By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Media HydeMedia Hyde
  • Home
  • Politics
  • Education
  • Entertainment
  • Sports
  • Blogs
  • Business & Commerce
  • Others
    • Religious
    • Metropolitan
    • Climate and Weather
Font ResizerAa
Media HydeMedia Hyde
Font ResizerAa
  • Home
  • Politics
  • Education
  • Entertainment
  • Sports
  • Blogs
  • Business & Commerce
  • Others
    • Religious
    • Metropolitan
    • Climate and Weather
Follow US
© 2026 Media Hyde Network. All Rights Reserved.
Business & Commerce

Maritime minister announces storage relief at KPT terminals to ease exporters’ burden

Last updated: April 26, 2026 9:21 pm
Mabruka Khan
Share
SHARE

ISLAMABAD — Federal Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry has announced a temporary storage-relief package at Karachi Port Trust (KPT) terminals, offering waivers ranging from 25% to 50% for exporters affected by recent disruption in Gulf-bound shipments. The move is aimed at cutting the extra costs that piled up after delayed sailings left export containers stranded in terminal yards.

According to the latest reporting, the relief was worked out after consultations with terminal operators and is meant to help traders whose cargo got stuck as schedules to Gulf destinations slipped. That detail matters because this is not being presented as a broad, permanent tariff cut across the entire port system; it is being framed as targeted relief for exporters facing a specific bottleneck.

Reports circulating Sunday say the waiver will vary by terminal and time period. ARY Urdu reported that Karachi Gateway Terminal Limited (KGTL) would get a 50% waiver for March 1–20, Karachi International Container Terminal (KICT) a 50% waiver for March 1–10, and South Asia Pakistan Terminal (SAPT) a 25% waiver for March 11–31. Those terminal-by-terminal details have appeared in current local coverage, though an official notification spelling out the breakdown was not readily available in the sources I found.

The announcement also fits into a wider push by the ministry to make Karachi Port more competitive and less costly for trade. In recent months, official and media reports have highlighted earlier KPT concessions, including major reductions in port and storage charges for some export cargo categories, as part of a broader effort to support exporters and improve maritime logistics.

That broader backdrop gives this latest measure a bit more weight. Exporters have been complaining not just about high costs, but about the way delays at ports can quickly turn into storage bills, cash-flow pressure and missed delivery windows. By stepping in with storage waivers, the ministry is trying to show it can respond to immediate disruption while still selling a longer-term reform story around KPT.

What remains unclear, at least from the currently available reporting, is how large the total financial impact of the relief package will be, how many exporters will qualify, and whether more concessions could follow if Gulf-bound shipping disruptions continue. For now, though, the government’s message is straightforward: exporters hit by recent delays will get some breathing room on storage costs at Karachi Port.

Share This Article
Email Copy Link Print
Previous Article ‘The Mummy 4’ set to return with Brendan Fraser and Rachel Weisz ‘The Mummy 4’ set to return with Brendan Fraser and Rachel Weisz
Next Article Michael Keaton Returns to Hometown Pittsburgh to Announce Steelers’ NFL Draft Pick
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sponsored Ads

Stay Connected

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
WhatsAppFollow
ThreadsFollow
“Alhamdulillah, I Am Back”: Imtinan Ahmed Shares Hospital Picture, Fans Express Concern
Entertainment
October 26, 2026
Ducky Bhai Pays Off Nearly Rs1 Million Loan of Elderly Man Jailed in Sindh
Entertainment
October 26, 2026
TikToker Alina Aamir Reportedly Loses 300,000 Followers After Praising Maryam Nawaz
Entertainment
October 26, 2026
Kuwait Tightens Electronic Salary Monitoring to Protect Workers’ Rights
international
October 26, 2026
Abbas Araghchi Warns of Possible Renewed Military Conflict with US and Israel
international
October 26, 2026
Makkah pact nations' top officials to visit Tehran for security talks today
Makkah pact nations’ top officials to visit Tehran for security talks today
international
October 26, 2026

You Might Also Like

Petrol price in Pakistan stands at Rs399.86 per litre on May 9, 2026
Business & CommerceEconomy

Petrol price in Pakistan stands at Rs399.86 per litre on May 9, 2026

By
Mabruka Khan
Business & Commerce

Pakistan Stock Market Achieves Another Historic Milestone

By
Neha Ashraf
OPEC+ Expected to Raise September Oil Production Quotas by 188,000 Barrels Per Day Amid Middle East Conflict
Business & Commerce

OPEC+ Expected to Raise September Oil Production Quotas by 188,000 Barrels Per Day Amid Middle East Conflict

By
Yamna Shahid
Punjab agri tax hike lands in LHC as petitioners challenge legality of revised rates
Business & CommerceHeadline

Punjab agri tax hike lands in LHC as petitioners challenge legality of revised rates

By
Mabruka Khan
Media Hyde Media Hyde Dark
Facebook Twitter Youtube Rss Medium

About US

Media Hyde Network: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 News.

Top Categories
  • Headline
  • Politics
  • Entertainment
  • Education
  • Sports
  • Religious
  • Metropolitan
  • Climate and Weather
Usefull Links
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Cookies Policy
  • Advertising Policy
  • Terms & Conditions

© 2025 Media Hyde Network. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?