Tag: Shipping
Non-bailable arrest warrants out for MQM’s Babar Ghauri
KARACHI: A court on Saturday issued non-bailable arrest warrants for Muttahida Qaumi Movement (MQM) leader Babar Khan Ghauri after the National Accountability Bureau (NAB) filed...
Shipping activity at Port Qasim
Three ships arrived at the Port to load/ offload containers at QICT, acetic acid at EVTL and for loading rice at FAP on April...
PSO adopts PNSC as its carrier
Pakistan State Oil (PSO) on Thursday boasted to be the first national company to import POL products through the Pakistan National Shipping Corporation (PNSC)...
International shipping line chooses Pakistani folk music as 2013 theme
Ordinary Pakistanis are not sensually tuned enough to understand and appreciate the richness and expertise of indigenous folk music, said musicians at the launching...
New GEM1 shipping service starts to link Pakistan with India
United Arab Shipping Company (UASC) has launched a new service linking India, Pakistan, West Asia Gulf, the Red Sea, Port Said and Turkey, with...
Shipping activity at Port Qasim
Three ships arrived at Port Qasim on Friday 30 March, 2012. carrying containers at QICT chemicals at EVTL and fertilizer at FAP. Berth...
Federal ports, shipping agencies earn Rs12bn in FY11
Federal government institutions related to the ports and shipping industry earned a profit of over Rs 12 billion during FY11 despite the lingering global...
Pakistan shipping corporation loses interest in $40m loan
Pakistan National Shipping Corporation (PNSC) has seemingly lost its interest in getting the $40m loan from Economic Cooperation Organisation (ECO) that they had
applied...
Shipping activity at Port Qasim
Four ships carrying containers at QICT, furnace oil at FOTCO, palm oil at LCT and sun flower at FAP have arrived at Port Qasim,...
Shipping corporation under threat
Pakistan National Shipping Corporation has been exposed to a variety of financial risks that include credit risk, market risk (including foreign exchange risk, cash...
Shipping activity at port in murky waters
Shipping activity at Karachi Port has come to a partial standstill due to, what sources have termed, ‘the pilotage crisis’ after a strike was...
Standing committee on shipping defers bill
The Standing Committee on Ports and Shipping National Assembly has saved the exporters of the country from a huge damage for a time being...
Shipping delays worry exporters
A rift has grown between exporters and terminal operators as the latter become agitated by shipment delays at the terminals. Cutoff time is set...
Rising shipping charges correspond to export growth
KARACHI - Being cheered by strong growth in exports during eight months of the current financial year, the country's economic managers also may like to keep an eye on the shipping freight on exports that fluctuates in accordance with international oil prices.
It is feared that increasing political unrest in the oil-rich Middle Eastern and North African (MENA) region will give impetus to rising international oil prices with Brent crude and New York light sweet crude standing,
It is feared that increasing political unrest in the oil-rich Middle Eastern and North African (MENA) region will give impetus to rising international oil prices with Brent crude and New York light sweet crude standing,
PNSC to break into containerised shipping
KARACHI - United Arab Emirates Shipping Company has proposed that it will utilise feeder services through small containers from Pakistan National Shipping Corporation (PNSC) for their islands, and initially will begin with three container vessels. PNSC Chairman Rashid Siddiqi while speaking to Pakistan Today indicated his distress that PNSC's lack of expertise in containerised shipping business, but this opportunity would be the first step in the expansion program of PNSC by which it
Move afoot to revive moribund shipping protocol with Bangladesh
KARACHI - Pakistan National Shipping Corporation (PNSC) has written an official letter to Bangladesh Shipping Corporation to revive the shipping protocol signed between both countries around 33 years ago in order to boost trade volume. Chairman PNSC Brigadier (r) Rashid Siddiqi while speaking to Pakistan Today said this letter was written in the wake of expanding business links between both countries while the Shipping Protocol has been disrupted since 1997.
However, PNSC and
However, PNSC and
Inquiry against shipping agents ends
LAHORE - Competition Commission Pakistan (CCP) officials have wrapped up an inquiry into allegations of collusive practices by shipping agents. The enquiry was authorised by CCP after receipt of information regarding possible price fixing in the industry. To gather information, a search and inspection of the premises of the Pakistan Ships Agents Association (PSAA) at Karachi was conducted on January 7, 2011.
The report observed that ship agents provide valuable services such as
The report observed that ship agents provide valuable services such as