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Karachi port fees slashed 50 percent to boost trade and sustainability

Published on: July 20, 2025 4:35 PM

ISLAMABAD – The federal government has announced a major 50% reduction in port charges at Karachi Port to improve trade efficiency and promote environmentally friendly practices in maritime logistics. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry shared the update on Saturday, stating that the move is part of a broader plan to decarbonise the shipping sector and encourage sustainable growth.

The decision includes slashing port handling, vessel, and storage charges by half, while cancelling a previously planned 5% annual hike in these fees. According to the minister, this step will help exporters—especially those handling dry bulk cargo—by cutting costs and reducing emissions through faster, less congested port operations. He emphasised that this initiative balances economic goals with climate responsibility.

“Lowering port charges is more than just a financial move; it sets the foundation for future-ready, low-impact trade,” said Chaudhry. He added that reduced vessel idle time means lower fuel use and greener supply chains, aligning with Pakistan’s vision for cleaner and more efficient port activities. This is expected to make trade through Karachi Port faster and more cost-effective.

These reforms are also part of a national push to modernise port infrastructure. Recent steps include forming a high-level committee to cut container dwell time by 70% and deploying smart technologies like AI and drones for operations monitoring. These advancements aim to enhance operational efficiency and position Pakistan as a more competitive maritime player in the region.

Moreover, the minister reiterated the government’s focus on climate adaptation within trade logistics. He said that rising sea levels and worsening weather patterns demand a smarter, more sustainable approach to maritime activity. “Our economic growth must align with global environmental standards. These reforms reflect the prime minister’s vision of a green and stable economy,” he noted.

Overall, the reduction in charges marks a significant shift toward greener, more efficient trade operations at one of Pakistan’s most important ports. With continued focus on sustainability and innovation, the maritime sector is set to play a key role in the country’s future economic strategy.

Filed Under: Business, Karachi, Pakistan Tagged With: federal government has announced a major 50% reduction, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry, Karachi port fees slashed 50 percent to boost trade and sustainability, Latest, port charges at Karachi Port to improve trade efficiency

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