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Baku International Sea Trade Port Sees Cargo Turnover Up 20% In 2020

Baku International Sea Trade Port sees cargo turnover up 20% in 2020

Source: Port of Baku
Baku, Azerbaijan (PortSEurope) March 2, 2021 – Director General of Baku International Sea Trade Port CJSC Taleh Ziyadov has held an online meeting with members of the American-Azerbaijani Chamber of Commerce (AMCHAM), which comprises about 300 companies. Presenting the port’s results for 2020, the Director General said that despite the COVID-19 pandemic, cargo turnover of Baku Port increased by 20%. The number of large vehicles (TIRs)
and containers overturned in that year was at a record level for the last 30 years. During the reporting period, the number of large vehicles (TIR) ​​increased by 28% compared to the same period last year and amounted to 43,218. The number of exported containers increased by 15% and reached 40,345 containers in TEU equivalent. The volume of cargo transported at the dry cargo terminal increased 2.8 times and amounted to 711,700 tons. Thus, compared to the last five years, there was a 5-fold increase in the volume of large vehicles (TIR), three times in containers, and 3.5 times in the volume of cargo transported in the dry cargo terminal. It was brought to the attention of the meeting participants that on January 15, 2021, Baku Port signed a Memorandum of Understanding with APEC Port Training Center of Antwerp Port, the second largest port in Europe. According to the document, the center will provide training on topics such as the environment and occupational safety, improvement of trade and operational processes, innovation and digitalization. Director General Taleh Ziyadov said that the trainings covered a wide range of areas and invited AMCHAM members to participate in the trainings. It was noted that the participants will be able to get acquainted with the activities of the Antwerp and North Seaport, the international logistics center and the customs service of the area for 5 days. The Director General also briefed the audience on the Baku Port’s development strategy for the next two years, agreements reached with leading logistics hubs and transport companies in Asia and Europe, and innovations in the region’s transport sector. The Port of Baku is situated at the crossroads of the new Silk Road and major transportation corridors. Its vision is to become the major intermodal logistics hub at the heart of Eurasia and develop into a world-class port. Copyright (C) PortSEurope. All Rights Reserved. 2021.

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