Latest news with #PortofRotterdam
Yahoo
26-05-2025
- Business
- Yahoo
AM Green and Port of Rotterdam Authority to Establish Green Energy Supply Chain Enabling up to 1,000,000 tons per year / USD 1 Billion Trade Between India and Europe
Sign collaboration agreement for development of green fuels bunkering market, terminal infrastructure, and Port Development for Net Zero Industrial Clusters. HYDERABAD, India and ROTTERDAM, Netherlands, May 26, 2025 /CNW/ -- AM Green and the Port of Rotterdam Authority signed a Memorandum of Understanding to focus on building a green energy supply chain between India and Northwestern Europe via Rotterdam, Europe's first energy port and a key hydrogen carriers entry point. This includes the supply of bunkering fuels and Sustainable Aviation Fuels (SAFs) and analysing requirements for the development of terminal infrastructure in Rotterdam and along the supply chain to Northwestern Europe. Furthermore, the partnership will jointly support the development of strategic port infrastructure for safe distribution of hydrogen-based fuels and products, and link India's Net Zero Industrial Clusters to Europe, enabling exports of up to 1,000,000 tons annually. The envisaged supply chain can enable trade of green fuels up to USD 1 Billon between the two economies. AM Green is pushing its ambitious goal to develop 5,000,000 tons of Green Ammonia production capacity by 2030, equivalent to about 1,000,000 of Green Hydrogen to meet the rising global demand for green fuels, with initial production starting in Kakinada, On the other hand, the Port of Rotterdam plays a lead role as a critical logistics and hydrogen hub for the European continent with some 13% of the total energy demand in Europe entering via Rotterdam. Together, they aim to fulfil India's National Green Hydrogen Mission and Europe's ambitious decarbonization goals. Boudewijn Siemons, CEO of the Port of Rotterdam Authority, stated, "We are delighted to collaborate with AM Green BV to further strengthen our commitment to the energy transition. This agreement marks an important step towards establishing a robust supply chain for low-carbon fuels and chemicals. With India's vast potential for green hydrogen production, combined with Rotterdam's strategic location and advanced infrastructure, the collaboration will lead to a robust and sustainable green energy supply chain between the two regions" Anil Chalamalasetty, Founder of AM Green and Greenko Group said, "This partnership is part of our ambitious global growth strategy in green fuels including 5 MTPA of green ammonia and 1 MTPA of SAF. This collaboration marks a significant milestone in establishing a global carbon-free energy ecosystem. It will enable the seamless movement of green molecules and fuels from India to Europe, reinforcing AM Green's position as a global clean energy transition platform and accelerating industrial decarbonization globally." About the Port of Rotterdam Authority: The Port of Rotterdam plays a vital role in the economy and security of supply for the Rotterdam-Rijnmond region, the Netherlands, and Europe. Its strategic location, strong infrastructure, and excellent hinterland connections make it a key hub for global trade and industry. The Port of Rotterdam Authority focuses on sustainable development, efficient port operations, and safe maritime traffic. Its goal is to strengthen the port's role as a future-proof logistics and industrial hub, with a strong commitment to quality and the development of a climate-neutral port in harmony with its environment. About AM Green: AM Green, promoted by the founders of Greenko Group, is one of India's leading renewable energy conglomerates and a new energy transition platform. It leverages Greenko's expertise in building, owning, and operating renewable assets, as well as its ongoing development of mega closed-loop pumped storage projects that enables round-the-clock power supply at highly competitive rates. AM Green focuses on producing Sustainable Aviation Fuel, Green Ammonia, Green Hydrogen, Green Chemicals, and biofuels through its subsidiaries. With multiple projects across India, AM Green is committed to achieve 5 MTPA of green ammonia production by 2030, equivalent to 1 MTPA of green hydrogen, representing 20% of India's and 10% of Europe's green hydrogen targets. This initiative will significantly contribute to India's net-zero ambitions and support global decarbonisation. Contact:Suheil Imtiaz,Public Affairs & Strategic Communicationsuheil.m@ Photo: View original content to download multimedia: SOURCE AM Green View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Observer
15-04-2025
- Business
- Observer
Visit reflects long-standing historical ties: HM
King Willem-Alexander of the Netherlands and his spouse Queen Máxima hosted an official dinner in honour of His Majesty Sultan Haitham bin Tarik in the Royal Palace in Amsterdam, on Tuesday. Prior to the dinner, His Majesty shook hands with the distinguished guests. His Majesty then delivered a speech, reading as follows: 'Your Majesty the King... Your Majesty the Queen... It is a great honour to be here in the Netherlands to celebrate the firm friendship between our two countries. We extend our sincere gratitude for the gracious hospitality we have received and for the valuable contributions that have fostered our partnership over the years. The warm welcome we received reflects deep-rooted cooperation between our two peoples which has flourished over centuries through maritime trade, exploration, and the shared pursuit of knowledge. "This visit reflects the long-standing historical ties between the Sultanate of Oman and the Kingdom of the Netherlands. Early Dutch traders and navigators built bridges of friendship since the 17th century, laying the foundation for the fruitful cooperation we are witnessing today. "This legacy is embodied at present in the Port of Sohar, the fruit of a joint venture between Asyad Group and the Port of Rotterdam to manage and operate Sohar Port and Freezone. This port symbolises our shared maritime heritage and our collective commitment to innovation, cooperation and a forward-looking