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A key weapon in the war against drugs, firearms and other contraband has been under repair for two years, The Royal Gazette can reveal. But a government spokeswoman insisted that the $2.6 million hi-tech Customs X-ray scanner at Hamilton Docks had re...

Bermudian-headquartered Frontline Ltd, a shipping company engaged primarily in the ownership and operation of oil tankers and product tankers, has reported a net loss of $11.1 million for fiscal year 2021 ($413 million profit in 2020). The company re...

Golden Ocean Group Limited, a leading international dry bulk shipping company based in Bermuda, has declared its most successful fourth quarter and full year results in its quarter-of-a-century history. GOGL reported net income of $203.8 million and ...

SFL Corporation Ltd, one of the world’s largest ship-owning companies, has reported a net profit of $80.1 million in the fourth quarter of 2021. The Bermudian-based company, announcing its preliminary financial results, said it had operating revenue ...

Flex LNG Ltd, the liquefied natural gas shipping company, has reported record net income of $69.4 million in the fourth quarter of 2021. That compares with net income of $32.8 million in last year’s third quarter and contributed to 2021 full-year net...

Triton International Limited, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders of $484.5 million for the 2021 fiscal year. The Bermudian-based company said that the figure includ...

Ardmore Shipping Corporation, the Bermudian-headquartered company that owns and operates product and chemical tankers, has reported a net loss of $38.1 million for fiscal year 2021. That compares with a net loss of $6 million in 2020. The company rep...

Bermudian-based Textainer Group Holdings Limited, one of the world's largest lessors of intermodal containers, has reported net income of $273.5 million for fiscal year 2021. That compares with net income of $72.8 million in 2020. The company reporte...

The oil tanker company Nordic American Tankers Limited has concluded two six-year time charters for its two Suezmax newbuildings set for delivery in May and June. The Bermudian-based company said the contracts are with Asyad Shipping Company in Oman ...

DHT Holdings Inc, the Bermudian-based crude oil tanker company, has reported a net loss in fiscal year 2021 of $11.5 million. That compares with net income of $266.3 million in 2020. The difference between the two periods mainly reflects lower tanker...

High-tech surveillance equipment in space and on the seabed is to be deployed in a two-pronged approach to battle criminal activity in the island’s waters, it was announced yesterday. Satellites and a chain of sub-sea listening devices will be used t...

Bermudian-based Nordic American Tankers Limited, the oil tanker company, has sold its second Suezmax tanker in five months. The company, which is adjusting its fleet, has sold the 2002-built Nordic Mistral following the sale of 2000-built Nordic Siri...