BEIJING: China’s Cosco (Dalian) has ordered two new 319,000-dwt VLCCs to be built at Dalian COSCO KHI Ship Engineering Co (DACKS).
The contract value was reported today at $92m per vessel, both of which are scheduled for delivery in 2018.The order brings the company’s orderbook up to 12 VLCCs, plus five 76,000-dwt LR1 product tankers and three 50,000-dwt chemical/product tankers.
ISLAMABAD: Algeria has invited Pakistani businesses and trade bodies to participate in the 57th Algiers International Fair 2026, terming it...
KARACHI: Pakistan’s first national lithium-ion battery manufacturing policy for 2026–31 is nearing approval, while the country’s first lithium battery production...
KARACHI: A major diesel shipment from Europe has reached Pakistan, as a Liberia-flagged vessel carrying fuel docked at Port Qasim...
KARACHI: The State Bank of Pakistan (SBP) has introduced a new policy that allows exchange companies to conduct short-term forward...
