Author Archive: Bernews1

New Bermuda Aerial Mapping Project

An aerial survey of Bermuda will shortly be underway with the aim of providing current geographical data of the island. The Department of Land Surveys and Registration, under the Ministry of Environment, Planning and Infrastructure Strategy, commissioned the survey, which will be conducted in two parts. The first requires a specialist survey aircraft... Read more of this article

BMA Reduces SPI Registration Fee

The Bermuda Monetary Authority has reduced the annual registration fee for special-purpose insurers [SPIs] to $6,000 from $11,600. The change becomes effective April 1. Special-purpose insurers assume insurance or reinsurance risks and typically fully fund their exposures through debt issuance or other financings. The vehicles frequently are used in... Read more of this article

Upcoming: PLP Public Meeting On March 26

The Progressive Labour Party will be holding a public meeting at Devonshire Seventh Day Adventist Church Hall, Robert’s Avenue, on Monday, March 26, 2012 at 7:30pm. In attendance will be: Walter Roban, Candidate for Constituency 15, Pembroke East Michael Weeks, Minister of Public Works, & Candidate for Constituency 16, Pembroke East Central Walton... Read more of this article

Man Injured In Bike/SUV Collision On South Shore

[Updated] As of 9.30pm this evening [Mar.23] South Shore Road from Cobbs Hill junction to Dunscombe Road junction is blocked off by the police following an accident involving a bike and a SUV. The two collided on South Shore Road by the Tribe Road #2 junction, and Fire Service EMTs were on the scene responded quite quickly as they were coming from... Read more of this article

Governor Designate: I Will Take A Pay Cut

Following comments made by former Premier Dr Ewart Brown yesterday [Mar.22] Governor-designate George Fergusson — who will be our new Governor in May 2012 — said he would expect to take his share of any public service pay cut. Dr. Brown spoke at the 50-50 Caribbean Conference held in the Cayman Islands yesterday, presenting a paper on “Is... Read more of this article

Dr Wingate Lecture Tonight At Warwick Academy

Warwick Academy is celebrating its 350th anniversary this year and Bermuda is marking 400 years of permanent settlement. The school is keen to combine these two milestones and what better way than considering what impact settlement has had on those who were here before us – the island’s native inhabitants, the most numerous of which were birds.... Read more of this article

Woman Charged: Death Of 18 Month Old Baby

57-year-old Jennifer Franks sat quietly in the prisoner’s enclosure in this morning’s [Mar.23] Plea Court before standing and hearing the indictable charge of unlawfully killing an infant, Nasir Burgess, on September 9th 2011 read out to her. Because the charge is indictable, it can only be tried in the Supreme Court and Ms Franks must return to... Read more of this article

Seadrill CEO Speaking At Energy Conference

Bermuda-based Seadrill today [Mar.23] announces that Alf C Thorkildsen, President and Chief Executive Officer of Seadrill Management AS, will address attendees at the Howard Weil Energy Conference in New Orleans. Mr Thorkildsen is scheduled to present on Wednesday [Mar. 28] at 09:40 am Eastern Time A copy of the presentation materials will be available... Read more of this article

Reality Show Crew Scouting In Bermuda

Unofficial reports indicate that the crew of the popular reality show “The Bachelorette” are presently in Bermuda scouting locations for a possible upcoming shoot on the island. Unofficial suggestions are that the TV show is considering having the “Rose Ceremony” take place at a Tucker’s Town location. The Bachelorette... Read more of this article

World Distributors Buys HWP Cycle Division

World Distributors Ltd. has bought HWP Group’s cycle division assets and while the acquisition will result in six redundancies at HWP Group, World Distributors will be increasing its staff to handle the additional workload. World Distributors will now be the authorised dealer for Honda and Piaggio motorcycles in Bermuda. The product line-up will expand... Read more of this article

Lancashire To Issue First Quarter Results

Bermuda-based Lancashire Holdings Limited today [Mar.23] announced it will be releasing its 2012 first quarter results at 7:00am UK time on Friday, May 4 and hosting an analyst and investor conference call at 1:00pm UK time/8:00 am Eastern Time on May 4. The conference call will be hosted by Lancashire management. The call can be accessed by dialling... Read more of this article

Adjustment In Bermuda Fuel Prices

The Finance Ministry has announced that with effect from Friday, March 16 the maximum prices of petroleum products changed as follows: Gasoline +4.2 cents/litre Diesel +2.9 cents/litre Kerosene +1.9 cents/litre As a consequence, the maximum retail prices displayed on the pumps for petroleum products are as follows; Gasoline 215.90 cents/litre Diesel... Read more of this article