
Pakistan cuts Karachi port charges by 50% in climate-focused maritime reform push
The reform is part of a broader strategy to modernize Pakistan's maritime sector and reduce its carbon footprint, as the country works to align trade infrastructure with global environmental standards.
'By lowering operational costs and streamlining logistics, we are not only boosting trade competitiveness but also contributing to climate resilience,' Chaudhry said in a statement issued by his office.
The new measures include halving charges related to port handling, vessel services and storage while scrapping a previously planned annual five percent fee hike.
Officials say the move is expected to benefit exporters of dry bulk goods and reduce emissions by improving port turnaround times and easing congestion.
'This isn't just a financial measure,' Chaudhry added. 'It's a pivot toward low-impact, future-ready maritime trade. A more efficient port reduces idle time for vessels, lowers fuel consumption and supports greener supply chains.'
Karachi Port is one of Pakistan's largest and busiest deep-water seaports, handling a significant share of the country's import-export traffic.
Officials say the reforms will enhance the port's efficiency while positioning it as a regional hub for climate-conscious maritime activity.
The announcement follows recent steps by the ministry to improve logistics and infrastructure, including the formation of a high-level committee to reduce container dwell times by 70%, and the deployment of advanced technologies such as artificial intelligence and drones for port monitoring.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Arab News
8 hours ago
- Arab News
Japan PM Shigeru Ishiba faces reckoning in upper house election
TOKYO: Japanese Prime Minister Shigeru Ishiba faces a reckoning from voters on Sunday with upper house elections that could end his premiership and see a right-wing populist party make inroads. With many Japanese hurt by rising prices, especially for rice, opinion polls suggest that Ishiba's governing coalition could lose its majority in the upper house. This could be the final nail for Ishiba, having already been humiliatingly forced into a minority government after lower house elections in October. 'Ishiba may need to step down,' Toru Yoshida, a politics professor at Doshisha University, said. Japan could 'step into an unknown dimension of the ruling government being a minority in both the lower house and the upper house, which Japan has never experienced since World War II,' Yoshida said. At one of Tokyo's polling stations on Sunday, 54-year-old voter Atsushi Matsuura said 'Commodity prices are going up, but I am more worried that salaries aren't increasing.' Another voter Hisayo Kojima, 65, expressed frustration that the amount of her pension 'is being cut shorter and shorter.' 'We have paid a lot to support the pension system. This is the most pressing issue for me,' she said. Ishiba's center-right Liberal Democratic Party (LDP) has governed Japan almost continuously since 1955, albeit with frequent changes of leader. Ishiba, 68, a self-avowed defense 'geek' and train enthusiast, reached the top of the greasy pole last September on his fifth attempt and immediately called elections. But this backfired and the vote left the LDP and its small coalition partner Komeito needing support from opposition parties, stymying its legislative agenda. 'Energy prices have swung sharply in recent months, as the government has flip-flopped between removing aid for household energy bills and adding new supports,' said Stefan Angrick at Moody's Analytics. Out of 248 seats in the upper house, 125 are up for grabs on Sunday. The coalition needs 50 of these to keep a majority. Not helping is lingering resentment about an LDP funding scandal, and US tariffs of 25 percent due to bite from August 1 if there is no trade deal with the United States. Japan's massive auto industry, which accounts for eight percent of the country's jobs, is reeling from painful levies already in place. Weak export data last week stoked fears that the world's fourth-largest economy could tip into a technical recession. Despite Ishiba securing an early meeting with US President Donald Trump in February, and sending his trade envoy to Washington seven times, there has been no accord. Trump poured cold water on the prospects of an agreement last week, saying Japan won't 'open up their country.' 'We will not easily compromise,' Ishiba said this month. Ishiba's apparently maximalist strategy of insisting all tariffs are cut to zero – although this could change post-election – has also drawn criticism. 'How well his government is able to handle negotiations over US tariffs is extremely important, as it's important for the LDP to increase trust among the public,' Masahisa Endo, politics professor at Waseda University, said. The last time the LDP and Komeito failed to win a majority in the upper house was in 2010, having already fallen below the threshold in 2007. That was followed by a rare change of government in 2009, when the now-defunct Democratic Party of Japan governed for a rocky three years. Today the opposition is fragmented, and chances are slim that the parties can form an alternative government. One making inroads is the 'Japanese-first' Sanseito, which opinion poll suggest could win more than 10 upper house seats, up from two now. The party wants 'stricter rules and limits' on immigration, opposes 'globalism' and 'radical' gender policies, and wants a re-think on decarbonization and vaccines. Last week it was forced to deny any links to Moscow – which has backed populist parties elsewhere – after a candidate was interviewed by Russian state media. 'They put into words what I had been thinking about but couldn't put into words for many years,' one voter said at a Sanseito rally.


