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Co-authored with Stavros Karamperidis and Nektarios Michail . The paper has been published in the Journal "Commodities" 2024, 3(4), 462-471.

This paper investigates the link between LNG carrier port congestion and energy inflation in the Euro Area using a Bayesian Vector Autoregression (BVAR) framework.

By incorporating freight rates, CO₂ prices, oil prices, and inflation expectations, the analysis shows that LNG port congestion contributes significantly to rising energy inflation, especially during periods of supply chain bottlenecks.

The findings highlight the importance of shipping infrastructure in the transmission of energy-related shocks to consumer prices and offer timely insights into the inflationary consequences of maritime disruptions.