Brent futures were up 90 cents, or 1%, at $89.81 a barrel by 0757 GMT, set for their sixth day of gains
International News via Reuters:
Oil prices rose on Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies, while industry data showing swelling inventories of U.S. crude might keep bulls in check.
Brent futures were up 90 cents, or 1%, at $89.81 a barrel by 0757 GMT, set for their sixth day of gains. U.S. West Texas Intermediate (WTI) crude climbed 88 cents, or 1.1%, to $84.08, up for a fifth day. Both contracts earlier rose more than $1.
The United States and Yemen’s Iran-aligned Houthis reported separate attacks on shipping in the Strait of Hormuz and the Bab el-Mandeb Strait on Tuesday, two crucial export valves for Middle Eastern oil and gas in addition to the Suez canal.
Iran’s top security official said Hormuz would stay closed unless the U.S. accepted Iran’s conditions to end the war, including release of its frozen assets.
Shipping data showed the number of vessels transiting Hormuz fell to a one-week low of eight on Tuesday. Before the war, 125 to 140 vessels passed through the crucial waterway each day.
In Libya, the country’s National Oil Corporation said all fires at fuel storage tanks in the Zawiya oil complex were under control.
On the supply front, a Reuters poll showed that U.S. crude oil and fuel inventories were expected to have fallen last week.
However, market sources citing American Petroleum Institute data said U.S. crude inventories rose sharply, while gasoline and distillate stocks fell.
Crude stocks rose by about 9.1 million barrels, while gasoline and distillate inventories fell by 1.5 million barrels and 596,000 barrels, respectively, from the previous week, the sources said. [API/S]
The crude build far exceeded expectations and, if confirmed by the Energy Information Administration report later on Wednesday, could ease market concerns about supply tightness, Haitong Futures said in a note.
Official numbers from the EIA, the statistical arm of the U.S. Department of Energy, are due at 10:30 a.m. ET (1430 GMT). [EIA/S]
For longer-term supply, the EIA expected significant disruptions to Middle East crude supplies to persist through the end of 2027. The EIA said it expects 2026 Brent crude oil prices to average $86.81 a barrel, and WTI to average $80.88.
Additional reporting by Sam Li and Colleen Howe; Editing by Sonali Paul, Clarence Fernandez and Christian Schmollinger
Brent crude futures rose 0.6% to $89.45 a barrel after attacks on shipping in the Middle East and fading hopes for an end to the Iran conflict
International News via Reuters:
European shares consolidated near record highs on Wednesday, as investors digested corporate earnings reports and awaited U.S. inflation data that could determine the interest rate path amid fresh geopolitical tensions.
Brent crude futures rose 0.6% to $89.45 a barrel after attacks on shipping in the Middle East and fading hopes for an end to the Iran conflict. [O/R]
The conflict, in its sixth month, showed no signs of ending, despite repeated claims by U.S. President Donald Trump that a deal was imminent. Markets have swung between optimism and disappointment since the war began, as investors tried to gauge the risk of a broader disruption to energy supplies and global trade.
The pan-European STOXX 600 was little changed at 660.17 points, as of 0837 GMT, near a record high hit on Monday and is up nearly 12% so far this year.
“The rally has continued despite uncertainty over efforts to resolve the U.S.-Iran conflict. Europe is more vulnerable than the U.S. to disruption in global energy markets because of its greater reliance on imported energy,” analysts at UBS Global Wealth Management said in a note.
“But even after the market’s strong gains, we believe European equities have further upside potential.”
Elsewhere, North Korea fired a ballistic missile toward the sea off the Korean Peninsula’s east coast, South Korean and Japanese authorities said, while Taiwan protested China’s planned naval drills off the island’s east coast.
Europe’s aerospace and defence index led sectoral gains, rising 0.9%, as investors sought exposure to companies that typically benefit from heightened geopolitical risk.
Meanwhile, the energy sector jumped 0.9% on the back of resurgent oil prices.
