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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 The department was established in 1930 under the Merchant Shipping Act, 1923, which was repealed and replaced with ...
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]
Karachi Gateway Terminal Multipurpose (Private) Limited (KGTML) operates a bulk and general cargo terminal on the East Wharf of Pakistan's Karachi Port. [1] [2] [3] Karachi Port is Pakistan's most important port of international trade. Over 90% of imports and exports of Pakistan take place through Karachi Port.
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 ...
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.
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 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 1957. [4] Since 1955, the KSEW Ltd. remains under government sponsorship and is entirely owned by the Ministry of Defence Production. [5]
Pakistan Marine Academy (PMA) (Urdu: پاکستان اکادمی برائے علومِ بحر) is located at Karachi, Sindh, Pakistan. It is a Seafarers Training Academy, working under Federal Ministry of Maritime Affairs, Government of Pakistan as an autonomous department.