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Ports and Shipping

Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

Senate body for handing over 84 acres of Gwadar land to Chinese company

ISLAMABAD: The Standing Committee on Ports and Shipping of Upper House of the Parliament emphasized handing over 84 acres of land to Chinese company and completion of all road links prior to the company starts operating Gwadar Port. The Senate Standing Committee on Ports and Shipping, in its meeting held with Senator Fateh Muhammad Hassani in the chair, also expressed ... Read More »

Rajpar stresses revival of shipping industry on war footing basis

KARACHI: The Pakistan Ship’s Agents Association (PSAA) strongly backs enhanced bilateral trade with India as it is imperative for the economic growth of the country. This is stated by the Chairman Pakistan Ships Agents Association, Mohammed A. Rajpar during an exclusive interview with Customs Today at his office. Rajpar while sharing his views said that privatization of the institutions and ... Read More »

Revenue leakage: DGI&I-IR to deal strictly with ship-breakers, gold importers

KARACHI: Syed Ijaz Hussain, Director General of Intelligence and Investigation, Inland Revenue (IR) has decided to deal strictly with ship-breakers, gold importers and others to plug revenue leakage. He made this decision during his recent visit to Karachi. Sources said that Director General had convened a meeting with the officials of Inland Revenue and directed them to expedite the process ... Read More »

Singapore port records considerable growth in 2013

SINGAPORE: Port of Singapore has again been able to maintain its lead in bunker sales, and achieved considerable growth in annual vessel arrival tonnage, container and cargo throughput 2013. Singapore Registry of Ships also continued to grow in size and ranks among the top 10 worldwide. By now Singapore is home to about 130 shipping groups. The maritime cluster employs ... Read More »

Michael in London to participate in 28th IMO assembly session

LONDON: Minister for Ports and Shipping Kamran Michael is leading a delegation to participate in the 28th session of the International Maritime Organization (IMO) Assembly, an official statement said. IMO secretary general Koji Sekimizu and delegates from other countries admired the presence of Pakistani delegation in the assembly session. The delegation comprised of Minister for Ports and Shipping Kamran Michael, ... Read More »

Chinese officials take assessment trip to Gwadar port

GWADAR: A high-level Chinese delegation under the leadership of Yang Zan Director General of Department of International Cooperation Ministry of Transport visited Gwadar and discussed the possibilities of linking the port through road and rail with China and other regional countries to make it fully functional for future trade and economic activities. In the meeting between the delegation headed by Yang ... Read More »

NATO military cargo handling reduced at KPT

KARACHI: Karachi Port has experienced a reduced cargo handling activity for the last two years due to reduction in NATO and US military supplies. This was revealed by Karachi Port Trust officials before the National Assembly Standing Committee on Ports and Shipping. The committee met with Syed Ghulam Mustafa Shah in the chair where briefing was given on the performance ... Read More »

MCC-Appraisement (West) retrieves its allotted examination space at KICT

KARACHI: Model Customs Collectorate (MCC) of Appraisement (West) has got back its allotted space of the examination area from the authorities of Karachi International Container Terminal (KICT). According to the details, the KICT administration had used the allotted space of the examination area of the MCC-Appraisement (West) at KICT for grounding and dumping the empty containers, since long. Collector MCC-Appraisement ... Read More »

SBP downs PQA in President’s Trophy fixture

KARACHI: The Port Qasim Authority (PQA) faced a miserable opening day in its President’s Trophy fixture against State Bank of Pakistan as the team was bowled out for 189 here at National Stadium. SBP, who are currently battling to avoid relegation, made life tough for PQA after stand-in captain Usman Arshad won the toss and opted for fielding first on ... Read More »

Gwadar to be foundation of Pakistan’s future development

ISLAMABAD: The newly developed port of Gwadar can serve as cornerstone of the country’s economic development and change plight of the people of Balochistan if its real potential is exploited to bolster trade in the region. This was stated by retired Colonel Maqbool Afridi, Chairman Standing Committee, Gwadar Promotion and Development of Federation of Pakistan Chambers of Commerce and Industry. ... Read More »

