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The head of a shipping company last night hit out at the Government’s partnership with a US firm to create an international online shopping service. Kenny Thomson, the president of Mailboxes, said the deal meant that the Bermuda Post Office would sup...

A successful businessman who founded his first company six years after he was kicked out of school was a man who liked “showing the world what was possible”. However, Mike Marshall, whose string of businesses helped build the island over decades, pla...

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...

The founder, chairman and CEO of Bermuda-based Nordic American Tankers Ltd has purchased 75,000 shares in the company. The oil tanker company said Herbjorn Hansson bought the shares at $2.3273 per share. The Hansson family is one of the largest share...

This Christmas, consumers could see rising prices on their favourite items and a loss of variety, because of the global shipping crisis that is causing long shipment delays and sending shipping costs soaring. Richard Boyle, owner of shoe store W J B...

Bermuda-based SFL Corporation Ltd has agreed to sell its seven handysize dry bulk vessels to an Asian-based buyer for an aggregate price of approximately $100 million. The ship-owning company, one of the world’s largest, said delivery of the vessels ...

Bermuda-based Golden Ocean Group Limited, one of the world's largest listed dry bulk ship owners, has ordered the construction of three high-specification latest generation 85,000 dwt ECO-type Kamsarmax vessels. The company said the vessels, which wi...

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...

Unprecedented global forces directly attributable to the pandemic, are raising the cost of building a Bermuda home. Even those making additions or renovations may face massive price increases on some products, delays, shortages, and in some cases, no...

Two board members of Bermuda-based Nordic American Tankers Ltd, the oil tanker company, have purchased shares in the company. NAT said US-based Doug Penick bought 50,000 NAT shares at $2.30 per share. He holds a total of 125,000 NAT shares. Mr Penick...

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...