News / 'Humongous' container logjams at Pakistan ports as forex crisis bites

Port of Karachi © Imran Ahmed

Container carriers serving Pakistan’s ports are wrestling with an acute foreign exchange crisis in an already challenging market environment.

Local industry sources say the inability of importers to secure delivery orders for the timely clearance of cargo has created a bottleneck of alarming proportions at the port city of Karachi, which includes nearby Port Qasim.

“Thousands of containers are already stuck in the docks, creating a supply chain logjam,” one Karachi-based ship agent told The Loadstar.  “The backlog is humongous.”

Concerned over the rapidly escalating ...