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The operator of Hamilton docks saw profits and cargo volumes soar on the back of America’s Cup-related activities. Polaris Holding Co Ltd, the parent company of Stevedoring Services Ltd, reported profits of $1.15 million for the six months ended Sep...

Confiscated and abandoned imports are set to be auctioned online by the Customs Department in a new initiative starting this Monday. Goods will be put up for sale every Monday morning at www.customssales.com with a minimum reserve price, and offers ...

A new tax on oil imports will help protect and promote the world heritage site of St George’s. But oil importers yesterday reserved judgement on the one quarter of a cent per litre tax levy proposal until the details — including whether they can pa...

Local supplies of Carlsberg Elephant beer are dwindling due to shipping delays out of Denmark. Distributor Burrows Lightbourn Limited has been out of the popular beverage for just over a week. Said Vice President of Sales and Marketing Derek Emery: ...

Package companies are stepping up their efforts to stop a potential import duty hike ahead of Government’s Open Budget Town Hall Meetings today. In a mass email plea sent out this week, Bermudian-owned companies, Mailboxes and BEST Shipping, asked th...

The value of imports in the first three months of this year fell to their lowest level for a first quarter since 2003, data suggesting a shrinking economy. The Quarterly Bulletin of Statistics for the first quarter of 2011, released by Government yes...

Imports have dropped 10 percent per annum over the past two years while outbound cargo has continued to increase steadily since 2006/07 according to Stevedoring Services, suggesting that more people are leaving the Island. Bermuda Container Line Ltd ...