U.S. July CPI data, due later in the day, will not reflect the latest rise in energy costs, but could still help shape expectations for the Federal Reserve’s meeting next month. Markets are pricing an even chance of a rate hike, according to CME’s FedWatch tool.
The luxury sector was the STOXX 600’s biggest decliner, down 2%, while healthcare stocks fell 1.3%.
Corporate results also drove certain stocks.
Construction group Balfour Beatty jumped 9% after raising its annual operating profit forecast, citing strong demand for infrastructure projects in the U.S. and UK.
Danish wind turbine maker Vestas soared 18.1% after raising full-year outlook for its earnings margin.
TKMS gained 14.6% after the warship manufacturer raised its outlook for the second time in six months.
Kingspan rose 6.5% after the Irish building materials company said on Tuesday it would acquire power management systems maker BMC Manufacturing for an initial upfront payment of €850 million ($980.90 million), on a debt-free, cash-free basis.
($1 = €0.8666)
Reporting by Ragini Mathur in Bengaluru; Editing by Sherry Jacob-Phillips and Harikrishnan Nair
The U.S. dollar ticked up, underpinned by renewed tensions in the Middle East, with markets awaiting fresh signals on the Federal Reserve’s policy trajectory
International News via Reuters:
Sterling hovered around its one-month high against the dollar on Wednesday as investors braced for a raft of British and U.S. economic data later this week.
The U.S. dollar ticked up, underpinned by renewed tensions in the Middle East, with markets awaiting fresh signals on the Federal Reserve’s policy trajectory.
The pound was roughly unchanged at $1.3510, after hitting $1.3530 on Monday, its highest level since July 16.
Analysts said Britain’s economy had not weakened enough to put the debate over further Bank of England rate hikes to rest, while gilt yields remained close to their highest levels in nearly two decades as fiscal uncertainty kept term premiums elevated.
The term premium is the additional yield investors demand for holding long-term government debt, and it tends to rise when inflation, fiscal or policy risks increase.
“Higher for longer oil prices may force the BoE to increase its tough talk against inflation, but so too would other central banks, suggesting that the forex reaction may still not favour the pound on all fronts,” said Jane Foley, senior strategist at Rabobank.
“Uncertainty about the budget could keep the UK market nervous into the autumn and we would look to buy the euro/sterling on dips back to 0.85, with the 50-day simple moving average currently providing resistance around the 0.8578 area,” she added.
The date for this year’s UK Budget has been set for Wednesday, October 28.
Britain’s government will do what it can to help lower costs for business against the backdrop of a “difficult financial outlook”, Prime Minister Andy Burnham said in an interview on Wednesday.
Deutsche Bank said euro/sterling three-month implied volatility was at 3.6%, a level it described as lower than at the same stage before any major British budget or fiscal announcement over the past two decades.
The euro was 0.05% lower at 85.41 pence, after reaching 85.37 pence on Monday, its lowest level in almost three weeks.
Reporting by Stefano Rebaudo; Editing by Ronojoy Mazumdar
Four local candy stripers received financial awards totalling $30,000 when the Hospitals Auxiliary of Bermuda (HAB) presented cheques to:
Jorai Laurenceo
Nahla Woods
Varshini Srinivasan
Syesha Sampson
“This year, we are proud to present 4 awards totalling $30,000” said HAB President Glen Gibbons. “Eligibility for the awards is based on each student’s hours of service to the HAB, interaction with other volunteers and Bermuda Hospitals Board (BHB) and HAB staff members, community service and academic performance.
“Our decision was difficult again this year as there are so many deserving applicants, however, rather than dilute the amount to be awarded by presenting too many we decided to award each $7,500.00 to make a meaningful contribution towards books, travel or wherever the families feel it is most needed for their continuing educational journey.”
Jorai Laurenceo
We acknowledge your dedication as a Candy Striper and your 161 volunteer hours. We trust the experience you gained through Candy Striping will support your studies in Business and Technology Management at Ontario Tech University. Bachelor of Information Technology, Networking and IT Security.
“After completing 161 volunteering hours, I am honoured to receive the Hospitals Auxiliary of Bermuda Candy Striper Education Award.
