Author Archive: Bernews1

Youth Sailing Gets New Coach

The Bermuda Optimist Dinghy Association [BODA] has hired High Performance Coach, Martin Jenkins to assist with the development of the top end of Bermuda’s Optimist sailors. He is currently here in Bermuda conducting a clinic based at the RHADC and is working with our top sailors in preparation for the South American Championships in Buenos Aires... Read more of this article

Cable Co & CellOne Long Distance

[Updated with Digicel's remarks] Cable Co. has launched a new International Long Distance service for CellOne’s mobile customers. This pairs Class A carrier Cable Co.; noted for investing $26 million in the creation of the undersea cable link “Challenger” from Bermuda to the USA; and CellOne. Sheila Lines, Director of Cable Co. said, “This marks... Read more of this article

BA To Offer Paperless Boarding Pass

Passengers will be able to download their boarding pass on their cell phones, Minister of Transport Derrick Burgess said this afternoon [Feb.16]. British Airways will be the first to use the technology in Bermuda. Each paperless boarding pass is displayed as a two-dimensional bar code along with passenger and flight information. Passengers without checked... Read more of this article

Colwyn Burchall To Host Book Signing

Author and educator Colwyn Burchall, Jr. will be signing copies of his highly-acclaimed third book, Dame Lois: The People’s Advocate, this comong Saturday [Feb.18] at the Book Mart from 11a.m. to 2p.m. Dame Lois [1927-2007] was Bermuda’s first female lawyer and Attorney General and the first woman to head an Opposition Party in the British Commonwealth. Knighted... Read more of this article

Alleged Jewelry Thief Remanded In Custody

53-year old Coolridge Winslow Eve will remain in custody until 4th June 2012 when he will re-appear in Magistrates Court to face trial on charges of stealing gold jewellery and other items valued at over $13,000 from Sovereign Jewellers and from Swiss Timing. Mr Eve had pleaded not guilty to the three charges which stemmed from actions on 7th January... Read more of this article

Teens Sentenced To Time Served

Two 17-year-olds – Sanchea Douglas and Jaquii DeSilva – were freed today [Feb.16] after Senior Magistrate Archie Warner sentenced them to the 35 days that they had already spent in custody. The two had pleaded guilty to charges involving affray and possession of offensive weapons during a fight outside Magistrate’s Court on 4th January... Read more of this article

Minister On Aquatic Centre Progress

Minister of Youth, Families and Sports Glenn Blakeney provided an update on the planned Aquatic Centre this morning [Feb.16]. “I am pleased to announce that the National Sport Centre Board of Trustees have commenced preliminary planning with regard to operational programming for the Aquatic Centre,” said the Minister. “Progress on... Read more of this article

Argo Group Declares Dividend

Argo Group International Holdings, Ltd., a Bermuda-based international underwriter of specialty insurance and reinsurance products, announced today [Feb.16] its board of directors has declared a quarterly cash dividend of 12 cents per share on the company’s common stock. The dividend will be paid on Thursday, March 15, 2012, to shareholders of... Read more of this article

Motorcyclist Strikes Parked Truck

Yesterday morning [Feb.16] a 21 year old man was hospitalized after he crashed into a parked truck at the airport. A police spokesperson said, “Around 9:15am on Wednesday February 15th, police and first responders attended a reported collision on Cahow Way in St. George’s between a motorcycle and a parked truck. “It appears that the motorcycle... Read more of this article

County’s Bankruptcy Threat To Syncora

Alabama’s bankrupt Jefferson County agreed on Wednesday [Feb.15] to a temporary hike in debt payments after lawyers for Syncora Guarantee Inc said the Bermuda-based bond insurer’s survival was threatened by shrunken payments on the county’s $3.14 billion of sewer debt. The Reuter news agency reports lawyers for creditors and Jefferson... Read more of this article

Golar Orders Two LNG Carriers

Golar LNG Ltd., the Bermuda-based owner of liquefied natural gas carriers led by Norway-born billionaire John Fredriksen, will buy at least two more of the ships as demand for the fuel rises as much as 10 percent a year. Golar said it ordered two LNG tankers from Hyundai Samho Heavy Industries Co. for more than $400 million for delivery in 2014’s... Read more of this article

Analyst Upgrades Teekay Shares

An equity analyst at Wells Fargo Securities upgraded shares of Bermuda’s Teekay Tankers today [Feb.16] on a bet that the owner is primed for fleet expansion following a recent $60 million fundraiser. Michael Webber branded the New York-stock with an “outperform” rating as he believes the company is about to enhance its earnings power by buying... Read more of this article