Shipping CEOs join forces to accelerate the decarbonization of the global maritime transport

The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the…

Continue ReadingShipping CEOs join forces to accelerate the decarbonization of the global maritime transport

Federal Minister of Maritime Affairs, Communication & Railway visits Gwadar port city.

To closely monitor and evaluate the progress of development initiatives in Gwadar, Capt. (R) Shahid Ashraf Tarar, the Federal Minister of Maritime Affairs, Communication & Railway, undertook a comprehensive two-day…

Continue ReadingFederal Minister of Maritime Affairs, Communication & Railway visits Gwadar port city.

Gulftainer extends its concession agreements with the Sharjah Ports, Customs and Free Zones Authority.

Gulftainer, a leading regional ports and terminals operator and a provider of supply chain and logistics solutions, announced that it has extended its concession agreements with the Sharjah Ports, Customs…

Continue ReadingGulftainer extends its concession agreements with the Sharjah Ports, Customs and Free Zones Authority.

PNSC successfully added to its fleet two Aframax Oil Tankers –pin hope for better results in future

The National Flag Carrier, Pakistan National Shipping Corporation (PNSC), convened its 45th Annual General Meeting for the financial year 2022-23 on October 26, 2023, in Karachi. Chairman PNSC, Rear Admiral…

Continue ReadingPNSC successfully added to its fleet two Aframax Oil Tankers –pin hope for better results in future

Battery production equipment inaugurates a new container terminal in Arendal, Southern Norway.

Morrow Batteries ASA ("Morrow") is receiving the first shipment of battery production equipment this week at the newly established container terminal in Arendal. The container ship "Thea II" arrived in…

Continue ReadingBattery production equipment inaugurates a new container terminal in Arendal, Southern Norway.

PKR appreciation to reduce exchange losses of PIBTL – Upward trajectory in script price to be seen.

According to Spectrum Research, the strengthening of PKR against the USD by 4% since Jun'23 is poised to mitigate the foreign exchange losses, as the PIBTL holds foreign currency-denominated loans…

Continue ReadingPKR appreciation to reduce exchange losses of PIBTL – Upward trajectory in script price to be seen.

C2X and the Egyptian Government sign Framework Agreement for the next steps towards large-scale green methanol production in Egypt

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…

Continue ReadingC2X and the Egyptian Government sign Framework Agreement for the next steps towards large-scale green methanol production in Egypt