Karachi Port Trust to build $10bn freight corridor

KARACHI: The KPT is initiating work on the development of a freight corridor at a whopping estimated cost of around $10 billion along the...

PIBTL working on setting up LPG import facility at Port Qasim

Port Qasim Authority (PQA) Chairman Asad Rafi Chandna said it was working to develop another natural ship navigation channel

Ship container service connecting Gwadar to the UAE starts

KARACHI: The first ever container vessel 'MS TIGER' under the CPEC (China Pakistan Economic Corridor) project has arrived at Gwadar Port. Pakistan Navy ships...

PGPC refuses to clear duty while Customs decides to initiate proceedings: sources

ISLAMABAD: A new controversy has emerged as Pakistan Gas Port Consortium (PGPC) has so far refused to pay customs duty and withholding tax worth...

Turkish Shylock twists Pak’s arm for $846m pound of flesh

Turkish Karkey demands immediate payment of $846 million arbitration award handed down by the ICSID in August 2017 to Pakistan.

PAPCO’s $200 million multi-grade pipeline to be functional next year

KARACHI: The Pak Arab Pipeline Company (PAPCO)’s White Oil pipeline will become multi-grade by the second quarter of 2019, Shell Pakistan’s management told a group...

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Govt set to introduce new anti-graft laws

Bill to establish whistleblower protection commission drafted as per PM Imran’s instructions Whistleblowers to be rewarded 20% of the recovered amount in cases of...

PIA debt exceeds Rs247bn