KARACHI: Port Qasim Authority (PQA) on Tuesday signed two historic contracts with M/S Sanmar Shipyards, Turkey for procurement of four ASD Tugs (LNG compatible) and two pilot boats for $33.46 million. The crafts would be delivered within 12 months, a statement said.
“Sanmar is the leading shipyard of Turkey. This will be a significant step forward in brotherly relations between both the nations,” a statement said.
Federal Minister for Maritime Affairs Syed Ali Haider Zaidi and Turkish Ambassador Mustafa Yardakul witness contract signing at the Ministry of Maritime office in Islamabad.
Federal Minister for Maritime Affairs Syed Ali Haider Zaidi invited Sanmar to build their shipyard in Pakistan, share their expertise, transfer the technology and benefit from the local skilled workforce and low wages in Pakistan.
Sanmar Shipyard appreciated the due diligence done by PQA management and promised to deliver ahead of schedule ensuring quality.
Newly-elected President of CFA Society Muhammad Asim.— LinkedIn@masimkhi/file KARACHI: CFA Society Pakistan has...
An image from a ceremony of the Federal B Area Association of Trade and Industry on October 1, 2024.— X@FBAATI...
An image from the 21st Annual General Meeting of the Constructors Association of Pakistan on October 1, 2024.—...
A woman picks a gold earring at a jewellery shop on May 24, 2023. — ReutersKARACHI: Gold prices decreased by Rs600...
The Google logo is seen on the Google house at CES 2024, an annual consumer electronics trade show, in Las Vegas,...
The International Monetary Fund logo is displayed outside its headquarters in Washington, DC, on October 8, 2022. —...