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Home Asia

Gwadar Port receives another DAP fertilizer vessel for Afghan Transit Trade

by News Publishing
January 16, 2023
in Asia, Finance, New, News
Reading Time: 2 mins read
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Gwadar Port receives another DAP fertilizer vessel for Afghan Transit Trade
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The Gwadar Port operated under the flagship China Economic Corridor (CPEC) has received another bulk vessel of DAP for Afghan Transit Trade and will discharge approximately 28000 metric tons.

The DAP fertilizer received at the port would be transported via Chamman and Torkham, a Planning Ministry official told. The official also stated that trucks were lined up along the East Bay Express Way in the port city, waiting to enter Gwadar Port.
As 3 straight vessels carrying 90,000 MT of ammonia have already arrived at the port and recorded the fastest discharge rate, the port has already begun handling government imports of bulk cargo.

The Ministry of Maritime Affairs, the China-Pakistan Economic Corridor (CPEC) Authority, the Gwadar Port Authority, the Trading Corporation of Pakistan (TCP), and Pakistan Customs are all represented by this, the official added.

These bulk cargoes were discharged and are now being transferred from Gwadar to various locations in Pakistan after being packaged at the port. 450,000 MT of TCP wheat will be handled at Gwadar Port beginning in the next month.

The government decided to have Trading Corporation of Pakistan (TCP) handle the import of urea and wheat through Gwadar Port. Due to the heavy traffic of vessels transporting bulk commodities, which delays the operation and transportation of shipments and disrupts the entire supply chain mechanism, this movement will relieve the severe congestion at other ports in Pakistan.

In terms of 100% local shipping agency services, first priority for local transporters, and other economic activities, the import of these government cargoes gives significant benefits to the locals. It will also create employment chances for locals.

The industrial center of the Gwadar Free Zone, Gwadar Port, provides significant economic advantages to importers through its highly effective operations, state-of-the-art cargo handling, sizable storage facilities for all types of cargo, comprehensive supporting facilities, and quick turnaround and delivery. Due to its special geographic location, Gwadar Port serves as a quick and cheap gateway between the country’s interior and the landlocked central Asian states.

In the near future, the Gwadar port and Freezone will serve as a global commercial hub, assisting Pakistan in generating much-needed foreign exchange and supporting Prime Minister Shehbaz Sharif’s goal of fostering regional economic integration.

A significant portion of the wheat and urea imports at the Gwadar Port will be crucial for the operationalization and for creating economic prospects in Gwadar and along the CPEC routes, both of which are crucial for the improvement of Balochistan.

Tags: Afghan Transit TradeDAP fertilizer vesselGwadar Port
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