Hashtag: #Polaris

Polaris Announce 12-Month Profit of $1.22M

Polaris Announce 12-Month Profit of $1.22M

Polaris Holding Company Ltd., parent to Stevedoring Services Limited reported its financial results for the year ended March 31, 2017. “The Company announced another strong year, with a 12-month profit of $1.22 million or $1.03 per share,” the company said. “At the end of June 2017, Polaris’ dividends were again uplifted reflecting... Read more of this article

Saturday Dock Access For Container Collection

Saturday Dock Access For Container Collection

After a successful two-week trial period, Stevedoring Services will continue to provide access for container only collection service on Saturday mornings between the hours of 8:00am – 1:00pm until the commencement of Americas Cup, Polaris Holding Company CEO Warren Jones said. “This extended service has been initiated because of the major... Read more of this article

Stevedoring Urges Importers To Collect Cargo

Stevedoring Urges Importers To Collect Cargo

Stevedoring Services Limited [SSL] said there has been “major uptick in cargo” which is expected to continue, with the company appealing to importers, forwarders and truckers to collect goods as soon as possible following arrival. The company said there has been a “major uptick in cargo shipped into Bermuda’s ports” and they... Read more of this article

SSL Launches Port Worker Training Campaign

SSL Launches Port Worker Training Campaign

Polaris Holding Company Limited [Polaris], parent company of Stevedoring Services Limited [SSL], launched its 2017 Port Worker Training and Certification Campaign. The ongoing programme is geared to certify dock staff in stevedoring and the most current hazardous material handling protocols and health and safety best practices. The training represents... Read more of this article

Polaris To Present ‘The Polaris Effect TV Show’

Polaris To Present ‘The Polaris Effect TV Show’

Polaris Holding Company Limited will present the ‘Polaris Effect’ TV show at 8.00pm on ZBM TV 9 this evening [Dec 14], with veteran journalist Charles Webbe to host a panel discussion featuring Warren Jones, CEO of Polaris; Cheryl Hayward-Chew, Chairman of the Board of Polaris, along with BIU President Chris Furbert, a former stevedore... Read more of this article

Polaris Holdings Six Month Financial Results

Polaris Holdings Six Month Financial Results

Polaris Holding – the parent company of Stevedoring Services Limited — reported its financial results for the six months ended September 30, 2016. “Polaris reported profits of $647K or $0.55 per share [September 30, 2015 - $737K or $0.59 per share],” the company said. “Dividends were stepped up 20% at the start of the... Read more of this article

Stevedoring Moved 34,901 Containers In Year

Stevedoring Moved 34,901 Containers In Year

Nearly 35,000 containers were moved by Stevedoring Services on the Hamilton docks during the fiscal 2016 year, with containers weighing up to 60 tonnes each. This was contained in the financial results recently released by Polaris Holding, the parent company of Stevedoring Services, which reported a 12-month profit of $1.38 million or $1.13 per share. Their... Read more of this article

Polaris Supports Annual Labour Day 5K Fun Run

Polaris Supports Annual Labour Day 5K Fun Run

Polaris Holding Company CEO Warren Jones recently announced the company’s support of the annual Labour Day 5K Fun Run as part of the Bermuda TUC 70th Anniversary celebrations. Mr. Jones presented organizer Andre Rochester of Swan’s Running Club with a cheque for $1,500 and joined in encouraging the community to sign up for the race on Monday, September... Read more of this article

Polaris Announce 12-Month Profit of $1.38 Million

Polaris Announce 12-Month Profit of $1.38 Million

Polaris Holding Company Limited, the parent company of Stevedoring Services Limited, reported its financial results for the year ended March 31, 2016, announcing a 12-month profit of $1.38 million or $1.13 per share. “Two years ago, several months after newly tapped CEO Warren Jones took over the financially hobbled Company, and in the wake of... Read more of this article

Polaris Holding’s March Share Repurchases

Polaris Holding’s March Share Repurchases

In a filing with the Bermuda Stock Exchange, Polaris Holding Company Limited announced that during the month of March 2016, the Company purchased 13,050 of its own common shares [the “Shares”] at a cost of $4.00 per share. The Shares will be cancelled with immediate effect. In addition to Stevedoring Services Limited, Polaris Holding Company Limited... Read more of this article

Polaris Holding’s February Share Repurchases

Polaris Holding’s February Share Repurchases

In a filing with the Bermuda Stock Exchange, Polaris Holding Company Limited announced that during the month of February 2016, the Company purchased 1,050 of its own common shares at a cost of $4.00 per share. The Shares will be cancelled with immediate effect. In addition to Stevedoring Services Limited, Polaris Holding Company Limited operates Mill... Read more of this article

Polaris Holding January Share Repurchases

Polaris Holding January Share Repurchases

In a filing with the Bermuda Stock Exchange, Polaris Holding Company Limited announced that during the month of January 2016, the Company purchased 422 of its own common shares at a cost of $4.00 per share. The Shares will be cancelled with immediate effect. In addition to Stevedoring Services Limited, Polaris Holding Company Limited operates Mill Reach... Read more of this article