Port of Baku increases cargo handling capacity
By Sara Israfilbayova
Six new overhead cranes will be installed in the Baku International Sea Trade Port in Azerbaijan’s Alat settlement by mid-2018.
Delivery and installation of the cranes will be fully completed by mid-2018,” reads the report on implementation of measures reflected in the Strategic Road Map for Development of Logistics and Trade in Azerbaijan.
The Port of Baku is located on an area of 400 hectares (ha) of land, of which about 100-115 ha cover the area for the development of the international Logistics and Trade Zone. The northern areas around the port are reserved for future expansion of logistics, industrial, and manufacturing activity.
The Port is expected to become one of the leading trade and logistics hubs of Eurasia. The implementation of all 3 phases of construction is projected to increase the capacity up to 7,660 tons on a daily basis.
In addition, an initial master plan for the port’s construction has been optimized together with experts, the project has been amended, and the port’s cargo handling capacity has been increased from 10 million tons or 50,000 TEU [twenty-foot equivalent units] to 15 million tons or 100,000 TEU.
The second stage will provide for the handling of 17 million tons of freight and 150,000 of containers, while the implementation of the final stage is projected to increase the capacity up to 25 million tons of freight and 1 million of containers.
The Port of Baku signed a Memorandum of Understanding (MoU) on technical cooperation in Singapore with SMRT International Pte Ltd and Ectivise Solutions Pte Ltd to enhance the operational effectiveness of the new Port of Baku in Azerbaijan.
The two Singapore-based companies will advise and support the Port of Baku in its efforts to introduce new technologies and innovative solutions in the Port and Free Trade Zone operations.
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