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ECONOMICS
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Cargo transshipment up by 16% at Baku International Sea Trade Port

06 March 2024 20:07

More than 7.4 million tons of cargo were transported through the Baku International Sea Trade Port in 2023, which is 16 per cent more in annual terms.

The Port of Baku has a throughput capacity of 15 million tons per year, Report informs citing the report on the activity of the Azerbaijani Cabinet of Ministers for 2023.

Thus, the Port of Baku, located on the ancient Silk Road connecting Europe and Asia, is a prime transport and logistics hub of Eurasia. It covers an area of 400 hectares. Being an important segment of the Trans-Caspian International Transport Route, the Port of Baku with its modern operating system provides prompt cargo services, as well as has at its disposal open and covered storage facilities designed for all types of cargo. It is located 70 km from the capital Baku, at the junction of the main railways and highways of Azerbaijan and has 13 berths, including a Ro-Ro, a ferry terminal and a general cargo terminal. With the completion of the first stage of port construction in 2018, its capacity increased to 15 million tons of cargo and 100,000 TEU equivalent containers. A project for the second stage of port construction is also being developed, after the implementation of which its annual throughput capacity can be increased to 25 million tons and 500,000 TEU containers. 

Caliber.Az
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