About
Stevedoring Services Limited
Established in 1966, Stevedoring Services Limited is a privately held Bermuda Incorporated Company and a subsidiary of Polaris Holding Company Ltd. In 1983, Stevedoring Services restructured to become a publicly traded company listed on the Bermuda Stock Exchange (BSX). It traded on the BSX as “Stevedoring Services” until 25 March 2011 when it voluntarily delisted as a process requirement for the creation and the listing of the new parent & holding company, Polaris Holding Company Ltd. on 28 March 2011.
Support
52 highly trained team members smoothly operate the docks of Bermuda. (as of 2015-2016)
Efficiency
Over 18 containers moved per crane per hour and 34,901 containers moved per year. (as of 2015-2016)
Dedication
Open for business up to 14 hours each day and 362 days each year. (as of 2015-2016)
Polaris’ financial success has been primarily built around its staff and a three-year administrative clean-up and operational reorganisation which saw headcount reduced, pay rates frozen, improved training, enhanced relations with the Corporation of Hamilton, Bermuda Industrial Union, the company’s customers and key stakeholders and a material investment in equipment, maintenance and infrastructure.Chairman, Cheryl Hayward-Chew