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
CureVac files fresh lawsuit against Moderna over COVID-19 vaccine patents
CureVac files fresh lawsuit against Moderna over COVID-19 vaccine patents
Health
April 26, 2026
Meera’s father hospitalized after suffering heart attack
Meera’s father hospitalized after suffering heart attack
Entertainment
April 26, 2026
Michael Keaton Returns to Hometown Pittsburgh to Announce Steelers’ NFL Draft Pick
Entertainment
April 26, 2026
‘The Mummy 4’ set to return with Brendan Fraser and Rachel Weisz
‘The Mummy 4’ set to return with Brendan Fraser and Rachel Weisz
Business & Commerce Entertainment
April 26, 2026
In Japan, the fight is on against unruly tourists
In Japan, the fight is on against unruly tourists
international Travel
April 26, 2026
Trump likely was target in White House Correspondents’ dinner shooting, officials say
Trump likely was target in White House Correspondents’ dinner shooting, officials say
Court & Crime international
April 26, 2026

You Might Also Like

“Punjab Govt Announces Housing Loans for 12,000 Additional Families”
Business & Commerce

“Punjab Govt Announces Housing Loans for 12,000 Additional Families”

By
Misbah Jogyat
Business & Commerce

Pakistan Plans Return to Global Bond Market After Four Year Gap

By
Neha Ashraf
PSX stages recovery as KSE-100 jumps more than 2,000 points in intraday trade
Business & Commerce

PSX stages recovery as KSE-100 jumps more than 2,000 points in intraday trade

By
Mabruka Khan
Business & Commerce

UAE Dirham Holds Steady Against Rupee as Market Awaits Central Bank Policy

By
Syed Jarri Abbas
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?