PICT Karachi handling ro-ro ships again
NewsMessina Line’s JOLLY QUARZO is the first ro-ro vessel to call at Pakistan International Container Terminal in almost 20 years
Private PICT
Captain Z I Awan, chief executive officer of Pakistan International Container Terminal (PICT), has drawn our attention to an error in the story “Work begins on Pakistan deepwater terminal” in the April 2010 issue of WorldCargo News (p40).
The story described PICT as staterun terminal, which is not the case. PICT is a private terminal, majority owned by local marine group Premier Mercantile Services (Pvt) Ltd, led by Capt Haleem Siddiqui. The terminal is financed by the International Finance Corporation (IFC) and the OPEC Fund for International Development and its shares are traded on the Karachi Stock Exchange.
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This complete item is approximately 100 words in length, and appeared in the July 2010 issue of WorldCargo News, on page 11. To access this issue download the PDF here.
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