vision. The port has become a vibrant hub for global trade and investment demonstrating what can be achieved when nations work together in a spirit of openness and determination. "The Netherlands' expertise in clean energy and water management is globally recognised and appreciated and we are grateful that this visit provided an opportunity to discuss our cooperation and initial successes we have achieved particularly in the production of green hydrogen and innovative water solutions. "In addition to economic cooperation, the countries continue to foster ties through political consultations, academic exchange, and cultural dialogue. Mutual understanding between our peoples is at an all-time high. As we continue to uphold our shared values of justice, pluralism, and the rule of law, we are confident that our cooperation will contribute to promoting peace and stability in Europe and the Middle East. "Based on the achievements we have made together in the fields of transport, logistics, trade and energy, we have to expand our cooperation to address urgent global challenges, particularly in upholding international law and ensuring security for all. In these endeavours, we must be wise in our visions, bold and courageous in our actions, and aware that our shared responsibility for shaping a better future extends beyond the borders of our two countries. Your Majesty the King... Your Majesty the Queen... As we move forward towards realising this shared vision, allow us in conclusion to reiterate our strong appreciation for the deep-rooted friendship between the Sultanate of Oman and the Kingdom of the Netherlands. We are looking forward to the honour of welcoming you, Your Majesty the King and Your Majesty the Queen, in Muscat soon. We are also looking forward to continuing our joint efforts in the upcoming months and years. Thank you.' King Willem-Alexander of the Netherlands also delivered a speech on this occasion, in which he reiterated his welcome to His Majesty the Sultan and his accompanying official delegation, affirming his country's keenness to diversify areas of partnership and investment between our two countries to enrich the economic growth of the Sultanate of Oman and the Kingdom of the Netherlands at various levels. The dinner was attended by the official delegation accompanying His Majesty, and a number of senior officials from the Kingdom of the Netherlands. — ONA
Observer
14-04-2025
- Business
- Observer
HM's Netherlands visit boosts Oman-Dutch ties, green energy
The state visit of His Majesty Sultan Haitham bin Tarik to the Kingdom of the Netherlands marks a significant milestone in the long-standing relationship between Oman and the Netherlands. This visit not only commemorates nearly 400 years of diplomatic and trade ties, but also sets the stage for enhanced cooperation across various sectors, including trade, investment, renewable energy and cultural exchange. The diplomatic relationship between Oman and the Netherlands dates back to 1670 when the Dutch first established an office in Muscat. This historical connection has evolved over centuries, characterised by mutual respect and collaboration. The significance of this relationship is underscored by its resilience through changing global dynamics, maintaining peaceful interactions free from conflict. His Majesty's state visit aims to further deepen these economic relations by exploring new avenues for investment and collaboration. Discussions are expected to focus on key areas such as green hydrogen production, water management technologies and sustainable logistics — fields where both nations have expressed strong interest. The visit is expected to serve as a cornerstone for lasting and robust relations, leveraging both nations' strategic locations, maritime heritage and historical ties to reposition Oman and the Netherlands as major hubs for trade redistribution. Trade between Oman and the Netherlands has seen substantial growth, reaching approximately RO 181 million (around $471.5 million) in 2024. Oman's exports primarily consist of base metals, while imports from the Netherlands include machinery and electrical equipment. The presence of around 155 Dutch-linked companies in Oman, with investments exceeding RO 147 million, highlights the robust economic ties that have developed over time. A pivotal aspect of the visit is the emphasis on renewable energy cooperation. The signing of a Memorandum of Understanding (MoU) on green hydrogen at COP27 in 2022 serves as a foundation for future collaborations. Both countries recognise the importance of transitioning towards sustainable energy solutions to address global climate challenges. The establishment of hydrogen trade corridors between Oman and Europe is a strategic initiative that could position Oman as a key player in the European energy market. Cultural ties between Oman and the Netherlands are also flourishing. Events such as the Dutch Travel Week provide platforms for showcasing Omani culture and tourism potential. Educational exchanges are growing as well. Oman and the Netherlands also enjoy a multifaceted partnership spanning key areas such as energy transition, particularly green hydrogen, as well as water management and sustainable logistics. The long-standing collaboration between the Port of Rotterdam and Sohar Port and Freezone, alongside the presence of Dutch company APM Terminals in Salalah Port, reflects a shared commitment to strengthening global trade networks and supply chain resilience. The visit of former Queen Beatrix to Oman in 2012, along with various ministerial exchanges over the years, laid solid foundations for collaboration and reaffirmed the depth of bilateral relations and shared priorities in trade, investment and sustainable development. His Majesty's state visit represents a crucial step forward in strengthening bilateral relations rooted in history, mutual respect and shared goals for sustainable development. As both nations look towards future collaboration across multiple sectors - ranging from trade to renewable energy - their partnership stands poised to contribute significantly to regional stability and prosperity.
