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Seadrill Limited, the Bermudian-based offshore drilling company, has been awarded three contracts with a total value of $404 million by a leading operator. The contracts have been awarded for the West Ariel, West Cressida, and West Leda jack-up rigs ...

The Government has moved to block a judicial review into how it signed a controversial deal without putting the contract out to tender. The Cabinet Office ministry signed a deal with Florida-based shipper Access USA through the Post Office in May, 20...

Offshore drilling services leader Valaris Limited, the Bermuda exempted company, has reported a net loss of $39.8 million in the first quarter 2022 compared with net income of $27.7 million in the fourth quarter 2021. Revenues increased to $318 milli...

Seadrill Limited, the Bermudian-based offshore drilling company, has announced new contracts worth more than $260 million to the company. A contract has been secured by Sonadrill Holding Ltd, the company’s 50:50 joint venture with an affiliate of Ang...

Bermudian-headquartered Ardmore Shipping Corporation has agreed terms for the sale of three 2008-built MR product tankers to German-based Leonhardt & Blumberg for an aggregate price of $40 million. Following completion of the sales and the prepayment...

Frontline Ltd and Euronav NV of Belgium are set to merge and create one of the largest oil tanker companies in the world. The parties have signed a term sheet – unanimously approved at board level – on a potential stock-for-stock combination between ...

P&O Ferries could be hauled before Bermuda’s courts for flouting island labour laws, The Royal Gazette can reveal. The company, which provides passenger ferry services out of Britain to France, Holland and Ireland, hit the headlines last month when i...

A luxury yacht once owned by Russian billionaire Roman Abramovich anchored overnight in Bermuda to pick up fuel and supplies. The 282ft Ecstasea, registered in the Cayman Islands, arrived at Penno’s Wharf in St George’s at about 7am yesterday. A spok...

Financial services veteran Jenny Chu’s appointment to the board of directors of Bermudian-based Nordic American Tankers Limited, comes at the same time Dallas-based Doug Penick will be leaving to focus his attention on other business, the company sai...

Bermudian-based oil tanker company Nordic American Tankers Ltd looks set to appoint a woman as a member of its board for the first time. The organisation said American Jenny Chu will be suggested to be elected as a board member of NAT. She is expecte...

An Italian cargo ship was forced to make an emergency detour to Bermuda after a crew member suffered heart trouble. The Bermuda Maritime Operations Centre said the Chief Engineering Officer on the Grande Togo needed urgent medical assistance. A repor...

A Bermudian whose ambition is to qualify as a ship’s pilot is now halfway through a unique school year on the ocean waves. Chance Anthony, who turned 20 last Friday, said he was looking forward to working towards a career at sea after he completed hi...