Azerbaijan Port Assessment
Sea and water cargo transportation have vital importance for Azerbaijan, especially in regions where road and rail connections are disputed. Azerbaijan has direct maritime connections only with other Caspian littoral states (Iran, Kazakhstan, Russia, and Turkmenistan). However, the Volga-Don canal provides a maritime access to the high seas. The main activity is transport of cargo, mainly of oil and oil products. Shipping regions are Caspian, Black, Mediterranean and Marmara Seas. The main shipping company owes 72 ships, 37 of which are tankers (including 1 water-carrier).
Baku International Marine Trade Port is the largest port on the Caspian Sea. Its ferry terminal underwent a major reconstruction supported by a US$16.2 million loan from EBRD. It is now able to handle 30 million tons of freight a year. The Caspian Sea provides vital transport links with other countries and is being used to ship oil until various pipeline projects are completed.
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