• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Friday, July 3, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Gilgit Baltistan Election
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Pakistan posts $360 million maritime breakthrough

Published on: January 24, 2026 11:45 PM

Pakistan’s maritime sector recorded a historic Rs100 billion ($360 million) profit in 2025, Minister Muhammad Junaid Chaudhry announced. He described the year as transformative, driven by reforms in ports, shipping, fisheries, and human resources. Chaudhry said these initiatives aim to unlock Pakistan’s full blue economy potential.

The government finalised the National Maritime Policy to unify shipping, ports, fisheries, and maritime security under a single framework. Additionally, the National Shipping Policy targets expanding the Pakistan-flagged fleet to reduce reliance on foreign carriers. Plans for the National Fisheries and Aquaculture Policy aim to boost seafood exports to $2 billion annually and generate two million jobs.

Read more: Pakistan launches $100bn maritime uplift plan to expand fleet, ports

Operational efficiency improved at major ports, Chaudhry reported. Karachi Port handled a record 54 million tonnes of cargo, while vessel dwell time dropped by 24 to 36 hours. Cost-cutting measures, including reduced overtime and elimination of 2,152 redundant positions, saved billions of rupees. Land recovery efforts reclaimed 158 acres at Karachi and Port Qasim, valued at roughly Rs110 billion.

The ministry launched Pakistan’s first passenger and cargo ferry service to improve coastal connectivity. Gwadar port expanded free-zone land, and bids opened for a 100-acre off-dock terminal to boost transit trade. The “Sea to Steel” project integrates ship recycling with steel production, aiming to reduce imports and support Pakistan Steel Mills. Digitisation efforts, including e-office and electronic trade systems, improved transparency and trade efficiency.

Read more: Minister calls for space-based monitoring for maritime safety

Maritime education and social development also advanced. The Pakistan Marine Academy is moving toward degree-awarding status, while deep-sea fishing licences will be regulated by a new advisory body. An endowment fund was created to support coastal children. Chaudhry emphasized that sustained implementation will be crucial to leverage Pakistan’s long coastline for lasting economic growth.

Filed Under: Business Tagged With: blue economy Pakistan, Karachi Port, Latest, National Maritime Policy, Pakistan maritime sector, Pakistan shipping industry, Port Qasim

Submit a Comment




Primary Sidebar




Latest News

Dar, Saudi FM review Doha progress

Khawaja Asif backs AJK mediation

Sindh expands youth employment programme

Lebanon, Syria sign non-interference pact

Craig Gillespie offers hopeful update on Cruella 2

Pakistan

Dar, Saudi FM review Doha progress

Khawaja Asif backs AJK mediation

Sindh expands youth employment programme

PTI boycotts upcoming AJK elections

Pakistan expands Murree Expressway network

More Posts from this Category

Business

Chinese firm eyes Pakistan energy investment

SBP ends remittance rewards for overseas Pakistanis

Saudi Aramco boosts Ras Tanura oil exports to Asia

PSX jumps over 1,400 points

Report claims Elon Musk’s company SpaceX is developing AI smartphone

More Posts from this Category

World

Lebanon, Syria sign non-interference pact

Trump questions US spending on NATO

Russia launches deadly Kyiv assault

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}