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Old March 26th, 2019, 03:32 PM   #561
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Gwadar Port generates Rs358.151m revenue in three years

Gwadar Port has generated Rs358.151million revenue during the last three years of which Rs32.324 million were given to Gwadar Port Authority (GPA) as per its approved share.

As per details revenue share, distribution ratio or percentage between the port operator (China Overseas Ports Holding Company Ltd) and Gwadar Port Authority are 91per cent and 9 to 15 per cent respectively.

A data issued by Ministry of Maritime Affairs on Thursday revealed that the share of China Overseas Ports Holding in Gwadar International Terminal and Gwadar Marine Services is 91 per cent while Gwadar Port Authority share is 9 per cent.

Gwadar Port Authority share in Gwadar Free Zone is 15 per cent while the rest of the 85 per cent shares is held by China Overseas Ports Holding Company.

The data further revealed that the port concession agreements all around the world determine revenue sharing between port authorities and port operations and the same principle applies in Gwadar Port Concession Agreement.
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Old March 27th, 2019, 07:32 PM   #562
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Old March 28th, 2019, 07:15 PM   #563
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KARACHI: Pakistan’s upcoming biggest logistics park with a container terminal has planned to list the $85 million project on the stocks exchange to capitalise on economic activities in and around the Gwadar port.

Zaheer Barakzai, chairman of logistics provider Mega Movers Pakistan told The News that it is developing Shahdadkot Inland Container Terminal along Gwadar Rato Dero M-8 Motorway. The distance between SICT and Gwadar port is 325 kilometres. The terminal is expected to be ready by the mid of next year and to have an annual turnover of approximately $45 million in the initial years.


“We have evaluated the public listing and our finance team is already working on it,” Barakzai said without disclosing the timeframe and quantum of the offer.

Spread over an area of 60 acres and having a capacity to handle one million twenty-foot equivalent units annually, SICT will be the country’s largest logistics park to cater to the requirements of Gwadar port.

“As activity starts at a port, a container terminal is required for efficient port operations,” Barakzai said. “There is no container terminal around Gwadar unlike Karachi port and Port Qasim, which have several container terminals.”

Shahdadkot Inland Container Terminal is the flagship project of Mega Movers Pakistan, which was announced in 2015 and is presently under construction. “We are working in close coordination and strategic partnership with China Overseas Port Holdings Company.”

Barakzai said SICT will have multiple facilities such as business complex, hotels, motels, warehousing and a dedicated logistics fleet to connect SICT with the Gwadar port. “A fleet of 500 vehicles would transport all the cargo coming to SICT from across Pakistan to Gwadar port and similarly move cargo meant for upcountry transportation from port to SICT.”

Barakzai said once the Gwadar port becomes operational by 2020, much of the load from Karachi port and Port Qasim would switch to Gwadar due to tax holidays and other factors.

Chairman Mega Movers said SICT is also developing a warehousing facility across 10 acres at Gwadar free zone.

SICT Logistics Park would generate around 700 direct and 3,000 indirect employment opportunities. Besides, the people dwelling across Shahdadkot to Khuzdar will also benefit in the form of daily wage jobs.

“Once traffic starts on motorway, there will be a whole lot of business and economic activities,” he added. “It would be a blessing for the people of this area, as there is very limited employment or business activities here at present.”

Motorways and highways bring development and prosperity to surrounding areas. M8 Motorway and SICT will also support livestock and fisheries sectors through enabling speedy transportation.

There will also be requirement for housing facilities and the construction and real estate sector will get a boost. SICT will also be looking into the real estate sector going forward.

As part of corporate social responsibility, SICT will impart trainings related to truck and heavy vehicles to 800 youth a year from Khuzdar, Turbat and Mund as well as facilitate them in obtaining required licences.

“We intend to develop and operate this logistics park on international standard and market it as a professional setup to invite international business for setting up their business as well,” Barakzai said.

