The introduction of separate priority berthing queues for export vessels by Karachi Gateway Terminal Limited (KGTL) has led to an immediate cost-saving measure, providing a more competitive edge for exported goods.
Karachi, as a major port city and the economic hub of Pakistan, serves as a critical gateway for international trade.
Previously, export container vessels faced extended waits due to port congestion, worsening shipment backlogs and operational inefficiencies.
Historical inefficiencies and inadequate infrastructure have posed challenges, burdening businesses and hindering their potential.
Newly established separate priority berthing queues for export vessels at the multipurpose terminal of Karachi Port Trust’s East Wharf, managed by KGTL will address the challenges, they believe. The move is designed to accelerate the turnaround time for export shipments and enhance operational efficiency throughout the maritime supply chain.
Exports constitute a vital pillar of any nation’s economy, with the shipping industry accounting for over 90% of Pakistan’s maritime trade, showcasing its pivotal role in facilitating economic growth.
Backed by significant investment, this transformation aims to benefit the export sector and enhance Pakistan’s position in global trade. Segregating export operations at the terminal will reduce congestion pressures, optimise berth utilisation, and increase throughput capacity.
About $200,000 per vessel is spent on those waiting at outer anchorage, impacting export competitiveness.
Published in The Express Tribune, March 8th, 2024.
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