AD Ports and KPT to develop Karachi port infrastructure
(Posted on 23/05/23)
A senior delegation from United Arab Emirates (UAE) visited Karachi and met with H.E. Faisal Sabzwari, Federal Minister For Maritime Affairs, Government of Pakistan. The delegation was led by Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group along with senior delegates. AD Ports Group is the leading global facilitator of trade, logistics, and industry. The Group has taken a significant step towards enhancing regional connectivity and fostering economic growth in Pakistan by signing a Memorandum of Understanding (MOU) with the Karachi Port Trust (KPT). The MoU paves the way for enhancing bilateral cooperation and increasing efforts in the development, expansion, and digitalisation of port projects within Pakistan.
The MoU signing between AD Ports Group and Karachi Port Trust represents a shared vision to drive sustainable growth, promote trade diversification, and strengthen bilateral ties between the UAE and Pakistan. The collaboration encompasses a wide range of initiatives and projects aimed at enhancing port infrastructure, optimising operational efficiencies, and embracing digitalisation. The Group will leverage its technical expertise to conduct feasibility studies and analysis, to ensure commercial success of the project.
Captain Mohamed Juma Al Shamisi, CEO and Managing Director of AD Ports Group, stated, “We aim to leverage our Group’s extensive experience and capabilities to transform Karachi Port’s Container Terminal into a premier hub for transshipment as well as imported and exported cargo. In line with our wise leaderships’ vision for economic diversification, we anticipate that this collaboration will propel Karachi Port towards becoming a global hub of global trade and reinforce its significance as a key player in the trade and maritime industries, further stimulating economic prosperity in the region.”
Syed Syedain Raza Zaidi, Chairman Karachi Port Trust stated: "This partnership with AD Ports Group is a significant milestone for Karachi Port Trust. By combining our strengths and expertise, we are poised to unlock unprecedented growth opportunities for our port and the wider trade community. Together, we will work towards transforming Karachi Port into a world-class maritime hub that can effectively meet the demands of the evolving global trade landscape."
Latest News
Leading Vietnamese seaport makes impression at 12th PorTech Asia Summit
(Posted on 17/01/25)Long An International Port has made its inaugural appearance at the 12th PorTech Asia Summit 2025 and... Read more
Rhenus becomes majority shareholder of Bulk Cargo – Port Szczecin
(Posted on 10/01/25)Germany based Rhenus Group has acquired an additional 58,5 percent of shares in the Polish port operation... Read more
AD Ports closes strong year of growth
(Posted on 07/01/25)AD Ports Group has solidified its position as a leading facilitator of global trade and logistics through... Read more
Mukran Port starts 2025 with new management
(Posted on 07/01/25)Mukran Port has welcomed Henry Forster as the new Managing Director of Faehrhafen Sassnitz GmbH. Ines... Read more
EIB provides €80m loan for Bilbao expansion and electrification
(Posted on 17/12/24)The European Investment Bank (EIB) has signed an €80 million loan with the Port Authority of Bilbao... Read more
Steel supplier Outokumpu invests €40m at Mukran Port
(Posted on 11/12/24)Mukran Port on the island of Rügen, Germany, has gained a strategically important partner for the... Read more
AD Ports consolidates digital capabilities into Maqta Technologies Group
(Posted on 11/12/24)Abu Dhabi based AD Ports Group a leading enabler of global trade, logistics, and industry, has announced... Read more
Haivanship expands operations into northern Vietnam
(Posted on 04/12/24)Leading Vietnamese maritime-logistics operator Haivanship (HVS) is growing its Konecranes fleet with... Read more
Ghent boosts bulk handling with a Gen 6 Konecranes Gottwald MHC
(Posted on 29/11/24)Euroports Group is set to strengthen its bulk handling capacity at North Sea Port (Ghent) with the addition... Read more
Europe’s first fully electric tug delivered to Antwerp-Bruges
(Posted on 29/11/24)Damen Shipyards Group has delivered six RSD Tugs 2513 to the Port of Antwerp-Bruges in Belgium. The... Read more
