Baku Port was founded in 1902 and claims to be the largest Caspian Sea port. It has six facilities: the main cargo terminal, the container terminal, the ferry terminal, the oil terminal, the passenger terminal and the port fleet terminal. The port's throughput capacity reaches 15  million tonness of liquid bulk and up to 10  million tons of dry cargoes. In 2010, the Baku International Sea Trade Port is began reconstruction. The construction was planned to take place in three stages and to be completed by 2016. The estimated costs were 400 Million US$. From April to November Baku Port is accessible to ships loading cargoes for direct voyages from Western European and Mediterranean ports. The State Road M-1 and the European route E60 are the two main motorway connections between Europe and Azerbaijan. The motorway network around Baku is well developed and is constantly being extended.