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

Pakistan passes ship recycling law to implement Hong Kong convention, boost Gadani industry

byCT Report
23/05/2026
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: Pakistan has passed new maritime legislation aimed at implementing the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009, paving the way for expansion of the country’s ship recycling industry.

The Senate on Thursday approved the Environmentally Sound Management of Inventory of Hazardous Material on Ships Bill, 2026 after it had earlier been cleared by the National Assembly.

You might also like

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

21/07/2026

Pakistan banks expected to report lower Q2 2026 profits

21/07/2026

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said the legislation would regulate hazardous materials in ship recycling, improve environmental and workplace safety standards and strengthen sustainable shipbreaking practices.

He said the law would require mandatory surveys, inspections and certification of hazardous material inventories for every ship arriving in Pakistani waters for recycling.

According to the minister, ships violating the law could face seizure, detention, removal from Pakistani waters and other penalties.

The Ministry of Maritime Affairs will serve as the national focal point for implementation and coordination with the International Maritime Organisation (IMO), he added.

The minister said Pakistan had become the 23rd country to accede to the Hong Kong convention and noted that the country handled nearly one-third of global ship recycling activity, placing it among the world’s top three ship recycling nations.

He said the ship recycling industry established in Gadani during the 1980s remained an important source of economic activity and employment, making alignment with international environmental and labour standards necessary.

The legislation also prohibits the use of hazardous materials identified under the convention and introduces enforcement mechanisms aimed at environmentally sound waste management.

Officials said the government expects a rise in shipbreaking activity in Pakistani yards following global geopolitical disruptions, including the Russia-Ukraine conflict and the recent US-Israel-Iran war.

Earlier government estimates suggested around 400 ships could potentially move to Pakistani shipyards for dismantling.

Separately, the maritime affairs minister has proposed the creation of a “steel corridor” linking Karachi shipyard operations with Pakistan Steel Mills (PSM).

Officials said iron recovered through shipbreaking activities could be supplied to Pakistan Steel Mills as part of efforts to revive the long-idle state-owned steel complex.

The minister said complementary legal frameworks had been developed at both federal and provincial levels to implement the convention, noting that the Balochistan Assembly had already enacted the Balochistan Safe and Environmentally Sound Recycling of Ships Act, 2025, last year.

He added that the legislation would support climate action, hazardous waste management, sustainable industrial development and Pakistan’s transition towards a circular economy under the United Nations 2030 Sustainable Development Agenda.

Related Stories

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...

Pakistan banks expected to report lower Q2 2026 profits

byCT Report
21/07/2026

KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...

FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit

byCT Report
21/07/2026

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...

FBR imposes excise duty on e-liquids used in vapes & e-cigarettes

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...

Next Post

PM meets senior Chinese corporate executives

  • 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.