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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. [11]
Mercantile Marine Department, Pakistan (Urdu: سررشتہ بحری تجارت ، پاکستان) is an attached department of Ports and Shipping Wing, Karachi under the Ministry of Ports and Shipping, Government of Pakistan. The department was established in 1930 under the Merchant Shipping Act, 1923, which was repealed and replaced with ...
Karachi Gateway Terminal Multipurpose (Private) Limited - KGTML, operates under a 25-year concession to operate a bulk and general cargo terminal at berths 11-17 on the East Wharf o Karachi Port. [ 20 ] [ 21 ] KGTML is a joint venture of AD Ports Group as a major shareholder and Kaheel Terminals, UAE.
In 1952, the Government of Pakistan reached out to Government of Germany for funding and loan feasibility, which both nation agreed upon. [4] In 1955, the Karachi Shipyard & Engineering Works Limited was established when Pakistan Industrial Development Corporation (PIDC) commissioned a project that was delivered to Karachi Port Trust (KPT) in ...
Pakistan Seamen Union discloses that there were nearly 50,000 seafarers and holder of SSB/Old System CDC, most of them had no jobs. [9] Institutes have been charging between Rs.70,000 and Rs.80,000 for six-month training without ensuring shipboard jobs of their students, which causing a surplus in the already over-saturated job market.
The Karachi Port Trust (KPT) (Urdu: ادارہِ تولیتِ بندرگاہ کراچی) is a Pakistani federal government agency, under the administrative control of the Federal Maritime Secretary that oversees the operations of the Port of Karachi, one of South Asia's largest and busiest deep-water seaports which handles over 90% of the nation's foreign trade.
The Pakistan Maritime Security Agency (reporting name: PMSA) (Urdu: پاکستان بحری سلامتی ایجنسی) is a branch of the Pakistan Navy. [4] It is a Navy-managed and Navy-controlled Marine law enforcement agency whose mission is to provide protection to Pakistan's maritime interests and enforcement of maritime law with jurisdiction over the domestic and international waters of ...
Before 2004, Ports and Shipping was a subject and part of the Ministry of Communications.; In 2004, the Ministry of Ports and Shipping emerged as a separate and independent Federal Ministry of the Government of Pakistan.