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Bermuda Stock Exchange Report: April 30 2020

By bernews.com
Published On :: Fri, 01 May 2020 09:15:02 +0000

April 30 saw 10,400 shares trade on the Bermuda Stock Exchange, valued at $227,000.00 BD. 10,000 shares were traded by Bank of N.T. Butterfield Ltd, closing up 13.2% at $21.50 per share, while another 400 shares were traded by Ascendant Group Limited, closing down 0.8% at $30.00 per share. The BSX finished at 1,652.75, up […]

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Bermuda Stock Exchange Report: May 1 2020

By bernews.com
Published On :: Sat, 02 May 2020 09:15:17 +0000

May 1 saw 76,500 shares trade on the Bermuda Stock Exchange, valued at $298,350.00 BD. 76,500 shares were traded by One Communications Ltd, closing down 2.5% at $3.90 per share. The BSX finished at 1,651.38, down 0.08% on the day. There were 0 advances, 1 decline, and 59 remained unchanged. The full report for the […]

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Bermuda Stock Exchange Report: May 4 2020

By bernews.com
Published On :: Tue, 05 May 2020 09:15:57 +0000

May 4 saw 2,500 shares trade on the Bermuda Stock Exchange, valued at $75,625.00 BD. 2,500 shares were traded by Ascendant Group Limited, closing up 0.8% at $30.25 per share. The BSX finished at 1,653.79, up 0.15% on the day. There was 1 advance, 0 declines, and 59 remained unchanged. The full report for the […]

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Bermuda Stock Exchange Report: May 5 2020

By bernews.com
Published On :: Wed, 06 May 2020 09:15:14 +0000

May 5 saw 733 shares trade on the Bermuda Stock Exchange, valued at $12,466.30 BD. 333 shares were traded by Bermuda Aviation Services Ltd, closing up 8.9% at $1.10 per share, while another 400 shares were traded by Ascendant Group Limited, closing even at $30.25 per share. The BSX finished at 1,654.21, up 0.03% on […]

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Arch Capital Reports 2020 First Quarter Results

By bernews.com
Published On :: Wed, 06 May 2020 09:46:59 +0000

Bermuda-based Arch Capital Group Ltd. announced its 2020 first quarter results. The results included: Net income available to Arch common shareholders of $133.7 million, or $0.32 per share, a 5.0% annualized return on average common equity, compared to $438.1 million, or $1.07 per share, for the 2019 first quarter; After-tax operating income available to Arch […]

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AXIS Capital Reports First Quarter Results

By bernews.com
Published On :: Wed, 06 May 2020 09:52:45 +0000

AXIS Capital Holdings Limited announced financial results for the first quarter ended March 31, 2020. Commenting on the first quarter 2020 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “As our industry and society continue to navigate the challenges brought on by COVID-19, our primary thoughts are with the people, families and […]

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Importers Reminded To Collect Cargo From Docks

By bernews.com
Published On :: Wed, 06 May 2020 14:11:09 +0000

Stevedoring Services Limited [SSL] is reminding importers that cargo should be collected from the Hamilton Docks as soon as possible. A spokesperson said, “Stevedoring Services Limited would like to remind all importers [independent and agent representatives] that cargo should be collected from the Hamilton Docks as soon as possible. “Demurrage [storage fees] is in effect. […]

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Bermuda Stock Exchange Report: May 6 2020

By bernews.com
Published On :: Thu, 07 May 2020 09:15:54 +0000

May 6 saw 6,000 shares trade on the Bermuda Stock Exchange, valued at $172,050.00 BD. 1,000 shares were traded by Bank of N.T. Butterfield Ltd, closing down 7.0% at $20.00 per share, while another 4,700 shares were traded by Ascendant Group Limited, closing up 12.2% at $33.95 per share. 300 shares were traded by One […]

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RenaissanceRe Reports First Quarter Results

