Shipping Industry

KPT Sets New Benchmark with Record 54 Million Tons of Cargo in 2025

KPT Sets New Benchmark with Record 54 Million Tons of Cargo in 2025

Karachi Port Trust (KPT) closed fiscal year 2024-25 with achievement of a milestone of 54 million tons cargo handling and also broke its all time container handling record by a massive handling of 2.65 million TEUs. With a volume of 53.95 million tons, a 4.45% yearly growth was witnessed in cargo handling during FY24-25 amid…

Gwadar Port Expansion: Junaid Anwar Announces New Shipping Lines, GCC Ferry Route

Gwadar Port Expansion: Junaid Anwar Announces New Shipping Lines, GCC Ferry Route

The Ministry of Maritime Affairs has unveiled an ambitious plan to expand the operational capacity of Gwadar Port by establishing additional shipping lines and launching a new ferry service connecting Pakistan with the Gulf Cooperation Council (GCC) countries.

Strait of Hormuz in Flames! Tankers Burn Following Devastating Crash

Strait of Hormuz in Flames! Tankers Burn Following Devastating Crash

A massive blaze has erupted after two tankers collided near the entrance of the Strait of Hormuz, a vital global shipping route.

Ships Signal Jamming Escalates in Persian Gulf Amid Widening Clashes

Ships Signal Jamming Escalates in Persian Gulf Amid Widening Clashes

Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified.

NLC & DP World Launch Historic Direct Shipping Service from Karachi to Chittagong

NLC & DP World Launch Historic Direct Shipping Service from Karachi to Chittagong

NLC and DP World have shipped more than 1,000 containers between Pakistan and Bangladesh since launching the first direct shipping route between the two countries in October, a strategic initiative that will significantly strengthen trade and regional connectivity in South Asia.

Pakistan make trying to improve maritime and shipping sector

Pakistan make trying to improve maritime and shipping sector

Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh, has said that Pakistan’s ports have been significantly improved, and many companies have signed Memorandums of Understanding (MoUs) to invest in Pakistan’s industry.

Egypt’s operated waterway Suez canal revenue tumbling, after Red sea situation

Egypt’s operated waterway Suez canal revenue tumbling, after Red sea situation

Annual revenue from the canal reached US$10.25 billion in 2023, Rabie said, and if the situation continues, the figure will be “very affected” in the current year.

Maersk back again resumes containerships transit through Red Sea

Maersk back again resumes containerships transit through Red Sea

Denmark’s shipping giant Maersk said that it has rerouted four out of five container vessels that were stuck in the Red Sea back towards the Suez Canal and the long journey around Africa to avoid the risk of attack.

Two global shipping companies stop the ships transit in Red Sea

Two global shipping companies stop the ships transit in Red Sea

Denmark’s Maersk and German rival Hapag-Lloyd said (Jan 2) that their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a weekend attack on one of Maersk’s vessels.

US security sinks 3 ships, kills 10 after Houthi Militants Red Sea attack

US security sinks 3 ships, kills 10 after Houthi Militants Red Sea attack

US Helicopters repelled an attack by Iran-backed Houthi militants on a Maersk container vessel in the Red Sea, sinking three ships and killing 10 militants, according to accounts by American, Maersk, and Houthi officials.