Archive for March 23rd, 2010
Bermuda Flagged Ship Hijacked by Somali Pirates
A Bermuda flagged ship is the latest victim of hijacking by the now infamous Somali pirates. The Bermudian registered MV Talca was hijacked this afternoon [Mar 23] with 25 crew members on board: 23 Sri Lankans, one Filipino and one Syrian. The Talca is a refrigerated cargo vessel, and contains citrus. The hijacking took place approximately 120 nautical... Read more of this article
Whale Entangled in Rope in Bermuda Waters
Only days after a 20 foot dead baby whale was found in Bermuda waters, a rope entangled whale was spotted by Mr. Andrew Stevenson of the Whale Research Project. Severely caught in polypropylene rope including having rope in the whale’s mouth, its pectoral fins were pinned to the side of the animal and they were pink from abrasions. Since whales... Read more of this article
Thurs: Celebration of the life of Martin Molinski
A celebration of the life of Martin Molinski will be held on Thurs March 25 at Admiralty House Park, Spanish Point. The 26 year old British guest worker had been missing since Wed March 17, and in a tragic case his body was discovered by two tourists in St. George’s on Sun, March 21. A police investigation is under way, but his death is not considered... Read more of this article
New Coaches Set to Meet Cricket Squad in Africa
The Bermuda National Cricket team will have two new coaches join them for their upcoming tour of Namibia; David Moore and Julien Fountain. They will both be joining the Bermuda National Team during their South African training sessions, marking the first time they will start officially working with the team. David Moore, the new national coach, takes... Read more of this article
Arch Capital: Chile Losses of $35 to $55 Million
Bermuda based Arch Capital Group Ltd announced that it expects pre-tax earnings for the 2010 first quarter to be negatively impacted by the effects of the Chilean earthquake in the range of $35 million to $50 million, net of reinsurance, retrocessions and reinstatement premiums. This preliminary net loss estimate for the Chilean earthquake is based... Read more of this article
Endurance Prices $85 Million of 7% Senior Notes
Bermuda based Endurance Specialty Holdings Ltd. today [Mar 23] announced that it has priced $85 million of 30-year fixed rate 7.00% Senior Notes, pursuant to its currently effective shelf registration statement. The Senior Notes have a maturity of July 15, 2034. Today’s issue is a re-opening of the 7.00% Senior Notes due 2034 issued on July 15,... Read more of this article
Photo Gallery Part #2: Southlands
Below are a few more photos of Southlands Open Day on March 21st. You can click here to view Part #1 of Southlands photos [27 pics], and click here to view three videos from Southlands; BEST Chairman Stuart Hayward’s speech, Musician Louise Southwood and and a cute video of children swinging on the vines of a Banyan Tree. Click to enlarge images: #gallery-1... Read more of this article