Working in a high-volume clinical setting taught me that reliable systems depend on disciplined execution, not occasional effort.
Supporting fast-paced healthcare flows proved that whether assisting hospital operations or designing AI Governance frameworks, system stability requires embedding compliance from day one.
Sincere thanks to Joy Tyrell, Jane Wright, the HAB Scholarship Committee and the entire Hospital Auxiliary of Bermuda team at the Bermuda Hospitals Board for supporting my academic journey at Ontario Tech University.”
Jorai
Nahla Woods
We acknowledge your dedication as a Candy Striper and your 161 volunteer hours. We trust the experience you gained through Candy Striping will support your studies in Business Administration at Hampton University.
“I have been a Candy Striper for the past five years. This experience was both rewarding and impactful. It has helped me build valuable skills, such as adapting to new environments. I would like to thank the Hospital Auxiliary of Bermuda for considering me as a recipient of their scholarship. Lastly, I would encourage anyone who is passionate about serving their community to join this program. “
Nahla
Varshini Srinivasan
We acknowledge your dedication as a Candy Striper and your 151 volunteer hours. We trust the experience you gained through Candy Striping will support your studies at Brighton and Sussex Medical School. Bachelor of Medicine Bachelor of Surgery.
“Being a Candy Striper with the Hospitals Auxiliary of Bermuda has been one of the greatest privileges of my life and an experience I will always hold close to my heart. Over the past four years, I have come to appreciate that meaningful care is often found not only in grand gestures, but in the quiet moments, a reassuring smile, helping a visitor find their way, or simply taking the time to listen. These experiences have taught me that compassion, empathy, and kindness can leave a lasting impact, even in the smallest interactions. The programme has shaped me both personally and professionally, reinforcing my passion for medicine and reminding me that healthcare is, above all, about people. As I begin the next chapter of my journey in medical school, I will carry forward the lessons, values, and perspective I have gained through the Candy Striping Programme. I am deeply grateful to the Hospitals Auxiliary of Bermuda for the opportunities, mentorship, and trust they have given me over the past four years. This experience has left an enduring mark on who I am, and I know its influence will remain with me throughout my life and future career.”
Varshini
Syesha Sampson
We acknowledge your dedication as a Candy Striper and your 143 volunteer hours. We trust the experience you gained through Candy Striping will support your studies in psychology at Framingham State University Psychology.
“Volunteering as a Candy Striper with the Hospitals Auxiliary of Bermuda has been a transformative experience that solidified my passion for clinical psychology. This opportunity allowed me to interact with a wide demographic, ranging from anxious paediatric patients to geriatric individuals facing cognitive decline. Being a Candy Striper helped me to develop active listening and empathetic communication skills and helped me to understand the importance of confidentiality. I also developed exceptional time management and a strong work ethic. Most importantly my experience as a candy striper taught me to work from the heart without seeking recognition. It instilled a lifelong commitment to community service that I will carry into all my future academic and professional endeavours.”
Syesha
Eligibility
The HAB awards scholarships on an annual basis. Scholarships can be awarded to any candy striper current in the programme who has completed a minimum of two years. The awards may be used for continued studies in Bermuda or at an institution of higher learning abroad. Awards must be applied to the cost of education only, e.g. tuition, books and school fees.
Interested in becoming a candy striper?
There are currently 109 candy stripers enrolled in the HAB program. The HAB intakes approximately 40 students annually. Interested young men and women must apply in writing before their 14th birthday. Email applications can be obtained from sonja.paulos@bhb.bm
35-year-old detained at A1 Supermarket, no injuries reported
Media Release:
At approximately 8:52pm, Tuesday August 11, 2026, Police were dispatched to the A1 Supermarket, Valley Road, Paget, following a report that a male in possession of a knife, was inside the premises.
Officers located the 35-year-old suspect and recovered the knife he had in his possession.
There were no reported injuries.
The suspect was arrested and taken to the Hamilton Police Station, where he is currently detained.
