ECC discusses arrest of PNSC ship by South Africa

ISLAMABAD: South Africa has arrested a ship of Pakistan National Shipping Company (PNSC) for alleged payment default by Pakistan Steel Mills. The issue was discussed at the Economic Coordination Committee (ECC) of the Cabinet on Wednesday which was chaired by Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh. A statement […]

by admin

New shipping policy to be in vogue soon: Ali Zaidi

Aug 20

Ports and Shipping

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. The minister informed the fifth meeting of the Standing Committee on Maritime Affairs, which was held at KPT Headquarters under the Chairmanship of Mir […]

by Anjum Shah

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

May 11

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 Maritime Affairs Syed Ali Haider Zaidi said on Saturday. The joint venture including ExxonMobil, ENI, PPL and OGDC is undertaking offshore drilling near […]

by Faisal Shah

PNSC adds MoGas Carrier vessel to its fleet

Mar 26

Corporate

PNSC adds MoGas Carrier vessel to its fleet

KARACHI: Pakistan National Shipping Corporation (PNSC) has added MoGas Carrier LR-1 vessel to its fleet on Monday, Federal Minister for Maritime Affairs Syed Ali Haider Zaidi said. The ship, which has been named Bolan, will help reduce the dependency on foreign vessels and will help in saving million of dollars in freight chares, he said […]

by Faisal Shah