Hashtag: #BermudaBusiness
Shipping Schedule: Week Starting September 12
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday September 12th. On Wednesday the Oleander container ship is expected, and on Thursday the Vanquish container ship will arrive. The weekly shipping schedule, which is subject to change, follows below [PDF here]: Related... Read more of this article
Watlington Waterworks Earnings Down
In a filing with the Bermuda Stock Exchange [BSX], Watlington Waterworks Ltd. released the Directors report to the shareholders, saying that “the company remains financially strong although earnings will be substantially down due to COVID-19 related closures and reduced operations.” The full filing stated: The opening Quarter of this year... Read more of this article
AM Best Affirms Credit Ratings Of Markel
AM Best has affirmed the Long-Term Issuer Credit Rating of “bbb+” of Markel Corporation and all of its Long-Term Issue Credit Ratings and indicative Long-Term IRs. AM Best also has affirmed the Financial Strength Ratingof A [Excellent] and the Long-Term ICRs of “a+” of all the members of the Markel North America Insurance Group, and upgraded... Read more of this article
Bermuda Stock Exchange Report: Sept 11 2020
September 11 saw 150,000 shares trade on the Bermuda Stock Exchange, valued at $597,500.00 BD. 150,000 shares were traded by One Communications Ltd, closing even at $3.90 per share. The BSX finished at 1,837.64, even on the day. There were 0 advances, 0 declines, and 57 remained unchanged. The full report for the day is available here [PDF], and the... Read more of this article
HSBC To Close On Monday Due To Storm
HSBC Bank Bermuda will be closed on Monday due to Tropical Storm Paulette. A spokesperson said, “Due to Tropical Storm Paulette that is a threat to the Island, HSBC Bank Bermuda Limited will be closed for business on Monday, 14th September, 2020. All employees are advised not to travel in to the office that day and to remain safe. “We will... Read more of this article
Butterfield Bank Offices To Close On Monday
The Bank of Butterfield advised that due to the approach and potential impact of Paulette, all Butterfield Banking Centres and offices in Bermuda will be closed on Monday. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited advises the public that, due to the approach and potential impact of Hurricane Paulette [which is forecast... Read more of this article
Clarien To Close On Monday Due To TS Paulette
All Clarien Bank Limited offices will be closed on Monday, September 14 in anticipation of inclement weather due to Tropical Storm Paulette. A spokesperson said, “All Clarien Bank Limited offices will be closed on Monday, September 14 in anticipation of inclement weather due to Tropical Storm Paulette, which is currently forecast to become a hurricane. “Updates... Read more of this article
Argus Offices To Be Closed On Monday
Argus offices will be closed on Monday, September 14th, the company has confirmed. On behalf of The Argus Group, Ryan Eve, VP Operations, Property & Casualty, said: “With Tropical Storm Paulette currently tracking as a threat to Bermuda, Argus offices will be closed on Monday, September 14th. Business will resume as soon as we are advised that... Read more of this article
WEDCO Offices Closing Due To TS Paulette
The West End Development Corporation’s offices will be closed on Monday, September 14, and Tuesday, September 15, due to Tropical Storm Paulette. A spokesperson said, “The West End Development Corporation’s offices will be closed on Monday, September 14, and Tuesday, September 15, due to Tropical Storm Paulette which is forecast to strengthen... Read more of this article
Video: Entrepreneur Series Highlights YoCherry
The MarketPlace has released their fourth episode of their “MarketPlace Entrepreneur Spotlight” video series — which highlights local entrepreneurs who sell their locally made or grown products through their stores — with the latest episode spotlighting Carlos Francis and YoCherry. The video’s description says, “The MarketPlace Entrepreneur... Read more of this article
Kraft Cares Raises $5,196.70 For Eliza DoLittle
KraftHeinz and Butterfield & Vallis completed the second quarter of their 2020 Kraft Cares Campaign at the end of July. For a limited time, with the purchase of any Kraft Cheese product at stores throughout Bermuda, a percentage of sales was accrued to be donated to The Eliza Dolittle Society. Recently, a cheque was presented to the The Eliza Dolittle... Read more of this article
Clarien, BE Solar To Offer Financing Solutions
Clarien Bank has partnered with BE Solar to offer homeowners financing solutions for the purchase and installation of residential solar panel systems. A spokesperson said, “The Clarien Bank Solar Loan empowers BE Solar clients to power up and invest in clean renewable electricity with low monthly payments and minimum upfront cost. “Harnessing... Read more of this article
