DP WORLD announces resilient 1H2023 results.
DP World Limited has announced resilient financial results for the first six months to 30 June 2023. On a reported basis, revenue grew by 13.9% to $9,037 million and adjusted…
DP World Limited has announced resilient financial results for the first six months to 30 June 2023. On a reported basis, revenue grew by 13.9% to $9,037 million and adjusted…
DP World expects to add approximately 3 million Twenty-Foot Equivalent Units (TEUs) of new container handling capacity by the end of the year, adding much-needed infrastructure and capacity to boost…
Boskalis announces that subsidiary SMIT Salvage has removed all oil from the FSO Safer, located off the coast of Yemen in the Red Sea. During this United Nations (UN) coordinated…
S I Global Solutions has succeeded by upgrading Deep Sea container port cranes with a state-of-the-art advanced surveillance system and the latest technology to improve port operations such as cargo…
Seagold Private Limited, one of the leading logistics companies in Pakistan, is thrilled to announce that it has been honoured as one of the Top Cargo Agents for Karachi by…
Mr Zubair Motiwala, the Chief Executive (CE) of the Trade Development Authority of Pakistan (TDAP), visited the Ministry of Mines and Development, Afghanistan and Afghan Customs Headquarters, Kabul. Mr Motiwala,…
Pakistan Ship's Agents Association (PSAA) has requested the government to allow the import of critical spare parts for foreign vessels to maintain their voyage smoothly. The facility was suspended for…
The premier port of Pakistan - Karachi Port cargoes and container handling were impacted in FY23 due to a challenging economic situation on the local and international front. The KPT…
A.P. Moller - Maersk (Maersk) has made an order for six mid-sized container vessels – all having dual-fuel engines able to operate on green1 methanol. Yangzijiang Shipbuilding Group will build…
DP World is set to commence operations at Indonesia's Belawan New Container Terminal (BNCT), after finalising an agreement with the Indonesia Investment Authority (INA) and Pelindo to manage the terminal…
Rear Admiral Jawad Ahmed, Chairman and CEO of the Pakistan National Shipping Corporation (PNSC), revealed that 80% of the oil imported into Pakistan is transported through the PNSC. Highlighting the…
Karachi Gateway Terminal Limited (KGTL), a joint venture of UAE's Abu Dhabi Port Group and Karachi Port Trust to improve infrastructure and facilities at one of the major ports of…
DP World is accelerating its adoption of renewable energy at the Port of Santos, Brazil's leading multipurpose private terminal, as a vital step in its global strategy to achieve carbon…
According to Shipping Industry sources, Pakistan International Container Terminal (PICT) will become Karachi Gateway Terminal Limited (KGTL) following the change of hands at Karachi Port tomorrow. The AD Ports Group…
Pakistan Single Window (PSW) in collaboration with the Ministry of Maritime Affairs has successfully integrated the Marine Fisheries Department (MFD) and Mercantile Marine Department (MMD) into its network of digitally…
Maersk (Maersk) has secured green methanol for the maiden voyage of the world's first methanol-enabled container vessel. Achieving this green fuel milestone is significant for the company and the industry's…
KPT Board of Trustees has taken a major step by rationalising revising the tariff schedule. This measure was deemed essential in the wake of the incremental increase in fuel prices,…
The Pakistan National Shipping Corporation (PNSC), a state-owned entity, will soon commence boat services for its managed, chartered, and agency vessels at various ports in Pakistan. Interested service providers are…
Copenhagen, Denmark – Ursula von der Leyen, the president of the European Commission, has kindly accepted to be named godmother of A.P. Moller - Maersk's new feeder vessel, the world's…
On Sunday, Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW), said the conspiracy to destroy Pakistan economically, politically, and defensively by making it hostile towards China had been foiled.…
Federal Minister for Maritime Affairs, Faisal Sabzwari, announced that a contract worth $500 million is being negotiated with gulf countries, including Abu Dhabi. The intergovernmental agreement policy has been formulated…
Mr Suleman Chawla, Acting President FPCCI, has welcomed the inauguration of Pakistan – Russia shipping & cargo service; and pinned his hopes that trade with Russia will usher the country…
On its maiden call, the container vessel "Crystal St Petersburg" reached Karachi Port in 21 days. The vessel was berthed at KICT. During an event, Minister for Maritime Affairs Syed…
DP World cut direct carbon emissions from its global operations by 5% last year, according to its latest Environmental Social and Governance (ESG) report, reflecting progress towards its 2040 carbon-neutral…
Pakistan National Shipping Corporation (PNSC) and Bahria Classification Society (BCS) signed MoU for capacity building of BCS, for providing professional and sea training practically to BCS surveyors as PNSC resolve…