By bernews.com
Published On :: Thu, 07 May 2020 10:18:17 +0000

RenaissanceRe Holdings reported net loss attributable to RenaissanceRe common shareholders of $82.0 million, or $1.89 per diluted common share, in the first quarter of 2020, compared to net income available to RenaissanceRe common shareholders of $273.7 million, or $6.43 per diluted common share, in the first quarter of 2019. Operating income available to RenaissanceRe common shareholders […]

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Bermuda Stock Exchange Report: May 7 2020

By bernews.com
Published On :: Fri, 08 May 2020 09:15:12 +0000

May 7 saw 1,700 shares trade on the Bermuda Stock Exchange, valued at $7,790.00 BD. 200 shares were traded by Polaris Holding Co. Ltd, closing at an even $8.95 per share, while the other 1,500 shares were traded by One Communications Ltd, closing even at $4.00 per share. The BSX finished at 1,623.80, even on […]

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Bermuda Stock Exchange Report: May 8 2020

By bernews.com
Published On :: Sat, 09 May 2020 09:15:14 +0000

May 8 saw 126 shares trade on the Bermuda Stock Exchange, valued at $3,886.50 BD. 126 shares were traded by Ascendant Group Limited, closing down 8.7% at $31.00 per share. The BSX finished at 1,595.35, down 1.75% on the day. There were 0 advances, 1 decline, and 59 remained unchanged. The full report for the […]

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Essent Reports Q1 Results & Declares Dividend

By bernews.com
Published On :: Sat, 09 May 2020 10:00:48 +0000

Essent Group Ltd. reported net income for the quarter ended March 31, 2020 of $149.5 million or $1.52 per diluted share, compared to $127.7 million or $1.30 per diluted share for the quarter ended March 31, 2019. Essent also announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common […]

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PartnerRe Reports First Quarter 2020 Results

By bernews.com
Published On :: Sat, 09 May 2020 10:47:22 +0000

Bermuda-based PartnerRe Ltd. reported a net loss attributable to common shareholder of $433 million for the first quarter of 2020. The company said, “PartnerRe Ltd. reported a net loss attributable to common shareholder of $433 million for the first quarter of 2020, which included net realized and unrealized investment losses of $27 million on fixed […]

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Photos: Osprey Lands At Bermuda Airport

By bernews.com
Published On :: Fri, 24 Oct 2014 14:54:13 +0000

A visiting Osprey aircraft  – which appears to be from the United States — landed at the LF Wade International Airport at approximately 10.45am this morning [Oct 24]. What exactly it is doing here is unclear, however it is not unusual for military aircraft to stop off in Bermuda. In describing the plane, the US […]

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Photos & Video: Airport Emergency Exercise

By bernews.com
Published On :: Mon, 07 Dec 2015 22:53:11 +0000

[Updated with video] An emergency exercise took place at the L. F. Wade International Airport today [Dec 7] to test Bermuda’s readiness in the event of a plane crash or other emergency. The exercise, which must be undertaken every two years to ensure Bermuda is compliant with international regulatory requirements, involved various agencies as well as […]

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Photos & Video: Air Force Transports Injured Man

By bernews.com
Published On :: Fri, 24 Jun 2016 15:39:00 +0000

A boat transporting the survivors from a fishing vessel that caught fire arrived in Bermuda this morning [June 24], where an injured crew member was disembarked and taken to Bermuda’s airport by ambulance, and then flown by the U.S. Air Force to the U.S. for further treatment. The fishing vessel ‘Pioneer’ caught fire approximately 900 […]

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Photos: Two Osprey Aircraft At Bermuda Airport

By bernews.com
Published On :: Mon, 12 Dec 2016 23:47:56 +0000

Two Osprey aircraft  landed at the LF Wade International Airport today [Dec 12] with the reason for their visit unclear, however it is not unusual for military aircraft to stop off in Bermuda while en-route to other destinations. In describing the plane, the US Air Force website says, “The CV-22 Osprey is a tiltrotor aircraft that combines […]

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Photos: Cargo Ship Delivers Airport Materials

