17.7 C
Thursday, September 16, 2021
Home Port News ICTSI Pakistan reaches 10 million TEU milestone

ICTSI Pakistan reaches 10 million TEU milestone

The International Container Terminal Services, Inc.’s (ICTSI) subsidiary, Pakistan International Container Terminal (PICT) has recorded a milestone after 19 years of operations at the Port of Karachi, by handling its 10-millionth TEU.

“This hallmark achievement is a result of synchronised efforts and dedication of our entire team, along with the fortifying partnership and cohesion with our esteemed customers, who are among the key elements of our successful operations," claimed PICT Chief Executive Officer, Khurram Aziz Khan, who led a ceremony to commemorate the landmark achievement.

The event was joined by the Regional Head of ICTSI in Europe, Middle East and Africa, Hans-Ole Madsen, the Independent Director of PICT, Rune Rasmussenas as well as PICT’s senior management team.

“The 10 million TEU milestone is PICT’s expression of commitment to supporting the economic resilience of the country" stated Aziz Khan who added that "our vision to become the container terminal of choice in Pakistan’s busiest port city resonates with actions focused towards improving the ease of doing business, promoting digitalisation, and provision of efficient customer services to our clientele."

The Pakistani terminal PICT which offers connections to Central Asia, Afghanistan, and the Western China hinterlands has ranked five times among the top 25 companies at the Pakistan Stock Exchange, topped the Corporate Excellence Awards for the past consecutive years, and has also been recognised for adherence to industry best management practices, according to ICTSI.

Latest Posts

MCS resolves FMC dispute with COSCO, complaint against MSC pending

US furniture manufacturer MCS Industries, which had filed a complaint to the Federal Maritime Commission (FMC) alleging that Chinese state-owned shipping group COSCO Shipping...

Los Angeles sees steady box traffic in August

The Port of Los Angeles (POLA) has recorded a steady amount of cargo volumes during August, compared to the same month last year, driven...

DG cargoes galore in Chittagong port mounting risks

Bangladesh’s prime gateway, Chittagong port seems to be under severe risk with approximately 486 tonnes of dangerous goods (DG) cargoes remain stored in its...

GSBN partners with banks worldwide to bridge US$1.5 trillion trade financing gap

The independent, not-for-profit technology consortium Global Shipping Business Network (GSBN) welcomes the Bank of China (BOC), DBS Bank (DBS) and The Hongkong and Shanghai...

Swissterminal starts fully electricity operations in Switzerland

Swissterminal AG has begun to operate its terminal sites in Switzerland with 100% renewable electricity in a framework to achieve net-zero emissions from its...