BAKU - Transit cargo carried by ASCO’s dry cargo fleet more than doubled in the first nine months of 2026, rising 113% to 1,014,615 metric tons.
The Azerbaijan Caspian Shipping Company, part of AZCON Holding, provided the figures to APA-Economics. They were reported by Vesti Baku and APA.
Transit Volume Rises by 538,423 Tons
ASCO’s dry cargo vessels carried 476,192 tons of transit freight in January-September 2025. The year-over-year increase was 538,423 tons.
Total dry cargo volume rose 39%, from 1,019,065 tons in the first nine months of 2025 to 1,415,187 tons in the same period of 2026.
September Maintains Growth
The fleet carried 163,090 tons of dry cargo in September, up 19,975 tons, or 14%, from 143,115 tons a year earlier.
Transit freight accounted for nearly 72% of total dry cargo volume during the nine-month period. ASCO operates the maritime section of routes crossing the Caspian Sea, making the increase relevant to Azerbaijan’s role in regional transport corridors.