Pakistan International Container Terminal
Pakistan International Container Terminal (PICT) is a container terminal port, located at East Wharf of the Port of Karachi.
| Type | Public |
|---|---|
| PSX: PICT | |
| Founded | 2002 |
| Headquarters | Karachi, Pakistan |
| Parent | International Container Terminal Services |
| Website | www |
History
PICT was established in 2002 to finance, construct and operate a common user container terminal at East Wharf of the Port of Karachi.[1] In 2003, the company went public and was listed on the Pakistan Stock Exchange.[2]
It was completed in April 2004 to provide services to all shipping lines.[3]
As of 2012, it has a maximum handling capacity of 750,000 TEUs.[4]
In 2012, International Container Terminal Services acquire 35 per cent of the PICT.[4]
Awards
Pakistan Stock Exchange Top 25 Companies Awards
PICT received TOP 25 Companies Award from Pakistan Stock Exchange in the years 2013, 2014, 2015, 2018 and 2019
The company was listed on the Karachi Stock Exchange in 2003.
References
- "Deal signed for Karachi Port expansion". DAWN.COM. 24 April 2005. Retrieved 2 August 2019.
- "Company Profile".
- "Common user container terminal". DAWN.COM. 16 August 2003. Retrieved 2 August 2019.
- "Philippine operator to buy 35 per cent of Pakistani container terminal". DAWN.COM. 2 April 2012. Retrieved 2 August 2019.
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