Port of Baku increases cargo traffic by 20% in 2020

Baku, Azerbaijan (PortSEurope) January 19, 2021 - Baku International Sea Trade Port (Baku Port) registered total cargo of 4.8 million tons in 2020, up over 20% on the previous year. The share of transit cargo was 87% of the total cargo. It should be noted that the number of large-capacity vehicles (TIR) and containers transported in 2020 was at a record level for the last 30 years. During the reporting period, the number of large vehicles (TIR) increased by 28%, amounting to 43,218. Of these, 27,934 (65%) moved in the direction of Baku-Turkmenbashi-Baku, and 15,284 (35%) moved in the direction of Baku-Kuryk-Baku. 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 5 years, there has been a 5-fold increase in the volume of large vehicles (TIR), 3 times in containers, and 3.5 times in the volume of cargo transported in the dry cargo terminal. Another significant increase was recorded in the volume of oil and oil products transported at the Dubandi oil terminal. Thus, the volume of oil and oil products exported in 2020 increased by 1.5 times compared to 2019 and amounted to 498,577 tons. There was a partial decrease in car tarffic at the ferry terminal of Baku Port. Thus, compared to 2019, the number of wagons in 2020 decreased by 15% to 37,447 units. Of these, 19,761 wagons moved in the direction of Baku-Turkmenbashi-Baku (53%), and 17,686 wagons in the direction of Baku-Kuryk / Aktau-Baku (47%). The port also notes that in 2020, due to border restrictions imposed by the COVID-19 pandemic, there was a decrease in passenger traffic and amounted to 25,609 people.The analysis of the COVID-19 pandemic was carried out operatively by professional medical staff at the Baku Port, and a similar experience was applied at the Red Bridge border checkpoint, which includes most foreign drivers. In 2020, 21,599 participants in international cargo transportation (truck drivers), of whom 14,411 passed the COVID-19 test at the Baku Port and 7,188 at the Red Bridge. Baku port is part of the Trans-Caspian International Transport Route (TITR), also known as the Middle Corridor, which combines the countries participating in the new Silk Road project and important players of the region. Its members are leading maritime and transport companies from Kazakhstan, Azerbaijan, Georgia, Ukraine, China and Turkey. The organisation aims to popularise the middle corridor, accelerate and simplify cargo transportation procedures between Asia and Europe, and make special preferential tariffs. Between East and West, in terms of cargo, the middle corridor helps to compete with the north-south routes. TITR allows European companies to bypass Russia, which until now sanctions the transit of certain types of goods through the country. A number of Russian entities are under sanctions from the international community following Russia’s annexation of the Crimea in 2014. The importance of this route was underlined with the inclusion of Georgia and Azerbaijan in the European Union (EU) TEN-T network. Source: Port of Baku Copyright (C) PortSEurope. All Rights Reserved. 2021.

Port of Baku increases cargo traffic by 20% in 2020

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Port of Baku increases cargo traffic by 20% in 2020

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