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The Pakistan National Shipping Corporation (PNSC) is a Pakistani national flag carrier headquartered in Karachi. [ 3] The corporation is principally engaged in the business of shipping, including charter of vessels, transportation of cargo and providing commercial, technical, administrative, financial and other services to its subsidiaries and ...
Pakistan International Container Terminal (PICT) was established in 2002 on build–operate–transfer basis. [2] It was a joint venture between Premier Mercantile Services and Hamburg Port. [1] The total cost of the project was estimated at $75 million out of which $9.25 million was funded by the International Finance Corporation in form of loans.
The Karachi Shipyard & Engineering Works Limited (KS&EW Ltd.) is a major defence contractor and shipbuilding company situated in the West Wharf in Karachi, Sindh in Pakistan. The KSEW Ltd. is sponsored and owned entirely by the Ministry of Defence Production whose corporate leadership comes directly from the Navy HQ of the Pakistan Navy .
Karachi was an important military base during the First World War (1914–18) because it was the first British Raj port of call for ships coming through the Suez Canal and was the gateway to Afghanistan and the Russian Empire. Karachi was again a military base and port for supplies to the Russian front during the Second World War (1939–1945 ...
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
Muhammadi Steamship Company Limited was incorporated on 12 May 1947. [1] It was a large-scale joint venture among business families of Pakistan, including Habib, Cowasjee, Dada, Arag, and Adam, which held ownership until 1963 when Valika family acquired the stake. [2] Under the Valika family's leadership, the company built Al-Abbas, which was ...
Coordinates: 25°04′N 66°42′E. Cargo ship being scrapped on the Gadani beach. Gadani ship-breaking yard is the world's third largest ship breaking yard located across a 10 km (6.2 mi) long beachfront at Gadani, Pakistan. The yard consists of 132 ship-breaking plots. [ 1] It is located about 40 km (25 mi) northwest of Karachi, the largest ...
The International Register of Shipping or IS was established in 1993, and is an independent classification society which provides classification, certification, verification and advisory services. The International Register of Shipping also offers consulting services well suited for the shipping and offshore industry. SOPEP at work.