Cruising to Bermuda Island
Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years.
Bermuda has developed into a highly successful offshore financial center. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue.
Location: North America, group of islands in the North Atlantic
Ocean, east of South Carolina (US)
Territorial sea: 12 nm
Subtropical; mild, humid; gales, strong winds common in winter
Low hills separated by fertile depressions
Lowest point: Atlantic Ocean 0 m
Bermuda enjoys one of the highest per capita incomes in the world, nearly equal to that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following 11 September 2001 and again after Hurricane Katrina, contributing to the expansion of an already robust international business sector.
Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% of the land being arable.
Airports: 1 (2005)
Total: 118 ships (1000 GRT or over) 6,752,122 GRT/7,464,181 DWT
Sailing Specifics: Ports and terminals
Hamilton, Saint George
Other Sailing Destinations in the Region