KPT sets new record by handling 111,300 TEUs in one month

Following the Middle East (ME) crisis, Pakistan’s Karachi Port has set a new record by handling 111,300 twenty-foot equivalent units (TEUs) in a single month. The port achieved this milestone recently by maintaining strong cargo operations. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced this here on Wednesday, saying that to meet the challenges, the ministry, in close collaboration with other relevant authorities, has introduced major reforms to improve efficiency. He said that to promote and enhance business activities, the government has reduced port charges by 60 percent, which provided significant relief to the business community. As a result, traders gained better cost support and increased activity.