International Business War insurance prices rise up to fivefold for ships in Middle East Shippers weigh US government offer to escort idle vessels through hostile waters Shippers weigh US government offer to escort idle vessels through hostile waters Mar 06, 2026 9:06 AM
General Home receives $5,000 donation from freight company Bermuda International Shipping Ltd says the firm is impressed by the charity’s mandate Bermuda International Shipping Ltd says the firm is impressed by the charity’s mandate Jan 13, 2026 7:07 AM
Year in Review April 2025: Relief as tariff threat dissipates Outcome seen as the result of engagement with the United States and work with Caricom by the Government Outcome seen as the result of engagement with the United States and work with Caricom by the Government Jan 05, 2026 8:12 AM
International Business Skuld appoints Daria Avdeeva to senior role The executive will advocate for the insurance and maritime communities in the regulatory space The executive will advocate for the insurance and maritime communities in the regulatory space Dec 18, 2025 6:40 PM
Reinsurance UK P&I Club and TT Club ponder merger The clubs believe coming together would accelerate progress towards shared strategic goals The clubs believe coming together would accelerate progress towards shared strategic goals Dec 01, 2025 6:15 PM
Local Business Polaris hit by challenging economic environment The firm saw income fall from $913,000 in the first half of fiscal 2025 to $371,000 for the first half of fiscal 2026 The firm saw income fall from $913,000 in the first half of fiscal 2025 to $371,000 for the first half of fiscal 2026 Nov 19, 2025 6:39 PM
International Business Seadrill reports six-month $53m loss The firm loses $11 million in the third quarter of 2025, following a loss of $42 million in Q2 The firm loses $11 million in the third quarter of 2025, following a loss of $42 million in Q2 Nov 11, 2025 2:00 PM
International Business Ship operated by Bermuda company attacked by pirates A warship containing pirate hunters from the European Union are engaged to track down the culprits A warship containing pirate hunters from the European Union are engaged to track down the culprits Nov 05, 2025 6:05 PM
International Business Teekay profit surges as tanker rates strengthen The firm benefits from vessel sales and strong crude-shipping rates for a net income of $92.1 million The firm benefits from vessel sales and strong crude-shipping rates for a net income of $92.1 million Nov 04, 2025 8:41 AM
Local Business Stevedoring Services receives global recognition The port operator receives third place in the 2025 Ludlow Street Container Port of the Year awards The port operator receives third place in the 2025 Ludlow Street Container Port of the Year awards Oct 29, 2025 6:42 PM
Local Business Mailboxes CEO says Bermuda can adapt to US shipping changes Bricen Hakeman says couriers have not halted exports, but customers should be prepared to pay duty on shipments to US Bricen Hakeman says couriers have not halted exports, but customers should be prepared to pay duty on shipments to US Aug 28, 2025 7:59 AM
Local Business Post office suspends package shipments to US The move is a temporary precaution after all parcels entering America were made subject to import duties The move is a temporary precaution after all parcels entering America were made subject to import duties Aug 27, 2025 8:00 AM
Labour Overtime ban lifted at docks as importers share frustrations Port workers agree to normal hours as distributors insist their protest over a single employee held the island to ransom Port workers agree to normal hours as distributors insist their protest over a single employee held the island to ransom Aug 16, 2025 8:01 AM
Labour Dock-workers to vote on continuation of overtime ban Unionised staff will review the two-month-long action at a meeting next week Unionised staff will review the two-month-long action at a meeting next week Aug 06, 2025 8:00 AM
International Business Tanker company sees tariffs clouding outlook The growth in demand for global oil is projected to be lower in the medium term The growth in demand for global oil is projected to be lower in the medium term Aug 04, 2025 5:15 PM
Local Business New American shipping rules to impact Bermuda vessels The Coast Guard now requires cyber incidents at sea be reported when entering a US port The Coast Guard now requires cyber incidents at sea be reported when entering a US port Aug 04, 2025 8:00 AM
Politics Harsher marine pollution penalties to be introduced Environment minister says regulations send a clear message that illegal behaviour will not be tolerated Environment minister says regulations send a clear message that illegal behaviour will not be tolerated Jul 11, 2025 5:04 PM
General OBA condemns union over docks overtime ban Vance Campbell says the BIU is trying to hold the country hostage over a matter that involves an individual person Vance Campbell says the BIU is trying to hold the country hostage over a matter that involves an individual person Jul 03, 2025 8:00 AM
General Essential produce offloaded as docks target resumption Union sticks by its guns saying overtime ban will remain in place, but that it is open to dialogue and resolution Union sticks by its guns saying overtime ban will remain in place, but that it is open to dialogue and resolution Jul 01, 2025 7:59 AM
General Industry expert: huge backlog of containers at dock – it’s total gridlock Gerald Swan, customer service manager at Neptune Group Management, says the firm is “anxiously anticipating updates” Gerald Swan, customer service manager at Neptune Group Management, says the firm is “anxiously anticipating updates” Jun 30, 2025 8:40 AM
International Business Insurers urged to carry out due diligence amid Iran sanctions The International Group of Protection and Indemnity Clubs issued guidance that shipments involving Iranian oil pose a risk The International Group of Protection and Indemnity Clubs issued guidance that shipments involving Iranian oil pose a risk Jun 24, 2025 6:51 PM
Reinsurance Teekay buys newer tankers for environmental goals Firm has sold off older vessels to meet sustainability targets and is using biofuels on some voyages Firm has sold off older vessels to meet sustainability targets and is using biofuels on some voyages Jun 09, 2025 7:20 PM
International Business Shipping firms merge into maritime giant The new company is now one of the largest listed diversified maritime groups in the world The new company is now one of the largest listed diversified maritime groups in the world May 28, 2025 6:55 PM
International Business Golden Ocean reports Q1 net loss of $44.1m The losses reflect a weaker market environment, with softer charter rates and lower trading activity The losses reflect a weaker market environment, with softer charter rates and lower trading activity May 21, 2025 6:13 PM
International Business Seadrill Q1 results plunge The net loss of $14 million came as both operating revenues and contract revenues were higher The net loss of $14 million came as both operating revenues and contract revenues were higher May 13, 2025 4:45 PM
Transport Stricken container ship still adrift off Bermuda One crewman on the Maersk Sana is still in critical condition after an engine-room explosion One crewman on the Maersk Sana is still in critical condition after an engine-room explosion May 13, 2025 8:23 AM
International Business Golden Ocean Group and CMB.Tech to merge It would be one of the largest listed maritime groups by capitalisation, NAV and share liquidity It would be one of the largest listed maritime groups by capitalisation, NAV and share liquidity Apr 23, 2025 12:30 PM
General Dilution of shipping fees plan welcomed Shipping line chairman says latest move is believed to be very good news for the island Shipping line chairman says latest move is believed to be very good news for the island Apr 18, 2025 10:12 AM
Politics Government looking at trade partnerships beyond US The US Ships Act could cause prices in Bermuda to rise if exceptions are not given The US Ships Act could cause prices in Bermuda to rise if exceptions are not given Apr 08, 2025 8:17 AM
