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Baku International Sea Trade Port reduces cargo transshipment by 14%

Business Materials 14 January 2015 16:39 (UTC +04:00)

Baku, Azerbaijan, Jan. 14

By Emil Ismayilov - Trend:

The Baku International Sea Trade Port transshipped 5.46 million metric tons of various types of cargo in January-November 2014, which is 14 percent less than in the same period of 2013, a source in the port told Trend Jan. 14.

In total 6.55 million metric tons of various types of cargo were transshipped in 2013, which is 8 percent more than in 2012.

Some 3.35 million metric tons of goods of the total volume of transshipped port in January-November accounted for ferry cargo, which is 13 percent less compared to the same period in 2013, according to the source.

In January-November dry cargo terminal of the port transshipped 1.08 million metric tons of cargo, which is 8 percent less than in the same period of 2013.

The port processed 1,970 TEU (Container ship capacity is measured in twenty-foot equivalent units) containers in January-November, which is 8 percent less than in 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.

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Edited by CN

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