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Baku, the capital of Azerbaijan, is situated on the Caspian Sea. In terms of the fleet, Azerbaijan is the second to Russia only in the Caspian basin. In addition to the existing port in Baku, Azerbaijan has signed a deal with South Korea's GS Engineering & Construction for Baku International Trade Seaport Project which aims to build a new trade port in Alat, a suburban area near Baku.

The project will have three overlapping phases- 2008-2011, 2011-2013 and 2012-2015. There will be 11 berths, of which 6 will be constructed at the first phase.

The port will handle 11.6 million tons of cargo in 2015. wwwelminmail@gmail.com

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17y ago

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