By bernews.com
Published On :: Wed, 17 May 2017 13:43:02 +0000

One of the marine vessels in St. George’s Harbour is the cargo ship Nomadic Bergen which is anchored in the harbour delivering cargo destined for the airport redevelopment site. Unloading of materials continues, utilizing cranes and a floating barge which transports the cargo to Marginal Wharf where a fleet of flatbed trucks deliver the items […]

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Photos: Airport Redevelopment Construction

By bernews.com
Published On :: Wed, 17 May 2017 23:00:39 +0000

Construction on Bermuda’s new airport terminal continues with workers preparing the site for development and receiving delivery of materials for building. The project has seen the arrival of three boat loads of materials with the latest cargo ship recently arriving in St. George’s Harbour with materials for the project being transferred to Marginal Wharf before […]

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Photos: RAF Military Jets & Tanker At Airport

By bernews.com
Published On :: Fri, 23 Feb 2018 03:20:45 +0000

Aircraft from the Royal Air Force [RAF] could be seen at the L.F. Wade International Airport today [Feb 22]. Recent visits have seen Typhoon fighter jets accompanied by A330 Voyager tankers as they travel from Lajes Air Base in Terceira, Azores on their way to the annual Red Flag Exercise in Las Vegas, Nevada where […]

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Photos/Video: Military Aircraft Landing At Airport

By bernews.com
Published On :: Wed, 28 Feb 2018 20:02:02 +0000

A total of eight US Marine Corps V22 Osprey military aircraft landed at the LF Wade International Airport this afternoon [Feb 28]. It is not unusual for military aircraft to stop off in Bermuda while en-route to other destinations. The 6-minute live video replay is below: In describing the plane, the US Air Force website says, “The CV-22 Osprey is […]

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Photos: Small Cessna Aircraft Crashes At Airport

By bernews.com
Published On :: Tue, 01 May 2018 01:09:53 +0000

Emergency personnel rushed to the airport after a small aircraft crashed while landing this evening [April 30], resulting in the pilot sustaining what officials said were “non life threatening injuries” and the airfield being temporarily closed down before re-opening at around 9.00pm. Bermuda Fire and Rescue Service spokesperson Lieutenant Russann Francis said, “At 5:33pm today, […]

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Winners Of Airport Art Contest Announced

By bernews.com
Published On :: Thu, 28 Nov 2019 20:04:24 +0000

Bermuda Skyport and Aecon Airport Constructors have chosen the artists to display works in the new passenger terminal building when it opens next year. The winners are: Christina Hutchings, Daniel DeSilva, Edwin Smith, Jahday Ford, Jonathan Northcott, JP Rouja, Michele Smith, Milton Hill, Otto Trott, Vaughan & Amy Evans, William Gringley and Zoe Dyson Hedstrom. “The […]

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Minister: Transport Control Department Update

By bernews.com
Published On :: Fri, 28 Feb 2020 22:07:00 +0000

“As of April 01, 2020, legislation will reflect that the only legal licence plates for motor cars will be a white background with black characters,” Minister of Tourism & Transport Zane Desilva said. Speaking in the House of Assembly today [Feb 28] the Minister said, “I rise today to make a short statement to clear […]

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Cannonier Supports #ChooseBDA Campaign

By bernews.com
Published On :: Wed, 06 May 2020 15:02:59 +0000

“It is important to support, as much as we can, our local businesses,” OBA Leader Craig Cannonier said, adding that “I am happy to give my backing to the new #ChooseBDA campaign.” Mr. Cannonier said, “While the health of Bermudians is paramount, it is obvious to everyone by now that this is going to be […]

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Support Your Cup Match Team On Facebook

By bernews.com
Published On :: Sun, 14 Jul 2019 22:00:28 +0000

With Cup Match mere weeks away, people across the island are getting set to side with Somerset or St. George’s and show off their colours during the event. No matter which team you claim as your own, BermudaCovers.com has the graphics you need to turn your Facebook profile into a bastion of red or blue […]

