The Turkmenistan Merchant Marine reports that the total volume of international cargo traffic increased by 23.8% year-on-year from January to October 2023.
The number of TEU (twenty-foot equivalent unit) containers transported through the modern port of Turkmenbashi increased by 265.9% year-on-year to 3,271 units.
A total of 1.884mn tonnes of cargo was transported during the reporting period. Cargo turnover since the beginning of the year reached 789.134mn tonne-kilometres, which is 20.1% higher than last year's figure. Passenger traffic increased by 58.7%.
The modern Caspian port, which has expanded access to European countries and markets in the Middle East, began operations in 2018. The $1.5bn project was implemented by Gap Inşaat (Turkey).
The total capacity of the port, excluding oil products, is 17mn tonnes of various cargoes per year. There are four terminals on an area of more than 150 hectares: general cargo, containers, bulk cargo and car ferries.
Experts told Daryo that Turkmenistan, with its access to the Caspian Sea, seeks to maximise the potential of the region's international transport and transit corridors.
Ashgabat and Tashkent are discussing options for creating favourable conditions for cooperation, believing that the Turkmenbashi port could be used as part of the transnational route China-Kyrgyzstan-Uzbekistan-Turkmenistan-Azerbaijan-Georgia-Turkey-Europe.