Hutchison Port Holdings will open a terminal in Karachi before the end of the year, Reuters is reporting, allowing mega boxships to call at the Pakistani city for the first time. The terminal is HPH’s second in the country and will open five years later than planned, largely due to difficulties in dredging. The new port will position itself as a transhipment hub.
South Asia Pakistan Terminals will have an initial 1.7m teu annual capacity and a depth alongside of 16 m, dramatically increasing the nation’s box handling capacity. It is scheduled to open in the final week of October.
HPH’s first investment in Pakistan, Karachi International Container Terminal, opened in 1998.