The Azerbaijani State Oil Company - SOCAR, has bought Turkey's largest container terminal in the Aegean region from the Danish company AP Moller-Maersk. The transfer of ownership was made at the end of 2018.
The terminal, located in Aliaga, near the city of Izmir has an annual capacity of 1.3 million TEU (twenty-foot equivalent). The terminal will be known as Petlim Terminals.
A subsidiary of AP Moeller-Maersk, APM Terminals, will continue operating the terminal.
The terminal is the latest investment of SOCAR in Turkey where it also owns a petrochemical complex and an oil refinery among other assets.
photo: The Petlim Terminals at Aliago on Turkey's Aegean coast has recently been bought by the Azerbaijani Oil Company, SOCAR
"Let us work together constructively because the endeavour is a united and strong Europe," Ursula von der Leyen told MEPs after they confirmed her in the post. She will take up her new role on November 1.
On Monday, 15 July, yet another incident occurred in the vicinity of the David Gareji Monastery which lies on a disputed area of the Georgian-Azerbaijani border. The monastery has turned from a place of worship to a flashpoint, with Georgian religious zealots trying to state their claim on the land as Georgian territory, and Azerbaijani border guards stopping them.