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Gdańsk becomes the main gateway for imports into Ukraine. Constanța and Hamburg complement the logistics map for deliveries
Around 40% of Ukraine’s container market is handled by Baltic Hub in Gdańsk. Poland has become a key logistics base for Ukraine, while growing import needs and investments related to the country’s reconstruction are increasing the importance of rail transport. Alternative routes through Constanța in Romania and Hamburg in Germany make it possible to tailor…
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Oil prices rise again. Brent crude exceeds $116 a barrel as the situation in the Middle East worries markets
Oil prices have started rising again after earlier declines, while investors continue to monitor developments in the Middle East closely. On Tuesday, 27 October, the price of Brent crude rose to around $116 a barrel, while US West Texas Intermediate (WTI) crude traded above $102. Hopes that diplomacy could contain the conflict are clashing with…
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Sterling gains ahead of the autumn budget. Ebury analysts point to a weaker dollar and problems with the euro
The British pound has strengthened against the dollar and the euro following a series of UK economic data releases that came in better than expected. According to Ebury analysts, the currency may maintain its positive momentum ahead of the autumn budget, which is expected to bring limited tax changes and avoid major turbulence in the…
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Germany suspends a CO₂ capture investment. More than €500 million at stake, but the plant will not be built as planned
German building materials producer Heidelberg Materials has suspended the GeZero project, which was intended to enable the capture of up to 700,000 tonnes of carbon dioxide per year at its cement plant in Geseke. The investment, worth more than €500 million, received approximately €191 million in funding from the EU Innovation Fund, but despite public…
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LNG carrier has been waiting off Świnoujście for two days. New gas shipment has reached Poland but cannot be unloaded
Another shipment of liquefied natural gas has arrived at the LNG terminal in Świnoujście, but the tanker has been waiting for two days for permission to enter the facility. The situation highlights the logistical challenges associated with delivering the commodity by sea. The Świnoujście terminal is one of the key components of Poland’s gas system,…