DP World has reaffirmed its commitment to sustainable operations by raising USD 1.5 billion through a Green Sukuk to support its global decarbonisation efforts. The Sukuk, oversubscribed 2.3x due to…
In the presence of the Egyptian Prime Minister, C2X signed a comprehensive Framework Agreement (FWA) with its Egyptian sponsors and partners today. The agreement aims to enable and accelerate large-scale…
DP World, one of the world's leading logistics providers and leading Indonesian conglomerate Maspion Group, has started constructing a new container terminal in Gresik, East Java. The world-class terminal will…
Pakistan National Shipping Corporation (PNSC) Group achieved record-breaking net profit after tax amounting to Rs. 30 billion during the year 2022-23 as compared to Rs. 5.6 billion during the preceding…
Vice Admiral (R) Iftikhar Rao, Special Assistant to the Prime Minister for Maritime, disclosed that the government is shaping a futuristic Shipping Policy keeping in view the new dynamics of…
Mathias Bak, Senior Executive of Maritime Anti-Corruption Network Denmark, led a training session for members of the Pakistan Ship Agents Association, organised by MACN and Global Compact Network Pakistan, with…
Both CMA CGM and Maersk have set ambitious Net Zero target and invest extensively in the energy transition in shipping. The two leading shipping companies will work together to develop…
Prantik Group, formed in 1998, has become a reliable name in the Shipping industry of Bangladesh. The Group has celebrated its twenty-fifth year in Bangladesh this week. The Group provides…
Today, in Karachi, the United States reaffirmed its commitment to partnering with the Government of Pakistan and the port and shipping industry to develop a national action. This plan will…
Maersk (Maersk) and Equinor have signed an agreement securing supply of green1 methanol for Maersk's landmark, new methanol-enabled feeder vessel during its initial months of operation from September 2023 and…
Pakistan National Shipping Corporation (PNSC) said the Senate Standing Committee on Maritime Affairs, headed by its chairperson, Senator Rubina Khalid, held a meeting at the PNSC Building in Karachi on…
Maersk (Maersk) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk's "ECO Delivery" ocean product offering. Maersk estimates this purchase…
DP World today signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat…
Royal Boskalis B.V. (Boskalis) completed a good first half year. The utilization of the fleet was high and all divisions posted a higher revenue combined with a sharp result…
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…