The launch comes as South Korea and the United States plan to conduct major joint military drills from August 17 to 27 to prepare against North Korea’s evolving nuclear and weapons capabilities
International News via Reuters:
North Korea fired an unidentified projectile towards the east, the Yonhap news agency said on Wednesday, citing the South Korean military.
The launch comes as South Korea and the United States plan to conduct major joint military drills from August 17 to 27 to prepare against North Korea’s evolving nuclear and weapons capabilities.
North Korea earlier this month fired a short-range ballistic missile towards the sea, according to the South Korean military.
Reporting by Joyce Lee; Editing by Chris Reese and Ed Davies
Oil prices gained and global shares retreated amid renewed pessimism about a quick end to the conflict
International News via Reuters:
The United States and Yemen’s Iran-aligned Houthis reported separate attacks on shipping on Tuesday as prospects for ending the five-month-old Iran war appeared to dim, with Tehran saying the Strait of Hormuz would remain closed unless Washington accepts its conditions.
Oil prices gained and global shares retreated amid renewed pessimism about a quick end to the conflict. Brent crude futures climbed 1.4% to settle at $88.91 per barrel and U.S. crude rose 1.3% to $83.20.
Yemen’s Iran-aligned Houthis, who said on July 20 they would impose a naval blockade on Saudi Arabia in the Red Sea, attacked a Saudi ship carrying military equipment in the Bab el-Mandeb Strait, the Houthi-run news agency Saba reported.
There was no immediate Saudi confirmation of that attack, but Yemen’s Transport Ministry said four crew members were killed in a suspected Houthi attack on a small cargo vessel in the Bab el-Mandeb Strait on Tuesday. The fatalities aboard the Egyptian-owned vessel Tihamah would be the first deaths in a Houthi strike on shipping since the Iran war began.
The U.S. military, meanwhile, said a U.S. Navy MH-60 helicopter fired two Hellfire missiles to disable the steering gear of a Panama-flagged cargo ship after it ignored repeated warnings to stop violating a naval blockade on Iranian ports. Maritime sources told Reuters the ship was hit off Pakistan while sailing into the Gulf of Oman.
STEPPED UP RHETORIC
Both Iran and the United States have stepped up rhetoric in the past two days.
Iran’s top security official, Mohsen Rezaei, said on Tuesday that the vital Strait of Hormuz shipping route will remain closed unless the U.S. accepts Iran’s conditions to end the war – the release of Iran’s frozen assets and an end to wars throughout the region, including in Lebanon and Gaza.
That followed a new demand from U.S. President Donald Trump on Monday that Iran should pay compensation for people killed in 50 years of wars, attacks and protests.
Throughout the conflict, Trump has alternated between threats of escalation and claims that a peace deal is imminent.
In an interview released late on Monday, he suggested the current uncertainty could last for a while, saying he might just “bop along.”
“I’m sort of negotiating,” Trump told Real America’s Voice. “They’re very devious negotiators.”
The comments from Rezaei, appointed on Sunday as second-in-command of the body that coordinates Iran’s security and foreign policy, were the strongest indication the Strait of Hormuz would not reopen to shipping anytime soon. The waterway handled a fifth of global oil and liquefied natural gas flow before the war.
“As long as America does not change its behaviour and does not accept Iran’s conditions, the Strait of Hormuz will not be opened,” Rezaei said, according to the semi-official Tasnim news agency.
There was no immediate comment from Washington on Iran’s latest comments.
Thousands of people have been killed in the conflict since the U.S. and Israel launched attacks on Iran on February 28.
Iran struck U.S. assets and infrastructure in countries including Oman, Jordan, Kuwait, Israel, the United Arab Emirates and Saudi Arabia.
Raising the prospect of further escalation, Mohammad Reza Naqdi, an adviser to the commander of Iran’s Revolutionary Guards, said on Iranian state TV on Tuesday that the corps was developing the ability to carry out operations “on enemy soil.”
“We need to be able to move the operations to the enemy’s soil, whenever this is needed and ordered,” he said. “This is the characteristic of the offensive doctrine that has to be attained.”
