The primary seaport of Pakistan, Karachi Port Trust, has delivered exceptional cargo handling operations, both in Import and Export, culminating in a significant 23.43% rise in cargo handling at the…
The Maritime and Port Authority of Singapore (MPA) and Nippon Yusen Kabushiki Kaisha (NYK) have signed a memorandum of understanding (MoU) to deepen their partnership and accelerate maritime decarbonisation, digitalisation,…
Royal Boskalis B.V. (Boskalis) has signed an agreement to acquire all remaining shares (50%) in Smit Lamnalco. Smit Lamnalco offers terminal services and had an annual revenue of approximately USD…
Federal Minister for Communications, Board of Investment and Privatization Abdul Aleem Khan was called on by Russian Ambassador to Pakistan Albert P. Khorev in which matters of mutual interest and…
PNSC, under the directives of Mr. Qaiser Ahmed Sheikh, Federal Minister for Maritime Affairs, organized the Day of the Seafarer on June 25, 2024, at KPT Staff College, with the…
Karachi Port Trust (KPT) commemorated World Ocean Day with a special ceremony highlighting marine conservation and sustainable practices and underscoring the oceans' vital role in supporting life on Earth. The…
Hutchison Ports Pakistan efficiently Handled MSC ANNA, one of the largest vessels in the world with an impressive 400-meter length, completing operations in just 32 hours. This achievement highlights the…
Khurram Ejaz, the former president of the Karachi Customs Agents Association, has sharply criticised port authorities for their lack of preparation in clearing the stuck containers at Karachi Port. In…
The Karachi Port Trust (KPT) proudly announces the historic arrival of MSC ANNA, the largest container vessel to dock in Pakistan, at the South Asia Pakistan Terminal Limited (SAPTL). This…
Pakistan International Bulk Terminal (PIBTL) has addressed details of its operation and the future outlook for coal and cement handling in Pakistan. Topline Pakistan Mid Cap Call Conference 2024 provided…
Mr Atif Ikram Sheikh, President of FPCCI, has informed that the Chaman border has been closed once again for the past week, and thousands of trucks and other vehicles have…
DP World has won two new awards at the 2024 SEAL Business Sustainability Awards, which honours leadership, innovation, and commitment to sustainable business practices. SEAL Sustainability Awards honorees ranged from…
Mr. Atif Ikram Sheikh, President of FPCCI, has informed that Mr. Qaiser Ahmed Sheikh, federal minister for maritime affairs, has, in principle, agreed to FPCCI's demand that there should be…
Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh has assured the business community that the decision about establishing the regulatory body to govern the shipping lines will be taken after…
Marking a momentous occasion in the nation's transportation infrastructure, the country's leading energy companies, Pakistan State Oil (PSO) and Pakistan Railways (PR), inaugurated two Upgraded Railways, Filling and Storage Facilities…
Sheikh Mohammed Tariq, Vice Chairman of the All Pakistan Customs Agents Association (APCAA), draws the attention of the concerned authorities and entities to the issue faced by importers during the recent…
Karachi Port Trust Oil Pier No.OP-1 is commissioned for shipping/berthing from 15 April 2024 until further orders. Source: Karachi Port Trust notice dated 15 April 2024
Secure Logistics Group Ltd IPO's book-building phase will be held on March 27th and 28th. High-net-worth individuals and institutional investors will subscribe to 100% of the issue size (50 million…
Bangladeshi bulk carrier Abdullah was reported under attack by pirates in the vicinity of position lat 01 27 00N, long 054 53 00E, about 550 nautical miles east of Mogadishu,…
DP World Limited has announced resilient financial results for the year ended 31 December 2023. On a reported basis, revenue grew by 6.6% to $18,250 million and adjusted EBITDA³ rose…
Mr. Saquib Fayyaz Magoon, SVP FPCCI, has apprised that the business, industry and trade community is in a state of shock and disbelief at the three-fold increase in container terminal…
KPT Oil Pier No.OP-2 is temporarily commissioned for shipping operation/berthing effective 29 February 2024, and the remaining maintenance dredging work will be intimated later. Hence, OP-2 is operational with the…
According to the PNSC yearly report (1HFY24), during the current period, the pivotal financial and macroeconomic indicators USD PKR parity and interest rate (KIBOR) showed upward movement by 27% and…
Gold Standard and Stillstrom have introduced a significant initiative to reduce greenhouse gas emissions within the shipping sector. The 'Methodology for Emission Reduction by Shore-side or Offshore Electricity Supply System'…
DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar), a global leader in clean energy, to explore and implement renewable energy systems across DP World's…