The transformation of Dubai and the UAE is the result of vision, innovation and planning ahead for the long term said DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem at the Investment Corporation of Dubai (ICD) Global Investment Forum in Dubai today.
Global trade enabler DP World will develop a greenfield economic free zone in Somaliland to complement the development of the Port of Berbera, which has seen record container volumes under DP World management. DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem and Republic of Somaliland Minister for Foreign Affairs and International Cooperation Dr.
Total investment over $1 billion, thousands of jobs during development
The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem today performed a ground-breaking ceremony to mark the start of construction of the greenfield multi-purpose port project at Posorja, Ecuador.
The Board of Directors of Pakistan National Shipping Corporation (PNSC) in its meeting held on 27th April 2016 has approved the financial results for last nine months. It has achieved Group after Tax Profit of Rs 1,364 million during nine months period ended March 31, 2016 against Rs 1,051 million in the same period last year.
Pakistan National Shipping Corporation (PNSC) has successfully swapped its loan of Rs 3.3 billion with another loan on soft terms; with a repayment period of four years on low mark-up and as a consequence PNSC has saved tens of millions of rupees.
The well attended 5th Professionals Shipping , Logistics & Supply Chain Management Conference & Exhibition ended with speech by Chief Guest Mr. Kamran Michael ( Federal Minister for Ports & Shipping, Government of Pakistan ).
In his speech the federal Minister for ports and shipping accepted the deliberations , concerns and recommendations of the conference being shipping and logistics support services in shambles in our country , infra structure in a dilapidated state and supply chain management depends on out sourcing .
The cargo handling activities of the Karachi Port has gained a fast paced momentum which resulted in breaking all previously set records of cargo handling. The financial year 2014-15 has remained phenomenal for KPT as Karachi Port registered a record handling of 43.42 million tons cargo and 1.72 million Container TEUs (twenty equivalent units) during this financial year.