Baku seaport reduces cargo transhipment by more than 10%
Baku, Azerbaijan, Oct. 17
By Emil Ismayilov - Trend:
The Baku International Sea Trade Port transshipped 4.52 million metric tons of various types of cargo in January-September 2014, which is 12 percent lower than the same period last year, a source in the port of Baku told Trend.
In total 6.55 million metric tons of various types of cargo were transhipped in 2013, which is 8 percent more than in 2012.
Some 2,730 metric tons of goods of the total volume of transshipped port in January-September accounted for ferry cargo, which is 14 percent lower compared to the same period in 2013, according to the source.
In January-September dry cargo terminal of the port transshipped 931,000 metric tons of cargo, which is 5 percent less than in the same period last year.
The port processed 1410 TEU (Container ship capacity is measured in twenty-foot equivalent units) containers in January-September, which is 29 percent less than the same period of 2013.
Founded in 1902, the Baku International Sea Trade Port supports maritime trade with the Caspian littoral states. It also has access via the Volga-Don and Volga-Baltic canals to world markets.
The port serves as a link in the transport chain, linking the ports of Georgia on the Black Sea and Central Asian countries. It is a major transportation hub in the Europe-Caucasus-Asia corridor.
The port can process up to 10 million metric tons of liquid cargo and up to 9-10 million metric tons of general cargo annually.