KPT issues Cyclone Vayu safety warning

KARACHI: Karachi Port Trust (KPT) on Thursday issued safety warning for ships in the wake of depression created due to ‘Cyclone Vayu’. Read more »

Pakistan needs to ensure direct import, exports: PSAA

KARACHI: Pakistan exports need to maximize selling on C&F basis and imports to maximize buying on FOB basis in order to increase revenue earning along with reducing cost of doing business. Read more »

Shipping agents demand forming task force to eliminate under/over invoicing

KARACHI: Shipping agents have demanded the Federal Board of Revenue (FBR) to form taskforce / joint investigation team (JIT) to eliminate the menace of under / over invoicing, mis-declaration and smuggling in... Read more »

SRB suspends sales tax registration of M/s. Hellenic Shipping Agencies

KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of M/s. Hellenic Shipping Agencies (Pvt) Limited for non-payment and non-compliance of return filing for the last eight years. Read more »

Around 98pc offshore drilling near Karachi coast completes; nation to get good news in two weeks: Ali Zaidi

KARACHI: The joint venture of foreign and local companies has completed around 98 percent drilling near Karachi coast for the possible discovery of huge reservoirs of oil and gas, Federal Minister for... Read more »

Hutchison Ports Pakistan deploys five new hybrid yard cranes

KARACHI: Hutchison Ports Pakistan has announced to deploy five new hybrid yard cranes as the terminal continues with its productivity enhancement program and to provide better customer service. Read more »