AN overhang of office space is understood to be developing in Bermuda, but the head of the principal building contractor on the island is not worried about a major erosion in his own firm?s fortunes.

SINCE its maiden voyage in August 2006, the Spirit of Bermuda (above) has taken almost 450 middle school students on global voyages aimed at self-discovery and awakening of intellectual curiosity, while forging a national identity.

PREMIUMS have essentially remained flat since 2004, but the Shipowners Insurance and Guaranty is still implementing a steady programme to return excess profits to members?on a prudent basis?, according to SIGCo president Neil Clemens.

BERMUDA is not in the business of peddling its flag through hard-sell tactics but remains interested in attracting quality ships to its registry, the new director of the Bermuda Maritime Administration tells Lloyd?s List.

IN an acknowledgement of the growing importance of being where the money is, leading offshore law firm Appleby is opening offices in Dubai and Zurich.

DO not go by the location, locals like to admonish the casual visitor.