Pakistan News

    Ministry Port Shipping Karachi

  • Pakistan National Shipping Corporation inducts two tankers

    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...

  • Global shipping fleet braces for chaos of $60bn fuel shock

    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...

  • Govt pledges to improve shipping industry

    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 further informed that a European Union delegation is visiting Karachi Fisheries on Thursday to clear five more companies for exports...

  • Shipping mergers hurting competition in small states: UN

    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...

  • Mega-ship dreams obscure cloudy future for shipping

    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...

    If they don’t, then I think they’re lying,” he told Reuters from his ship during a 24 hour-long stop in Shang­hai’s port last Saturday...

  • Future of shipping industry uncertain, says UNCTAD

    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...

  • Shipping lines told to withdraw surcharge or face action

    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...

  • Hanjin bankruptcy causes global shipping chaos, retail fears

    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...

    Kip Louttit, executive director of the Marine Exchange of Southern California, which provides traffic control for the ports of Los Angeles and Long Beach, the nation's busiest port complex...

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