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September 18, 2018

Operating results of Batumi Sea Port Ltd

dry cargo

Cargo turnover of BSP for the reporting period amounted to 791 135 tons, which exceeds the volume of transshipment for the same period in 2017 by 70% or 324 725 tons.

In the reporting period, goods showed positive dynamics being totally increased by 377 589 tons, while 37% of this increase was provided by additional volumes of ammonium nitrate. The following indicators are increased as well: metal products (Steel reinforced bars)– 42%, packaged goods (laminate) – 29%, liquid cargo (oils) -9 %, Also soybean was added in the list of processed goods.

Statistics and dynamics of the past years , as well as trends in the global market make it possible to predict the growth of cargo turnover in the coming years.

In order to increase cargo turnover in the future, Batumi Sea Port considers the investment project with the company of Wondernet. This project envisages the construction of transit terminals and storage facilities for the purpose of obtaining, storing and loading mineral fertilizers from Central Asia. The terminal's project production capacity allows processing of mineral fertilizers up to 1 200 000 tons per year. At this stage proceeds the development and preparation of design estimates.
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