Shipping lines seek to expand scope of their operations
KARACHI: Shipping lines operating in Pakistan seek to expand the scope of their operations, making deliveries of goods to the final destination as the country plans to broaden the scope…
Ministry of Maritime Affairs advises shipping lines to waive container detention till April 30th
KARACHI: For the first time since lockdown, Ministry of Maritime Affairs has advised shipping companies and their agents to waive container detention charges and other charges in connection till April…
FPCCI counteracts shippers’ reasons for not waiving detention charges
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has reacted to the claims of shipping lines that they would suffer loss if detention charges were waived, and…
Shippers express inability to waive detention charges
KARACHI: Shipping lines have expressed their inability to waive container detention charges, which was requested by the ministry as well as Customs, because the shipping industry itself is hit by…
Standard Drilling agrees to sell Standard Supporter for $15mn
LIMASSOL: Through its wholly owned subsidiary Standard Supporter AS, S.D. Standard Drilling Plc, has agreed to sell UT 776 CD PSV vessel namely Standard Supporter for USD 15 million. The…
Pakistan, Iran agree on resuming ferry service, establishing shipping link to increase trade
ISLAMABAD: Pakistan and Iran have expressed readiness to resume ferry service between the two countries while establishing shipping service is also under consideration. An Iranian delegation headed by Reza Rahmani,…
NAKILAT expands fleet with 4 additional LNG carriers, bringing its fleet to 74 vessels
DOHA: Qatar Gas Transport Company (NAKILAT) has established a new joint venture (JV), ‘Global Shipping Co. Ltd.’, with shipping company Maran Ventures Inc. Under the agreement, Nakilat will have a…
Century old maritime laws should be amended: APSA
KARACHI: Chairman, All Pakistan Shipping Association (APSA), Asim Siddiqui has demanded of the government to amend the century old maritime laws that are hampering shipping sector growth in Pakistan. Reiterating…
Maritime & Seaboard Exhibition at Karachi Expo in March
KARACHI: Pakistan has phenomenal maritime resources with great opportunities of investment through development and modernization of this sector. In this regard, Hussaini Concepts & Solutions (Pvt.) Ltd (HCS) along with…
First ever consignment of Pet Coke unloaded at PIBT Port Qasim
KARACHI: Pakistan International Bulk Terminals Limited (PIBTL) has achieved a milestone in cargo handling by efficiently unloading first ever pet coke coal vessel at PIBT Terminal in just around 17…
Ministry of Commerce allows release of plastic scrap consignments
KARACHI: The Ministry of Commerce has advised the Federal Board of Revenue (FBR) to release the held up plastic scrap consignments. The Ministry had received several requests for release of…
Wheat import sans regulatory duty payment; suspended staff demands independent fact finding committee
KARACHI: The Federal Board of Revenue (FBR) has extended the suspension of MCC Port Qasim appraising staff, suspended in connection with the assessment and clearance of consignment of ‘wheat’ without…