Reporting by Tala Ramadan and Elwely Elwelly, Writing by Sharon Singleton, Alison Williams and David Brunnstrom, Editing by Andy Sullivan, Timothy Heritage and Sanjeev Miglani
The record run was overseen by the International Automobile Federation (FIA) and is subject to ratification by the governing body’s Land Speed Records Commission
International News via Reuters:
Former fighter pilot Andy Green set a world land speed record for a hydrogen-powered car at the Bonneville Salt Flats in Utah on Tuesday.
The Briton, already the outright land speed record holder, set his latest first at the wheel of a JCB Hydromax vehicle that harnessed the power of two production-based digger engines to reach a combined speed over two runs of 406.320mph/653.909kph.
The record run was overseen by the International Automobile Federation (FIA) and is subject to ratification by the governing body’s Land Speed Records Commission.
Green, 63, set his land speed world record of 763.035 mph (1,227.985 kph) in the jet-engined Thrust SSC in 1997.
On Tuesday he did a run in each direction over a distance of one mile within an hour, and with the average speed establishing the record time. The first run hit 400.623 mph, the second 412.135.
The previous FIA-officiated hydrogen internal combustion record was 185.5 mph set by the BMW H2R in 2004. The JCB Hydromax also exceeded the 303 mph hydrogen fuel cell mark.
Green also set a diesel land speed record of 350.092 mph on the same salt flats 20 years ago and in the British engineering giant’s JCB Dieselmax vehicle.
“Bonneville is the spiritual home of the World Land Speed Record, and Hydromax has just written itself into that history,” said Green. “The car was magnificent, stable, strong and fast. To set a world record with hydrogen, 20 years after Dieselmax, is a privilege.”
JCB, whose fastest tractor can do 135 mph and who partner the Aston Martin Formula One team, started the project in June 2025 with Prodrive, Ricardo and Xtrac.
The company has invested 100 million pounds ($135.03 million) to develop hydrogen-powered internal combustion engines and is using the Hydromax project to promote the green-engined diggers rolling off production lines.
The record run came ahead of JCB opening a new $500 million factory in San Antonio, Texas, to make machines for the U.S. market.
Brent futures rose $1.19, or 1.4%, to settle at $88.91 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.07, or 1.3%, to settle at $83.20
International News via Reuters:
Oil prices edged up to a one-week high on Tuesday as doubts about a potential U.S.-Iran peace deal fueled concerns that Middle East supply disruptions would persist.
Brent futures rose $1.19, or 1.4%, to settle at $88.91 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.07, or 1.3%, to settle at $83.20.
Those were the highest closes for both crude benchmarks since July 31 for a second day in a row after both contracts jumped about 5% on Monday as hopes for a peace deal between the U.S. and Iran started to fade.
The Strait of Hormuz will remain closed as long as the U.S. does not change its behavior and accept Iran’s conditions to end the war, the newly appointed secretary of Iran’s Supreme National Security Council, Mohsen Rezaei, said on Tuesday. About 20% of global oil supply passed through the strait before the start of the Iran war on February 28.
His comments are the strongest indication so far that any deal in talks with Oman over the waterway would not immediately reopen it to shipping if the U.S. does not also abide by its commitments in a memorandum of understanding toward ending the conflict reached between Washington and Tehran in June.
Shipping data showed that traffic through the Strait of Hormuz dropped to six vessels on Monday, compared with a 10-day average of about 11 vessels. Before the war, daily traffic through the waterway averaged between 125 and 140 vessels a day.
Elsewhere in the Middle East, Yemen’s Iran-aligned Houthis attacked a Saudi ship carrying military equipment in Bab el-Mandeb, between the Red Sea and the open Indian Ocean, Houthi-run news agency Saba reported, while sources reported a missile attack on a container ship off Pakistan in a suspected U.S. strike.
Some producers in the Middle East are likely to struggle to restore oil output to pre-conflict levels by the end of 2027, even if trade patterns return to normal by early next year, the U.S. Energy Information Administration said on Tuesday.
