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In August 2006, DP World signed an agreement with the Port Qasim Authority, to invest in a new container terminal at Port Muhammad Qasim near Karachi and announced that it was in discussions with the Pakistani Government about the development of a container terminal at Gwadar in Balochistan. [11]
In 2003, PICT was listed on the Karachi Stock Exchange, following an initial public offering. [4] [5] In April 2004, the first phase of the project became operational at a cost of $30 million. [3] [6] In April 2012, International Container Terminal Services acquire 35 percent of the PICT. [7] As of 2012, it has a maximum handling capacity of ...
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 ...
Map of Pakistan, showing Port Qasim and its sister ports of Karachi and Gwadar. The Port Muhammad Bin Qasim (Urdu: محمد بن قاسم بندرگاہ Bandar-gāh Muhammad bin Qāsim), or Qasim Port Authority (Urdu: مقتدرہ قاسم بندرگاہ), also known as Port Qasim, is a deep-water seaport in Karachi, Sindh, Pakistan, on the coastline of the Arabian Sea under the administrative ...
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 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.
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The Kochi International Container Transshipment Terminal (ICTT), locally known as the Vallarpadam Terminal, is the first transshipment terminal in India and the first container terminal to operate in a SEZ. [2] [3] Being constructed in three stages, the first phase of the terminal was commissioned on 11 February 2011. [4]