DP World’s Pusan terminal is the world’s first to implement BOXBAY high-bay storage system.

DP World has announced the first commercial use of its revolutionary BOXBAY high-bay storage system at their terminal in Pusan, South Korea. A contract was signed on 8th March between…

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Pakistan is mulling over the carriage of the good act by sea1924 and getting replaced bill of lading act 1856

By Capt. Asim Iqbal Ministry of Maritime Affairs, Govt of Pakistan is contemplating fine-tuning the bill duly amended by the protocol of carriage of goods by sea act bill and…

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Boskalis acquires multi-disciplinary offshore wind farm project Moray West

Boskalis has secured a multidisciplinary role in the development of the Moray West offshore wind farm in Scotland. On behalf of its client, Boskalis will carry out a large number of the activities contributing to the development of this renewable energy project in the coming 12 months. The sizable(1) contract was…

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Zubair Motiwala urges Govt. to ask shipping lines and terminal operators for maximum relief.

Chairman Businessmen Group & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala, while expressing sheer disappointment over delays in resolving the issue of stuck-up containers, stated that…

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PQA has signed an MoU with Alkhidmat Karachi for employees’ medical facilities.

The agreement was signed during a ceremony at the office of the Port Qasim Authority in the presence of Alkhidmat's Executive Director Rashid Qureshi, Secretary Port Qasim Authority Tipu Sultan…

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Gwadar could become a major hub for shipbuilding and repair: Mian Zahid Hussain.

Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said Pakistan could develop its economy by…

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Boskalis acquires EUR 120 million contract for development and climate adaptive measures for Gulhifalhu in the Maldives

Boskalis has acquired a contract from the Ministry of National Planning, Housing and Infrastructure of the Republic of the Maldives relating to the further development including climate adaptive measures of Gulhifalhu. The contract…

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KCCI urges private terminal operators to announce relief on terminal charges on stranded containers

Pakistan's business community urged private terminal operators to comply with government appeals and announce some relief on terminal charges on stranded containers at their dock for want of a letter…

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Tianjin Port Group and Huawei deepen cooperation to build a digital twin of the world’s first smart, driverless, zero-carbon port terminal.

Tianjin Port Group and Huawei deepen cooperation to build a digital twin of the world's first smart, driverless, zero-carbon port terminal. Tianjin Port Group and Huawei announced that the two…

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Engro LNG terminal helps Pakistan save over $3 billion through import substitution of furnace oil

Engro Elengy Terminal has successfully handled over 450 ship-to-ship transfers since its inception, as a result, Pakistan has been able to save more than $3 billion through import substitution of furnace oil.…

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The Nations Bank partners with Karachi Port Trust, offering preferred solutions for the banking needs of port employees.

National Bank of Pakistan (NBP) and Karachi Port Trust (KPT) have signed an agreement for "Employee Banking" for the provision of banking facilities to KPT employees. Under the aforementioned arrangement,…

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DP World and Hassana Investment Company announce US$2.4 billion investment in DP World’s UAE assets

DP World and the Saudi Arabia-based Hassana Investment Company (Hassana), the investment manager for the General Organisation for Social Insurance (GOSI) – which owns one of the world's largest pension…

Continue ReadingDP World and Hassana Investment Company announce US$2.4 billion investment in DP World’s UAE assets