Log In

Container company Triton International Ltd has reported an adjusted net income of $15.3 million for the fourth quarter, and a full-year profit of $48.9 million. The company said it is on target to achieve its target of annual savings of $40 million a...

The operators of one of Bermuda’s lifelines has signed up for a replacement ship. Shipping firm BCL has ordered a new Oleander to replace the current vessel, which has been in service for more than a quarter of a century. The 120-metre, 6,500-ton dea...

The operators of one of Bermuda’s lifelines has signed up for a replacement ship. Shipping firm BCL has ordered a new Oleander to replace the current vessel, which has been in service for a quarter of a century. John Wight, chairman of the Board of B...

Work on Somerset Bridge is set to be done by the middle of the month, according to a spokeswoman for the Department of Public Works. Repairs on the north side have been finished and work on the south side of the smallest drawbridge in the world was e...

A ship management company with offices in Bermuda is involved in the building of a potentially ground-breaking gas supply vessel. The ship will be used to deliver liquefied natural gas for refuelling of ships, such as ferries, containers and cruise s...

Bermudian-based Frontline Ltd has acknowledged the decision by DHT Holdings to reject an offer to combine the crude oil tanker businesses. Frontline, which is more than twice the size of DHT in terms of market capitalisation and fleet size, had propo...

A bid by Bermudian-based Frontline Ltd to acquire an independent crude oil tanker company less than half its size, is part of consolidation pressure across the sector. And while the non-binding proposal has been rejected by the directors of DHT Holdi...

Nordic American Tankers made a $1.8 million loss in the fourth-quarter. That equates to a loss of two cents per share. Five analysts surveyed by Zacks Investment Research had estimated the Bermudian-based company would post a break-even result. For ...

Bermuda’s shipping register is set to get a boost after China agreed to give island-flagged ships “most favoured” status. Captain Pat Nawaratne, head of the Bermuda Shipping and Maritime Authority, set up last year, said the move would give the islan...

Many traditional shipping names will disappear as a result of a shake-up in the container ship industry, brought about by overcapacity, slower global trade and a widened Panama Canal. That is the view of Jens Alers, group director of Bernhard Schulte...

Female leaders of the island’s shipping industry have launched a Bermuda chapter of the Women’s International Shipping & Trading Association. Bermuda is the 40th country to join the global organisation, whose members are women in management positions...

A number of boat owners are counting their losses in the wake of Hurricane Nicole. Bermuda Maritime Operations said yesterday that there were at least 27 “boat incidents” reported thus far — including vessels sunk or dashed on the rocks — but in time...