AD Ports to review KPT cargo tariffs

AD Ports Group, a UAE-based logistics company, has agreed to review existing terminal cargo handling charges following Pakistan's demand for a reduction in fees at Karachi Port, aimed at making port operations more competitive and business-friendly. The federal government has constituted a negotiation committee to engage with AD Ports Group on the issue of cargo handling charges. The committee comprises Chairman Karachi Port Trust (KPT) Rear Admiral Shahid Ahmed, along with the country representative of AD Ports Group. The committee is expected to submit its recommendations within seven days. Sources told The Express Tribune that agreements signed by the previous government with AD Ports Group carried higher charges, which compromised Pakistan's commercial interests.