Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Karachi Port Trust charges reduced by 50pc

byCT Report
21/07/2025
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced a major 50% reduction in port charges at Karachi Port, aiming to reduce the carbon footprint of trade logistics and foster sustainable growth.

In a statement, the minister announced the initiative as part of a broader strategy to decarbonize the maritime sector and improve energy efficiency in port operations. “By lowering operational costs and streamlining logistics, we are not only boosting trade competitiveness but also contributing to climate resilience,” Junaid Chaudhry stated.

You might also like

KP govt to present three-month budget

16/06/2026

Petrol prices in Pakistan likely to decline

16/06/2026

The newly introduced reforms include a 50% cut in port handling, vessel, and storage charges, while scrapping the previously planned annual 5% hike in these fees, a move expected to benefit exporters of dry bulk goods and reduce emissions through faster, less congested port activity.

“This isn’t just a financial measure; it’s a pivot toward low-impact, future-ready maritime trade,” said minister. “A more efficient port reduces idle time for vessels, lowers fuel consumption, and supports greener supply chains.”

The minister highlighted that these changes are part national strategy to modernize port infrastructure, enhance sustainability, and transition towards smart maritime practices.

This announcement follows recent efforts of the maritime minister to enhance port efficiency, including forming a high-level committee to cut container dwell time by 70% and deploying advanced technologies such as AI and drones for monitoring operations, further underlining the government’s proactive stance in modernizing maritime trade logistics.

Junaid Chaudhry reaffirmed his commitment to aligning maritime sector with global environmental standards, stating: “A resilient economy goes hand-in-hand with environmental responsibility. These reforms reflect the Prime Minister’s vision of a stable, green, and globally competitive Pakistan.”

As sea-level rise, extreme weather events, and maritime pollution intensify, the minister stated that climate adaptation is now being increasingly integrated into trade logistics, part of a broader strategy to establish the country as a sustainable maritime hub in the face of climate change.

Related Stories

KP govt to present three-month budget

byCT Report
16/06/2026

PESHAWAR: The Khyber Pakhtunkhwa government has decided to present only a three-month budget for the next financial year instead of...

Petrol prices in Pakistan likely to decline

byCT Report
16/06/2026

ISLAMABAD: Following a sharp decline in global crude oil prices, petroleum product prices in Pakistan are expected to decrease in...

Govt eyes more global bond issues, sees budget upside from Iran deal

byCT Report
16/06/2026

ISLAMABAD: Pakistan could improve economic projections for 2027 after the end of the US war on Iran, but it is...

FBR notifies fresh customs values of steel pipes vide VR No68/2026

byCT Report
16/06/2026

KARACHI: The Federal Board of Revenue (FBR) has notified revised customs values for imported carbon steel seamless pipes through Valuation...

Next Post

Pakistan to hold business networking event in Beijing next month

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.