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Bermuda-based Valaris Ltd, the offshore drilling services company, has been awarded one-well contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for the drillship, ...

Bermuda-based SFL Corporation Ltd, one of the world’s largest ship-owning companies, has entered into long term charters with a leading Asia-based transportation company for two ultra-modern dual-fuel car carriers, designed to use liquefied natural g...

Bermuda-based Flex LNG Ltd has reported net income of $12.7 million and earnings per share of $0.24 for the second quarter of the year, compared to net income of $47.2 million and earnings per share of $0.88 for the first quarter. The liquefied natur...

Bacardi Rum is expanding its premium portfolio range with the launch of a limited-edition Bacardi Reserva Ocho Sherry Cask Finish, Bacardi announced Monday, National Rum Day in the United States. The new rare rum offering marks the start of a five-ye...

A businesswoman in the Cayman Islands is suing the Bank of Butterfield, claiming breach of contract after she said the bank closed out her accounts, the publication OffshoreAlert is reporting. Representing herself, Sharon Lexa Lamb, who describes her...

Bermuda-based Golar LNG Limited, an owner of tankers hauling liquefied natural gas, returned seven directors at its annual general meeting on Tuesday. Re-elected as directors were Tor Olav Trøim, Daniel Rabun, Thorleif Egeli, Carl Steen, Niels G. Sto...

The board of directors of Borr Drilling Limited, the Bermuda-registered oilfield services company, has resolved to grant 10.3 million share options under the company's approved share option scheme to 23 of its employees. Among the grantees are two in...

A group of companies that operated the BitMEX crypto exchange will pay $100 million to settle allegations that they allowed years of illegal trades and violated anti-money laundering rules, resolving one of the first big cases in an emerging US crack...

Borr Drilling Limited, the Bermuda-based oilfield services company, has secured a Letter of Award for the premium jack-up drilling rig "Gunnlod" from an undisclosed operator in Malaysia. The company said the programme is expected to commence in the f...

Improved market conditions and an expanded fleet have prompted Bermuda-based dry bulk shipping company Golden Ocean Group Ltd to terminate a joint venture entered into five years ago. The relationship with Capesize Chartering Ltd coordinated the Cap...