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KGTL paid $50 million to Karachi Port Trust on April 22 2024 as upfront payment. [19] [20] [21] Of this upfront payment $25 million are for concession fee and the remaining $25 million are advance payment for use of the port for KGTL's container terminal operations. [20] Mr. Khurram Aziz Khan is the current CEO of both KGTL and KGTML. [22]
[1] In 2003, PICT was listed on the Karachi Stock Exchange, following an initial public offering. [4] [5] In April 2004, the first phase of the project became operational at a cost of $30 million. [3] [6] In April 2012, International Container Terminal Services acquire 35 percent of the PICT. [7]
Port of Karachi: Keamari: 41 berths including: Karachi Gateway Terminal (5 berths) Karachi Gateway Terminal Multipurpose (6 berths) Karachi International Container Terminal; South Asia Pakistan Terminal (4 berths) Port Qasim: Malir
Karachi International Container Terminal (KICT) started operating a container terminal in 1998 [12] at Karachi Port. KICT operates across a quay length of 600 meters at berths 28-30 on the West Wharf of Karachi Port. KICT has a handling capacity of 300,000 TEUs per annum and can berth container vessels with up to 11 meters draught. The total ...
The agency is headquartered at the colonial-era Karachi Port Trust Building. [1] [2] Between 1880 and 1887, the port was administered by the Karachi Harbour Board. The Karachi Port Trust was then established by the Act IV of 1886, effective from 1 April 1887. [3] Maritime Secretary, Rizwan Ahmed chairs a high-level meeting at KPT. Chairman ...
Steel drums used as shipping containers for chemicals and other liquids. A 200-litre drum (known as a 55-gallon drum in the United States and a 44-gallon drum in the United Kingdom and the rest of the world) is a cylindrical container with a nominal capacity of 200 litres (55 US or 44 imp gal). The exact capacity varies by manufacturer, purpose ...
This is a list of bottle types, brands and companies. A bottle is a rigid container with a neck that is narrower than the body, and a "mouth". Bottles are often made of glass , clay , plastic , aluminum or other impervious materials, and are typically used to store liquids .
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
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