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Articles for tag: business, deep, Latest, locating, operator, ports, Sea, sites

November 14, 2025

News Desk

New operator for locating sites for deep sea ports

Minister envisions three new ports equipped with modern cargo facilities, digital systems Islamabad: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has set up a high-level multi-agency committee to identify potential sites for establishing new deep-water ports along Pakistan’s extensive coastline, a move aimed at preparing the country for the next century of maritime expansion and economic transformation. In a statement issued on Thursday, the minister said the initiative is part of the “Centennial Vision 2047-2147”, unveiled during the National Maritime Week in Karachi earlier in November. He announced that he will attend the first meeting of the 12-member

March 1, 2025

News Desk

The terminal operator requires lease extension

Listen to the article Islamabad: ENGRO VOPAK TERMINAL LIMITED (EVTL) pressured the government to extend land lease for a liquefied oil gas (LPG) and a wet chemical terminal in Port Qasim so that it can continue its activities. The government had allocated a piece of land at EVTL in Port Qasim in 1995 and leasing it will expire in 2026. Now, EVTL is urging the government to extend the lease. However, the Ministry of Maritime Affairs refused to extend the lease and plans to float an offer for a new lease. EVTL claims to have spent $ 100 million and

August 25, 2024

News Desk

Don’t give smartphones to children under 11, UK mobile operator says

This file photo taken on April 20, 2013 shows a child using a smartphone at Caulfield Racetrack in Melbourne. — AFP LONDON: One of Britain’s biggest mobile network operators said on Sunday it was to issue a warning to parents not to give smartphones to children under 11. The new guidance comes after growing concern from parents about the potential pitfalls of smartphone access for young people. A recent study by the UK’s communications regulator found that around a quarter of British children aged between five and seven now had a smartphone. The EU will state in the new directive

Family of French ‘Mr Titanic’ sues submarine operator OceanGate

French deep-sea explorer Paul-Henri Nargeolet is pictured in this undated image. —AFP/ Archive Buzbee hopes to get answers about how this happened. He claims serious problems with the Titan submarine. Shaffer says the CEO of OceanGate was not present with the crew. WASHINGTON: The family of French deep-sea explorer Paul-Henri Nargeolet has filed a $50 million lawsuit against the operator of the submarine that exploded during a dive on the Titanic last year, killing him and four other people. Nargeolet’s estate filed the wrongful death lawsuit against OceanGate in the western US state of Washington, accusing the US-based company of

April 17, 2024

News Desk

The terminal operator will invest $75 million

Islamabad: Karachi Gateway Terminal Limited (KGTL) has planned an investment of $75 million in the multipurpose and net bulk terminal over the first two years to enhance the terminal’s capabilities. The terminal operator aims to make the initial investment to cover advances, prepayments, superstructure and equipment costs. Additionally, a capital injection of $100 million is planned over five years to further enhance the terminal’s capabilities, industry officials say. This major capital infusion is projected to increase throughput and capacity by 75%, enabling the terminal to handle up to 14 million tonnes of cargo per year, a significant improvement from its

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