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The port operator group is a subsidiary of CK Hutchison Holdings (formerly Hutchison Whampoa). Some operation of the company were listed as Hutchison Port Holdings Trust in Singapore Exchange . In 2016, the network comprised 48 port operations throughout Asia , the Middle East , Africa , Europe , the Americas and Australasia .
Hutchison Ports Pakistan is a subsidiary of Hutchison Port Holdings, which in turn is a subsidiary of CK Hutchison Holdings. On 18 December 2019, Hutchison Ports Pakistan welcomed CV COSCO BELGIUM, the largest container vessel to ever call at any port of Pakistan, with a length of over 366 meters and a capacity of 13,386 TEUs. [25]
Hutchison Whampoa originated as two separate companies, both founded in the 19th century. Hong Kong and Whampoa Dock was formed in 1863 by John Couper, as a port management company. Hutchison International, a wholesale trading company and importer of consumer products, was founded in 1877 by John Duflon Hutchison. [1] [2]
Karachi Gateway Terminal Multipurpose (Private) Limited (KGTML) operates a bulk and general cargo terminal on the East Wharf of Pakistan's Karachi Port. [1] [2] [3] Karachi Port is Pakistan's most important port of international trade. Over 90% of imports and exports of Pakistan take place through Karachi Port.
CK Hutchison Holdings Limited (Chinese: 長江和記實業有限公司) is a Hong Kong–based and Cayman Islands–registered multinational conglomerate corporation. The company was formed in March 2015 through the merger of Cheung Kong Holdings and its main associate company Hutchison Whampoa. [2]
The Port of Sonmiani, in Las Bela District, currently consists of a fish harbour at the town of Damb, about 4 km (2.5 mi) northwest of Sonmiani as well as a coast guard jetty for the Pakistan Maritime Security Agency, a kilometre to the north of the fish harbour. In March 2007 the federal government announced a proposal to build a major new ...
Pakistan International Container Terminal (PICT) was established in 2002 on build–operate–transfer basis. [2] It was a joint venture between Premier Mercantile Services and Hamburg Port. [1] The total cost of the project was estimated at $75 million out of which $9.25 million was funded by the International Finance Corporation in form of loans.
The Karachi Freight Corridor is a significant infrastructure project in Pakistan aimed at improving the movement of freight from the Karachi port city to various parts of the country. The project involves the construction of a dedicated double-track corridor and other related facilities. [1] [2]