Michael announces to upgrade Marine Academy to university

KARACHI: Federal Minister for Ports and Shipping Kamran Michael has announced the up-gradation of Pakistan Marine Academy (PMA) to a university status. He said this while addressing media at Pakistan Marine Academy after a passing-out ceremony for 170th PMA course. Addressing the passing-out ceremony as chief guest, he said that the academy status will be upgraded to a university to ... Read More »

Shipping Activities

KARACHI PORT KARACHI: Karachi Port handled 256,652 tonnes of cargo comprising 180,735 tonnes of import cargo and 75,917 tonnes of export cargo including 7,834 loaded and empty containers during the last 48 hours. The total import cargo of 180,735 tonnes comprised of 78,465 tonnes of containerised cargo; 1,423 tonnes of general cargo; 33,388 tonnes of coal and 67,459 tonnes of ... Read More »

UASC ends $1,251m loan facility

DUBAI: United Arab Shipping Company (UASC) closed a $ 1,251 million multi-tranche syndicated loan facility for the partial financing of 7 x 14,000 twenty-foot equivalent unit (TEU) container ships and 5 x 18,000 TEU container ships. The Facility is part of a larger $ 1,744 million debt financing related to UASC’s announced $ 2,300 million capital expenditure program for 17 ... Read More »

MCC Port Qasim collects Rs108,517m in 2nd quarter

KARACHI: The Model Customs Collectorate (MCC) Bin Qasim Port failed, for the second consecutive quarter, to achieve the targeted revenue as it collected a total of Rs108,517 million altogether in the heads of Customs Duty, Sales Tax, Income Tax and Federal Excise Duty in the second quarters of the current fiscal year 2013-14, ended on December 31. According to details, ... Read More »

Trade activities at Omani ports to increase by 15pc per year

MUSCAT: Trade activities through Omani ports is likely to increase by 15 percent in the next year as the sultanate restructures its port operations, according to a recent report. The Business Monitor International (BMI) Oman Shipping Report 2014 said Sohar and Salalah ports were expected to see strong growth in tonnage, with Sohar port to be boosted in 2015 as ... Read More »

KPT shipping movement report

KARACHI: Following was the movement of ships at Karachi Port during the last 24 hours, ending at 0700 hours on Friday.    SHIPS SAILED:                 Kota Kaya           Cont Oriental Nadeshiko  Tanker Conti Opal            Bulk Berlin Bridge        Cont Golden Denise     Tanker Stadt Coburg        Cont   SHIPS BERTHED: Scl Basilisk        G.C Jia Run             Coal APL Sydney          Cont Lodestar Grace      Tanker   EXPECTED SAILING         ... Read More »

Shipping activity at Port Qasim

KARACHI: Three ships carrying containers, chemical and furnace oil were berthed at Qasim international Containers Terminal, Engro Vopak Terminal and FOTCO Terminal on Wednesday. Meanwhile two more ships carrying containers are also arrived at outer anchorage of Port Qasim during last 24 hours. Berth occupancy was 65% at the port on Thursday where total seven ships namely CGM Puccini, Densa ... Read More »

Indian shipping ministry working to increase port capacity

CHENNAI: The Ministry of Shipping is planning to increase port capacity by the end of the 12th Five-Year Plan to 2,493.10 million tonnes per annum (mtpa), with major ports (owned by the Union government under the shipping ministry) accounting for about 50 per cent of this capacity. The ministry made the statements in a year-end review report for 2013. In ... Read More »

Shipping activity at Port Qasim

KARACHI: Five ships arrived at the Port to load/off load containers at QICT, rice at MW-IV, chemical at EVTL on December 21, 2013, Port sources said on Sunday. Berth occupancy was maintained at 64% at the Port on Saturday where a total eight ships namely M.V Kps-I Alican Bey – Powership, M.V Vogeeva, M.V Alam Manis, M.V Alliance Norfolk, M.V ... Read More »

Missing containers: Accused granted interim bail

Karachi: A division bench of Sindh High Court headed by Justice Ghulam Sarwar Korai has awarded pre-arrest bail for Syed Tariq Banoori in sum of Rs 250,000. Applicant was nominated in six references filed by National Accountability Bureau (NAB) for billions of rupees embezzlement in shape of duty and tax evasion on ISAF containers meant for Inerternational forces in Afghanistan under ... Read More »