Karachi, June 27, 2023 – A second shipment of discounted Russian crude oil, weighing 55,000 tonnes, reached the Karachi port on Tuesday.
(more…)Category: Ports and Shipping
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Abu Dhabi Ports Takes Administrative Control of PICT, Boosting Maritime Operations
Karachi, Pakistan – Abu Dhabi Ports, a leading global port operator and subsidiary of the Abu Dhabi Ports Group, has officially signed an agreement with the Karachi Port Trust to obtain administrative control of the Pakistan International Containers Terminal (PICT) located at Karachi Port Terminals.
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Pakistan Single Window Integrates Fisheries and Mercantile Marine Departments
Karachi, June 17 – The Pakistan Single Window (PSW) has successfully integrated the Marine Fisheries Department (MFD) and Mercantile Marine Department (MMD) into its digital network in collaboration with the Ministry of Maritime Affairs.
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PSW Joins Global E-Commerce Alliance to Expand Global Outreach
Karachi, June 15, 2023: Pakistan Single Window (PSW) has achieved a significant milestone by becoming an Associate Member of the Pan-Asian E-Commerce Alliance (PAA).
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Commission Raises Concerns Over Verification of Freight Charges and Valuation in Import Sector
Islamabad, June 5, 2023: A high-powered commission, appointed by the finance minister of Pakistan, has expressed concerns regarding the verification of freight charges in CFR/CNF (Cost and Freight/Cost, Insurance, and Freight) invoices, which has led to potential underdeclaration of CNF values and the exclusion of freight charges on the Bill of Lading.
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FPCCI welcomes direct shipping, cargo service between Russia and Pakistan
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed its support for the commencement of direct shipping and cargo service between Russia and Pakistan.
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Russian cargo vessel arrives at Karachi Port
The Russian container vessel “Crystal St Petersburg” successfully made its maiden call at Karachi Port after a journey of 21 days, said a statement issued on Thursday May 25, 2023..
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Abu Dhabi Ports, Karachi Port Trust sign MOU to boost regional connectivity
A high-powered delegation from Abu Dhabi Ports Group (AD Ports) recently visited Karachi and met with Faisal Sabzwari, the Federal Minister for Maritime Affairs of Pakistan. Led by Captain Mohamed Juma Al Shamisi, CEO and Managing Director of AD Ports Group, the delegation discussed strengthening bilateral ties and regional connectivity.
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Pakistan Single Window expands operations to dry ports
Pakistan Single Window (PSW) has announced the extension of its operations to all dry ports (except Quetta), effective May 3, 2023. This move aims to enhance the facilitation of cross-border trade operations in Pakistan.
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FBR allows processing of Uzbek transit goods through ports, terminals
The Federal Board of Revenue (FBR) has announced that Uzbek transit goods can now be processed through Customs-ports and terminals in Karachi Port, Port Muhammad Bin Qasim, and Gwadar Port under the Uzbekistan-Pakistan Transit Trade Agreement.
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