Govt revises Gwadar Port tariff structure to attract greater traffic

In line with the directions from the Federal Minister of Maritime Affairs Junaid Anwar Chaudhry, the Gwadar Port Authority has revised its port tariff structure to attract greater transit and international transshipment container traffic through Gwadar port. According to a statement released on Monday, the decision to significantly reduce tariffs is expected to increase global transit traffic. The authority has reduced berthing fees for container vessels and ships carrying transit or transshipment cargo by 25%, said Chaudhry. Port charges on international transshipment container cargo have been lowered by 40%, he added. Port charges on transit container cargo have been reduced by 31%. Moreover, the authority is offering a one-month free storage facility for general cargo. An unprecedented incentive compared to other national ports, which typically offer only five days.