Gwadar Port ready for Afghan transit trade handling

ISLAMABAD: The ministry of commerce has said that Gwadar Port is ready for bulk cargo handling to and from Afghanistan. Read more »

Prime minister welcomes $240 million investment by Hutchison Port Holdings

ISLAMABAD: Prime Minister Imran Khan has welcomed fresh investment of $240 million by Hutchison Port Holdings and commitment of the company to the Pakistan’s economic prosperity. Read more »

Ban on trade with India not to apply shipment of documents

ISLAMABAD: The ministry of commerce has said that ban on trade with India will not apply on the shipment of documents related to personal or ministries. Read more »

New shipping policy to be in vogue soon: Ali Zaidi

KARACHI: New shipping policy will be in vogue very soon and it will bring huge investment in shipping sector, Syed Ali Haider Zaidi, Federal Minister for Maritime Affairs said on Monday. Read more »

KCAA urges shipping companies to observe normal working day on Saturday

KARACHI: Karachi Customs Agents Association (KCAA) on Thursday urged the shipping companies to remain open on Saturday August 17 in order to facilitate trade after week-long holidays. Read more »

Weather alert of wind-thunderstorm issued for ports

KARACHI: Weather alert of wind-thunderstorm has been issued for ports and fishermen for July 29 – 30, 2019 and authorities have been advised to take precautionary measures. Read more »

ECC approves tax incentives to shipping industry for next 10 years

ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) on Wednesday extended tax incentives to shipping industry for next 10 years. Read more »

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 »