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Bermuda-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $8.1 million for the three months ended June 30, or 24 cents loss per basic and diluted share. The company said the results i...

A partner in the Bermuda office of international law firm Appleby has been given a top ranking in the 2021 Chambers Global High Net Worth Guide. Vanessa Schrum, group head of the firm’s private client and trusts practice in Bermuda, was ranked in Ban...

Bermuda-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders of $54.7 million or 81 cents per diluted share for the second quarter of the year. The co...

Bermuda-based Apex Group Ltd has supported long-standing client Integral Group, a Tokyo-based private equity group, in the successful raising of Integral Fund IV, which held its final closing at its hard cap of JPY123.8 billion. Apex, the global fina...

Carey Olsen Bermuda Limited has been ranked in Band 1 for its trusts and private wealth practice in the latest edition of the Chambers and Partners High Net Worth guide. Carey Olsen said it is the only Bermuda law firm to have a Band 1 ranking as a f...

Bermudian-based offshore drilling company Seadrill Limited has entered into agreements that it says contemplates a plan of reorganisation that will raise $350 million in new financing and reduce the company's liabilities by more than $4.9 billion. Th...

Registration is now open for the third annual Bermuda Tech Summit, which will take place virtually October 13-15, the Bermuda Business Development Agency has announced. Centred on the theme “Transforming the Digital Landscape,” the BDA said the free ...

A Bermudian-registered company has launched its blockchain-based employee goal-management and compensation app to what it said is an initial user base of more than 150,000 US employees from numerous partner companies. blockWRK’s launch has been accel...

Borr Drilling Ltd, the Bermuda oilfield services company, has received a letter of award from an international oil company for additional jack-up drilling rig work in Mexico. The company said the programme is expected to commence in the second quarte...

Bermuda’s Financial Policy Council will today discuss the shift toward a globally consistent tax on corporate profits - and how that may impact Bermuda. The FPC’s 17th meeting will be held via teleconference. Consistent with its mandate to provide a...