PIBT handled record 1.04MTs of coal cargo in December 2020

LAHORE – Pakistan International Bulk Cargo Terminal (PIBT) handled a record 1.04 million tons of coal cargo in December 2020; this means more than 0.791 million tons of cargo handled in December 2019. The million-ton solid makes PIBT the country’s leading bulk terminal. The terminal also handled 5.27 million tons of cargo between July and December 2020; This is more than 19.7 percent of the 4,407 million tons of coal handled in the same period of 2019. A total of 92 cargo ships arrived in the last six months.

The total number of ships handled at the terminal between July 2019 and December 2020 was 77. “This performance over the past six months clearly coincides with our goal of operating at international efficiency levels and setting industry standards for the most efficient shipping. PIBTL CEO Sharique Siddiqui added that PIBT is an integral part of the nationwide coal supply chain. Pakistan International Bulk Cargo Terminal (PIBT) was established at Qasim Port at a total cost of $ 305 million on a BOT (Build, Operate and Transfer) basis to transform the handling of dirty bulk cargo to modern environmentally friendly standards.

It is a state-of-the-art terminal capable of handling up to 12 million tons of coal and 4 million tons of cement and clinker per year. The terminal started operations in 2017 and has handled 452 ships and a total of 25.2 million tons of cargo since then.

Updated: January 21, 2021 — 6:54 pm

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