Karachi regains direct Europe shipping link
MG News | October 08, 2026 at 11:31 AM GMT+05:00
October 08, 2026 (MLN): Karachi has regained direct shipping
connectivity with major European ports, as Mediterranean Shipping Company (MSC)
has reinstated its PREMIUM IPAK service, easing the burden of long transit
times and higher freight costs on exporters.
The service will make a weekly call at
Karachi Gateway Terminal International (KGTI) and connect Karachi with Colombo,
Felixstowe, Rotterdam, Hamburg, Bremerhaven, Antwerp, Le Havre and London
Gateway, said a press release issued.
Federal Minister for Maritime Affairs
Muhammad Junaid Anwar Chaudhry said on that MSC had revived the service in
response to exporters' demand for a direct Europe route.
He said textile exporters had recently
met him and flagged difficulties caused by rerouted vessels, particularly
because of the Red Sea situation.
According to the minister, the longer voyages
were pushing up transport costs and delivery times for shipments to European
and US markets, hurting the competitiveness of Pakistani exporters.
The minister described the restored
service as an important development for export-oriented industries, especially
textiles. He said it would give exporters a more direct connection to key
European markets and more options for planning and moving their cargo.
He cautioned, however, that the
reinstatement did not resolve the wider challenges facing international
shipping, as disruptions to established routes continue to affect global trade.
He said the government was taking up
exporters' concerns with shipping lines and other stakeholders to improve
maritime connectivity, reduce logistical bottlenecks and strengthen Pakistan's
access to international markets. He added that the government remained
committed to improving port and shipping services and building a more efficient
maritime logistics system.
Junaid Anwar Chaudhry also commended
Karachi Port Trust (KPT) Chairman Rear Admiral (retd) Shahid Ahmed and the
management of Karachi Gateway Terminal Limited (KGTL) for their efforts in
restoring the link.
Shahid Ahmed said measures were under
way to further improve the efficiency of the maritime logistics system. He said
the restored connection would improve access from Karachi to key European
markets and facilitate exporters.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 168,171.44 79.44M | -0.24% -408.97 |
| ALLSHR | 101,748.21 197.88M | -0.19% -197.98 |
| KSE30 | 50,219.71 44.88M | -0.34% -169.27 |
| KMI30 | 241,446.86 42.28M | -0.17% -415.59 |
| KMIALLSHR | 65,846.46 126.04M | -0.17% -112.27 |
| BKTi | 46,779.83 3.27M | -0.19% -88.21 |
| OGTi | 34,177.13 2.13M | -0.99% -342.97 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 83,040.00 | 83,660.00 82,315.00 | -580.00 -0.69% |
| BRENT CRUDE | 103.32 | 103.37 100.76 | 3.12 3.11% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | 1.20 0.94% |
| ROTTERDAM COAL MONTHLY | 143.70 | 0.00 0.00 | 0.25 0.17% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 90.78 | 90.83 88.77 | 2.50 2.83% |
| SUGAR #11 WORLD | 20.85 | 21.24 20.17 | 0.03 0.14% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Central Government Debt