5 private companies submit proposals on ferry service from Gwadar to Gulf region: maritime ministry
Five private companies on Friday proposed routes for the newly announced ferry service from Gwadar to the Gulf region, according to the maritime ministry.
On July 1, the Ministry of Maritime Affairs announced an ambitious plan to expand Gwadar Port’s operational capacity by introducing additional shipping lines and launching a ferry service connecting Pakistan with Gulf Cooperation Council countries.
The move is expected to provide an affordable, direct maritime link for passengers and cargo, particularly benefiting expatriate communities and cross-border traders.
Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry chaired a meeting on the ferry service today to review the “technical and financial aspects of ferry operations”, a statement by his ministry said.
“Five private companies presented their proposals,” the statement added.
“The interest of the private sector in ferry service has increased,” Chaudhry said, adding that various routes were under consideration. “The ferry service will promote regional connectivity and........
© Dawn Business
