Over recent years, increasingly stringent rules have been introduced to reduce contamination of fuel used in maritime transport. These activities affect the global structure of trade in crude oil and can increase shipping costs.
Gdansk, Europe’s fastest growing port, has unveiled plans to double its cargo volumes to 100 million tons a year. The ancient city is again at the crossroads of history thanks to Singaporean money.
The blockade of Ukrainian ports on the Sea of Azov could have serious consequences for country’s economy. One solution would be to reroute the flow of goods to ports located on the Black Sea.
The Russian Arctic maritime highway, the Northern Sea Route, has recently been in the center of attention, and this is well received in Beijing, which has its own plans for the so-called “Polar silk road”.
During the first 10 months of 2017, nearly 8 million tons of cargo was shipped along the Northeast Passage, already surpassing last year’s record by 8,3 per cent.
The Croatian Restructuring and Sale Centre sold almost 21 per cent of shares of the Port of Rijeka. They were bought by the Polish company OZ Logistic for EUR15m.
The Polish Baltic ports of Świnoujście, Szczecin, Gdansk and Gdynia are set for expansion in infrastructure and carrying capacity.