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- KPT faces slow pace of work due to strike
Reported by: `Mubeen Hussain December 29, 2016 KPT faces slow pace of work due to strike KARACHI: The Karachi Port Trust (KPT) is facing slow pace of work after labourers of the Karachi Dock Labor Board declared a strike named “go slow” for the acceptance of their demands. According to sources, the “go slow” strike […]
admin - December 29, 2016 - Hamburg Sud deal likely to force Maersk sale of Brazilian subsidiary
Maersk Line’s acquisition of Hamburg Sud will likely force it to sell its Brazilian flag operation Mercosul Line, which could open the door to CMA CGM or Mediterranean Shipping Co. to enter the closed Brazilian coastal shipping market. Hamburg Sud has its own ECSA cabotage and feeder subsidiary, Alianca Navegacao, and if Maersk were to gain control […]
admin - December 9, 2016 - Gwadar port to be operational by year end: Chinese official
GWADAR: The multi-million dollar Gwadar port is set to be at “full operation” by the end of the year, a Chinese official said Tuesday, part of Beijing’s ambitious economic plans in the region. Gwadar port will see roughly one million tonnes of cargo going through it by 2017, said Zhang Baozhong, chairman of the company […]
admin - December 9, 2016 - KP demand for excise duty on crude production opposed
ISLAMABAD: Amid fixing of borrowing limits on provincial governments at Rs112 billion per annum, the Federal Board of Revenue (FBR) on Wednesday opposed a demand from the Khyber Pakhtunkhwa to impose excise duty on local crude production, saying this will increase petroleum prices across the country. Shahid Hassan Assad, Member FBR, told the Senate Standing […]
admin - August 20, 2015 - Lower oil prices unlikely to lure Japanese utilities away from LNG: Eclipse
Recent falls in global oil prices were unlikely to prompt the switch from LNG to oil by Japanese power utilities seen earlier this year as LNG spot prices were this time likely to remain competitive, Eclipse Energy said this week. According to Eclipse, a natural gas analytics and forecasting unit of Platts, the trigger point […]
admin - August 20, 2015
