Latest news with #Rotterdam-based
Business Times
09-07-2025
- Business
- Business Times
Macquarie is said to weigh sale of Singapore petrochemical asset
[HONG KONG] Macquarie Group's asset management arm is considering selling its 50 per cent stake in a chemical storage terminal at Singapore's Jurong Island, according to sources familiar with the matter. Macquarie Asset Management is working with a financial adviser on the potential disposal of the stake in Advario Singapore Chemical, which may attract interest from infrastructure-focused funds and industry players, the sources said, asking not to be identified because the deliberations are private. A stake sale could fetch several hundred million US dollars, the sources said. Sale considerations are at a preliminary stage and no final decisions have been made, they added. A representative for Macquarie declined to comment, while Advario did not immediately respond to a request seeking comment. Advario Singapore Chemical is a joint venture between Macquarie and Rotterdam-based liquid storage logistics firm Advario BV. The terminal has about 409,000 cubic metres of storage capacity and more than 80 tanks, according to a presentation on Advario's website. It handles products including clean petroleum, gases, lubricants and petrochemicals, and offers services such as cooling & heating, blending, pipeline connection tank-to-tank transfer, truck and vessel loading and unloading. A potential deal for Advario Singapore Chemical would follow other recent ones in Singapore. In September, Advario said it took full control of Advario Helios Singapore, acquiring the remaining stake in the terminal from Macquarie Helios Holdings. The facility has 503,000 cubic metres of storage capacity for a range of fuels and industrial gases. BLOOMBERG
Straits Times
09-07-2025
- Business
- Straits Times
Macquarie said to weigh sale of stake in Singapore petrochemical storage terminal
Sign up now: Get ST's newsletters delivered to your inbox Sale of the 50 per cent stake in Advario Singapore Chemical could fetch several hundred million dollars, sources said. SINGAPORE - Macquarie Group's asset management arm is considering selling its 50 per cent stake in a petrochemical storage terminal at Singapore's Jurong Island, according to people familiar with the matter. Macquarie Asset Management is working with a financial adviser on the potential disposal of the stake in Advario Singapore Chemical, which may attract interest from infrastructure-focused funds and industry players, the people said. A stake sale could fetch several hundred million dollars, the people said. Sale considerations are at a preliminary stage and no final decisions have been made, they added. A representative for Macquarie declined to comment, while Advario didn't immediately respond to a request seeking comment. Advario Singapore Chemical is a joint venture between Macquarie and Rotterdam-based liquid storage logistics firm Advario BV. The terminal has about 409,000 cubic metres storage capacity and more than 80 tanks, according to a presentation on Advario's website. It handles products including clean petroleum, gases, lubricants and petrochemicals, and offers services such as cooling & heating, blending, pipeline connection tank-to-tank transfer, truck and vessel loading and unloading. A potential deal for Advario Singapore Chemical would follow other recent ones in Singapore. In September, Advario said it took full control of Advario Helios Singapore, acquiring the remaining stake in the terminal from Macquarie Helios Holdings. The facility has 503,000 cubic metres of storage capacity for a range of fuels and industrial gases. BLOOMBERG
Fox Sports
16-06-2025
- Politics
- Fox Sports
Inquiries say social media fueled violence after a Maccabi-Ajax soccer match
Associated Press THE HAGUE, Netherlands (AP) — Social media posts coupled with a lack of official information fueled the violence that followed a Maccabi Tel Aviv soccer match in Amsterdam last year, two inquiries into the events said in reports Monday. Dozens were arrested and five people were treated in hospital in a series of violent overnight incidents following a November match between the Dutch team Ajax and Maccabi Tel Aviv. 'The events have left their mark on the city and led to fear, anger and sadness,' Amsterdam Mayor Femke Halsema wrote in a letter to the city council presenting one of the reports. Ahead of the game, pro-Palestinian demonstrators were banned by local authorities from gathering outside the stadium, and video showed a large crowd of Israeli fans chanting anti-Arab slogans on their way to the game. Afterward, youths on scooters and on foot crisscrossed the city in search of Israeli fans, punching and kicking them and then fleeing quickly to evade police. The Rotterdam-based Institute for Safety and Crisis Management, tasked by the Amsterdam government to investigate the response to the violence, said the lack of official communication from the city allowed rumors on social media to flourish. It noted that there was little to no official communication during the early hours of Nov. 8, in part because the situation was so unclear. In a separate report, the inspectorate for the Justice Ministry concluded that the police were prepared for large-scale demonstrations, not the 'flash attacks' perpetrated across the city and sparked by social media. 'Calls and images spread rapidly, reinforce existing tensions and can lead to group formation and confrontations on the street within a short period of time,' the 57-page report found. Both reports cautioned that even with improved communication, the authorities still could not have fully controlled the rapidly spreading violence. The Justice Ministry's report noted that "incidents, such as the removal of a Palestinian flag by Maccabi supporters, were shared, interpreted and magnified within minutes." More than a dozen people have been charged in connection with the violence and several have already been convicted. Over the weekend, the public prosecution service announced it had dropped investigations into several Maccabi supporters because the city's tram company GVB had deleted footage which could have been used as evidence. The company replaced recording equipment at two metro stations in Amsterdam after the attacks and footage from the night was lost. On Sunday, tens of thousands of demonstrators in the Netherlands donned red clothing and marched through The Hague, demanding that the Dutch government do more to oppose Israel's policies in Gaza. Dutch public support for the Israeli military campaign has dropped in recent months. in this topic
