Second Karachi concession confirmed by AD Ports

Capt. John

AD Ports Group has signed a new concession agreement for bulk and general cargo operations with Karachi Port Trust (KPT). Under the terms of the 25-year agreement, Karachi Gateway Terminal Multipurpose Limited (KGTML), a joint venture between AD Ports Group, the majority shareholder, and Kaheel Terminals, a UAE-based company, will develop, operate and manage the bulk and general cargo terminal berths 11-17 at Karachi Port’s East Wharf.

This agreement builds upon the concession agreement secured...

https://www.themaritimestandard.com/second-karachi-concession-confirmed-by-ad-ports/

Leave a Comment