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KGTL operates a container terminal on berths 6-10 on the East Wharf of Karachi Port under a 50-year concession. [18] KGTL paid $50 million to Karachi Port Trust on April 22 2024 as upfront payment. [ 19 ] [ 20 ] [ 21 ] Of this upfront payment $25 million are for concession fee and the remaining $25 million are advance payment for use of the ...
The containerized cargo operations started in 1973 at the Karachi Port. Karachi Gateway Terminal (Private) Limited (KGTL) started container terminal operations in July 2023. KGTL operates across a quay length of 800 meters at berths 6-10 on the East Wharf of Karachi Port. [10] Karachi Gateway Terminal Multipurpose (Private) Limited (KGTML ...
As of early 2022, the government planned to construct a specialized double-track corridor connecting Karachi Port to a new rail-to-logistics terminal at Pipri Marshalling Yard. This initiative aims to address the congestion issue at the port, where approximately 10,000 containers were parked, leading to significant congestion.
Port of Karachi: Keamari: 41 berths including: Karachi Gateway Terminal (5 berths) Karachi Gateway Terminal Multipurpose (6 berths) Karachi International Container Terminal; South Asia Pakistan Terminal (4 berths) Port Qasim: Malir
Pakistan International Container Terminal (PICT) was established in 2002 on build–operate–transfer basis. [2] It was a joint venture between Premier Mercantile Services and Hamburg Port. [1] The total cost of the project was estimated at $75 million out of which $9.25 million was funded by the International Finance Corporation in form of loans.
Karachi Gateway Terminal (Private) Limited (KGTL) operates a container terminal port at berths 6-10 on the East Wharf of Karachi Port. [7] The 50-years term concession was signed between AD Ports Group - majority shareholder in KGTL - and Karachi Port Trust. KGTL will grow the container handling capacity to 1 million TEUs per annum.
In 2023 and 2024, AD Ports Group strategically expanded its footprint to South Asia with the signing of major concession agreements with Pakistan to operate deep-sea terminals at the Port of Karachi. The concessions cover the operation of a container terminal under a 50-year term and a bulk and general cargo terminal under a 25-year term ...
Mercantile Marine Department, Pakistan (Urdu: سررشتہ بحری تجارت ، پاکستان) is an attached department of Ports and Shipping Wing, Karachi under the Ministry of Ports and Shipping, Government of Pakistan. The department was established in 1930 under the Merchant Shipping Act, 1923, which was repealed and replaced with ...