Energy prices: shipping hold-ups made the 2022 spike worse – and could do so again

By Stavros Karamperidis, Lecturer in Maritime Economics, University of Plymouth
Konstantinos D. Melas, Postdoctoral Researcher in Supply Chain Finance, University of Western Macedonia

Germany and some other EU countries are hastily setting up new floating gas terminals at their ports to help cope with the severe reduction in natural gas exports from Russian pipelines since the Ukraine war started nearly two years ago. To make up the shortfall, they have been buying more liquefied natural gas (LNG) from other countries, including the…

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