DP World moves 10 millionth unit at London Gateway

DP World announced that its terminal at London Gateway has handled its 10 millionth container, just nine years after the smart logistics hub on the doorstep of the capital opened for business. The milestone illustrates the remarkable track record of growth at London Gateway, which last year transported 1.8m TEU, an increase of almost 650 per cent compared with its first full year of operation in 2014.… Continue

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PNSC inducts vessels registered with the classification society ABS

Pakistan National Shipping Corporation (PNSC) has recently acquired Aframax tankers, i.e. Mardan & Sargodha, in its fleet in August 2022. Both are registered with an internationally recognized classification society i.e. American Bureau of Shipping (ABS). PNSC, in a statement, refuted the media’s false and baseless allegations about their seaworthiness.… Continue

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DP World says work begins on new speculative warehouse at London Gateway

DP World in the UK announced that work has begun on a new speculative 119,000 sq ft green warehouse at London Gateway’s port-centric Logistics Park. The company has witnessed its best year for new business in a decade, with demand for premium warehousing space in the South East of England reaching ‘unprecedented’ levels and a record volume of cargo handled by its two UK logistics hubs at London Gateway and Southampton in the first half of the year.… Continue

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DP World wins the latest judgement in Hong Kong Court over Djibouti concession

DP World has won the latest in a string of court rulings, as it defends its rights as shareholder and concessionaire in Djibouti’s Doraleh Container Terminal. The Court of Appeal of Hong Kong has dismissed the latest request by China Merchants Port Holdings seeking permission to file a second appeal before the Court of Final Appeal, against its previous decision that DP World’s suit against the company should be heard before Hong Kong Courts, and not the courts of Djibouti.… Continue

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KPT offers solutions to avoid heavy detention charges

KPT being the pioneer sea port of Pakistan is always playing vital role in providing the maximum facilities to the business community using Karachi Port. KPT has always been contributing its considerable share whenever any difficult situation is arisen in Pakistan.… Continue

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PNSC earns highest annual profit in FY21-22

Despite the challenging global economic environment, Pakistan National Shipping Corporation (PNSC) Group has achieved highest to date annual net profit after tax amounting to Rs.5,650 million during the year 2021-22 as compared to Rs.2,264 million during the preceding year.

According to results announced today, the earnings per share (EPS) of the PNSC (Group) is Rs.42.75 as against Rs.17.14 in the comparable period last year.… Continue

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Daily cargo handling report of Karachi port trust

The Karachi Port Trust handled 90,363 tons of cargo comprising 57,187 Tones of import cargo and 33,176 Tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 57,187 comprised of 39,132 Tons of Containerized Cargo, 3,687 Tons of Bulk Cargo, 2,194 Tons of Rapessed, 4,500 Tons of Rock Phosphate, 1,838 Tons of Urea, 2,776 Tons of Wheat & 3,060 Tons of Oil & Liquid Cargo.… Continue

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Daily cargo handling report of Karachi port trust

The Karachi Port Trust handled 181,279 tons of cargo comprising 140,523 Tones of import cargo and 40,756 Tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 140,523 comprised of 34,567 Tons of Containerized Cargo, 1,549 Tons of Palm Kernel Expller, 3,326 Tons of Soya Bean Seeds, 1,983 Tons of Sulphate of Potash & 88,989 Tons of Oil & Liquid Cargo.… Continue

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KPT to form a regulatory body to solve the problems of demurrage charges

Karachi Port Trust (KPT) is considering setting up a regulatory body on the demurrage charges, which will be announced soon to determine the demurrage charges at the port. These views were expressed by Karachi Port Trust Chairman Syed Muhammad Tariq Huda in his address at the luncheon held at Korangi Association of Trade and Industry (KATI).… Continue

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Daily cargo handling report of Karachi port trust

The Karachi Port Trust handled 73,095 tons of cargo comprising 48,009 Tones of import cargo and 25,086 Tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 48,009 comprised of 20,976 Tons of Containerized Cargo, 24,087 Tons of Bulk Cargo, 646 Tons of Soya Bean Seeds & 2,300 Tons of Oil & Liquid Cargo.… Continue

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Daily cargo handling report of Karachi Port Trust

The Karachi Port Trust handled 101,750 tons of cargo comprising 64,679 Tones of import cargo and 37,071 Tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 64,679 comprised of 23,074 Tons of Containerized Cargo, 17,364 Tons of Bulk Cargo, 6,908 Tons of Rock Phosphate, 9,550 Tons of Wheat, 7,783 Tons of Oil & Liquid Cargo.… Continue

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Acquisition of secondhand Aframax crude oil tankers by PNSC

PNSC proudly announces the acquisition of second vessel M.T Sargodha, inducted in its fleet on August 11, 2022. With this induction, PNSC’s carrying capacity enhances to 1.046 million metric tons from existing capacity of 0.832 million metric tons, which is the highest PNSC has achieved since its inception in 1979.… Continue

