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…

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

Hutchison Ports Pakistan to sponsor technical training for the underprivileged youth

Hutchison Ports Pakistan, the country's deep-water container terminal, has partnered with The Hunar Foundation to support the underprivileged young students in Pakistan. The partnership is part of Hutchison Ports Pakistan's CSR programme…

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Boskalis wins summary proceedings against payment of EUR 39.5 million

In light of European sanctions legislation, Boskalis suspended its activities on a Russian LNG project earlier this year. In response to this decision, the client Saren B.V. was of the opinion that there was a breach of contract and consequently made a claim for payment of EUR 39.5 million under the…

Continue ReadingBoskalis wins summary proceedings against payment of EUR 39.5 million

World Oceans Day seminar advocates holistic approach, int’l laws for conservation of oceans

For the conservation, protection, and management of the oceans a holistic approach is required which must include the implementation of international laws, behavioral change communication, capacity-building, employment of scientific innovations,…

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Boskalis and HAL reach agreement on non-financial terms of offer; Boskalis neutral on price

Reference is made to the press releases of Royal Boskalis Westminster N.V. (Boskalis) dated 10 March 2022, 8 April 2022 and 12 May 2022 in connection with HAL Holding N.V.'s (HAL) intention to make a voluntary public offer for Boskalis,…

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A roundtable meeting to review CSR projects, and socio-economic development under CPEC

The initiatives in the Corporate Social Responsibility (CSR) undertaken by China Overseas Ports Holding Company (COPHC) and other Chinese firms in Gwadar are appreciable and aimed in the right direction.…

Continue ReadingA roundtable meeting to review CSR projects, and socio-economic development under CPEC