Bulk cargo terminal will be built at Baku Port - official
It is expected to launch the construction of a bulk cargo terminal at the Azerbaijan's Baku Port in the near future, Taleh Ziyadov, General Director of Baku International Sea Trade Port CJSC, said on Monday, News.Az reports.
According to Ziyadov, the work on attracting investors and project work has already been completed.
By the end of 2022, over 6.3 million tons of cargo were handled through the Baku port, which indicates an increase of 14 percent year-on-year. Moreover, at the end of last year, almost 52,300 TEU (the twenty-foot equivalent unit) containers were handled, which is 16 percent more than in the preceding year. The steady growth of the container transshipment rate points to the need in the medium and long term for the construction of a large container terminal, which will increase the capacity from 100,000 to 500,000 TEU containers.
In 2022, the Port of Baku handled over 6.3 million tons of cargo, which is 14 percent more than in 2021. Moreover, the number of transported TEU containers reached 52,300 in the reporting period, which is 16 percent more than in 2021.
The steady growth of container transportation indicates the need for the medium- and long-term construction of a large container terminal, which would increase the throughput from 100,000 to 500,000 TEU containers.