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The Karachi Freight Corridor is a significant infrastructure project in Pakistan aimed at improving the movement of freight from the Karachi port city to various parts of the country. The project involves the construction of a dedicated double-track corridor and other related facilities. [1] [2]
Containers at the Karachi International Container Terminal at the Port of Karachi. Aerial view of Gwadar harbour, showing the international port in the background and the fishing harbour in the foreground. All seaports in Pakistan are maintained and governed by the Ministry of Maritime Affairs of the Government of Pakistan. The three largest ...
The Pakistan National Shipping Corporation (PNSC) is a Pakistani national flag carrier headquartered in Karachi. [3] The corporation is principally engaged in the business of shipping, including charter of vessels, transportation of cargo and providing commercial, technical, administrative, financial and other services to its subsidiaries and ...
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 ...
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.
A cargo vessel from Pakistan’s Karachi has docked at Bangladesh’s southeastern coast, marking the first-ever direct maritime contact between the two countries since the 1971 Bangladesh ...
Since 2016, South Asia Pakistan Terminal (SAPT) operates the largest deep sea port of the country. Hutchison Ports Pakistan invested $600m in the first phase of SAPT which included two berths having length of 800 meters. [24] Hutchison Ports Pakistan is a subsidiary of Hutchison Port Holdings, which in turn is a subsidiary of CK Hutchison ...
The Karachi Port Trust (KPT) (Urdu: ادارہِ تولیتِ بندرگاہ کراچی) is a Pakistani federal government agency, under the administrative control of the Federal Maritime Secretary that oversees the operations of the Port of Karachi, one of South Asia's largest and busiest deep-water seaports which handles over 90% of the nation's foreign trade.