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Bermuda-based SFL Corporation Ltd has reported net profit of $19.5 million in the second quarter of 2021. The ship-owning company, one of the world’s largest, said other preliminary financial results include operating revenue of approximately $116.8 ...

Bermuda-based SFL Corporation Ltd, one of the world’s largest ship-owning companies, has entered into long term charters with a leading Asia-based transportation company for two ultra-modern dual-fuel car carriers, designed to use liquefied natural g...

Bermuda-based Flex LNG Ltd has reported net income of $12.7 million and earnings per share of $0.24 for the second quarter of the year, compared to net income of $47.2 million and earnings per share of $0.88 for the first quarter. The liquefied natur...

Bermuda-based Golar LNG Limited, an owner of tankers hauling liquefied natural gas, returned seven directors at its annual general meeting on Tuesday. Re-elected as directors were Tor Olav Trøim, Daniel Rabun, Thorleif Egeli, Carl Steen, Niels G. Sto...

Increasing pressures on the global supply chain are expected to bring added burdens for retailers, drive up prices, reduce availability and impact Bermuda buyers through Christmas, experts are warning. Supply chain issues have been in train for 18 mo...

Improved market conditions and an expanded fleet have prompted Bermuda-based dry bulk shipping company Golden Ocean Group Ltd to terminate a joint venture entered into five years ago. The relationship with Capesize Chartering Ltd coordinated the Cap...

Textainer Group Holdings Limited has reported net income of $73.8 million for the second quarter, or $1.45 per diluted common share, as compared to $62.1 million, or $1.22 per diluted common share in the first quarter of 2021. The Bermuda-headquarter...

Bermuda-based SFL Corporation Ltd has agreed to acquire two 14,000 TEU (Twenty-foot equivalent) container vessels in combination with charters to a leading container line. SFL said: “The vessels are modern eco-design built in 2013 and 2014 with appro...

Bermuda-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $8.1 million for the three months ended June 30, or 24 cents loss per basic and diluted share. The company said the results i...

Bermuda-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has reported net income attributable to common shareholders of $54.7 million or 81 cents per diluted share for the second quarter of the year. The co...

A memorial service to those lost at sea was held in St. George’s yesterday. The annual memorial service for the Guild of the Holy Compassion took place at the seamen’s plot in St. George’s Cemetery. Henry Hayward, president of the guild, led the ope...

Frontline Ltd, a Bermudian-based oil tanker shipping company, has entered into an agreement to acquire two scrubber-fitted, latest generation ECO-type very large crude carriers. The VLCCs, built in 2019 at Hyundai Heavy Industries shipyard in South K...