Arab News
17 hours ago
- Arab News
Pakistan cuts Karachi port charges by 50% in climate-focused maritime reform push
ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday announced a 50% reduction in Karachi Port charges, in a move aimed at cutting trade logistics costs and promoting climate-resilient, low-emission shipping practices. The reform is part of a broader strategy to modernize Pakistan's maritime sector and reduce its carbon footprint, as the country works to align trade infrastructure with global environmental standards. 'By lowering operational costs and streamlining logistics, we are not only boosting trade competitiveness but also contributing to climate resilience,' Chaudhry said in a statement issued by his office. The new measures include halving charges related to port handling, vessel services and storage while scrapping a previously planned annual five percent fee hike. Officials say the move is expected to benefit exporters of dry bulk goods and reduce emissions by improving port turnaround times and easing congestion. 'This isn't just a financial measure,' Chaudhry added. 'It's a pivot toward low-impact, future-ready maritime trade. A more efficient port reduces idle time for vessels, lowers fuel consumption and supports greener supply chains.' Karachi Port is one of Pakistan's largest and busiest deep-water seaports, handling a significant share of the country's import-export traffic. Officials say the reforms will enhance the port's efficiency while positioning it as a regional hub for climate-conscious maritime activity. The announcement follows recent steps by the ministry to improve logistics and infrastructure, including the formation of a high-level committee to reduce container dwell times by 70%, and the deployment of advanced technologies such as artificial intelligence and drones for port monitoring.


Arab News
18 hours ago
- Arab News
Pakistan mulls ADB role in CPEC's flagship Main Line‑1 railway upgrade
KARACHI: Pakistan is considering financial support from the Asian Development Bank (ADB) for the long-delayed Main Line‑1 (ML‑1) railway upgrade — part of the China‑Pakistan Economic Corridor (CPEC) — as an ADB fact-finding team inspected a section of the track on Saturday, according to an official statement. ML‑1, a $6.7 billion upgrade of Pakistan's 1,687-kilometer Karachi–Peshawar rail artery, is central to CPEC. The overhaul, involving track doubling, advanced signaling and higher-speed trains, is expected to boost cargo and passenger capacity while easing the transport of trade goods to and from the country's southern ports. 'Experts from the Asian Development Bank inspected the Karachi to Rohri railway line today,' Pakistan Railways said in a statement. 'The Bank's Chief Transport Planner, Sangyoon Kim, conducted the 480-kilometer track inspection alongside the chief engineer (open lines) of Pakistan Railways.' 'ADB's fact-finding specialists will prepare a report on the readiness of the Main Line-1 (ML-1) project, following which a final decision regarding the project's financing will be made,' the statement added. ML‑1 underpins Pakistan's main rail connectivity, carrying a major bulk of the country's cargo and passenger traffic. The project was approved by the Economic Coordination Committee in 2020 but has repeatedly stalled amid funding hitches. Speaking to Arab News, Babar Ali Raza, spokesperson at the railways ministry, said ADB was currently only preparing the feasibility. 'The main financier is China,' he continued. 'The team conducting the inspection is assessing its own feasibility to determine whether ADB can provide financing or not.' 'This would be ADB's own financing,' he added, 'however much they want to contribute.' Pakistan and China have described CPEC as a 'game-changer' for growth. The corridor comprises multibillion-dollar infrastructure initiatives covering roads, energy and rail. The two countries are also striving for regional connectivity, with Pakistan actively pursuing economic diplomacy in the neighborhood and offering its southern ports to landlocked Central Asian countries for global trade.