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Pakistan International Container Terminal, Ltd. (PICT), Karachi, Pakistan

BACKGROUND

Managed by:


 
Pakistan International Container Terminal (Ltd) 
Berths 6 to 9, East Wharf, Karachi Port, Karachi - Pakistan

Telephone
Fax
Email
URL
: (92-21) 32855701 
: (92-21) 32857515 
:
info@pict.com.pk
:
www.pict.com.pk

In October 2012, International Container Terminal Services, Inc. (ICTSI), through ICTSI Mauritius Limited (ICTSIML), signed a definitive Share Purchase Agreement (SPA) with Pakistan International Container Terminal (PICT) to acquire 35 percent of the outstanding shares of PICT.

ICTSIML purchased additional shares of PICT in November and December 2012, increasing ICTSIML’s ownership to 63.59 percent. The purchase effectively gave ICTSI control of PICT’s 21 year concession at the Karachi Port that began in 2002.


INFRASTRUCTURE

Terminal Area: 21 hectares
Annual capacity: 750,000 TEUs
Storage area: 5 hectares
Berth length: 600 meters


EQUIPMENT

· 6 quay cranes
· 20 rubber tired gantries