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 Karachi

Strength of PNSC ships to be doubled: Kamran Michael

byCustoms Today Report
18/02/2014
in Karachi, Latest News, Ports and Shipping, Slider News
Share on FacebookShare on Twitter

KARACHI: Federal Minister for Ports and Shipping Kamran Michael has said that strength of the ships of Pakistan National Shipping Corporation (PNSC) would be doubled and ministry will issue tenders for new ships soon.

The minister claimed that PNSC had earned profit of $ 1.9 billion during the last few months. He said that a policy is being formulated to introduce 75 per cent trade through shipping. Policies are being made to streamline the national institutions, he added.

You might also like

Diesel price cut by Rs134.81, petrol down Rs11.83

11/04/2026

Punjab Food Authority steps up enforcement, inspects 1.36 million food units

11/04/2026

Michael said that present government is giving special attention to bring improvement in the port and shipping sector. He said that previous governments did not make any progress in the shipping sector. The government is taking all important measures to make speedy progress in this sector, he added.

Replying to a question, he said that Karachi Marine Academy would be given a university status. He said that government is also making plan to use PNSC ships for pilgrims. He added that this facility would reduce expenditure of pilgrims while travelling to Saudi Arabia for performing Hajj.

He said, “We are focusing on the policy of trade rather than aid to boost economy of the country.” The minister said that Sri Lanka had signed an agreement for trade through ships. Replying to another question about Gawadar Port, he said that government is taking necessary steps for the effective use of Gwadar Port.

He added that fiber boats would be provided to Baloch fishermen on easy installments. He said that government had allocated Rs. 31 billion for the construction of roads from Kashghar to Gwadar.

To another question he said China will establish oil refinery in Gwadar. He hoped that Gwadar will play vital role in the progress of the country.

Tags: ChinaGawadar PortKamran MichaelKarachi Marine AcademyPakistan National Shipping CorporationPorts and Shipping

Related Stories

Diesel price cut by Rs134.81, petrol down Rs11.83

byCT Report
11/04/2026

ISLAMABAD: In a major relief for inflation-hit consumers, the government has reduced petroleum prices, slashing petrol by Rs11.83 per litre...

Punjab Food Authority steps up enforcement, inspects 1.36 million food units

byCT Report
11/04/2026

LAHORE: The Punjab Food Authority (PFA) has carried out large-scale inspections across the province, checking 1,363,198 food units to date...

Pakistan RDA inflows rise 11pc to $261m in March 2026

byCT Report
11/04/2026

KARACHI: Pakistan received $261 million through Roshan Digital Accounts (RDA) in the month of March 2026, marking an 11 percent...

Freight fares slashed by 40pc after cut in prices of petroleum products

byCT Report
11/04/2026

KARACHI: The Pakistan Goods Transport Alliance (PGTA) has announced a 40% decrease in freight fares following cut in prices of...

Next Post

FBR takes action against ‘lappos’ working in customs collectorates

  • 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.