KPT signs MoU with Metro Gas for establishing a virtual gas pipeline

KARACHI: Metro Gas Pvt Ltd has entered a memorandum of understanding (MoU) with Karachi Port Trust (KPT) for establishing a virtual pipeline system for disseminating liquefied natural gas (LNG) across Pakistan. The MoU was signed by Rear Admiral Zaka ur Rehman, GM Operations, on behalf of KPT and Owais Mir,… Continue reading

OCAC Statement on Petrol Availability

Karachi: On behalf of Oil Marketing Companies (OMCs) & Refineries operating in Pakistan, Oil Companies Advisory Council (OCAC) would like to inform that current stocks of Petrol (Motor Gasoline) are continuously being replenished by OMCs from supplies being made available through local Refinery’s production & regular arrival of vessels carrying… Continue reading

“UBG Slams Huge Increase in KDLB Wages of 33% at KPT.”

Chairman United Business Group (UBG) Sindh Khalid Tawab (Sitara-e-Imtiaz) who is also past Senior Vice President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and past Provincial Minister for Industries while talking to the press said we are fully supportive of workers getting their just dues. However it is… Continue reading

Government Should Take Preventive Measures to Protect Economic Growth Anjum Nisar, President FPCCI

Mian Anjum Nisar, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Government to take preventive measures and develop strategy to protect the pace of economic and trade progress of Pakistan from likely impacts of world economic slowdown apprehended by leading think tanks due… Continue reading

SHC adjourns petitions filed by container terminal operators Scanning charges

KARACHI: The hearing of four identical petitions filed by Karachi International Container Terminal Ltd, Pakistan International Container Terminal, South Asia Pakistan Terminal Ltd VS Pakistan and Qasim International Container Terminal Pak Ltd versus Federal of Pakistan and others was adjourned on Thursday by a customs appellate bench of High Court… Continue reading

SHC order shifting of goods to CPF bonded ware house

KARACHI: A customs appellate bench of High Court of Sindh (SHC) headed by Justice Mahmood A Khan on Wednesday allowed a request by Master Road Corporation (SMC PVT) Ltd, Lahore for shifting of its goods to Customs CPF Bonded warehouse. The Chairman FBR, Collector Customs, Appraisement East and West, Director… Continue reading

A ship Olympus carrying 48,680 tons pet coke arriving at KPT

KARACHI: A ship Olympus carrying 48,680 tons of Pet Coke is arriving on Karachi Port Trust on Friday, suggests the KPT website. “This is a clear violation of Supreme Court’s ruling against handling of coal and hazardous material at KPT,” an industry official said. Pet Coke is a solid fuel… Continue reading


KARACHI: An appellate bench of High Court of Sindh (SHC) on Wednesday adjourned hearing of a Special Sales Tax Reference Application filed by Sindh Revenue Board against Karachi Port Trust. The counsel appearing for the KPT submitted that KPT is a federal government entity under administrative control of federation and… Continue reading

SHC to hear multiple tax, demurrage case on March 26

KARACHI: A customs appellate bench of High Court of Sindh (SHC) on Friday fixed March 26 to hear a case of multiple claims by custom authorities, banks, shipping agency, KPT in a case of sugar imported by Suleman Corporation from India. The consignment was imported in a period of acute… Continue reading