HomeCPECThe first container line service between #Karachi, #Gwadar and the #Gulf was...

The first container line service between #Karachi, #Gwadar and the #Gulf was successfully initiated on Wednesday

According to the statement issued by #China Ocean Shipping Company (#COSCO), the new service rotation of Port Qasim – Karachi – Gwadar – #JebelAli#Sharjah#AbuDhabi – Jebel Ali – Port Qasim connects Gwadar with global trading hubs of the regions.

The container line service of COSCO Shipping Line is an integral part of the China-#Pakistan Economic Corridor (CPEC) which connects Afghanistan, the Central Asian states and western China.

“Since the initiation of KGS (Karachi-Gwadar-Gulf Service), Gawadar Port has operationally connected with the world’s seaports,” the statement read. “Tax incentives for the investors of Gwadar Free Zone has also been approved by the ECC (Economic Coordination Committee) during the last meeting held on August 2019 in Islamabad”

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