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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

Burt talks US relations with new Consul-General

Trade, national security and economic ties are discussed at the meeting on March 31
Trade, national security and economic ties are discussed at the meeting on March 31
  • Apr 06, 2025 8:31 PM
International Business

Board change after Golden Ocean billion-dollar buyout

On the buying end of the $1.2 billion deal, CMB.Tech NV is appointing new board members
On the buying end of the $1.2 billion deal, CMB.Tech NV is appointing new board members
  • Mar 23, 2025 2:16 PM
Opinion Writer

Thrown out with the bathwater

Khalid Wasi regrets that historical ideas that might have been profitable for the country were shot down with the messenger
Khalid Wasi regrets that historical ideas that might have been profitable for the country were shot down with the messenger
  • Mar 19, 2025 8:00 AM
General

US fees on Chinese-made ships ‘could be ruinous for Bermuda’

Washington Office said to be in “direct discussions with relevant agencies” over the Donald Trump-inspired threat
Washington Office said to be in “direct discussions with relevant agencies” over the Donald Trump-inspired threat
  • Mar 13, 2025 8:13 AM
General

Supplies hold-up affects newspaper’s look

Chief executive and publisher Jonathan Howes explains the issue is down to an acute shortage of printing plates
Chief executive and publisher Jonathan Howes explains the issue is down to an acute shortage of printing plates
  • Mar 07, 2025 7:57 AM
International Business

Valaris reports net income of $131m in fourth quarter of 2024

The Bermudian-based offshore drilling services company also secured approximately $120 million of contract backlog
The Bermudian-based offshore drilling services company also secured approximately $120 million of contract backlog
  • Feb 24, 2025 6:30 PM
International Business

Avance Gas reports $433m net profit in 2024 fiscal year

The Bermudian-based company engaged in the transportation of liquefied petroleum gas has sold its entire fleet as it prepares for liquidation
The Bermudian-based company engaged in the transportation of liquefied petroleum gas has sold its entire fleet as it prepares for liquidation
  • Feb 18, 2025 7:59 AM
International Business

Flex LNG reports fourth quarter net income of $45.2m

That is more than double the net income recorded by the company in the previous quarter
That is more than double the net income recorded by the company in the previous quarter
  • Feb 07, 2025 5:50 PM
International Business

DHT reports positive start to 2025 crude oil tanker market

More than half of the available spot days have been booked during the first quarter of the year
More than half of the available spot days have been booked during the first quarter of the year
  • Jan 22, 2025 7:59 AM
International Business

Avance Gas fleet sale closes

The Bermudian-based company’s 12 very large gas carriers have been acquired by Singapore-headquartered BW LPG
The Bermudian-based company’s 12 very large gas carriers have been acquired by Singapore-headquartered BW LPG
  • Jan 02, 2025 12:14 PM
International Business

Seadrill adds nearly $1bn to company’s order backlog

The Bermudian-based offshore drilling company has agreed two contracts with Petrobas, the state-owned Brazilian multinational
The Bermudian-based offshore drilling company has agreed two contracts with Petrobas, the state-owned Brazilian multinational
  • Dec 19, 2024 10:30 AM
Local Business

High import costs hurting small businesses

Importers sometimes find freight charges greater than the actual item cost
Importers sometimes find freight charges greater than the actual item cost
  • Dec 09, 2024 8:00 AM
International Business

Avance Gas completes fleet sale

Bermudian-based company engaged in the transportation of liquefied petroleum gas says it is to wind up operations
Bermudian-based company engaged in the transportation of liquefied petroleum gas says it is to wind up operations
  • Dec 03, 2024 4:00 PM
International Business

Golden Ocean Group reports Q3 net income of $56.3m

Bermudian-based company is the world’s largest listed owner of large-size dry bulk vessels
Bermudian-based company is the world’s largest listed owner of large-size dry bulk vessels
  • Dec 02, 2024 4:10 PM
International Business

Teekay net income down 13.7m from Q2

The firm reported net income attributable to shareholders of $20.1 million in Q3
The firm reported net income attributable to shareholders of $20.1 million in Q3
  • Oct 31, 2024 6:13 PM
International Business

Wista International marks milestone 50th anniversary

Organisation that connects women in the shipping sector has 5,200 members worldwide, including in a Bermuda chapter
Organisation that connects women in the shipping sector has 5,200 members worldwide, including in a Bermuda chapter
  • Oct 15, 2024 5:10 PM
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