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Bermudian-based Textainer Group Holdings Limited, one of the world’s largest lessors of intermodal containers, has reported net income of $78.6 million for the second quarter. That compares with $72.7 million for the first quarter of 2022. The averag...

Bermudian-headquartered Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net profit of $28.8 million for the second quarter of the year. That compares with a net loss of $8.2 million for the second qu...

Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders for the second quarter of $184.6 million. That compares with net income of $181.2 m...

Hamilton docks will close early today so that workers can honour a long-time colleague. A public announcement was made by Polaris Holding Company, which counts the city’s dock operator Stevedoring Services among its subsidiaries. It said: “The manage...

One of the world’s largest listed dry bulk shipowners has begun a major modernisation of its fleet. Making the announcement from its Hamilton office, the Nasdaq-listed Golden Ocean Group Limited said that it has agreed to the construction of three hi...

Valaris Limited, the Bermudian-based offshore drilling services company, has announced new contracts and contract extensions with associated contract backlog of $466 million. Contract backlog excludes lump-sum payments such as mobilisation fees and c...

Bermudian-based Cool Company Ltd has acquired from Golar Management (Bermuda) Limited the management organisation responsible for the technical and commercial management of its liquefied natural gas carriers and the provision of such services to thir...

One of the world’s most recognisable tall ships, the US Coast Guard Cutter Eagle is to visit Bermuda next week. The ship will be moored along Front Street from July 8 to July 12 and will be open for free public tours from Friday, July 8 to Monday, Ju...

The six-day blockage of a vital maritime trade route last year by the Ever Given containership could result in more than $2 billion in claims, a leading French reinsurer has said. The Ever Given, which weighs 200,000 tonnes and is 400 metres long, ra...

A company pursuing a legal challenge over an online shopping deal said it is pleased the Government can face accountability for its procurement decisions. Island importer Mailboxes Unlimited launched legal action over the Government’s deal with Flori...

Appleby partner Tim Faries and UK-based Carlo Ravizza have joined the board of Hoegh LNG Partners LP, the Bermudian-based floating liquefied natural gas service provider. Mr Faries has been appointed by the general partner of the partnership to fill ...

Boaters have been unable to license their vessels after computer systems at the Department of Marine and Ports were sunk by a technical glitch. Government computer systems across all ministries were disabled by an outage last month. Although the prob...