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
Pakistan targets 3,000 public EV charging stations by 2030
Pakistan targets 3,000 public EV charging stations by 2030
pakistan Technology
October 24, 2026
Hundreds of Thousands March in France Amid Heavy Security
Hundreds of Thousands March in France Amid Heavy Security
international
October 24, 2026
Pakistan to wear pink against England in breast cancer awareness drive
Pakistan to wear pink against England in breast cancer awareness drive
Breaking Health
October 24, 2026
Pakistan Replaces Machine-Readable Passports with E-Passports
Pakistan Replaces Machine-Readable Passports with E-Passports
pakistan
October 24, 2026
Oil Prices Jump $3 Amid Houthi Attacks and Oil Spill
Oil Prices Jump $3 Amid Houthi Attacks and Oil Spill
Business & Commerce Economy
October 24, 2026
Lahore Police Tighten Security Around Girls’ Colleges and Universities
Education
October 24, 2026

You Might Also Like

Dow Hits Record High as Geopolitical Optimism Lifts Wall Street; Broadcom Revenue Miss Drags Chip Stocks
Business & Commerce

Dow Hits Record High as Geopolitical Optimism Lifts Wall Street; Broadcom Revenue Miss Drags Chip Stocks

By
Yamna Shahid
Power Division gives DISCOs 10 days to clear 1,355 pending solar net-metering cases
Business & Commerce

Power Division gives DISCOs 10 days to clear 1,355 pending solar net-metering cases

By
Mabruka Khan
China Moves to Tighten Scrutiny of U.S. Money Flowing Into Its Tech Sector
Business & Commerce

China Moves to Tighten Scrutiny of U.S. Money Flowing Into Its Tech Sector

By
Yamna Shahid
ISLAMABAD: Pakistan may once again consider importing crude oil from Iran following a temporary easing of certain U.S. sanctions, a development that could provide the country with an alternative energy source and help reduce its import costs. According to reports, the temporary relaxation of sanctions has renewed discussions over the feasibility of importing Iranian crude, particularly as Pakistan seeks affordable energy supplies to ease pressure on its economy. Iran, which shares a border with Pakistan, has long been viewed as a potential supplier due to lower transportation costs and geographical proximity. Energy experts say access to Iranian oil could help Pakistan diversify its import sources, improve energy security, and reduce the burden of high fuel import bills. However, they caution that any move toward importing Iranian crude would require careful consideration of international sanctions, legal obligations, payment mechanisms, and diplomatic implications. Officials have not announced any formal agreement or immediate plans to resume oil imports from Iran. Instead, the recent sanctions relief has reopened policy discussions regarding future energy cooperation between the two neighboring countries. Analysts note that Pakistan continues to explore multiple options to strengthen its energy sector while maintaining balanced diplomatic relations with key international partners. They believe any decision on Iranian oil imports will depend on the scope and duration of sanctions relief, economic viability, and government policy. If implemented, Iranian oil imports could contribute to lowering Pakistan's energy costs, improving fuel supply stability, and supporting broader efforts to manage the country's external account challenges.
Business & Commerce

Iranian Oil Option Reopens for Pakistan After Temporary Easing of US Sanctions

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?