Also in October 2022, which was a very important and productive month, the maritime economy forum Gdynia 2022 took place in the city of Gdynia, where international speakers discussed the geopolitical situation, new maritime technology, maritime logistics, sea ports, renewable energy, and the yachting industry. Among many notable guest were also Mayor of Gdynia Pan Sławomir T. Kalicki, Ambasador Republic of Malta, Ambassador of Kingdom of Denmark, President of the Management Board – Port of Gdynia.

What does GEMINI think about renewable energy?

A growing number of technical and geographic challenges that have an impact on the entire industry are present in the energy sector today, along with a changing and competitive environment. Since proper logistics planning and execution can be a key factor in a project’s success, logistics has become a crucial component in the industry. GEMINI designs and implement the best logistics strategy for an industrial project in collaboration with the customer.

What does GEMINI think about the impact of post-pandemic crisis on global supply chain disruption?

Businesses have been made aware of the vulnerability of global supply chains by the COVID-19 pandemic. Increased demand, trade restrictions, factory closures, rising freight costs, and reliance on “just-in-time” inventory systems have resulted in global shortages and inflation.

What does GEMINI think about the current geopolitical situation and its impact to logistics?

The sustainability of the EU’s (European Union) energy supply may be threatened by the recent economic sanctions against Russia. Fossil fuels continue to play a significant part in the EU’s energy policy despite the EU’s strong commitment to strict abatement targets. Furthermore, the EU’s reliance on Russian energy supplies highlights the EU’s vulnerability in terms of energy security. Using a global computable general equilibrium model, we demonstrate that the current EU embargo on Russian coal and oil imports will have a negative supply effect, significantly increasing energy prices and welfare costs for EU residents. While reducing emissions, expanding the embargo to include natural gas doubles the welfare cost. Given the current constraints, the use of coal is likely to increase, particularly in EU electricity generation.