Explanation:

Gwadar Port is located on the shores of the Arabian Sea in the city of Gwadar, which is located in the Pakistani province of Balochistan. The port is situated 533 km from Pakistan's largest city, i.e., Karachi, and is approximately 120 kms from the Iranian border. It is situated 380 km (i.e. 240 mi) away from Oman and to the near key oil shipping lanes from the Persian Gulf. Ports's significance: The port holds great strategic and economic importance for Pakistan. It is the third significant deep seaport of Pakistan after Karachi and that of Qasim ports. It is situated at the cross-junction of the international sea shipping and of oil trade routes. Gwadar may act as an international trade hub for Pakistan.