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Karachi transships more Middle East-bound cargo amid regional disruptions
KARACHI: Pakistan’s southern port city of Karachi on Sunday received a third transshipment of cargo bound for ports in the Middle East, the Karachi Port Trust (KPT) said, amid ongoing disruptions to regional shipping routes. The development comes as the Strait of Hormuz, a strategic waterway between Iran and Oman and a key transit route, has been blocked by Tehran amid ongoing United States-Israeli strikes on Iran and its counter attacks against several Gulf states.
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Pakistan offers seaport for global cargo transshipment amid Gulf conflict escalation
KARACHI: Pakistan has offered its Karachi seaport for uninterrupted global cargo transshipments as escalating Middle East tensions threaten maritime trade, the country’s largest…
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Karachi transships more Middle East-bound cargo amid regional disruptions
KARACHI: Pakistan’s southern port city of Karachi on Sunday received a third transshipment of cargo bound for ports in the Middle East, the Karachi Port Trust (KPT) said, amid…
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Pakistan says petroleum stocks at ‘comfortable levels’ despite Middle East crisis
KARACHI: Pakistan has “comfortable levels” of petroleum stocks and the supply chains are functioning smoothly, the finance ministry said on Monday, amid an ongoing Middle East…