Karachi Port
Coverage of Karachi Port in the Nexus archive.
- Pakistan removed from risk assessor’s list of dangerous waters: maritime affairs minister
Pakistan and its territorial waters have been removed from the Lloyd’s Market Association’s Joint War Committee (JWC) Listed Areas, reducing war-risk insurance premiums and shipping costs. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry highlighted this as a boost for Pakistani exports and global shipping confidence, achieved through sustained negotiations with Lloyd’s officials.
- KGTL plans up to $100m more investment in Karachi port after cargo surge from Iran war
KGTL, backed by Abu Dhabi Ports Group, plans up to $100 million in new investments at Karachi Port over five years to expand container and bulk-handling facilities, driven by a cargo surge from the Iran war. The CEO highlighted plans for rail freight infrastructure, dredging projects, and transshipment hub development to boost Pakistan's regional shipping competitiveness.
- First Hangor-class submarine arrives at Karachi Port
The first Hangor-class submarine, equipped with advanced combat systems and AIP technology, has arrived at Karachi Port, marking a milestone in Pakistan Navy's modernisation and China-Pakistan defense cooperation. The submarine's arrival was celebrated with a naval ceremony, and the name 'Hangor' references its historical role in the 1971 war. Eight Hangor-class submarines are planned, with launches occurring from 2024 to 2025.