Date: 25/01/2023

Stuck containers’ demurrage, port charges waived: Pak Govt

To facilitate importers, all charges of the containers stuck at Karachi Port and Port Qasim have been waived, said Federal Minister for Maritime Affairs Mr Faisal Sabzwari in Karachi, as per reports. He said that the government deliberated on the issue of containers stuck at ports and has been discussing the matter with stakeholders for the last several days. The Minister stressed that shipping lines are not closing their operations in the country and asserted that Pakistan would not go bankrupt. He said to solve shipping lines’ problems, containers are being moved to other places free of cost. The situation had made the business community restless after a shortage of dollars delayed the settlement of letters of credit for these containers. An estimated 8,000 containers are stuck at the ports, as per the reports.
Source: Exim News Service: Karachi, Jan. 24