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A 45-day public review period has begun for the application by 24X National Exchange LLC to the US Securities and Exchange Commission for a licence to create a new national exchange. 24X is a US subsidiary of 24 Exchange Bermuda Ltd. The company said...

Bermudian-based Golar LNG Limited, the owner of tankers that haul liquefied natural gas, has sold the Golar Tundra to Milan-based Snam Group for $350 million. The transaction saw Snam acquire 100 per cent of the share capital of Golar LNG NB 13 Corpo...

Venture capitalists, G2D Investments Ltd, has announced a first quarter 19 per cent decrease in global funding to start-ups, down to $143.9 billion compared to the record breaking 4Q21. The first quarter was still the fourth largest for funding on re...

The chief executive officer of Borr Drilling Limited, the oilfield services company based in Bermuda, remains optimistic despite a $51.3 million net loss reported by the company for the first quarter of the year. Patrick Schorn said: “We are pleased ...

Bermudian-based Nordic American Tankers Limited, the oil tanker company, expects better days ahead after reporting a net loss of $27 million for the first quarter of the year. That compares with a net loss of $25 million in the same quarter a year ag...

Climate change has made a significant impact on the catastrophe modelling industry, a leader in the sector told a sold-out audience at the inaugural Bermuda Climate Summit. Industry veteran Karen Clark is the founder and CEO of cat modellers Karen Cl...

Höegh LNG Partners LP, the Bermudian-based floating liquefied natural gas service provider, has entered into a definitive merger agreement with Höegh LNG Holdings Ltd, the island-registered company, in a deal worth $167.6 million. Under the agreement...

The Bermudian online payment solutions provider, First Atlantic Commerce, has announced an alliance with the FinTech Association of Trinidad & Tobago, a not-for-profit organisation that provides open membership to fintech start-ups and tech companies...

Three new members have been appointed to the executive management committee at Valaris Limited, the Bermudian-based offshore drilling company. Chris Weber will join Valaris as senior vice-president and chief financial officer, Matt Lyne will come abo...

Apex Group Ltd, the global financial services provider established in Bermuda in 2003, has acknowledged its massive expansion since the close of recently announced acquisitions. The business has grown to $2.75 trillion in assets serviced across admin...