SUPPLY DISRUPTION IN LIBYA
In Libya, renewed violence in the strategic city of Zawiya has disrupted the oil industry, with state oil firm the National Oil Corporation saying it could declare force majeure if drone attacks on energy assets in the city continued. Libya is a member of OPEC.
The Abu Dhabi National Oil Company is offering spot crude in a tender, its eighth issued since the start of June as the UAE state oil company works to move oil from inside the Strait of Hormuz, trade sources said.
In Europe, the Ukrainian military said on Tuesday it attacked an oil refinery in the Russian city of Orsk, the second-largest city in the Orenburg region and an important industrial hub.
The combination of Ukraine’s attacks on Russian energy infrastructure and the Iran war has limited global supplies and boosted global energy prices — Brent futures are up about 44% so far this year.
Russia was the world’s third-biggest crude oil producer behind the U.S. and Saudi Arabia in 2025, according to U.S. energy data, and is a member of the OPEC+ group of countries, which includes OPEC and allies.
U.S. OIL INVENTORIES
The oil market was waiting for weekly storage reports from the American Petroleum Institute trade group later on Tuesday and the U.S. Energy Information Administration on Wednesday.
Analysts estimated energy firms pulled 0.5 million barrels of crude from storage during the week ended August 7.
If correct, it would be the second time stockpiles had declined in three weeks. Stockpiles increased by 3.0 million barrels in the same week last year and have increased by an average of 3.1 million barrels over the past five years (2021 to 2025). [EIA/S] [API/S]
Reporting by Scott DiSavino in New York anAnushree Mukherjee and Ishaan Arora in Bengaluru; Editing by David Goodman, Mark Potter, Paul Simao and Sanjeev Miglani
The Loren pushes ahead with its plan to revitalize the Elbow Beach Resort
The Loren Hotels has submitted an application for In-Principle Planning Approval to revitalize the historic Elbow Beach Hotel into a thoughtfully designed five-star luxury resort, marking a significant milestone in the restoration of one of Bermuda’s most cherished hospitality landmarks.
Despite its enduring place in Bermuda’s tourism heritage, the historic property is structurally deficient and has been closed since 2020. The Loren’s proposal seeks to breathe new life into the site through a carefully considered redevelopment that respects its legacy while creating a sustainable, world-class destination for future generations.
The proposed development will feature a luxury resort comprising 76 guestrooms and 22 detached villas that will operate as part of the resort’s rental inventory, with an anticipated opening in 2029 following extensive reconstruction.
Designed to reflect both Bermuda’s character and today’s luxury traveler, the resort will include a full-service spa, fitness centre, wellness programming, racquet sports, and a collection of elevated dining experiences. Planned food and beverage venues include a rooftop restaurant, pool bar, lounge, casual beachside food truck, and the reopening of Mickeys beachfront restaurant.
“Our vision is to restore Elbow Beach as one of Bermuda’s premier destinations while creating a resort that is environmentally responsible, economically sustainable, and deeply connected to the local community,” said Stephen King, Founder and CEO of The Loren Hotels. “This project represents an opportunity to preserve the legacy of Elbow Beach while positioning it for long-term success.”
A More Mindful Resort
The former hotel, the proposed development, has been intentionally scaled to better align with today’s hospitality market and the surrounding neighborhood.
Key planning objectives include:
· A smaller-scale, lower-density development footprint, designed to be more appropriate for the property and surrounding community.
· A landscape-led master plan designed to preserve the site’s historic Russell Page-inspired gardens and retain mature, healthy vegetation wherever possible.
· Architecture inspired by Bermuda’s natural limestone formations and traditional residential design.
· Improved circulation throughout the property, minimizing vehicle traffic across much of the site and creating a more pedestrian-friendly guest experience.
· Restoration and enhancement of public access and amenities along Elbow Beach.
Meaningful Benefits for Bermuda
Beyond revitalizing an iconic property, the project is expected to generate lasting benefits for the island.
The proposal includes:
· New public changing rooms and restroom facilities along Tribe Road, to be maintained and serviced by the hotel.
· Public access to the resort’s restaurants and food and beverage venues.
