KARACHI: Pakistan on Thursday approved bulk and vehicle cargo handling under transshipment arrangements for the first time, in a move the maritime ministry described as a step toward positioning the country as a regional logistics hub amid shifting Middle East shipping routes.
The decision comes as the conflict involving the United States, Israel and Iran has disrupted traditional trade flows through the Gulf, particularly around the Strait of Hormuz, prompting shipping lines to explore alternative ports.
The approvals follow recommendations of a high-level committee constituted by Prime Minister Shehbaz Sharif and led by Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry, according to an official statement.
“These strategic decisions mark a significant step toward positioning Pakistan as a competitive and resilient transshipment hub in the region,” the statement said.
Under the new framework, Pakistan will allow the handling of bulk and break-bulk cargo, including commodities such as grains, coal and minerals, under transshipment arrangements, a move expected to increase port throughput and attract new shipping lines.
