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Bermuda-based Höegh LNG Partners LP has agreed to charter the Höegh Gallant for a period of ten years. The floating liquefied natural gas service provider said the charter with a subsidiary of New Fortress Energy Inc is planned to begin during the fo...

Bermuda-based Valaris Ltd, the offshore drilling services company, has been awarded three jack-up contracts. Valaris said that a contract with TAQA offshore the Netherlands for Valaris JU-123, a heavy-duty harsh-environment jack-up, is expected to be...

A Sustainability Report and Environmental, Social and Governance (ESG) Position Statement developed by Bermuda-based Valaris Limited have been endorsed by the company’s executive management team and the ESG committee of its board of directors. The of...

Bermuda-based SFL Corporation Ltd has agreed to acquire three Suezmax tankers in combination with long-term time charters to a world-leading commodity trading and logistics company. SFL said the vessels, built in 2019, have the latest eco-design feat...

Bermuda-based Teekay Corporation has contracted with the Australian Department of Defence to provide marine services for five government vessels for a firm period of six years, with options to extend for up to an additional 10 years. Under the contra...

Borr Drilling Limited, the Bermuda-based oilfield services company, has secured a letter of award for the premium jack-up drilling rig "Mist" from an undisclosed operator in Southeast Asia. The company said the programme is expected to commence in No...

Borr Drilling Limited, the Bermuda-based oilfield services company, has reported a net loss of $59.9 million for the second quarter of 2021. The company said that was an increase of $5.5 million compared to the first quarter of the year, impacted by ...

Bermuda-based Nordic American Tankers Ltd is planning for a brighter future as it weathers difficult present conditions, its boss has said. Herbjorn Hansson, founder, chairman and chief executive officer of the oil tanker company, said: “These are ch...

Bermuda-based Höegh LNG Partners LP has reported net income of $2.6 million for the second quarter of 2021. The floating liquefied natural gas service provider said that compares with net income of $19.7 million for the second quarter of 2020. Operat...

Bermuda-based Nordic American Tankers Ltd has concluded a contract for one of its Suezmax crude oil tankers. The international tanker company said the contract comes just over five weeks after the conclusion of another contract for a Suezmax ship tha...

Bermuda-based Frontline Ltd, the oil tanker shipping company, has reported a net loss of $26.6 million, or 13 cents per basic and diluted share for the second quarter of 2021. The company reported an adjusted net loss of $23.2 million, or 12 cents pe...

Bermuda-based Flex LNG Ltd has purchased 80,000 of the company’s own common stocks. The liquefied natural gas shipping company said the purchases were made between August 17 and 20 on the Oslo Stock Exchange at an average price of 128.07 Norwegian kr...