ECONOMY
Baku International Sea Trade Port to receive 8m tons of cargo at preliminary stage
Baku, December 9 (AZERTAC). Azerbaijani deputy transport ministry Musa Panahov has said the Baku International Sea Trade Port will receive eight million tons of cargo at the preliminary stage.
“At this stage, the port will be capable of receiving 8 million tons of cargo and 50 high tonnage containers,” he told journalists.
“In the future we plan to increase the capacity to 25 million tons of cargo and one million containers.”
The Baku International Sea Trade Port was founded in 1902 and since it has always been the largest and the most important of Caspian Sea ports.
From a couple of modest wooden jetties and a handful of dockers in its first days the port has been constantly developing over the century and now plays an important role in trans - Caspian trade and is the main marine gateway to Azerbaijan.
The port operates year-round and as a vital transit point in Europe-Asia trade that is being promoted within Traceca - Restoration of the Historic Silk Route project.
The Baku International Sea Trade Port is comprised of Main Cargo Terminal, Dubendy Oil Terminal, Ferry Terminal and Passenger Terminal. The port`s throughput capacity has been constantly growing and reaches up to 15 million tons of liquid bulk and up to 10 million tons of dry cargoes.
Due to its modern facilities and year-round accessibility the port maintains its competitiveness and is widely used by international traders.