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Tag Archives: Ports and Shipping

Shipping activity at Karachi Port

KARACHI: The Karachi Port witnessed brisk activity on Friday and handled 119,095 tonnes of cargo including 3,082 loaded and empty containers during the last 24 hours. The total import cargo of 80,043 tonnes comprised 18,170 tonnes of containerised cargo; 14 tonnes of general cargo; 23,114 tonnes of bulk cargo: 17,569 tonnes of coal; 5,545 tonnes of DAP and 38,745 tonnes ... Read More »

REAP slams unprecedented increase in shipping prices

KARACHI: Rice exporters are expressing serious concerns over the rapid increase in charges by shipping companies. Sources said that shipping lines have started taking twice the freight charges from rice exporters during the peak exports season. Rice Exporters Association of Pakistan (REAP) acting Chairman Chela Ram has said that shipping companies have doubled the charges for Mombasa from $3 to ... Read More »

Huge forex reserves pouring in from deep sea fish export: Kamran Michael

LAHORE: Huge forex reserves has begun pouring in the country as European Union (EU) has allowed Pakistan to export deep sea fish to its market following the untiring efforts of Ministry of Port and Shipping which will strengthen the country’s economy. This was stated by Minister for Port and Shipping Kamran Michael at the Lahore Press Club while distributing Christmas ... Read More »

Cargo traffic at China’s Suzhou port likely to hit 600mt

BEIJING: Ministry of Department and Jiangsu Provincial Government approved planning of Suzhou port for 2013 to 2030 recently. The Port of Suzhou, one of the major ports in coastal China and the key component and container main line port of the Shanghai International Shipping Centre, plays a significant role in promoting economic development in Yangtze River Delta. The port will ... Read More »

Chabahar port a better option for transit of goods to Afghanistan: Iranian official

TEHRAN: A senior Iranian official has portrayed the Southern Iranian port of Chabahar as the finest option for transit of goods to Afghanistan. “Chabahar is a better route for transit of commodities to Afghanistan and other countries as compared to ports in Pakistan,” Iranian Deputy Foreign Minister for Asia and Pacific Affairs Ebrahim Rahimpour said. Rahimpour also emphasized that Chabahar ... Read More »

PNSC urged to extend its services to ports in Malaysia

KARACHI: Pakistan-Malaysia Business Council (PMBC) has urged establishment of direct shipping link and increase in frequency of air services between Pakistan and Malaysia for progress of bilateral trade between the two countries. This was said in a meeting of Board of Directors of PMBC. The Board desired that Malaysian Shipping Corporation should collect cargo from Karachi and Pakistan National Shipping ... Read More »

Shipping activity at Karachi ports

KARACHI: Five ships Kota Gemar, Finisterre, Atlantic Muse, APL Sydney and Lahore carrying containers and tankers were berthed at KICT on Friday. While UASC Khor Fakkan, Hyundai Highness, Ocean Concord, Alpine Moment, Alpine Penolope and COSCO Kawasaki sailed out. Han Zhi, Kota Gemar, Finisterre, Le Chang, UAFL Zanzibar and Lahore were due to depart. A cargo volume of 67,324 tonnes ... Read More »

Kamran Micheal lauded for steps taken in maritime trade

ISLAMABAD: Federal Minister for Ports and Shipping Kamran Micheal has said that security level in International Waters has been a cause of concerns for all the countries which needs to be fully addressed, adding that sea trade and secure shipping is the most important thing. He was addressing to 152 states in General Assembly of International Maritime Organization’s 28th session ... Read More »

Japan shippers plan to order 90 new LNG tankers worth $17.6b

TOKYO: Japan’s top shippers plan to order around 90 new liquefied natural gas (LNG) tankers worth about 1.8 trillion yen ($17.61 billion) by 2020 as they gear up to transport rising volumes of the super chilled fuel from North America and Australia. The expansion plans reflect rising LNG demand in nuclear-free Japan to generate electricity and also in other Asian ... Read More »

Gwadar Port will be functional in five months: Kamran Michael

KARACHI: Federal Minister for Ports & Shipping Senator Kamran Michael has said that Gwadar Port will be made fully functional in next five months as almost 60 per cent of development work has been completed. The federal minister said this while addressing the inaugural session of 3rd International Conference & Exhibition on Shipping, Logistics & Supply Chain Management 2013. The ... Read More »

Port Qasim shipping activities

KARACHI: Following is the berthing schedule of major vessels loading and unloading at Port Qasim:   Commodity      Tonnes/TEUs    Ship               Load/Unload Palm Oil             n/a                   Chem Road Fuji     unload Chemical           n/a                Asavari               ... Read More »

Govt urged to reform ports to improve ranking

KARACHI: The shipping and communications experts have urged the government to start reforms at ports as soon as possible in order to improve the country’s ranking in international ports. The experts, speaking at a world conference and an exhibition of Multi-Modal Transportation and Logistics – INTERTRANS 2013 at a local hotel, urged the government to increase trade with other countries ... Read More »

Consignments facing delays at AFU

KARACHI: Long procedure and insufficient number of appraisers are causing delays in clearance of consignments at Pakistan Customs’ Air Freight Unit (AFU). Former Karachi Customs Agents Association (KCAA) president Tariq Siddiqui said that the purpose to clear imported consignments at AFU was nothing but speedy clearance just to avoid demurrages that escalated the cost of business. Tariq Siddiqui said if ... Read More »

Shipping activity at Port Qasim

KARACHI: Five ships arrived at Port to load/offload containers at QICT, palm oil at LCT furnace oil at FOTCO, fertilizer at FAP and paraxylene at EVTL, on 16th August, 2013. Berth occupancy was maintained at 71 percent at the Port Friday where a total of eleven ships namely M.V KPS-I Alican BEY-Powership, M.T Gulf Oasis, M.V Dong Hai Jun (Dredger), ... Read More »

Port of Salalah earns global recognition

MUSCAT: A recent study released by the US-based JOC Group, which includes the Journal of Commerce, and the PIERs data service, has declared the port of Salalah as the sixth top trans-shipment port globally and 18th top port globally. According to the study, the port has also been successful in bagging a number of high positions in various categories in ... Read More »

Pakistan shipping remains on high side

CUSTOMS TODAY REPORT  KARACHI: With the usual provisos about a volatile political and security situation, our economic outlook for Pakistan is relatively upbeat. We note that the State Bank of Pakistan (SBP) has been easing its monetary policy stance, money supply growth has consequently accelerated, private credit is expanding, and net direct foreign investment has improved. The energy crisis has ... Read More »

Shipping fees rise on scarcity of local workers in Saudi Arabia

CUSTOMS TODAY REPORT RIYADH: An official source at the King Abdul Aziz Port in Dammam has said that the rise in shipping fees at the port is related to the systems of operating companies in the port and their efforts to maintain their labor force, denying that the rise was triggered by the latest Ministry of Labor procedures. “The Public ... Read More »