One of the world’s largest container ships, MSC Loreto, has arrived at the South Asia Pakistan Terminals at Karachi Port, marking another milestone for Pakistan’s maritime sector. According to the Karachi Port Trust, the vessel’s arrival highlights the port’s growing ability to accommodate some of the largest container ships operating worldwide. MSC Loreto measures 399.9 […]
maritime trade
Qatar rejects support for Hormuz transit fees plan
Qatar has indicated it will not support any proposal to impose transit fees on vessels passing through the Strait of Hormuz, with Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al Thani emphasizing the importance of maintaining free and secure access to one of the world’s most critical maritime routes. In an interview with a […]
Thailand revives $30bn land bridge to rival Malacca Strait
Thailand has revived plans for a $30 billion “Land Bridge” project aimed at creating a coast-to-coast logistics corridor that could offer an alternative route to the heavily used Strait of Malacca, one of the world’s most important maritime chokepoints. The proposed infrastructure scheme, backed by the Thai government, envisions connecting deep-sea ports on the country’s […]
Iranian ships resume passage through Strait of Hormuz
Five Iranian ships have passed through the Strait of Hormuz following the reported lifting of a US naval blockade under a recent agreement between Washington and Tehran, according to Iranian media reports. Officials said the ships included three crude oil tankers and two cargo vessels that successfully navigated the strategic waterway. The Strait of Hormuz, […]
Federal government cuts tariffs at Gwadar port to boost transit trade
The federal government on Monday announced a significant reduction in tariffs at Gwadar Port as part of efforts to strengthen its position as a regional transit and transshipment hub and attract greater international shipping traffic. Read More: GPA plans 20 MW for Gwadar Port, both free zones According to Federal Minister for Maritime Affairs Junaid Anwar […]