Friday, May 24, 2024

ESG impact on the M&A market

Sylwia Ziemacka talks to Dr Fabian Elzanowski, an attorney with over 12 years of experience in M&A and corporate law and a founding Partner...

Asia’s Poland meets Europe’s Korea

Poland and Korea were both ruled by foreign powers at the start of the 20th century, Poland partitioned between Austria, Germany and Russia, and...

Terra Electrorecycling plant now operational

Terra Electrorecycling, part of the Elemental Group, has opened a modern e-waste processing plants in Poland in Grodzisk Mazowiecki. The new installation will enable...

The Transformative Power of EdTech

In this enlightening video, we delve into the critical role of digital transformation in reshaping education systems globally. With education facing numerous challenges, the...

75 is the new 65

Age no longer bothers companies Every fifth employer (22%) plans to employ seniors, according to a study by the Progres Group. This number may increase...

Orlen’s New LNG Carriers

New LNG gas carriers “Józef Piłsudski” and “Ignacy Paderewski” owned by ORLEN group will start service in 2025 increasing the group’s LNG fleet to six ships.  Construction of both carriers in Hyundai Samho Heavy Industries shipyard is on schedule and expected to end in first half of 2025. Like the group’s previous carriers, “Lech Kaczyński”, “Grażyna Gęsicka”, “Saint Barbara” and “Ignacy Łukasiewicz”, the new ones will carry about 70,000 tons LNG and their size will enable them to enter almost all terminals in the world. Their technology is environmental-friendly i.a. with integrated power management and reliquefication system. Like the four present Orlen’s ships they will be operated under a long-term charter agreement with Knutsen OAS Shipping for free-on-board (FOB) contracts. In 2023 Orlen received 62 LNG loads at total of 4.66 million tons ensuring its independence in global market.

Marek Gizmajer
Marek Gizmajer
High-tech journalist