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Articles for tag: businessmen, decrying, fees, FPCCI, increase, KGTL, Latest, port of Karachi, terminal, terminal fees

February 28, 2024

News Desk

Businessmen are decrying the increase in terminal fees

Businessmen called for the formation of a container terminal regulator to ensure a better working environment. Photo: Archive KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senior Vice President (SVP) Saquib Fayyaz Magoon said that the business, trade and industry community is in a state of shock and disbelief over the threefold increase in container terminal fees. The terminal fee has been increased since Karachi Gateway Terminal Limited (KGTL) took over the management of the container terminal at Karachi Port’s East Wharf. Earlier, the charges were Rs 150 per tonne but now they have been increased to Rs

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