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Portuguese Holiday Phone & Social Graphics

By bernews.com
Published On :: Fri, 01 Nov 2019 10:00:03 +0000

With the island set to have an official holiday to commemorate the 170th anniversary of the arrival of the first Portuguese immigrants in Bermuda, a new set of social media and phone graphics are available, highlighting designs showcasing Portuguese Bermudian pride. Part of the Bernews network, BermudaCovers.com offers an array of island-themed phone wallpapers and Facebook […]

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Ministry Supports Cultural Music Programme

By bernews.com
Published On :: Wed, 23 Oct 2019 18:26:13 +0000

The Department of Community Affairs and the Bermuda Arts Council donated a combined $6,500 to the Eddie Ming Drum School and Rhythm Lab. The funds will aid in the hosting of an upcoming student workshop, which features Cuban guest percussionist Angel Luis. Minister Foggo, Eddie Ming and Angel Luis at the Ministry of Labour, Community […]

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Video: MSA Elementary Virtual Sports Day

By bernews.com
Published On :: Wed, 06 May 2020 10:42:54 +0000

Mount Saint Agnes Academy held their first ‘Virtual Sports Day’, which saw students take part in a number of events and submit photos and videos. A spokesperson said, “Remote learning challenges us to be creative with our longstanding traditions and customs. On May 1, MSA Elementary Virtual Sports Day replaced our traditional sports day and […]

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Court: Man Facing Firearm Importation Charges

By bernews.com
Published On :: Mon, 21 Oct 2019 18:34:28 +0000

[Written by Don Burgess] A 37-year-old man will have his case heard in Supreme Court, with the defendant facing three firearm importation charges. James Rumley, 37, of both Pittsburgh, Pennsylvania and Sandys, is facing three counts of bringing in firearm components without a licence. Magistrates Court heard that Mr Rumley allegedly brought in gun parts on […]

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Court: Man Admits Importing Cannabis Resin

By bernews.com
Published On :: Wed, 18 Dec 2019 16:21:31 +0000

[Written by Don Burgess] A 51-year-old Hamilton Parish man admitted importing more than $120,000 worth of cannabis resin into Bermuda. Appearing in Magistrates Court, Michael Johnson pleaded guilty to one count of drug importation after customs officers at the L.F. Wade International Airport in a package with his name on it. The package had arrived as […]

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Covid-19: Soldiers Assist With Airport Arrivals

By bernews.com
Published On :: Sat, 21 Mar 2020 13:11:58 +0000

Soldiers from the Royal Bermuda Regiment have mobilised at the airport to help returned residents disembark and transport those who need quarantined outside their homes to special accommodation. Sergeant Giovanni Lema, a member of the RBR’s Motor Transport section, drove one of the buses used to ferry passengers off some of the last planes to […]

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BTA Looking At More Sports Tourism Events

By bernews.com
Published On :: Sun, 02 Jul 2017 21:10:26 +0000

In the wake of America’s Cup, the Bermuda Tourism Authority [BTA] is looking at the feasibility of many other sports-related events, citing that “Bermuda’s successful delivery of the 35th America’s Cup has elevated the destination to a strong position for attracting future sports tourism events and has already helped officials land new events for the […]

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Report: Sailing Series Might Come To Bermuda

By bernews.com
Published On :: Wed, 18 Oct 2017 14:29:32 +0000

Larry Ellison, whose syndicate lost the America’s Cup to New Zealand, might be announcing a “World Series of Sailing” event, with an article at by sailing journalist Rob Mundle saying “it is now likely” that one round of the World Series would be held in Bermuda. The story said “Larry Ellison, whose syndicate lost the […]

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America’s Cup Bermuda ‘Legacy Impact Report’

By bernews.com
Published On :: Sat, 11 Nov 2017 23:06:23 +0000

In addition to the PWC report, the America’s Cup Bermuda also released a 56-page ‘Legacy Impact Report’, saying that one of the aims of the event was to “ensure that Bermuda and its people can benefit from its legacy for many years to come.” The report’s executive summary said, ”The 35th America’s Cup provided Bermuda with a unique opportunity […]

