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            september 22, 2019

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Shipment at SOCAR Terminal exceeds 280,000 TEU on eastern Aegean


The volume of shipments at SOCAR Terminal stood at 280,276,634 TEU, said Trendreports. citing Azerbaijan's state oil company SOCAR, reports Baku-based Trend News Agency.
Located in Aliaga, on the western shores of Turkey, the terminal remains the largest container terminal in Turkey's Aegean Region, with an annual capacity of 1.3 million TEU.
Maersk's APM Terminals completed the divestment of its Izmir container terminal (Petlim) to Azerbaijan's state oil company SOCAR last year.
APM Terminals decided to divest its container terminal to SOCAR as it is better suited to further develop the terminal, according to Maersk.
In March 2019, Petlim was renamed as SOCAR Terminal. SOCAR is the sole producer of petroleum products in Azerbaijan owning over 370 filling stations in Georgia, Ukraine, Romania and Switzerland. It is also a co-owner of the largest Turkish petrochemical complex Petkim.

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