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Karachi port charges cut by 50pc to boost trade

Karachi port charges
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Karachi port charges cut by 50 percent to promote sustainable trade, following a key announcement by Pakistan’s maritime ministry focused on green shipping and economic growth.

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, said on Saturday that the government has slashed port handling, vessel, and storage charges by half to aid exporters and decarbonise port operations.

The decision cancels a previously proposed 5 percent annual hike in port fees, giving financial relief to traders, especially those dealing in dry bulk cargo. It also aims to reduce vessel congestion.

“Lowering port charges is more than just a financial move. It sets the foundation for future-ready, low-impact trade,” said Chaudhry, highlighting reduced emissions from faster port operations.

He said that shorter vessel idle times mean less fuel use, resulting in cleaner supply chains. The step reflects Pakistan’s broader shift toward environmentally responsible and cost-effective logistics.

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Chaudhry emphasized that port reforms are part of a national plan to modernise maritime infrastructure. These efforts include advanced technology deployment and significant cuts in container dwell times.

A high-level committee has been formed to reduce container dwell time by 70 percent, while AI and drone technologies are being introduced to track port activities more efficiently.

The minister linked the move to Pakistan’s climate goals, citing the need to adapt trade logistics to rising sea levels and erratic weather. “Economic growth must align with global environmental standards,” he said.

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