SMAP and PNSC collaborate to address the Red Sea crisis, enhance maritime solutions and exports

Qasim Yaqoob Paracha, the Acting Chairman of the Salt Manufacturers Association of Pakistan (SMAP), met with the Pakistan National Shipping Corporation (PNSC) officials to discuss the recent security concerns in…

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Federal Minister of Maritime Affairs, Communication & Railway visits Gwadar port city.

To closely monitor and evaluate the progress of development initiatives in Gwadar, Capt. (R) Shahid Ashraf Tarar, the Federal Minister of Maritime Affairs, Communication & Railway, undertook a comprehensive two-day…

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Gulftainer extends its concession agreements with the Sharjah Ports, Customs and Free Zones Authority.

Gulftainer, a leading regional ports and terminals operator and a provider of supply chain and logistics solutions, announced that it has extended its concession agreements with the Sharjah Ports, Customs…

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PNSC successfully added to its fleet two Aframax Oil Tankers –pin hope for better results in future

The National Flag Carrier, Pakistan National Shipping Corporation (PNSC), convened its 45th Annual General Meeting for the financial year 2022-23 on October 26, 2023, in Karachi. Chairman PNSC, Rear Admiral…

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Battery production equipment inaugurates a new container terminal in Arendal, Southern Norway.

Morrow Batteries ASA ("Morrow") is receiving the first shipment of battery production equipment this week at the newly established container terminal in Arendal. The container ship "Thea II" arrived in…

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PKR appreciation to reduce exchange losses of PIBTL – Upward trajectory in script price to be seen.

According to Spectrum Research, the strengthening of PKR against the USD by 4% since Jun'23 is poised to mitigate the foreign exchange losses, as the PIBTL holds foreign currency-denominated loans…

Continue ReadingPKR appreciation to reduce exchange losses of PIBTL – Upward trajectory in script price to be seen.