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PNSC acquires two secondhand Aframax Crude oil tankers

Pakistan National Shipping Corporation (PNSC) has announced the acquisition of M.T Mardan, inducted into its fleet on August 3rd, 2022. The other vessel, M.T Sargodha, will be inducted within a week. With the induction of these two vessels, PNSC’s carrying capacity will increase to 107,123 Metric tons; the highest PNSC has achieved since its inception in 1979.Continue

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Engro and Excelerate Energy sign MoU to develop private RLNG sector in Pakistan

Engro Eximp FZE, a subsidiary of Engro Corporation, announced today that it has entered into a Memorandum of Understanding (“MOU”) with Excelerate Energy, Inc. (NYSE: EE) (Excelerate), a leading provider of flexible LNG infrastructure solutions around the world, related to the development of a private sector gas marketing business in Pakistan.… Continue

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Daily cargo handling report of Karachi port trust

The Karachi Port Trust handled 163,265 tons of cargo comprising 136,669 Tones of import cargo and 26,596 Tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 136,669 comprised of 53,067 Tons of Containerized Cargo, 2,148 Tons of Bulk Cargo, 8,250 Tons of Wheat, 3,003 Tons of Yellow Soya Bean Seeds & 70,201 Tons of Oil & Liquid Cargo.… Continue

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Daily cargo handling report of Karachi port trust

The Karachi Port Trust handled 84,886 tons of cargo comprising 50,770 Tones of import cargo and 34,116 Tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 50,770 comprised of 40,302 Tons of Containerized Cargo & 10,468 Tons of Bulk Cargo.… Continue

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DP World reports volume growth of 3.5% in 2Q2022

DP World Limited handled 20.2 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the second quarter of 2022, with gross container volumes increasing by 2.9% year-on-year on a reported basis and 3.5%[1] on a like-for-like basis.… Continue

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Prantik Group facilitates Mongla port dredging operation in Bangladesh.

The Mongla Port of Bangladesh has launched an ambitious dredging project to maintain the draft at a sustainable level. The port authority witnessed the arrival of two world’s biggest non-propelled cutter suction dredgers ( 138 m long, 28 m Breadth “Xin Hai Xu”, and “Xin Hai Teng”), owned by CCECC, China.… Continue

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Daily cargo handling report of Karachi Port Trust

The Karachi Port Trust handled 113,776 tons of cargo comprising 75,830 Tones of import cargo and 37,946 Tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 75,830 comprised of 53,390 Tons of Containerized Cargo, 12,725 Tons of Bulk Cargo & 9,715 Tons of Wheat.… Continue

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KPT handles 51.71 million tons of cargo and 2.21million TEUs in the financial year 2021-22

Karachi Port remained fully functional and operational round the clock basis & its operations, including export and import, witnessed 51.71million tons of cargo and 2.21million TEUs of Containers at the end of the financial year 2021-22, whereas the same corresponding year 2020-21 remained 52.28million tons Cargo and 2.30million TEUs Containers.… Continue

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Daily cargo handling report of Karachi Port Trust

The Karachi Port Trust handled 157,033 tons of cargo comprising 121,498 Tones of import cargo and 35,535 Tons of export cargo during last 24 Hrs ending at 0700 Hours.

TOTAL IMPORT CARGO:

The total import cargo of 121,498 comprised of 55,421 Tons of Containerized Cargo, 14,022 Tons of Bulk Cargo, 480 Tons of DAP and 51,575 Tons of Oil and Liquid Cargo.… Continue

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KCCI appeals for immediate release of containers and waiver of demurrages

Karachi Chamber of Commerce and Industry (KCCI) has strongly denounced the non-clearance of containers at the ports subsequent to the ban imposed on luxury items. The ban was imposed on 85 categories of luxury items vide SRO 598 (i)/2022 which was issued on May 19, 2022.… Continue

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Boskalis opens a new offshore renewables office in Providence, Rhode Island

Boskalis, with a presence in the US market spanning more than forty years, has recently opened a new office to support the rapidly developing US offshore wind market along the east coast. The office, located in Providence, Rhode Island, will serve as the Boskalis renewables hub from which multiple project teams will be supported.… Continue

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Boskalis announces EGM date and publishes Position Statement in connection with HAL Offer

Royal Boskalis Westminster N.V. (Boskalis) has taken note of the press release issued by HAL Holding N.V. (HAL) on 24 June 2022 in which it formally announced the launch of its public offer for all issued and outstanding shares of Boskalis (the Offer).… Continue

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Boskalis completes sale of KST and Maju to Rimorchiatori Mediterranei

Boskalis and its co-shareholder KS Investments Pte. Ltd. (Keppel) have completed the sale of their equity stakes in their harbor towage activities in Singapore and Malaysia (Keppel Smit Towage Pte Ltd and Maju Maritime Pte Ltd) to Rimorchiatori Mediterranei S.p.A. The intended sale was announced on 15 November 2021.… Continue

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