Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Ship recycling resumes at Gadani after eight-year hiatus

byCT Report
15/07/2026
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: Ship recycling operations have resumed at Pakistan’s Gadani Ship Breaking Yard after an eight-year hiatus, with seven vessels now anchored for dismantling as the government pushes ahead with reforms to revive the industry.

Officials said the revival follows reforms introduced by the Maritime Task Force, supported by the National Logistics Corporation (NLC) and other relevant agencies.

You might also like

PM Shehbaz directs FBR to provide all possible facilities to business community

15/07/2026

Govt considers daily fuel price revision mechanism

15/07/2026

The federal government has formally granted ship recycling the status of an industry, while work is under way to modernise ship recycling yards in line with International Maritime Organization (IMO) standards.

Authorities said nine of Gadani’s 16 ship recycling yards have already been upgraded to comply with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, while the remaining seven are undergoing inspection.

The government also plans to establish a modern treatment, storage and disposal facility at Gadani to strengthen environmental safeguards and protect the coastal ecosystem and marine life.

Officials estimate that each recycled vessel will contribute around US$25 million to the national economy. Once operating at full capacity, Gadani is expected to meet around 30% of Pakistan’s steel scrap requirements.

The revival of the ship recycling industry is being viewed as a significant step towards strengthening Pakistan’s maritime economy and supporting industrial growth.

Related Stories

PM Shehbaz directs FBR to provide all possible facilities to business community

byCT Report
15/07/2026

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said the business community was the backbone of the national economy and should...

Govt considers daily fuel price revision mechanism

byCT Report
15/07/2026

ISLAMABAD: The government is considering introducing a daily petroleum price adjustment mechanism that would shift the responsibility for setting fuel...

FBR unveils fixed tax scheme for small traders

byCT Report
15/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has issued the framework for a fixed tax scheme for small traders, allowing...

Minister seeks UNDP support for Pakistan’s development, climate resilience

byCT Report
15/07/2026

UNITED NATIONS: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal met on Tuesday with United Nations Development Programme...

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.