KARACHI: Pakistan National Shipping Corporation (PNSC) is inducting two Aframax-category tankers and will soon be commencing a coastal ferry service between Karachi and Port Qasim, and Karachi and Gwadar...
They met in the wake of the signing ceremony held for the renewal of the evergreen memorandum of understanding (MoU) between the DGDP and Pakistan National Shipping Corporation...
KARACHI: Representatives of the ports and shipping and mercantile marine departments said on Wednesday that there was no cargo vessel or fishing boat registered in their record by the name of Salama-1...
The shipping master said, “We checked our records as soon as the news broke...
ISLAMABAD: The ship agents have forewarned the government that all export cargoes could come to a halt as foreign shipping lines are considering stopping their services for Pakistan after banks stopped remitting freight charges to them for lack of dollar availability...
Apart from bordering countries, almost all the international logistics from Pakistan are catered by sea and any disruption could create serious issues for the...
So far, neither the refining industry nor shipping is doing anywhere near enough for owners to achieve compliance in 2020, according Iain Mowat, a senior analyst at Wood Mackenzie...
“The compliant technical options are still very immature, and it is hard for us to see them as a real compliance option for our fleet,” said Aslak Ross, head of marine standards at Maersk Line, the world’s biggest container shipping company...
1 container shipping carrier as a wave of mergers and acquisitions, particularly in Asia, creates new challengers trying to grab a bigger share of a depressed market...
A unit of oil and shipping group A...
KARACHI: Federal Minister for Ports and Shipping Senator Kamran Michael on Wednesday said that the government was aware of the issues confronting shipping, logistics and supply chain industry and would ensure that all the stakeholders work in tandem...
”He said that the government was keen to accelerate the pace of growth and mentioned progress on China-Pakistan Economic Corridor...
GENEVA: Shipping mergers are leaving an increasing number of countries serviced by too few suppliers to ensure a competitive market, the UN trade and economic think tank UNCTAD said on Wednesday...
7 companies offering regular container shipping services to each country, a number that has declined steadily from 22...
Startup Hyperloop One may build a 'crazy fast' transportation system at Dubai's Jebel Ali port if economic and feasibility studies are favourable, TechCrunch reported...
Hyperloop, a brainchild of billionaire entrepreneur Elon Musk, will eventually travel faster than a speeding airplane at 700 miles per hour and has the ability to move humans and cargo all over the world in less than 24 hours
MUMBAI: The Indian makers of a $4 smartphone hope its low price will allow millions of the poorest people to own a mobile phone in a market with only 10 per cent penetration...
But labour rights campaigners worry that push to churn out cheap handsets and tablets may lead to greater abuse of workers' rights in India, the world's fastest-growing smartphone market
The ship can hold up to 18,270 twenty-foot (TEU) shipping containers and is owned by the world’s largest container shipping firm, A...
While hailed as engineering feats, these mega-ships are now being blamed for contributing to the overcapacity glut plaguing the container industry, which saw its first major casualty with the August collapse of South Korea’s Hanjin Shipping ...
The ‘Review of Maritime Transport 2016’ released on Monday by UNCTAD says that shipping carried more than 80pc of the world’s goods by volume in 2015, and its slow growth reflects sluggish global trade, albeit with variations in the different sectors...
Shipping of oil recorded its best performance since 2008, thanks to low oil prices, ample supply and stable demand...
KARACHI: The collector of Customs preventive division has warned shipping lines to stop collecting port congestion surcharge on containers or face legal action...
Addressing a meeting of stakeholders of the ports and shipping sector on Saturday, Dr Saifuddin Junejo said the preventive collectorate was the licensing authority of shipping lines and could take legal action if the surcharge was not withdrawn...
LOS ANGELES: The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether tons of goods will reach their shelves...
Hanjin Shipping spokesman Park Min did not confirm any other seizures...
CMA CGM, which according to the United Nations operates the world’s third largest container shipping fleet with more than 11 per cent of global capacity, said it would halt service for Iran as it did not want to fall foul of the rules given its large presence in the United States...
The shipping market leader, A...
Two oil tankers were hit in suspected attacks in the Gulf of Oman and the crews have been evacuated, shipping firms and industry sources said on Thursday, a month after a similar incident in which four tankers in the region were struck...
Another shipping firm said its vessel was on fire in the Gulf of Oman...