Report: HPH to Open 2nd Pakistan Terminal This Fall

Karachi International Container Terminal Singapore-based container port operator Hutchison Port Holdings (HPH) is set to launch the operation of its second terminal in Pakistan before the end of 2016, Bloomberg reported. The operations at one of the deepest terminals in the region would be launched after a five-year delay, providing access of mega vessels to Karachi. Initially scheduled to start operations in 2011, a slowdown in road construction and dredging caused a number of delays at the terminal. Although the majority of work at the site was completed, there are still some dredging and road works left to be finalized before the launching. South Asia Pakistan Terminals would be capable of handling up to 1.7 million TEUs annually, Bloomberg cited sources. Hutchison’s port is reportedly set to start operations at the terminal in the last week of October and will aim to handle 250,000 TEUs in the first year. World Maritime News contacted Hutchison Port Holdings for details on the terminal operations, however, the company is yet to reply. World Maritime News Staff