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Bermuda-based Avance Gas Holding Ltd has entered into three time charter agreements. The company, which is engaged in the transportation of liquefied petroleum gas, said the agreements are for a period of two years at an average hire level of approxi...

Diamond coins issued in an offering regulated by the Bermuda Monetary Authority have increased in value dramatically since their $25 million IPO in March. About 5,000 Diamond Standard Coins were sold in the IPO for $5,000 each. The coins are now valu...

Financial services firms will get a competitive lead from legal changes, MPs have been told. The changes tabled by Curtis Dickinson, the finance minister, amended 2019 legislation to clarify that an incorporated segregated account qualified as a comp...

Bermuda-based Höegh LNG Partners LP has agreed to charter the Höegh Gallant for a period of ten years. The floating liquefied natural gas service provider said the charter with a subsidiary of New Fortress Energy Inc is planned to begin during the fo...

The Bermuda Stock Exchange has begun to publish MIAX Pearl Equities market data for ten actively traded US companies to the Pyth Network, a decentralised financial market data distribution platform. The Pyth Network, announced by Jump Trading Group i...

PwC Bermuda, together with its Caribbean counterparts, has collectively donated $50,000 to disaster relief and recovery efforts in Haiti after last month’s 7.2-magnitude earthquake. The professional services firm said that the money was raised by the...

Digicel Group has been shortlisted for the World Communication Awards in the Operator of the Year category. The company’s entry, “Building a Digital Operator”, highlighted the work that culminated in the launch in October 2020 of Digicel as a digital...

Bermuda-based Valaris Ltd, the offshore drilling services company, has been awarded three jack-up contracts. Valaris said that a contract with TAQA offshore the Netherlands for Valaris JU-123, a heavy-duty harsh-environment jack-up, is expected to be...

Apex Group Ltd., a global financial services provider, has launched a Carbon Footprint Assessment & Reporting service to meet growing market demand. The new offering helps funds and companies to measure the sources of emissions, implement plans to r...

The founder, chairman and CEO of Bermuda-based Nordic American Tankers Ltd has purchased 75,000 shares in the company. The oil tanker company said Herbjorn Hansson bought the shares at $2.3273 per share. The Hansson family is one of the largest share...