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How Much Revenue Do Georgian Ports Have?

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Natia Taktakishvili
12.04.22 17:00
889
Georgia is represented by a total of two ports, Batumi and Poti. In addition to the ports, two oil terminals are operating in Kulevi and Supsa. In 2021, the total cargo turnover of ports and terminals amounted to a total of 15.7 million tons, which was 1.2 million tons less compared to 2020.

Georgian ports and oil terminals have published the financial report for 2020. The revenues of these companies exceeded GEL 700 million.

Poti Port is on first place in terms of the volume of transported goods (7.4 million tons), as well as the total turnover of the existing operators exceeded GEL 460 million. The main operator of Poti Port is APM Terminals within the Danish Maersk Group. In addition, there are other transport companies operating in Poti that provide transit services for ores, oil or other products.

Poti Port
Cargo Turnover in 2020 – 7.4 million tons, decline of 13.9%

Batumi Port
Cargo Turnover in 2020 – 3.5 million tons, increase of 9.4%

Kulevi Terminal
Cargo Turnover in 2020 – 1.7 million tons, its capacity increased by 6%

The operator of the Kulevi terminal is the Black Sea Terminal Ltd. In 2020, the company's revenue was GEL 55.7 million. SOCAR is the holder of the company.

Supsa Oil Terminal
The Supsa oil terminal shipped 4.2 million tons of oil in 2020, its capacity increased by 13.5%;

The owner of the oil terminal is the Georgian Oil and Gas Corporation.

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