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

IFC invests $20m in Novatex to bolster Pakistan’s packaging exports, sustainable production

08/08/2026

Pakistan begins preparing FATF 2027 performance report

08/08/2026

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

IFC invests $20m in Novatex to bolster Pakistan’s packaging exports, sustainable production

byCT Report
08/08/2026

ISLAMABAD: The International Finance Corporation (IFC) has announced an investment of up to US$20 million in Pakistan’s leading plastic packaging...

Pakistan begins preparing FATF 2027 performance report

byCT Report
08/08/2026

ISLAMABAD: Preparations for Pakistan’s 2027 Financial Action Task Force (FATF) report have begun, with the Karachi Desk starting to compile...

High powered Chinese business delegation explores bilateral trade & investment avenues at ICCI

byCT Report
08/08/2026

ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for taking Pakistan-China economic...

PRA adopts zero-tolerance policy for implementation of E-IMS

byCT Report
08/08/2026

LAHORE: The Punjab Revenue Authority (PRA) has adopted a zero-tolerance policy for province-wide implementation of the Electronic Invoice Monitoring System...

Next Post

PIA buyers receive Rs14.2b in properties under privatisation deal

  • 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.