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News Thursday, 08 Jan, 2009
Karachi Port registers 25% YoY growth in cargo handling

Karachi Port Trust has recorded a growth of 25% YoY in cargo handling in the year 2007-08 fiscal. It handling over 101,000 tonnes of cargo daily and has crossed the figures of 37 million tonnes.

KPT has deepened its channels to 12 meters for handling larger vessels. By the end of the current fiscal year, KPT projects are to handle 61% of the total container volume of 1.97 million TEU handled by the 2 ports namely KPT and Port Qasim.

The total seaborne trade handled by the 2 ports during the last 11 months comes to 58.10 million tonnes, of which the share of dry cargo exports at KPT remained 65.39%. Liquid cargo has shown recovery and is growing by 14% at Karachi port. Liquid cargo exports, which mainly comprises Molasses, Naphtha, Ethanol and other chemicals, has crossed the 2 million benchmark by registering 2.02 million tonnes this year.

Dry cargo coal handling in Karachi Port has reached 3.5 million tonnes. In exports, the cement handling through bulk or bags has crossed the 2 million tonnes mark. It is for the first time in history that Pakistan is exporting cement as a bulk commodity.

KPT has also handled 0.9 million tonnes of clinker exports during the last 11 months, which is another record achieved by the port. The containers handling at KPT have remained on the rise throughout the year. So far, it has registered 11% growth by recording 1.149 million TEU handling till June 12th 2008. Previously in the year 2005-06, KPT recorded handling of 1.144 million TEU containers.

 
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