Karachi Port one of the most expensive ports in South Asia Interview with Captain Anwar Shah Profile Captain Anwar Shah is a reputed professional in the management and operation of port terminals, maritime transport and logistics industry with a vast experience of over 50 years that includes marketing, chartering, marine insurance hull and P&I Club, Cargo Claim Survey, Shipping and Trading documentation, Salvage of Ship and Damaged Cargoes, …
Read More »An overview of Karachi port – Outstanding performance of KPT’s import and export cargo handling in 2015-16
The existence of Karachi Port dates back to eighteenth century when Alexander the Great, ended his campaign along the Punjab Rivers and Indus. His Admiral Nearchus, with his fleet, reached Krokala, which is known today as Keamari. Writers like James Rennell (1792) and M. R. Haig (1894) have identified this place in their scripts. Alexander Baillie mentions Arabic Treatise “Mohit” to be used as “Port” for the first time …
Read More »Imported luxurious car sales on the rise
Local car manufacturers opposing import of used cars The Federal Board of Revenue (FBR) had proposed that import of up to five-year-old used cars should be allowed compared to the current three-year ceiling. It also called for opening imports for commercial purposes. In 2005-2006 import of used vehicles was allowed after a long period of 12 years. This was eventually limited to import of 3-year-old used vehicles only in …
Read More »Auto industry moving ahead to form industrialization in Pakistan
Local tractor industry urges govt to clear sales tax refunds of Rs3 billion For industrialization of any country, automobile sector can play a critical role. Auto sector is a unique industry, which is capital intensive as well as labor intensive in nature and helps to develop technologies in other areas of manufacturing such as steel, plastics, rubber, textiles, electrical & electronics etc. Due to this reason, in the last …
Read More »Advanced fuel saving additive
KM+ is a non toxic environmental friendly and biodegradable fuel additive.KM+ is designed to address today’s competitive requirements for engine performance, fuel saving, maintenance and protection of combustion engines as well as fulfilling social responsibility of keeping KM+ green for a greener earth. Three key functionalities of KM+ are : 1. Fuel Atomization – To improve fuel combustion 2. Cleansing Functionality – To clean and restore engine condition to …
Read More »Balochistan – A major location for stolen vehicles business
There are still many reports about presence of junkyards for the stolen vehicles in Balochistan. The engines of new cars are purchased, changed or replaced at these junkyards at throwaway prices and many people are taking benefit from this option. This activity was in vogue some nine years ago when people from all over the country used to visit northern Balochistan’s border city Chaman linking Afghanistan’s Kandahar to renew …
Read More »Achieving CPEC, Gwadar port: how important for Balochistan business fame?
Gwadar Port in Balochistan is of immense importance not only for trade with Central Asian Republics (CARs) but also for the development of Pakistan across the Asian region. Of course, Gwadar has the potential to become a hub of major economic and commercial activities in the region. There is a high need for establishing roads and warehousing facilities at Taftan, Chaman and Torkham borders in order to make full …
Read More »Upsurge on import of used cars carry on
The number of used cars being imported under different schemes are still on rise as more than 8,500 used vehicles were imported during just two months of the current financial year. According to details, approximately 4,440 vehicles were imported in July 2016 and 4,076 were imported in August 2016. The break-up of imported vehicles in July shows that 2,408 cars below 800cc (1211 cars and 1197 cargo vans/pick-ups/jeeps) and …
Read More »Gwadar port: A mega seaport project for development of small, medium and large scale industries
Balochistan is a strategically located province. The ongoing mega development projects like Gwadar deep-sea port would make the province a hub for regional transport more effectively for land locked Afghanistan and Central Asian states. This would accentuate the existing road network in Balochistan. Therefore Balochistan urgently needs a mega road sector development project to cope with the new circumstances after the completion of mega projects in the province and …
Read More »Pakistani ports becoming more active
Over 4,000 foreign flag vessels dock at Pakistani ports Maritime business on the path of growth Prime Minister Mian Muhammad Nawaz Sharif has said Pakistan is committed to protect its maritime assets and strong, democratic and economically vibrant Pakistan is his vision. The Prime Minister said this while inaugurating Pakistan Navy Fleet Tanker at Karachi Shipyard and Engineering Works, on Friday. The 17,000-ton Fleet Tanker has been built with …
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