Bermuda. The company said Mr Mahon would be responsible for leading the business and to continue the development and growth of Ape...

A global provider of connectivity and internet services has announced its intention to move its group parent company to the United Kingdom, replacing a company incorporated in Bermuda. Veon Ltd, which is listed on the Nasdaq and Euronext Amsterdam ex...

The parent company of a Bermudian-based investment business has acquired a bank in the Cayman Islands. Jamaica-headquartered Proven Investments Limited, through its newly formed subsidiary Proven Bank Holdings Limited, has completed its acquisition o...

Bermudian-based Nordic American Tankers Limited, the oil tanker company, has sold its second Suezmax tanker in five months. The company, which is adjusting its fleet, has sold the 2002-built Nordic Mistral following the sale of 2000-built Nordic Siri...

Bittrex Global, which has operations in Bermuda and Liechtenstein, has launched Bittrex Global Starting Block, a new initial exchange offering (IEO) platform. Announcing the news in the Liechtenstein capital of Vaduz, the company said the platform ha...