“We have also applied with the relevant authorities to develop Shahdadkot special economic zone to attract investment from local and international businesses.”
https://www.thenews.com.pk/print/449...illion-project
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Old March 28th, 2019, 07:17 PM   #564
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http://www.megamovers.com.pk/sict/

Shahdadkot In Land Container Terminal Pvt Ltd ( SICT )

Last edited by rayaan; May 7th, 2019 at 10:28 PM.
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Old April 25th, 2019, 12:07 AM   #565
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TAQ inaugurates modern warehouse at Port Qasim

The TAQ Organization (TAQ), one of Pakistan’s leading logistics companies, recently inaugurated their ultra-modern, state-of-the-art TAQ CFS Warehouse at North West Industrial Zone, Port Qasim, Karachi.

The inauguration was attended by a large number of transportation and supply chain logistics industry professionals of Pakistan. Also among those present were senior managers of TAQ and heads of its allied companies based in the city, including its Resident Director Karachi Mustazar S. Khilji.

https://nation.com.pk/03-Apr-2019/ta...-at-port-qasim
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Old April 25th, 2019, 12:51 PM   #566
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excellent
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Old May 7th, 2019, 10:29 PM   #567
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KARACHI: Hutchison Ports Pakistan, the country’s first and only deep-water port capable of berthing the world’s largest container vessel, has entered into its second phase of expansion.

“The expansion will enhance the installed capacity to handle 3.4 million containers of 20-foot length each by the end of 2020 compared to 1.5 million TEUs (twenty-foot equivalent units) at present,” General Manager and Head of Business Unit Captain Syed Rashid Jamil said while briefing a group of journalists at the expansion site on Monday.

A four-lane railway cargo track of around 4-5 kilometres inside the port facility, coupled with an increase in installed capacity of power production are also included in the second phase expansion plan.
The deep-water port is located at the Karachi Port Trust (KPT). It is a subsidiary of Hutchison Port Holdings of Hong Kong which enjoys 90% shareholding. KPT is a partner in the project. Some local transport and logistics firms have the rest 10% shareholding in the port. The port began commercial operations in February 2017.

Total cost of the project would be $1.4 billion, which includes KPT’s share of $800 million and Hutchison Ports Pakistan’s (HPP) contribution over $600 million.

So far, HPP has spent $450-500 million. “Estimates suggest that it would be spending close to $750-800 million by the time the second phase gets completed,” stated reliable sources.

The firm has opted for expansion despite the growth rate of cross-border transportation of the containerised cargo remaining flat at around 3.4 million TEUs in calendar year 2018 and it shrank 5% in the first four months (January-April) of the current year.


“We are expanding containerised cargo handling capacity as per our original plans of 2007 when we signed and initiated the project on built, maintain and transfer basis,” Jamil added.

The port is capable of berthing the world’s largest container vessel of 25,000 TEUs as it has a depth of 18 metres at the outer approach channel and 16.5 metres on the berth side. So far, it received the largest ever container ship of 11,923 TEUs – the China India Express – in December 2018.

Earlier, Pakistan was unable to handle containerised vessels of more than 8,000 TEUs.

The reliable sources noted that growth in the cross-border transportation of containerised cargo shrank in the current year after the incumbent government imposed conditions on fast moving consumers goods (FMCGs) sector including printing details and ingredients, halal certificate and expiry date on the products packaging.

The deep-water port has a 28-megawatts (MW) diesel-based captive power plant. It would increase the power production capacity by 8MW in the second phase.

China, the single largest trading partner of Pakistan, has remained the biggest source of containerised cargo transportation at the deep-water port. Besides, it also transports import and export containerised cargo to and from Europe and the US.

Published in The Express Tribune, May 7th, 2019.
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Old May 23rd, 2019, 11:34 PM   #568
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MS Tiger docked at Gwadar Port.








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Old May 27th, 2019, 04:39 AM   #569
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What's the significance of this ship? Which country is it from? Some info would be nice.
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Old May 28th, 2019, 06:26 AM   #570
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Quote:
Originally Posted by Intoxication View Post
What's the significance of this ship? Which country is it from? Some info would be nice.
I think the significance might be that not many ships dock at Gawadar yet, since most still go to Karachi or Port Qasim.
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