Author Archive: Bernews1

Videos: 2012 KPMG Round The Grounds Race

Hundreds of spectators turned out to witness the KPMG Round the Grounds Races that took place on Sunday [Mar.18] at the Botanical Gardens, with youngsters of various ages taking to the course in search of victory. The afternoon consisted of races split up into age groups ranging from four year olds up to eighteen year olds. All participants ran the... Read more of this article

Victor Scott PTA President: “We Will Fight”

Reacting to the recent news of school principal transfers, Victor Scott PTA President Azuhaa Coleman said they “will fight for their future, and will not stop until Ms. Williams gets a note stating her transfer has been canceled.” Earlier this week Education Minister Dame Jennifer Smith released details concerning the four school principals... Read more of this article

OneBeacon Appoints Phillips As SVP

Bermuda-based OneBeacon Insurance Group, Ltd. today [Mar. 19] announced the appointment of Maureen A. Phillips as Senior Vice President and General Counsel reporting to President and CEO Mike Miller. Ms Phillips succeeds Brad Rich in this role, who will continue with the company through year end, at which time he will retire. Said CEO Mike Miller,... Read more of this article

Bermuda Insurer Backs Mermaid Deposit

Australia’s Mermaid Marine, accused of failing to assist oil workers left floundering in open seas during a hurricane off the coast of Mexico, has put almost $22 million backed by a Bermuda shipping insurer in a trust account with a US court. The deposit of the sum, backed entirely by a Standard Steamship Owners’ Protection and Indemnity... Read more of this article

TransAtlantic Signs Agreement With Shell

Bermuda-based TransAtlantic Petroleum Ltd. today [Mar. 20] announced it has signed an agreement with Shell Upstream Turkey BV pursuant to which Shell will co-fund a 2012 TransAtlantic program to collect 1,000 kilometers of 2D seismic data and approximately 8,000 kilometers of airborne gravity gradiometry and magnetic data in Turkey’s Sivas Basin,... Read more of this article

India Sending Tax Officers To Offshore Centres

India — which signed a pact with Bermuda in 2010 to facilitate the exhange of information between the two countries on tax evasion — is planning a major crackdown on citizens who abuse offshore financial centres. New Delhi yesterday [Mar. 19] announced tax officers will be posted in offshore financial centres to spot suspicious transactions... Read more of this article

Moody’s Upgrade For Nabors Industries

Nabors Industries Inc., a wholly owned subsidiary of Bermuda-based Nabors Industries Ltd., received an improved rating outlook from Moody’s Investor Services yesterday [Mar. 19], moving from a negative rating to a stable Baa2 senior unsecured rating. Some of the land drilling contractor’s credit strengths include its significant international... Read more of this article

Bermuda To Honour Mary Prince’s Legacy

The legacy of Bermudian slave Mary Prince — whose historic 1831 book [pictured] has lost none of its power to either shock or to inspire understanding and reconciliation among peoples — will be celebrated on the island next week. In 2007, the United Nations designated March 25 as the International Day of Remembrance of the Victims of... Read more of this article

Former US Consul General Dies At 84

L. Ebersole Gaines Jr., US Consul General in Bermuda at a time when historic geopolitical changes ended the island’s strategic role as a Cold War military outpost, died in San Francisco last Thursday [Mar. 14]. He was 84. Mr. Gaines [pictured] was appointed US Consul General to Bermuda in 1989 by President George H.W. Bush. He served here until... Read more of this article

Dr. Wingate Lecture: ‘Oceania To Suburbia’

Internationally renowned Bermudian ornithologist and and naturalist officer Dr. David Wingate will be giving a special lecture at Warwick Academy on Friday [Mar. 23] by to mark 400 years of the island’s permanent settlement and the school’s anniversary The Bermuda Audubon Society and Warwick Academy are jointly presenting the talk “From... Read more of this article

Cricket: Afghanistan Defeat Bermuda In UAE

[Updated with photos] The Bermuda National Cricket team continued competing in the ICC World Twenty20 Qualifiers taking place in the United Arab Emirates, losing to Afghanistan today [Mar.20]. Afghanistan won the toss and elected to bat, and scored 177/5 in their allotted 20 overs, Mohammad Shahzad was their top scorer with 64 not out. Bermuda’s... Read more of this article

Inaugural Bermuda Beach Art Festival

Bermudians are being encouraged to use the island’s pink sand as their canvasses at the annual Beach Art Festival on Saturday [Mar. 24]. Artists of all skill levels are invited to participate in adorning as many of Bermuda’s beautiful beaches as possible with beach art, creations that only last until the next high tide washes them away. World... Read more of this article