Archive for May 12th, 2012

Study May Lead To “Wave Farm” In Bermuda

Study May Lead To “Wave Farm” In Bermuda

Wave energy developer Carnegie Wave Energy Limited has completed a year-long Bermuda wave study that demonstrates the viability of the Island’s wave regime for a commercial CETO wave energy project. Carnegie report that over the past 12 months, in collaboration with Bermudian company Triton Renewable Energy Ltd, they undertook the first detailed study... Read more of this article

Bulk Carrier Diverts For Sick Crew Member

Bulk Carrier Diverts For Sick Crew Member

Bermuda Harbour Radio received a report on Sunday [May 6] that the Greek registered bulk carrier Diamantina was diverting to Bermuda because of a sick crew member. The Diamantina was enroute from Newport News in the U.S.A. to Visakhapatnam, India. The crew member was a 34year old Filippino 2nd Officer who was suffering from a foot infection. Pilot... Read more of this article

Final Days Of Regiment Exercise

Final Days Of Regiment Exercise

The Bermuda Regiment troops have endured rain, heat, mud, mosquitoes, blisters, fatigue, and all the other pleasantries that have been part of Exercise Rum Runner 2012. The overseas camp has come to an end with the group expected back to Bermuda this afternoon [May 12]. A Regiment spokesperson said, “The aim of the final phase of Exercise Rum... Read more of this article

AFL Offers Free Financial Training To Employees

AFL Offers Free Financial Training To Employees

AFL Investments said it is offering companies free financial planning ‘Lunch & Learns’ to be delivered to their employees to help them reach financial independence. The courses are facilitated by wealth managers from AFL Investments. AFL Investments has developed a number of one-hour education courses that offer general guidance regarding financial... Read more of this article

Catlin Report 12% Rise In Gross Premiums

Catlin Report 12% Rise In Gross Premiums

Bermuda-based Catlin Group Limited, the international specialty property/casualty insurer and reinsurer issued its interim management statement for the period ended 31 March 2012. Commenting on the Group’s performance, Stephen Catlin, Chief Executive of Catlin Group Limited, said, “Catlin performed well during the first quarter of 2012, thanks to... Read more of this article