· A lower-profile hotel building that preserves ocean views for neighboring residents at the adjacent Ocean Hills (formerly Fritholme Gardens) development.
· Significant construction employment opportunities during redevelopment.
· Long-term hospitality employment with a commitment to a primarily Bermudian workforce supported by dedicated training and professional development programs.
Environmental Stewardship
Environmental responsibility has been a central consideration throughout the planning process.
The redevelopment will replace the property’s outdated wastewater system—which discharged treated effluent into the ocean—with modern infrastructure that eliminates ocean discharge. The project will also remove asbestos and other hazardous materials remaining within the existing structures.
The Loren also intends to integrate sustainability initiatives through its partnership with Roots Climate and participation in its affiliated nonprofit program, “2 Percent is Less Than 2 Degrees,” supporting carbon sequestration and broader environmental initiatives.
Planning Process
The current submission seeks an In-Principle Planning Approval, effectively serving as a master plan for the redevelopment. The application establishes the proposed land use, building density, height, massing, conservation strategy, access, parking, and historic preservation approach.
Subsequent planning and building applications will address the detailed architectural, engineering, landscape, coastal stabilization, and other technical components of the project.
Prior to submission, The Loren and its consultants engaged extensively with the Department of Planning, the Department of Environment and Natural Resources, neighboring property owners, and other governmental, environmental, and cultural stakeholders. Feedback from these consultations has been incorporated into the proposal.
Project Team
The redevelopment is being led by an experienced team comprising:
· The Loren Hotels
· Sardis Developments
· OBMI Architects
· Onsite Engineering
· Adwick Planning
· Rego Sotheby’s International Realty
· Additional Bermuda-based consultants and specialists
The Loren looks forward to continuing dialogue with the community as the planning process advances and remains committed to delivering a development that honors the legacy of Elbow Beach while creating a sustainable future for Bermuda tourism.
For additional information or to submit questions and comments, please contact: elbowbeach@thelorenhotel.com
On August 5, the Department of Sport and Recreation hosted the 2026 National Junior Athlete Sponsorship Programme (NJASP) Awards Ceremony, recognizing Bermuda’s outstanding junior athletes and coaches while reaffirming the Government’s commitment to developing the island’s sporting talent.
Acting Minister of Tourism & Transport, Culture & Sport, Senator the Hon. Kim Wilkerson, JP, said, “The National Junior Athlete Sponsorship Programme is an investment in Bermuda’s future. These awards recognize the hard work, dedication and potential of our young athletes and coaches, while providing meaningful support to help them pursue excellence. We are proud to invest in the next generation of Bermudian sporting talent.”
The NJASP provides financial assistance to promising athletes and coaches to support training, competition and development opportunities. This year’s recipients are:
Individual Athlete Awards
Asher Wheddon (Bermuda Football Rugby Union) – $2,620
Surii Russell (Bermuda National Athletics Association) – $3,270
Z’Naz Jones (Bermuda Motocross Association) – $3,210
Miguel Power (Bermuda Sailing Association) – $2,324
Marcus Rodrigues (Bermuda Volleyball Association) – $4,268
Isaac Davis (Bermuda Hockey Federation) – $3,435
Coaching Awards
Bermuda Cricket Board (Andre Coley) – $3,000
Bermuda Golf Association (Henry Brunton) – $3,500
Gymnastics Federation of Bermuda (PAGU Coach) – $3,000
Bermuda Triathlon Association (Michael Harlow) – $4,513
Pickleball Association of Bermuda (Armondo Ferreira) – $3,000
Bermuda Football Association (John Moreira) – $3,140
Bermuda Amateur Swimming Association (American Swimming Coaches Association) – $4,250
Bermuda Motorcycle Racing Association (Billy Dunn) – $1,500
The 2026 Flora Duffy Award, valued at $10,000, was presented to Nirobi Smith-Mills of the Bermuda National Athletics Association.
The Department of Sport and Recreation congratulates all recipients and wishes them continued success as they pursue their sporting goals and represent Bermuda with pride.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
