Port of Gdańsk at the anniversary Seatrade Cruise Global fair in Miami

From 7 to 10 April this year, the global passenger cruise industry met in the heart of Miami for the 40th edition of Seatrade Cruise Global – the largest and most important event in the cruise shipping calendar. The Port of Gdańsk, which traditionally represents Poland on the international stage, had to be among this group of exhibitors and business people from all over the world.

Although the Seatrade Cruise Global trade fair is mainly associated with Florida today, its origins date back to 1985, when the first edition of this event was held in New York. The anniversary fair brought together representatives of the largest shipowners, ports and tourist organisations, who discussed the future of passenger cruises, sustainable development and technological innovations.

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Originally published on 18 Apr

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Important investment in the Szczecin port completed

The adaptation of the Grain Quay to a depth of 12.5 m in the port of Szczecin has become a fact. The investment by the Szczecin and Sea Port Authority significantly increased the transshipment capacity of the Grain Quay by being ready to handle larger ships than before – with a draft of up to 11.0 m (i.e. the same ones that can enter Szczecin via the deepened waterway).

Before the investment, the depth at the quay was 10 m. This means that we could handle ships with a maximum draft of up to 8.5-9 m. Now it is two meters more.

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Originally published on 3 Apr

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First Test of an Ocean-Going Vessel at the T3 Quay in Baltic Hub

Baltic Hub has reached another milestone in the implementation of the T3 project. For the first time, an ocean-going container ship – MSC Stacey – was handled at the new T3 quay. This impressive vessel, measuring 365.9 meters in length and with a capacity of 15,000 TEU, arrived in Gdansk on March 30 as part of an additional call, known as an “extra call.”

This event is of great importance both for Baltic Hub and the entire Pomeranian region. The commencement of test cargo handling at the T3 quay confirms that the project is progressing in the right direction and that full operational readiness is drawing closer. The new quay will enable the efficient handling of the world’s largest container ships, strengthening Gdansk’s position as a strategic port on the Baltic Sea.

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Originally published on 31 Mar

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The Estonian cyber security startup Phishbite is aiming to enter neighbouring markets

Tehnopol is part of the joint Northbound Scaleups (NBSCALE) project, which helps companies expand into new markets. The Estonian startup Phishbite went to visit Poland to look at possible target markets.

The goal was to meet at least five possible partners. “Making contacts was quite time-consuming and it was quite difficult to get through to the right people by telephone from here. The meetings we held went well, and we also managed to organise a couple of extra ones on the spot as well as those we had agreed in advance”, said co-founder of Phishbite Urmo Keskel.

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Originally published on 28 Feb

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The Estonian Defence Industry Cluster today introduced the Baltic Drone Wall concept for the first time

The Estonian Defence Industry Cluster today introduced the Baltic Drone Wall concept for the first time, which aims to strengthen the eastern border of the European Union and NATO. It is a cooperation initiative between Poland, Finland, Estonia, Latvia and Lithuania, which is currently joined by DefSecIntel Solutions, Rantelon, Marduk Technologies, Lendurai, Hevi Optronics, Frankenburg Technologies and TELEKONTA.

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Originally published on 28 Feb

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Poland in final stages of submarine negotiations

Poland is in advanced negotiations with six countries to purchase three new submarines under the long-delayed Orka programme, with a decision expected by early 2025, Polish media report.

The defence ministry is in government-to-government talks with France, Germany, Italy, Spain, Sweden and South Korea, evaluating proposals based on submarine capabilities, financing and delivery schedules.

The need to purchase new submarines has been given impetus by mounting concerns over the security of the Baltic Sea following Russia’s unprovoked attack on Ukraine and recent incidents of underwater cables in the Baltic being damaged in suspected acts of sabotage.

In recent weeks, Paweł Bejda, the deputy defence minister, has met with officials in Italy, Germany and Sweden to review offers. Further talks with French representatives are scheduled in the coming weeks, Rzeczpospolita, a Polish news outlet, reported.

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In related news, Sweden, on 13 February, re-launched the HMS Halland, the third of its three Gotland-class submarines to undergo comprehensive mid-life overhauls. The programme began in 2018 and is being used to preview new technology that will be employed in its forthcoming Blekinge-class submarines.

Source: TVP

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Baltic Energy Business Forum

The Baltic Sea plays an increasingly important role in the European energy sector, contributing both to energy security and the ongoing energy transition in the region. At ORLEN, we are committed to initiatives focused on this vital basin and fostering discussions on how to fully harness the Baltic Sea’s potential for the benefit of businesses and societies.

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From Tallinn to Warsaw: Rail Baltica’s progress in Poland strengthens high-speed connectivity across Europe

In the Rail Baltica project, envisioned as a seamless corridor stretching from Warsaw to Tallinn, Poland plays a crucial role as a strategic partner, serving as the gateway connecting Lithuania, Latvia, and Estonia with the broader European rail network. While work on Rail Baltica has been progressing in all three Baltic countries, with 43% of the mainline expected to be construction-ready and actively under development by the end of this year, the Polish section has also experienced continuous development for several years.

Rail Baltica team recently conducted a visit to Poland to assess modernization efforts and observe the progress of the railway line that will connect Poland to the Lithuanian border.

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Originally published on 24 Feb

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Invalda INVL Group raises the largest PE fund in the Baltics exceeding target at first close reaching EUR 305 million

Invalda INVL Group today announces that it has successfully completed a first closing of its second-generation private equity fund (“INVL Private Equity Fund II”), reaching EUR 305 million and exceeding its target of EUR 250 million. The INVL Private Equity Fund II has received strong backing from both existing and new investors, forming an exceptional investor base. This includes some of the most successful entrepreneurs from across the Baltics, family offices and institutional investors such as the European Investment Fund, pensions funds managed by Luminor asset management companies, SB Asset Management and IPAS INVL Asset Management in Latvia, as well as life insurance company UAB SB Draudimas. Fundraising will continue to reach a hard cap of EUR 400 million.

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Originally published on 17 Feb

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ORLEN and Northland Power Commence Construction of Poland’s First Offshore Wind Farm

After months of preparation, a fleet of 11 specialised vessels has mobilised to begin installing the foundations for Poland’s first offshore wind farm in the Baltic Sea. This stage has already seen the successful installation of the first two of a total of 78 monopiles – towering 100-metre steel structures that will support 15 MW wind turbines. These generation units are among the most advanced in the industry, with a portion being manufactured at Vestas’ facility in Szczecin. With a total capacity of 1.2 GW, the Baltic Power wind farm is set to commence operations in 2026, delivering clean, reliable electricity capable of powering over 1.5 million households. Offshore wind is a key element of the ORLEN Group’s new strategy, which targets the deployment of more than 4 GW of installed capacity in the Baltic Sea in partnership with leading industry players.

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Originally published on 6 Feb

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