Will Batumi and Poti ports satisfy Georgia's market demand in 2020?
BAKU, Azerbaijan, Jan. 16
By Tamilla Mammadova – Trend:
The capacity of the Georgian ports in Batumi and Poti is 650,000 units TEU, Georgi Chugoshvili, financial director of the Anaklia Development Consortium wrote on his Facebook page, Trend reports.
In addition, Chugoshvili noted that these ports will not be able to satisfy market demand of Georgia in 2020.
“In 2019, both ports processed by 167,795 units of TEU more than in 2018. Both ports have released a record number of containers. But they will not be able to satisfy market demand in 2020. Therefore, the port of Anaklia was supposed to begin its work in 2020,” Chugoshvili writes.
In 2019, containerized cargo handling of Georgian ports increased by 42.7 percent year-on -year.
From January through November 2019, 7.9 million tons of cargo were handled in the port of Poti (5.8 million tons of cargo in the same period of 2018), and the volume of processed cargo in the Batumi seaport decreased by 0.5 million tons and amounted to 2.9 million tons.
The volume of cargo handled at seaports and terminals amounted to 15.8 million tons, which is 2 million tons more than in the same period in 2018.
According to the Ministry of Economy, the volume of recycled containers for 11 months of 2019 exceeded the total annual figures for 2018, which amounted to 453,938 TEU.
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