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Land Rover BAR Bermuda Sustainability Report

By bernews.com
Published On :: Thu, 21 Dec 2017 14:02:46 +0000

Six months after returning to the UK from Bermuda – where the team were based for the 35th America’s Cup – Land Rover BAR are now sharing their learnings and achievements in the Bermuda Sustainability Report, saying that “large sporting events present a unique opportunity to leave a lasting legacy and a positive impact in […]

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BTA: Officials Explore Superyacht Opportunities

By bernews.com
Published On :: Wed, 18 Apr 2018 15:44:50 +0000

Officials who put on superyacht racing during the 35th America’s Cup last year are back in Bermuda this week to explore new superyacht opportunities on the island. “The people who put on the Superyacht Regatta and the J Class Regatta during the America’s Cup have been looking for the right opportunity to come back to […]

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Scott: Where Are Fintech Jobs & Opportunities?

By bernews.com
Published On :: Thu, 11 Oct 2018 15:02:19 +0000

The America’s Cup ”brought employment opportunities and significant economic benefits to Bermuda,” OBA Deputy Leader Leah Scott today, before asking “where are the jobs and economic opportunities” from Fintech. She went on to suggest that “Bermuda should request that the Government produce a preliminary economic assessment of the impact Fintech investment has had on our economy […]

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Economic and Social Sustainability at Airports

By www.trb.org
Published On :: Fri, 15 Mar 2019 05:17:11 GMT

TRB’s Airport Cooperative Research Program (ACRP) Conference Proceedings on the Web 23: Economic and Social Sustainability at Airports is a compilation of the presentations and a summary of the ensuing discussions at May 7-8, 2018, forum in Washington, D.C. The meeting brought together individuals from airports, airlines, academia, consulting, local and regional government, general sustainability professionals, and others. The forum included sessions on social sustainability, economic sustainability, key...


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Economic and Social Sustainability at Airports

By www.trb.org
Published On :: Fri, 15 Mar 2019 05:17:11 GMT

TRB’s Airport Cooperative Research Program (ACRP) Conference Proceedings on the Web 23: Economic and Social Sustainability at Airports is a compilation of the presentations and a summary of the ensuing discussions at May 7-8, 2018, forum in Washington, D.C. The meeting brought together individuals from airports, airlines, academia, consulting, local and regional government, general sustainability professionals, and others. The forum included sessions on social sustainability, economic sustainability, key...


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Featured Centennial Paper: Bicycle Transportation Committee

By www.trb.org
Published On :: Thu, 23 Apr 2020 06:39:14 GMT

The TRB Standing Technical Committee on Bicycle Transportation has been in existence for about 45 years, founded in 1974 as the Bicycling and Bicycles Committee. We had an early name change to the Committee on Bicycling and Bicycle Facilities shortly after our birth and became the Bicycle Transportation Committee in 1996. The committee's existence closely parallels the history of bicycle transportation research in the United States. Very little was done prior to the mid-1970s, when a surge of interest in...


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Featured Centennial Paper - The History of Impaired Driving and the Role of the Transportation Research Board Committee on Alcohol, Other Drugs, and Transportation

By www.trb.org
Published On :: Thu, 30 Apr 2020 06:39:14 GMT

The Alcohol and Other Drugs Committee's Centennial Paper to review what it has accomplished since its inception in the early 1970s, how it has evolved along with the field, and what challenges and opportunities it confronts going forward. To learn more about the history of impaired driving and the Standing Technical Committee on Alcohol, Other Drugs, and Transportation (ANB50), check out the Committee's Centennial Paper. As part of TRB's Centennial Celebration, the Technical Activities Council invited al...


