Tag Archives: Shipping

Shipping activity at Port Qasim

Three ships arrived at the Port to load/ offload containers at QICT, acetic acid at EVTL and for loading rice at FAP on April 20, port sources said here Sunday. Berth occupancy

Rising shipping charges correspond to export growth

KARACHI – Being cheered by strong growth in exports during eight months of the current financial year, the country’s economic managers also may like to keep an eye on the shipping freight on exports that fluctuates in accordance with international oil prices.
It is feared that increasing political unrest in the oil-rich Middle Eastern and North African (MENA) region will give impetus to rising international oil prices with Brent crude and New York light sweet crude standing,

PNSC to break into containerised shipping

KARACHI – United Arab Emirates Shipping Company has proposed that it will utilise feeder services through small containers from Pakistan National Shipping Corporation (PNSC) for their islands, and initially will begin with three container vessels. PNSC Chairman Rashid Siddiqi while speaking to Pakistan Today indicated his distress that PNSC’s lack of expertise in containerised shipping business, but this opportunity would be the first step in the expansion program of PNSC by which it

Move afoot to revive moribund shipping protocol with Bangladesh

KARACHI – Pakistan National Shipping Corporation (PNSC) has written an official letter to Bangladesh Shipping Corporation to revive the shipping protocol signed between both countries around 33 years ago in order to boost trade volume. Chairman PNSC Brigadier (r) Rashid Siddiqi while speaking to Pakistan Today said this letter was written in the wake of expanding business links between both countries while the Shipping Protocol has been disrupted since 1997.
However, PNSC and

Inquiry against shipping agents ends

LAHORE – Competition Commission Pakistan (CCP) officials have wrapped up an inquiry into allegations of collusive practices by shipping agents. The enquiry was authorised by CCP after receipt of information regarding possible price fixing in the industry. To gather information, a search and inspection of the premises of the Pakistan Ships Agents Association (PSAA) at Karachi was conducted on January 7, 2011.
The report observed that ship agents provide valuable services such as