Pakistan, July 20 -- ISLAMABAD - The federal government has announced a major 50% reduction in port charges at Karachi Port to improve trade efficiency and promote environmentally friendly practices in maritime logistics. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry shared the update on Saturday, stating that the move is part of a broader plan to decarbonise the shipping sector and encourage sustainable growth.

The decision includes slashing port handling, vessel, and storage charges by half, while cancelling a previously planned 5% annual hike in these fees. According to the minister, this step will help exporters-especially those handling dry bulk cargo-by cutting costs and reducing emissions through faster, les...