Archive for December, 2010
Tucker’s Point: One of the Hideaways of Year
Tucker’s Point Hotel has been named as one of the 2011 Andrew Harper Grand Award Winners in the Hideaway of the Year category. Andrew Harper is the pseudonym of a writer who, frustrated by “commercially driven travel coverage”, began writing his own candid reviews of unique hotels. According to Forbes: “The popular newsletter’s... Read more of this article
2010 Edition Bermuda Facts & Figures
The Department of Statistics today [Dec 29] released the 2010 edition of the Bermuda Facts and Figures pamphlet that contains an array of statistical data and information pertaining to Bermuda’s economy. The pamphlet also highlights social, economic and geographic comparative data for the past 3 years from 2007 to 2009 and provides historical notes... Read more of this article
Real “Bermuda Triangle”
Plastic and other garbage from the North American mainland being drawn into a recently identified vortex near the island isn’t accumulating in the amounts scientists had feared — leading researchers to label the North Atlantic gyre a real Bermuda Triangle where trash seemingly disappears. The existence of an Atlantic “Garbage Patch”... Read more of this article
Sailors Named as Carlos Rogers & Kwesi Hollis
Officials have named the men aboard the missing yacht as 41 year old Carlos Rogers and 36 year old Kwesi Hollis. Both men are Bermudians. The U.K. registered sailing vessel ‘Carefree IV’ was last sighted approximately 210 nautical miles South Southwest of Bermuda on the 18th December, when they alerted a passing merchant vessel to their plight for... Read more of this article
ACE Acquisition of Rain and Hail Insurance
The Board of ACE Limited announced today that it has completed its acquisition of Rain and Hail Insurance Service, Inc. for approximately $1.1 billion in cash. The purchase price reflects a dollar- for-dollar adjustment as required under the merger agreement to account for an increase to Rain and Hail’s book value that occurred between December 31,... Read more of this article
White’s Island Converted to Juvenile Prison?
The Voters’ Rights Association has released a statement asking if White’s Island will be converted to a juvenile prison. The statement from the VRA, which is co-chaired by Geoff Parker and Stuart Hayward, follows in full below: The VRA understands that individuals and organisations that have boat moorings close to White’s Island in Hamilton... Read more of this article
Two Accidents, Two DUI Arrests
A 31-year-old female was arrested on suspicion of impaired driving after crashing her car into a wall early yesterday [Dec 28] morning, and a 31-year-old man was arrested after his car struck a tree yesterday evening. A Police spokesman said that “Around 3:50am on Tuesday Police attended a report of a single vehicle road traffic collision resulting... Read more of this article
New CFO For Ship Finance International
Eirik Eide has been appointed as chief financial officer for Bermuda-based Ship Finance Management AS`, the Par-La-Ville Road company announced today [Dec. 29]. He is 40 years old and currently serves as head of corporate finance and head of shipping investments in Orkla Finans Kapitalforvaltning AS. Mr. Eide will take up his new position in January... Read more of this article
Bermuda Insurance Denied To Iran Ships
Increasingly tough international sanctions are taking their toll on Iran’s nuclear designs and its ballistic missile programme – including the fact Bermuda-based re/insurers are now refusing to provide coverage for the regime’s ships. The “Wall Street Journal” reports today [Dec. 29] new measures announced by the US Treasury will... Read more of this article
Holiday Sports Videos: Football & Motocross
This past long weekend saw the St. George’s Colts beat St David’s 6-1, Dandy Town Hornets beat North Village Rams 3-2, Somerset Trojans beat PHC Zebras 4-3, Bermuda’s U20 World Cup qualifying team lose against Long Island Rough Riders, the 2010/11 Bermuda Motocross Season got underway and much more. Watch video footage from four events this past... Read more of this article
Dominicans to Search for Missing Boat
Officials have confirmed with Bernews that as of this morning [Dec 29] a vessel from the Dominican Republic Navy division will set out to search for “Carefree IV”, which has two Bermudian crew members aboard. The 31-foot yacht left the Dominican Republic on December 1 and had been due to arrive in Bermuda before Christmas. Local officials have previously... Read more of this article
