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A massive bulk carrier made a visit to Dockyard yesterday morning for a fuelling stop. The M/V Dragon arrived in the West End at around 7am yesterday, and is scheduled to depart at 8am today. The bulk carrier, registered in the Bahamas, is owned by M...

A Filipino crew member aboard the Corvette tanker was taken to King Edward VII Memorial Hospital yesterday after falling ill. The 48,060-tonne vessel was en route from the Bahamas to Tarragona, Spain, when it diverted from a position 64 miles south-...

Five Bermudian-based shipping operators were yesterday honoured for helping to save lives at sea by the US Coast Guard. US Consul General Mary Ellen Koenig presented the representatives of the organisations with pennants for their 15 ships and letter...

Nordic American Tankers Ltd, the Bermudian-based oil tanker operator, has reported first-quarter earnings of $29.3 million. The company is in the process of acquiring four existing Suezmax tankers to add to its fleet, bringing its total number of tan...

Teekay Corporation swung to fourth-quarter net income of $38.2 million from the loss it reported in the same period a year earlier. The Bermudian-based company said it had net income of 52 cents per share. Earnings, adjusted for one-time gains and co...

A sick crew member on board an oil tanker 300 miles to the island’s east will be flown to Bermuda in the early hours of tomorrow. According to a spokesman for the Department of Marine and Ports Services, the 38-year-old male Filipino national has bee...

The oil price crash is not proving to be an unmitigated disaster for all sections of the oil service industry. On the contrary, for ship operators and owners it is proving to be a lucrative time, and things are looking rosy for at least another year....

A tanker en route from Texas to Quebec will drop a stricken crew member off in Bermuda tonight. At 10.15am today, the Bermuda Maritime Operations Centre received a call from the 42810 GRT Motor Tanker ‘Laurentia Desgagnes’, reporting that a 59-year-o...

Bermuda-based shipping company Teekay Tankers Ltd saw its profit rise in the third quarter as spot charter rates for its oil and gas tankers increased. Teekay, which owns 51 tankers of various sizes, reported net income of $41.2 million, or 30 cents ...

A Bermuda tech firm has teamed up with an international software company to provide free cyber-security checks for Island businesses. CheckPoint Software Technologies, based in Israel and the US, has joined up with Hamilton-based Independent Consulti...

Bermuda-based oil shippers are seeing their income rocket as oil tanker rates surge. Increased production in Saudi Arabia and Iraq, as well as relatively low oil prices encouraging major buyers like China to hoard crude, are driving a spike in demand...

Bermuda-domiciled oil tanker operator Nordic American Tanker (NAT) reported that rates for hiring its vessels plunged in the second quarter of this year — but it expects a rebound in the current quarter. NAT said rates achieved for its trading fleet ...