San Francisco Chronicle
16-06-2025
- Politics
- San Francisco Chronicle
Inquiries say social media fueled violence after a Maccabi-Ajax soccer match
THE HAGUE, Netherlands (AP) — Social media posts coupled with a lack of official information fueled the violence that followed a Maccabi Tel Aviv soccer match in Amsterdam last year, two inquiries into the events said in reports Monday. Dozens were arrested and five people were treated in hospital in a series of violent overnight incidents following a November match between the Dutch team Ajax and Maccabi Tel Aviv. 'The events have left their mark on the city and led to fear, anger and sadness,' Amsterdam Mayor Femke Halsema wrote in a letter to the city council presenting one of the reports. Ahead of the game, pro-Palestinian demonstrators were banned by local authorities from gathering outside the stadium, and video showed a large crowd of Israeli fans chanting anti-Arab slogans on their way to the game. Afterward, youths on scooters and on foot crisscrossed the city in search of Israeli fans, punching and kicking them and then fleeing quickly to evade police. The Rotterdam-based Institute for Safety and Crisis Management, tasked by the Amsterdam government to investigate the response to the violence, said the lack of official communication from the city allowed rumors on social media to flourish. It noted that there was little to no official communication during the early hours of Nov. 8, in part because the situation was so unclear. In a separate report, the inspectorate for the Justice Ministry concluded that the police were prepared for large-scale demonstrations, not the 'flash attacks' perpetrated across the city and sparked by social media. 'Calls and images spread rapidly, reinforce existing tensions and can lead to group formation and confrontations on the street within a short period of time,' the 57-page report found. Both reports cautioned that even with improved communication, the authorities still could not have fully controlled the rapidly spreading violence. The Justice Ministry's report noted that "incidents, such as the removal of a Palestinian flag by Maccabi supporters, were shared, interpreted and magnified within minutes." More than a dozen people have been charged in connection with the violence and several have already been convicted. Over the weekend, the public prosecution service announced it had dropped investigations into several Maccabi supporters because the city's tram company GVB had deleted footage which could have been used as evidence. The company replaced recording equipment at two metro stations in Amsterdam after the attacks and footage from the night was lost. On Sunday, tens of thousands of demonstrators in the Netherlands donned red clothing and marched through The Hague, demanding that the Dutch government do more to oppose Israel's policies in Gaza. Dutch public support for the Israeli military campaign has dropped in recent months.
Hamilton Spectator
16-06-2025
- Politics
- Hamilton Spectator
Inquiries say social media fueled violence after a Maccabi-Ajax soccer match
THE HAGUE, Netherlands (AP) — Social media posts coupled with a lack of official information fueled the violence that followed a Maccabi Tel Aviv soccer match in Amsterdam last year, two inquiries into the events said in reports Monday. Dozens were arrested and five people were treated in hospital in a series of violent overnight incidents following a November match between the Dutch team Ajax and Maccabi Tel Aviv. 'The events have left their mark on the city and led to fear, anger and sadness,' Amsterdam Mayor Femke Halsema wrote in a letter to the city council presenting one of the reports. Ahead of the game, pro-Palestinian demonstrators were banned by local authorities from gathering outside the stadium, and video showed a large crowd of Israeli fans chanting anti-Arab slogans on their way to the game. Afterward, youths on scooters and on foot crisscrossed the city in search of Israeli fans, punching and kicking them and then fleeing quickly to evade police. The Rotterdam-based Institute for Safety and Crisis Management, tasked by the Amsterdam government to investigate the response to the violence, said the lack of official communication from the city allowed rumors on social media to flourish. It noted that there was little to no official communication during the early hours of Nov. 8, in part because the situation was so unclear. In a separate report, the inspectorate for the Justice Ministry concluded that the police were prepared for large-scale demonstrations, not the 'flash attacks' perpetrated across the city and sparked by social media. 'Calls and images spread rapidly, reinforce existing tensions and can lead to group formation and confrontations on the street within a short period of time,' the 57-page report found. Both reports cautioned that even with improved communication, the authorities still could not have fully controlled the rapidly spreading violence. The Justice Ministry's report noted that 'incidents, such as the removal of a Palestinian flag by Maccabi supporters, were shared, interpreted and magnified within minutes.' More than a dozen people have been charged in connection with the violence and several have already been convicted. Over the weekend, the public prosecution service announced it had dropped investigations into several Maccabi supporters because the city's tram company GVB had deleted footage which could have been used as evidence. The company replaced recording equipment at two metro stations in Amsterdam after the attacks and footage from the night was lost. On Sunday, tens of thousands of demonstrators in the Netherlands donned red clothing and marched through The Hague , demanding that the Dutch government do more to oppose Israel's policies in Gaza . Dutch public support for the Israeli military campaign has dropped in recent months. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
