Archive for February 17th, 2012
Video: Series Focuses On Farmers
An episode on farming is to be included in the upcoming “Bermuda Folklife” documentary series being produced by the Department of Community and Cultural Affairs and Somers Isle Productions, Founded in 2010 by Bermudian filmmaker Kalilah Robinson, Somers Isle Productions teamed with Community & Cultural Affairs last year for the ongoing film... Read more of this article
Ship Finance: Weak 2011 Market
Ship Finance International Limited, formed in Bermuda in 2003 as a wholly owned subsidiary Hamilton-headquartered oil tanker operator Frontline, today [Feb.17] announced its preliminary financial results for the quarter ended December 31, 2011. Highlights The board of directors declared a quarterly dividend of $0.30 per share. In October 2011, the... Read more of this article
‘Golden Voice’ Man One Year Later
A year after a homeless man from Ohio awed the world with his “golden voice” — and said memories Bermuda provided him with solace during his most distressed moments — Ted Williams has finally found equilibrium in his life . At the beginning of 2011, Mr. Williams was living in a box and panhandling on a street corner in Columbus,... Read more of this article
2012 Spring Break To Kick Off
The Bermuda Department of Tourism [BDOT] is gearing up for the first Spring Break event which begins this weekend and continues through February 25. The BDOT announced the reinstatement of Spring Break last year and has promoted it through various social media outlets. Bermudian students studying in Canada and the US were asked to participate by promoting... Read more of this article
Best Places Reinsurers Under Review
Ratings agency A.M. Best Co. has placed under review with developing implications the financial strength rating of “A-” [Excellent] and issuer credit ratings of “a-” of Bermuda’s IPCRe Limited and Validus Re Europe Limited, the Dublin-headquartered subsidiary of the Hamilton-based Validus Group. The under review status “reflects... Read more of this article
Frontline: ‘Ready To Meet Challenges’
Bermuda-headquartered Frontline Ltd. today [Feb.17] reported a significantly wider fourth-quarter net loss attributable to the company of $343.67 million or $4.41 per basic share versus year-ago quarter’s $11.84 million or $0.15 per basic share loss. Excluding losses and gains on sale of assets, amortization of deferred gains and vessel impairment... Read more of this article
Independent Tankers Reports Loss
Highlights Bermuda-based Independent Tankers reports a net loss of $2.3 million, equivalent to a loss per share of $0.03, for the fourth quarter of 2011. Independent Tankers reports net income of $3.5 million, equivalent to earnings per share of $0.05, for the year ended December 31, 2011. In February 2012, BP Shipping Limited extended the charter... Read more of this article
Videos: DCI Launches Website
The Department of Communication and Information [DCI] announced yesterday [Feb.16], that it has formally launched a new website. The website can be found at www.dci.gov.bm. The aim of the site according to the Acting Director of DCI, Mr. Dwayne Caines, is to bring about public awareness of Government’s services and initiatives and to encourage people... Read more of this article
Global Specialised Directorate Changes
In a filing to the Bermuda Stock Exchange [BSX], the Directors of Global Specialised Opportunities 1 Limited announcde the resignation of Mr. Oliver Betz-Fletcher from the Board of Directors and the simultaneous appointment of Mr David Fitch, with effect from 20 January 2012. Related Stories BSX Announces Appointment Of Ailish Byrne Jacintha Hughes... Read more of this article
Photos/Video: Air Force In Bermuda
At approximately 1:00pm yesterday [Feb.16], the east end was awakened with the loud sounds of arriving military aircraft from the Royal Air Force. Four fighter jet type aircraft parked on the north ramp and a large Royal Air Force aircraft parked at the main terminal. Military personnel were seen removing bags and luggage from the Royal Air Force plane. The... Read more of this article
Allison Outerbridge Wins In Ohio
Bermuda’s Allison Outerbridge won the Women’s Triple Jump at the Akron Invitational in Ohio. Her University of Tennessee team combined to win 10 Gold Division events and three Blue Division races in a variety of event areas. Ms Outerbridge won the Women’s Triple Jump Gold Division with a top leap of 11.75m. She had a foul on her first attempt,... Read more of this article
