Ports, Logistics & Transportation

  Chaman, a border city near Pak-Afghan border is not the only junkyard for stolen vehicles in Balochistan, but there are reports for presence of many such junkyards in different areas of the province. Not only the stolen vehicles are dumped but their engine and chassis numbers are also tampered at these junkyards. These vehicles are then sold out. The inter-provincial gangs of car lifters have been allegedly involved in …

  Since the introduction of car leasing and financing, vehicle sales in Pakistan have increased several times. All of this started in the beginning of this century as these loans made it easy for people to buy new or even used cars. This also sprung up new business like rent-a-car and renting cars became a cheaper and more viable business option. That’s the time when Pakistan’s automobile industry was booming …

  China-Pakistan Economic Corridor (CPEC) has the potential to usher in a new era of economic progress and prosperity for both countries benefiting the whole region as well. The project is expected to be “a game changer” not only for Pakistan and China but also for the whole region. Last month, Pakistan and China signed 51 deals, mostly related to CPEC, which will link Pakistan’s Gwadar Port on the Arabian …

  PAMA submits proposals for budget 2015-16 The automobile industry which has developed sufficient capacity to cater to the needs of automobile market is experiencing the pinch of the unfair advantage being given to the importers of the used cars at the cost of the local industry. It is surprising that instead strengthening the base of the domestic auto industry that generates a huge number of job opportunities besides imparting …

  Future shipping chain will be uncompleted sans Gwadar With the development of Gwadar Port as a fast track project, it has started catching eyes of the international seafarers due to its strategic location offering transitional shipping facilities in the region including entire landlocked for Central Asian States as well as responding to huge transitional movement between Pakistan and China, which is bound to generate huge economic activities for Pakistan. …

  The first shipment carried by a floating Storage and Re-gasification Unit (FSRU), leased to convert liquid natural gas into natural gas arrived at Engro’s LNG Terminal at Port Qasim last week end. According to government energy plan, this import liquid natural gas will be used for power generation to cut the costly fuel oil used by over 60 percent of thermal power generating units. The induction of LNG into …

  The introduction of the new national aviation policy is timely considering the fact that Pakistan has a negative growth of its aviation industry. In contrast to other countries in the region, aviation sector’s contribution in Pakistan was below 0.01 percent. Countries like India, Malaysia, Philippines and Thailand aviation sector’s contribution ranged between 1.5 percent and 9.0 percent. Only 8 percent of the 180 million Pakistani populations have using air …

  LNG — A new addition to Pakistan’s energy basket The energy regime to witness a new era of Liquefied Natural Gas (LNG) providing the much sought after relief from the mounting pressure of rising demand for natural gas in Pakistan with the arrival of the floating storage and re-gasification vessels arrives at Port Qasim on March 10, 2015. The private sector has played a significant role in materializing this …

  Becoming an operator of Gwadar Port, China is consistently increasing its stakes in Gwadar, a strategically located port city in southern Balochistan. The port has been built with Chinese assistance of more than $220 million and over $66 million has been contributed by the Pakistan authority. The port has full potential to become one of the most user, and trade-friendly ports of the world with its 4.7-kilometres long and …

  It’s getting tougher to stay in one of the most competitive businesses — air passengers trafficking. It’s a combination of high management skills, acquisition and maintenance of state-of-the-art fleet, expert financial management, and above all, a delicate marketing approach aimed at passenger comfort. A recent AFP Tokyo news article appearing in Gulf Times reports ANA’s joining others in a bid to rescue bankrupt Skymark. The news article opens with …