Latest news with #Rotterdam
Daily Mail
4 days ago
- Business
- Daily Mail
Aston Villa win race to sign teenager Zepiqueno Redmond from Feyenoord after agreeing four-year deal
Aston Villa are set to sign teenage striker Zepiqueno Redmond on a free transfer from Feyenoord. The 18-year-old has agreed a four-year contract at Villa Park, which will begin on July 1 after his current deal with the Dutch club expires. Redmond made four Eredivisie appearances for Feyenoord's first team last season and also featured in the Champions League, playing against AC Milan and Inter at the San Siro. Born in Rotterdam, Redmond joined Feyenoord's academy in 2019 after impressing at several local clubs including CVV Zwervers and ADO Den Haag. He quickly gained a reputation as a prolific goalscorer at youth level. In one season alone, Redmond is said to have scored 80 goals across all competitions, drawing the attention of several European clubs. Tottenham, Bournemouth and AC Milan have all tracked his progress, but it is Villa who have won the race for his signature. Redmond made his senior debut for Feyenoord in November at just 18 years and 141 days old, becoming the youngest player to start a league match for the club since Orkun Kokcu in 2018. Redmond scored his first senior goals for Feyenoord in December when he bagged brace in the Dutch Cup against MVV Maastricht. He has represented the Netherlands at U16, U17, U18 and U19 levels.
Bloomberg
4 days ago
- General
- Bloomberg
Rotterdam's Migration Museum Opens Amid Split on Immigrant Sentiment
A new museum in Rotterdam is dedicated to human migration, featuring a 30-meter spiral steel staircase nicknamed 'the tornado' depicting the twists and turns of the migrant journey. The Fenix Museum of Migration, opened on May 15, is full of personal artifacts, including artwork from a Syrian refugee and a roomful of suitcases sourced from migrants to and from Europe's biggest port city — where over half the population is a first- or second-generation immigrant. The museum is particularly provocative at a time when the Netherlands is experiencing rising anti-immigrant sentiment, with the government pledging last year to implement the 'strictest asylum policy ever,' Charlotte Hughes-Morgan reports. Today on CityLab: A Migration Museum Opens in a Hotbed of Anti-Immigrant Sentiment
Bloomberg
4 days ago
- Business
- Bloomberg
Glencore Buys Russian Copper on LME to Feed Tight Chinese Market
Glencore Plc has been buying Russian copper on the London Metal Exchange and plans to deliver it into China, in a trade that highlights a squeeze on supplies in the world's largest copper consumer. In the past three trading sessions there have been requests for delivery of about 15,000 tons of copper from LME warehouses in Rotterdam, according to exchange data, drawing down available exchange inventories to the lowest in a year. Glencore was the key trader behind those withdrawal requests and is making plans to deliver the metal, which is Russian in origin, to China, according to people familiar with the matter.
Yahoo
6 days ago
- 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
The Guardian
6 days ago
- Business
- The Guardian
The Haves and Have-Yachts by Evan Osnos review – inside the world of the ultrarich
Nothing says so much about a superyacht or its owner, writes Evan Osnos, as its LOA. The initials stand for 'length over all' – or what one aficionado he interviewed calls 'phallic sizing'. Amazon founder Jeff Bezos, before he got the idea of sending celebrities like Katy Perry into space, commissioned a $485m yacht called Koru. With its towering masts, the 127 metre-long boat proved too tall to pass beneath Rotterdam's famous Koningshaven Bridge, and while its manufacturers suggested dismantling the bridge, rather than the yacht, the heroes of that particular story – the Dutch – refused. I had a similar problem recently. Delivery people couldn't remove our old fridge because we had, in the interim, narrowed the hall with an understairs cupboard. In that moment, I identified with Bezos. True, as Osnos reports, one well-stocked diesel yacht can produce as much greenhouse gas as 1,500 passenger cars, while my broken fridge produces none, but the parallel remains. In this droll and timely analysis of extreme wealth, New Yorker staff writer Osnos notes that superyacht demand is outstripping supply. In some countries you have to wait for bread, water or inoculations; in others for giant sea-going vessels. In 1990, there were 66 US billionaires; by 2023 there were over 700, an increase of more than 1,000%. In the same period, the number of US yachts measuring longer than 76 metres has gone from 'less than 10 to more than 170'. Median US hourly wages, in contrast, have risen by just 20%. Maths is not my strong suit, but this suggests inequality is spiralling. There's also a spiralling inequality in political power. Trump postures as a president for blue-collar Americans, but the people who shared the stage when he took his oath of office on 20 January tell another story. In that symbolic moment Elon Musk, Mark Zuckerberg, Bezos and Sergey Brin showed their influence was rising with their net worth. 'The world watched America embrace plutocracy without shame or pretence,' writes Osnos. Meanwhile, shame and pretence are in plentiful supply elsewhere. One yacht owner tells Osnos: 'No one today – except for assholes and ridiculous people – lives on land in what you would call a deep and broad luxe life. Yes, people have nice houses and all of that, but it's unlikely that the ratio of staff to them is what it is on a boat. Boats are the last place that I think you can get away with it.' In other words, the modern versions of Hearst Castle and Blenheim Palace are discreetly mobile, able to whisk themselves out of sight at a moment's notice. It dovetails nicely with a political agenda best articulated by Peter Thiel. The venture capitalist, Osnos reports, gave start-up capital to the Seasteading Institute, which seeks to create floating mini-states – part of his libertarian project to 'escape from politics in all its forms'. And, presumably, to 'get away with it'. In any event, it's not just how big your superyacht is, but what you put inside it. The latest fashions include Imax theatres, ski rooms where guests can suit up for a helicopter trip to a mountaintop, and hospital equipment that enables onboard pathogen tests. That last detail is key: Covid accelerated the desire of the super-rich to get away by any means necessary from, with due respect, plebs like you and me. The have-yachts seem to be following the Thorstein Veblen playbook. When the economist wrote The Theory of the Leisure Class in 1899, he argued that the power of 'conspicuous consumption' involved revelling in showy wastefulness. You'll be wanting a personal submarine for your yacht, not to mention eel and stingray leather for its upholstery. Osnos lists what can be delivered to your watery fastness: Zabar's bagels, rare melons from Hokkaido, Dom Pérignon, sex workers. Ocado needs to up its game. Sign up to Inside Saturday The only way to get a look behind the scenes of the Saturday magazine. Sign up to get the inside story from our top writers as well as all the must-read articles and columns, delivered to your inbox every weekend. after newsletter promotion There's just one problem. Superyachts are a terrible asset class in that they lose value faster than you can say bonfire of the vanities. 'Owning a superyacht is like owning a stack of 10 Van Goghs,' argued the Financial Times, 'only you are holding them over your head as you tread water, trying to keep them dry.' But then again, as Veblen understood, maybe that's part of the point? The Haves and Have-Yachts: Dispatches on the Ultrarich by Evan Osnos is published by Simon & Schuster (£22). To support the Guardian, order your copy at Delivery charges may apply.
