China COSCO Shipping Corporation Limited strongly denounced the recent accusations and sanctions imposed by the United States targeting China’s maritime, logistics, and shipbuilding industries. In a detailed statement released on Monday, COSCO Shipping labeled the U.S. actions as discriminatory, baseless, and harmful to global trade and shipping stability.
(more…)Category: Ports and Shipping
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Nationwide Transporters Strike Halts $20 Million in Rice Exports
Karachi, April 19, 2025 – A nationwide strike by goods transporters has severely disrupted Pakistan’s export sector, bringing the movement of key commodities—especially rice—to a grinding halt. The five-day strike has caused an estimated $20 million loss in rice exports alone, sparking alarm among exporters and industry leaders.
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KCCI Urges Prime Minister to End Prolonged Transporters’ Strike
Karachi, April 18, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has issued a pressing call for immediate intervention by Prime Minister Shehbaz Sharif to resolve the ongoing nationwide strike by transporters, which has entered its fourth consecutive day.
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Goods Transporters Strike Halts Port Operations
Karachi, April 17, 2025 – The strike launched by the Goods Transporters Association against the suspension of vehicles under the pretext of fitness inspections continued for a second day on Thursday, bringing port operations in Karachi to a grinding halt.
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Shipping Companies Must Open on Saturdays: Khurram Ijaz
Karachi, April 17, 2025 – Khurram Ijaz, former President of the Karachi Customs Agents Association and an expert in customs, logistics, and the supply chain, has strongly urged all shipping companies to ensure their offices remain open on Saturdays. This call aligns with the directives of Prime Minister Shehbaz Sharif, who has emphasized the need for improved trade facilitation and lower operational costs in Pakistan.
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