AD Ports Group has contracted Baku Shipyard in Azerbaijan to build two shallow-draft 780 teu container vessels that will serve trade routes across the Caspian Sea. The ships will be delivered towards the end of 2027. No price has been revealed.
“These shallow-draft vessels, specifically designed for use within the Caspian Sea, will play a pivotal role in enhancing maritime connectivity, boosting trade volumes, and strengthening the trans-Caspian logistics corridor,” AD Ports said in a release.
The company said Azerbaijan is a key trade and investment partner for the UAE, thanks to its strategic location in the Caucasus at what it described as the “crossroads” of trade between Eastern Europe and Western Asia.
