ADVERTISEMENT
Monday, April 13, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Headline

Increase in ocean carrier’s charges dangerous for Export: NKATI

News Desk by News Desk
August 13, 2021
NKATI demanded K-Electric not to enforce ISPA charges till 30th April 2020.
Share on FacebookShare on Twitter

KARACHI – President, North Karachi Association of Trade & Industry(NKATI), Faisal Moiz Khan has termed the four-times increase in tariff charges by international shipping companies as a threat to the country’s exports, asked the Government of Pakistani to play role like the US Federal Maritime Commission, and also seek clarification from global ocean carriers on the drastic increase in tariff charges, so that the country’s exports, imports can be saved from unnecessary costs. Otherwise, the huge increase in cost will make exports and imports from Pakistan impossible.

In a statement, Faisal Moiz Khan, President, North Karachi Association of Trade & Industry(NKATI) said that the US Federal Maritime Commission (FMC) has asked 8 major global ocean carriers – CMA CGM, Hapag – Lloyd, HMM, Matson, MSC, OOCL, SM Line and Zim to provide detail about charges, so that it can be observed whether the increased charges of the said carriers are valid or not.

Advertisements

Therefore, the Government of Pakistan should also seek clarification from international ocean carriers regarding surcharges and other charges. In order to eliminate unfair charges and to eliminate the factors that cause the cost of domestic exports & imports.

“It should also be examined what justifications are being offered by international ocean carriers for the increase in tariff charges. Because in many countries, including the United States, changes in ocean carrier tariffs or rate increases are subject to specific requirements. Including providing 30 days’ notice to ships and ensuring that published tariffs are clear and unambiguous”, NKATI president added.

Faisal Moiz Khan opined that it should also be reviewed that the said surcharges have been made properly and in compliance with legal and regulatory obligations and if the increase in tariff charges is unjustified then it should be abolished. He suggested that Pakistan should also implement international style rules and regulations to ensure that global ocean carriers are not improperly charged.

Advertisements
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

Pezeshkian, Putin Discuss Fallout of Islamabad Talks, Stress Continued Diplomacy
Headline

Pezeshkian, Putin Discuss Fallout of Islamabad Talks, Stress Continued Diplomacy

April 12, 2026
US-Iran Talks in Islamabad End Without Deal; Trump Announces Strait of Hormuz Blockade
Headline

US-Iran Talks in Islamabad End Without Deal; Trump Announces Strait of Hormuz Blockade

April 12, 2026
US-Iran Talks in Islamabad End Without Deal After Marathon Negotiations, Says JD Vance
Headline

US-Iran Talks in Islamabad End Without Deal After Marathon Negotiations, Says JD Vance

April 12, 2026
US-Iran Talks in Islamabad End Without Deal After 21 Hours of Negotiations, Says JD Vance
Headline

US-Iran Talks in Islamabad End Without Deal After 21 Hours of Negotiations, Says JD Vance

April 12, 2026
US Media Highlights Rare Direct Talks Between Washington and Tehran
Headline

US Media Highlights Rare Direct Talks Between Washington and Tehran

April 12, 2026
US-Iran Talks Begin in Islamabad Amid Ceasefire Hopes and Lingering Disputes
Headline

US-Iran Talks Begin in Islamabad Amid Ceasefire Hopes and Lingering Disputes

April 11, 2026
Pakistan Hosts US, Iranian Delegations as Islamabad Talks Aim for Lasting Ceasefire
Headline

Pakistan Hosts US, Iranian Delegations as Islamabad Talks Aim for Lasting Ceasefire

April 11, 2026
PM Shehbaz Sharif Meets US Vice President JD Vance as Islamabad Talks Begin
Headline

PM Shehbaz Sharif Meets US Vice President JD Vance as Islamabad Talks Begin

April 11, 2026
PM Shehbaz Sharif Reaffirms Mediation Role in Meeting with Iranian Delegation at Islamabad Talks
Headline

PM Shehbaz Sharif Reaffirms Mediation Role in Meeting with Iranian Delegation at Islamabad Talks

April 11, 2026
Sukhdev Assardas Hemnani Organized a grand luncheon in honor of media friends.
Business

Sukhdev Assardas Hemnani Organized a grand luncheon in honor of media friends.

April 11, 2026
Next Post
Armeena Khan Launches Her Own Youtube Channel – Exploring Creative Boundaries

Armeena Khan Launches Her Own Youtube Channel – Exploring Creative Boundaries

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Indus Motor Company declares profit after tax of PKR 5.1 billion.

Karachi Receives Widespread Rainfall as Authorities Issue High Alert

U Microfinance Bank and NADRA Technologies shake hands to provide e-Sahulat services

FBI Philadelphia Pioneers Transnational Repression Task Force Model

Murtaza Wahab Inaugurates Recycled Plastic Road by English Biscuit Manufacturers in Karachi

Must Read

Mian Ijaz ul Hassan’s Solo Show “Reality Revisited” Unveiled.
ADVERTORIAL

Mian Ijaz ul Hassan’s Solo Show “Reality Revisited” Unveiled.

August 29, 2024
The SquarePeg takes centre stage at ITCN 2023.
Headline

The SquarePeg takes centre stage at ITCN 2023.

February 28, 2023
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.