Pakistan Ports to See Faster Turnaround as Govt Targets 70% Cut in Dwell Time
Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry has announced the establishment of a high-level committee tasked with developing concrete measures to reduce container dwell time at ports by up to 70 percent.
Mehfooz
KPT Sets New Benchmark with Record 54 Million Tons of Cargo in 2025
Karachi Port Trust (KPT) closed fiscal year 2024-25 with achievement of a milestone of 54 million tons cargo handling and also broke its all time container handling record by a massive handling of 2.65 million TEUs. With a volume of 53.95 million tons, a 4.45% yearly growth was witnessed in cargo handling during FY24-25 amid…
Editor
Port Operations Overhaul: Minister’s Plan to Enhance Efficiency and Trade
Minister for Planning, Development, and Special Initiatives, Professor Ahsan Iqbal, reaffirmed the government’s strong commitment to enhancing the efficiency of seaports, boosting trade, and ensuring sustainable economic development in the country.
Adil Aziz
Abu Dhabi Ports to invest $250M in Karachi Port in 10 years
Chief Executive Officer of Abu Dhabi Ports Pakistan Khurram Aziz Khan called on Prime Minister Shehbaz Sharif and informed that the company would invest $250 million in Karachi Port during the next 10 years.
Largest container vessel docks at South Asia Pakistan Terminals
In a significant milestone for the country’s maritime industry, the largest container vessel to date, MSC Anna, docked at the South Asia Pakistan Terminals (SAPT) on Wednesday (May 29).
Karachi gateway terminal business community shocked at three-fold increase in charges
Mr. Saquib Fayyaz Magoon, SVP FPCCI, has apprised that the business, industry and trade community is in the state of shock and disbelief at three-fold increase in container terminal charges since Karachi Gateway Terminal Limited (KGTL) has taken over the management of container terminal at Karachi Port’s East Wharf. Previously, charges were PKR. 150 per metric ton and they have been raised to PKR. 480 per metric ton, he added.
LCCI rejects proposed hike in KPT charges, utility prices
The Lahore Chamber of Commerce and Industry (LCCI) has rejected the proposed increase in the KPT (Karachi Port Trust) charges and utility prices.
Zaidi grills Shipping Cos, vows to go tough against exorbitantly high, unlawful charges
Chairman Karachi Port Trust (KPT) Syed Syedain Raza Zaidi, after listening to the grievances being faced by business community due to exorbitantly high and totally unjust charges, grilled Shipping Companies for terribly looting traders by overcharging under various headers without any justification.
Out-sourcing of operations of Bulk and General Cargo Terminal East Wharf, briefing to cabinet
Ministry of Maritime Affairs submitted the summary regarding out-sourcing of operations of Bulk and General Cargo Terminal East Wharf at Karachi Port. Secretary Maritime Affairs briefed the meeting on the process of outsourcing of port terminal and earlier decisions of CCoIGCT in this regard. The CCoIGCT was apprised about the decisions of the then CCoIGCT…
Dar chaired meeting of CCoIGCT
UAE government-owned firm will pay another US$25 million upfront, concessioner will start development work in September 2023 Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired the meeting of the Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT). The CCoIGCT reviewed the recommendations of the negotiation committee which held its deliberation in two sessions on…
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