BusinessMaritime

Hormuz crisis expands bunkering, transshipment opportunities for Karachi Port

KARACHI (TKP Report): The Strait of Hormuz crisis has created new opportunities for Karachi Port to strengthen its position as a regional transshipment and maritime bunkering hub, as the port expands its global shipping connectivity and offers enhanced incentives to attract international shipping lines.

Chairman Karachi Port Trust (KPT), Rear Admiral Shahid Ahmed (Retd), highlighted these opportunities during a briefing to Chairman Prime Minister’s Inspection Commission (PMIC), Brigadier Muzaffar Ali Ranjha (Retd), accompanied by Member Mirza Muhammad Irfan Baig.

The KPT chairman briefed the delegation on the port’s operational performance, institutional reforms and investment potential, highlighting a record cargo throughput of 55.438 million tonnes and 2.749 million TEUs during FY2025-26.

He said Karachi Port was undergoing transformation into a fifth-generation smart port through digitalization, artificial intelligence, automation, strategic harbour deepening and improved connectivity.

The briefing also highlighted enhanced transshipment incentives and the expansion of international shipping connections, aimed at strengthening Karachi Port’s competitiveness and attracting additional maritime business.

Brigadier Muzaffar Ali Ranjha appreciated KPT’s institutional transformation and operational achievements, particularly its proactive response to the Strait of Hormuz crisis, which has strengthened the port’s emerging role in regional transshipment and opened promising prospects in the international bunkering market.

Highlighting investment opportunities, the KPT chairman outlined several proposed projects, including the 140-acre Maritime Business District, South Wharf, Oil Pier-I, Manora Shipyard and Workshop, and terminal expansion initiatives.

The briefing also covered KPT’s recovery of 255 acres of encroached land, estimated to be worth approximately Rs180 billion, reflecting progress in institutional reforms and the recovery of public assets.

On the environmental front, KPT highlighted its conservation of 4,000 acres of mangroves, renewable energy initiatives, fleet electrification and environmentally responsible waste management.

The developments are part of KPT’s broader strategy to modernize Karachi Port, improve operational efficiency and attract investment while strengthening Pakistan’s position in regional maritime trade.

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