Particle.news
Download on the App Store

Karachi Port Grants 25%–50% Storage Waivers for Stranded Export Containers

Officials say the relief will cut exporters’ costs to help clear backlogged consignments.

Overview

  • A waiver package announced Sunday by the Maritime Affairs Ministry grants 50% relief at KGTL for March 1–20, 50% at KICT for March 1–10, and 25% at SAPT for March 11–31.
  • The waivers cover export containers that could not be loaded because terminal operations faltered in March.
  • KPT chairman Rear Admiral Shahid Ahmed led talks with terminal operators on the minister’s direction to secure the concessions.
  • Minister Muhammad Junaid Anwar Chaudhry said the step will ease pressure on traders, clear pending consignments, and speed cargo release.
  • Officials frame the move as support for export competitiveness and investor confidence as Karachi handles a large share of Pakistan’s Gulf-bound trade.