Ecological tracks. A transformative vision presented at the New Silk Road Business Forum in Astana
The New Silk Road business forum was held in Astana, the main topic of which was the integration of transport systems and the development of the Middle Corridor route. Read more →
Baltic Hub inefficient. Problems at the port of Gdańsk
From the beginning of October this year. There is an Italian strike of employees at the Gdańsk Baltic Hub port, which results in serious operational problems. Container ship jams at the port roadside lead to significant delays in deliveries. One of the main problems is the lack of workers to operate the port square. Read more →
New goals of the Silk Road Initiative presented by President Xi Jinping
In Chinese President Xi Jinping's speech at the opening ceremony of the Belt and Road Forum for International Cooperation, he outlined eight new strategic goals for the BRI - many of them closely linked to Beijing's goals to achieve "high-quality" growth in the coming years. Read more →
Floating LNG Terminal in the Port of Gdansk
GAZ-SYSTEM has entered into important agreements with the Port of Gdańsk and the Maritime Office in Gdynia regarding the construction of a strategic FSRU floating LNG terminal in the Bay of Gdańsk, which is of key importance for Poland's energy security. This investment is aimed at diversifying the sources of natural gas supplies to the country and securing over 30% of the national demand. An FSRU is an LNG storage vessel that converts liquefied gas into gas and delivers it to the transmission network.
News from the New Silk Road July 24, 2023
The ban on transshipment of Ukrainian grain in the port of Odessa will not only lead to significant losses for Ukraine, but will also affect related enterprises around the port. The road transport market is facing challenges. The number of inquiries is high, but the actual fulfillment of orders is low. E-commerce road transport has seen a drastic 90% year-on-year decline, prompting many road operators to return to the pre-2019 model of transport between China, Central Asia and Russia. Around 70% of Chinese citizens' savings are invested in real estate (houses), but the current number of homes is enough for 3-4 billion people. As a result, housing prices are falling. People are cautious about spending due to various uncertainties, and China is showing signs of deflation in June.
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