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Shipping activity at Port Qasim KARACHI: Five ships arrived at the port Qasim on Friday, December 30 carrying containers at QICT, Project Cargo at MW 3 furnace oil at FOTCO, chemical at EVTL and canola seed at FAP. Berth occupancy was maintained at 50% at the Port on Sunday where a total of seven ships namely MV Formation, M.V Safmarine Ngami, M.V Msc Anafi, MT Kei, M.T Norgas Petaluma, MT Al Buhaira, M.V Perla Bulker are currently occupying berths to load/offload project cargo, containers, palm oil, furnace oil, canola seed and chemical was handled at Port last 24 hours. Cargo handling operations were carried out smoothly at the Port where a cargo volume 96258 tonnes comprising 63452 tonnes import 32806 tonnes export 3226 (TUES) was handled at the Port during last 24 hours. M.V Safmarine Ngami sailed on Friday afternoon. No arrive on December 31. Copyright APP (Associated Press of Pakistan), 2011 ...

Karachi Port RECORDER REPORT KARACHI: The Karachi Port handled 82,349 tonnes of cargo comprising 43,599 tonnes of import cargo and 38,750 tonnes of export cargo including 4,649 loaded & empty containers during last 24 hours ended at 0700 hours on Friday. The total import cargo of 43,599 tonnes comprised of 23,354 tonnes of containerised cargo; 3,640 tonne of general cargo; 15,205 tonnes of bulk cargo: 13,961 tonnes of coal; 982 tonnes of wheat; 262 tonnes of cows and 1,400 ...
Gas load-shedding damages textile hub Faisalabad ISLAMABAD: The hours long gas and electricity load-shedding has badly affected the Manchester of Pakistan (Faisalabad) where around three lakh people have lost their jobs due to closure of the industries. MNA Fazal Kareem, speaking on a point of order in the National Assembly said his city was a business hub after Karachi and playing a key role in economic development of the country but prolonged load-shedding and shortage of gas had affected business activities. He urged ...
SNGPL facing 700 mmcfd gas shortfall: MD  HASSAN ABBAS LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) is currently facing gas shortfall of 700 mmcfd, which may reach 800 mmcfd in January, 2012. He also said that gas to the industry would not be restored till January. SNGPL Managing Director Arif Hameed said this while talking to Business Recorder. When asked about any move on the part of SNGPL for closure of CNG stations in the months of January and February, Hameed said he is ...
PM directs review of "PIA Business Plan"  ISLAMABAD: Prime Minister Syed Yusuf Raza Gilani Thursday rejected a Business Plan submitted to him by the PIA management and directed to come up with a new one to make the national flag-career efficient and profitable. Chairing a meeting at the PM House to review PIA's Plan, the Prime Minister directed the Committee; comprising the Secretaries of Cabinet, Finance, Establishment and Defence to formulate final recommendations before submission to the Cabinet Committee on Restructuring. The meeting, ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln