GulfBase Live Support
Leave a message and our representative will contact you soon
11/12/2016 06:05 AST
Pakistan’s biggest Deep Water Container Port (DWCP) has started test operations by accommodating the first container ship, APL Japan.
The vessel took alongside berth No. 4 of the port for loading around 1,000 twenty-foot equivalent units (TEUs) of export cargo, officials said.
However, the vessel having a draft of 12 metres and an overall length of 262 metres is a small vessel for a big port like the DWCP, which has a designed draft of 18 metres and operational draft of 16 metres.
The port, located at Keamari east of Karachi Port, has the capacity to handle mother ships. The APL Japan first called at Karachi International Container Terminal, West Wharf Karachi Port, and unloaded containers of import cargo and later shifted to the DWCP.
Officials said keeping in view safety factors in mind, a small vessel was deliberately selected for test operations. They hoped that the DWCP would be inaugurated by Prime Minister Nawaz Sharif in the third week of January. Moreover, using a smaller vessel also provided an opportunity to the terminal operator to experience and check possible flaws. A vessel left will Saturday for China via Colombo Port, Sri Lanka. This indicated that the port may play a major role in the China-Pakistan Economic Corridor (CPEC).
Under the first phase of development, the terminal operator, South Asia Pakistan Terminals (SAPT), has constructed berths No.3 and 4 while berths No. 1 and 2 would be taken up for completion under the second phase. A spokesman for SAPT, owned and operated by Hutchison Ports of Hong Kong, said it has invested around $600 million. The terminal operator has already brought in equipment, including five ship-to-shore gantry cranes.
Besides, the terminal operator has also completed three building blocks to be used for administration, customs and canteen. A power station with a generation capacity of 28 megawatts is also ready. The port has the capacity to handle 3.1m TEUs a year and have a storage yard to accommodate 550,000 TEUs a year, sources said.
The Gulf Today
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
Index | Closing | Change |
---|---|---|
NIKKEI 225 | 21,292.29 | -96.29 (-0.45 |
DAX | 12,002.45 | -94.28 (-0.77 |
S&P 500 | 2,614.45 | 32.57 (1.26 |
05/04/2018
Stock markets recoiled on Wednesday as China retaliated in an escalating trade war with the United States, leaving investors reluctant to take positions in anything but the safest of assets.
The Gulf Today
04/04/2018
Egypt will start meeting bond investors in Europe this week ahead of a potential euro-denominated bond issue, a document from one of the banks appointed to arrange the meetings showed on Tuesday.
Gulf News
04/04/2018
Foreign investment in France rose 16 per cent in 2017 to levels not seen for a decade as President Emmanuel Macron’s (pictured) bid to attract money from abroad gains pace, a government report said o
Oman Daily Observer
03/04/2018
Explaining Japan’s economy to foreign audiences is hard.
One big reason for this is that explaining something as large and complex as a $5 trillion economy is an inherently difficult task - the
The National
03/04/2018
China raised import duties on a $3 billion list of US meat, apples and other products on Monday in an escalating dispute with Washington over trade and industrial policy.
The government of
The Gulf Today