Economy

MV Selen: First Pakistani vessel to reach Karachi port after Strait of Hormuz reopened

Asia / Pakistan0 views1 min
MV Selen: First Pakistani vessel to reach Karachi port after Strait of Hormuz reopened

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MV Selen, a Pakistani container vessel, has arrived at Karachi Port after the Strait of Hormuz was reopened following a ceasefire between the US and Iran. The vessel's arrival marks the resumption of containerised trade and reinforces confidence in maritime supply chains.

MV Selen arrived at Karachi Port on Saturday night, becoming the first Pakistani vessel to do so after the Strait of Hormuz reopened. The vessel came from Jebel Ali in the UAE. The Strait of Hormuz was reopened after a ceasefire between the US and Iran. The waterway is crucial for global energy supply, handling around 20% of it. The reopening is expected to stabilise the global energy market. The arrival of MV Selen signals the resumption of containerised trade.

This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.

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