TC Jul-Aug 2022 Issue

TRADE CHRONICLE Jul - Aug - 2022
KPT handled 51.71m tons cargo,
2.21m TEUs containers in 2021-22
Karachi Port Trust (KPT) remained fully
functional and operational on round
the clock basis and its operations,
including export and import witnessed
51.71 million tons cargo and 2.21
million TEUs containers at the end
of financial year 2021-22 whereas the
same corresponding year 2020-21
remained 52.28 million tons cargo and
2.30 million TEUs containers.
The breakup shows, dry cargo import
and export at the end financial year
2021-22 closed at 36.64 million tons
as against 39.94 million tons the same
corresponding year 2020-21. Similarly,
this financial year (2021-22), liquid bulk
cargo import and export increased by
22 percent and closed at 15.07 million
tons as compared 12.33 million tons
was handled last year 2020-21.
handled at last year 2020-21
with remarkable increased by
19 percent.
In continuation of above, the break-up
of export cargo at the end of financial
year 2021-22 was remained closed
at 16.17 million tons as against 15.81
million tons at the same corresponding
year 2020-21 which seems on higher
side with 2.27 percent growth.
At the end of financial year 2021-
22 the container handling at KPT
of import and export including all
private container terminals remained
closed at 2.21 million TEUs (twenty
feet equivalent unit) from 2.29 million
TEUs handled last year i.e. 2020-21.
The breakdown shows the import
containers remained 1.10 million TEUs
against 1.15 million TEUs handled last
year similarly the export containers
was 1.11 million TEUs from 1.14
million TEUs a year ago.
KPT by the Grace of Almighty, with
a solid support by the government
and a wholehearted activity by its
stakeholders, hard work by the
workforce continues as a flag bearer
of success in Pakistan economic
front against a world wise gloom of
recession.
KPT always preferred to facilitate its
port users and the trade community
through best business policies in
this regards KPT always endeavors
on facilitating its port users through
adopting friendly business policies
in line with the policies of present
government. Cognizant of its
importance the KPT is more focused
in its approaches on right track.
The breakup shows, the import cargo
at the end of financial year 2021-22
remained closed at 35.54 million
tons as against 36.47 million tons at
the same corresponding year 2020-
21. Similarly, the same financial
year (2021-22), liquid bulk cargo
import registered 14.07 million tons
as compared 11.80 million tons was
FOTCO asked to submit
its proposal afresh
Port Qasim Authority (PQA)
has directed Fauji Terminal and
Distribution Company Ltd (FOTCO)
to submit fresh modified design
in its terminal to handle 100,000
DWT (Deadweight tonnage) vessels
as Supplemental Implementation
Agreement (SIA).
FOTCO Jetty located at Kadiro Creek
at the offshore terminal, Port Qasim
was originally designed to handle oil
tankers upto 75,000 DWT. FOTCO
desired to evaluate the existing Jetting
Structure to berth ships/tankers upto
100,000 DWT.
Secretary PQA, in a letter to Chief
Operating Officer M/s FOTCO, has
referred to FOTCO’s letter written on
June 1, 2022 titled “enhance POL vessel
DWT capacity berthed at FOTCO
and said that FOTCO may provide
afresh complete proposal for carrying
out technical/strength evaluation of
jetty and associated infrastructure
for handling of 100,000 DWT vessel”
and Full Mission Bridge
Simulation (FMBS) studies as
per international codes and
standards. The proposal shall
be reviewed/evaluated by PQA
Consultant i.e. Nespak and
subsequently approval of PQA
Board be sought.
Secretary PQA has further stated
that FOTCO may conduct these
studies for entire satisfaction of
all the stakeholders. On receipt
of these studies duly reviewed
vetted by PQA Consultant,
Supplemental Implementation
Agreement subject to approval of
the PQA Board shall be signed as the
existing vessel handling capacity of
terminal is 75000 DWT according to
Implementation Agreement (IA).
Secretary PQA in his letter has
suggested that based on terms and
conditions of the SIA, FOTCO shall
furnish design, drawings, planning for
the modification/ alteration as per the
international codes and standards. PQA
Consultant shall review/vet the same.
FOTCO may commence modification/
19
Moreover, the KPT hopes to do
even better with an eye on its
prospective business plan for the
short and medium term future with
encouragement from the Government
through its friendly policies and whole
hearted participation from the private
sector the tide of success should, God
willing, continue unabated.
alteration of Terminal as outcome
of these studies. FOTCO is further
required to prepare complete dossier
with regard issuance of successful
commissioning certificate in terms
of the SIA for terminal’s readiness to
handle 100,000 DWT vessels.
PQA Consultants shall witness it and
accordingly successful commissioning
certificate shall be issued. PQA
Consultant remunerations shall be
borne by FOTCO. Thereafter revised
Notice to Mariners will be considered
for issuance, he added.