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Addressing the volume of renewable fuel in transportation fuel

By www.trb.org
Published On :: Thu, 23 Apr 2020 11:33:07 GMT

The Renewable Fuel Standard (RFS): Waiver Authority and Modification of Volumes , released by the U.S. Congressional Research Service


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NCHRP Impact Report 2019

By www.trb.org
Published On :: Tue, 14 Apr 2020 05:29:45 GMT

All 50 states and the District of Columbia have applied research results from TRB's National Cooperative Highway Research Program to policy decisions or used them to introduce or change practice, as a reference source, or for new or additional research. The NCHRP Impact Report 2019 , a follow up to the NCHRP Impact Report 2018 , attempts to document and present the outcomes and impacts of the application of NCHRP research results. Containing data and anecdotes compiled from various sources, the report pr...


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Guidebook for Assessing Collaborative Planning Efforts Among Airport and Public Planning Agencies

By www.trb.org
Published On :: Wed, 15 Apr 2020 11:50:20 GMT

Public-use airports, metropolitan planning organizations (MPOs), and local land-use/ transportation planning agencies all have independent yet interrelated planning processes bound by legal and policy requirements to ensure compatibility. This means that they should work cooperatively to solve joint transportation challenges in the most effective and efficient manner. The TRB Airport Cooperative Research Program's ACRP Research Report 216: Guidebook for Assessing Collaborative Planning Efforts Among Airp...


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Conference on Performance and Data in Transportation Decision Making

By www.trb.org
Published On :: Mon, 20 Apr 2020 11:55:32 GMT

The use of performance measures and data is informing transportation decision making.  Transportation Research Circular E-C263: Conference on Performance and Data in Transportation Decision Making summarizes many presentations from the conference, which attracted more than 350 professional transportation planners, consultants, industry experts, and academic researchers, from 42 states and three countries, to Atlanta, Georgia.


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Achieving Airport-Compatible Land Uses and Minimizing Hazardous Obstructions in Navigable Airspace

By www.trb.org
Published On :: Mon, 21 May 2012 04:34:36 GMT

TRB’s Airport Cooperative Research Program (ACRP) Legal Research Digest 14: Achieving Airport-Compatible Land Uses and Minimizing Hazardous Obstructions in Navigable Airspace discusses airport-compatible land-use requirements, the legal issues related to achieving airport compatible land use, and legal issues particular to eliminating hazardous obstructions to airspace. The report also includes a review of some of the major legal issues of concern in achieving airport-compatible land use.


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Procurement of Airport Development and Planning Contracts

By www.trb.org
Published On :: Tue, 18 Sep 2012 04:02:45 GMT

TRB’s Airport Cooperative Research Program (ACRP) Legal Research Digest 16: Procurement of Airport Development and Planning Contracts provides guidance on how to determine which requirements apply to any given procurement process. The report also includes an overview of the consequences for noncompliance with procurement laws or regulations in order to help airports better understand the inherent risks associated with various funding sources.


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Addressing Uncertainty about Future Airport Activity Levels in Airport Decision Making

By www.trb.org
Published On :: Tue, 16 Oct 2012 06:20:09 GMT

TRB’s Airport Cooperative Research Program (ACRP) Report 76: Addressing Uncertainty about Future Airport Activity Levels in Airport Decision Making provides a systems analysis methodology that augments standard airport master planning and strategic planning approaches. The methodology includes a set of tools for improving the understanding and application of risk and uncertainty in air traffic forecasts as well as for increasing the overall effectiveness of airport planning and decision making.


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Challenges to Implementing Successful Land Use Strategies at Airports

By www.trb.org
Published On :: Tue, 12 Mar 2019 05:41:04 GMT

TRB’s Conference Proceedings on the Web 24: Challenges to Implementing Successful Land Use Strategies at Airports is a compilation of the presentations and a summary of the ensuing discussions at an ACRP Insight Event held April 10-11, 2018, in Washington, D.C. The event brought together airport representatives and community planners to discuss effective strategies for improving their ability to partner on land use issues in the vicinity of airports. ACRP Insight Events convene airport industry leaders a...


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