Gwadar port starts receiving bulk cargo
The Gwadar port on Thursday started receiving government imports of bulk cargo as three vessels carrying 90,000MT urea arrived at the port and clocked the fastest discharge rate.
The Trading Corporation of Pakistan (TCP), on behalf of the government, decided to handle the import of urea and wheat through the strategically significant port. The decision to use Gwadar port will ease congestion at other ports. High traffic of vessels carrying bulk cargoes delay operations and transportation of shipments, which in turn disturbs the entire supply chain mechanism.
After the bulk cargos were discharged, they were bagged at the port and are being transported from Gwadar to other destinations in Pakistan. From next month, the port is expected to start handling of 450,000 MT of wheat, said a press release.
Cargo ships docking at the port also offer substantial benefits to locals living in the nearby cities as they help generate economic activity and open employment opportunities.
Gwadar Port offers substantial economic benefits to importers in terms of efficient operations, advanced cargo handling, vast storage facilities, extensive ancillary facilities, and faster turnaround. Its unique geographical position makes it a fast-economical link between some of the land-locked central Asian states.
Published in The Express Tribune, January 13th, 2023.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.