Stevedoring Services Signs Five Year Lease

February 5, 2016

Stevedoring Services Ltd [SSL] will continue to operate the Hamilton docks for the next 5 years after today signing a new lease with the Corporation of Hamilton. The company, a subsidiary of Polaris Holding Company Ltd, has been responsible for dock operations for more than 15 years.

Mayor of Hamilton Charles Gosling says, “The atmosphere on the docks has changed very positively under the management of Warren Jones, Polaris CEO and Cheryl Hayward-Chew, Polaris Chairman.”

Stevedoring Services signs a new 5-year lease with City of Hamilton Bermuda Feb 5 2016 (2)

“In the spirit of transparency and fair business practice, this will be the last roll-over lease for Stevedoring Services. Within the term of this five year lease, City of Hamilton will conduct a full independent review and evaluation process which will then form the basis of an RFP, an open invitation to any business to bid for the contract. This RFP will be published and awarded a year before this lease expires.”

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