SHIPPING AND CARGO HANDLING ACTIVITIES IN PAKISTAN:

GOVERNMENT OF PAKISTAN DEREGULATED SHIPPING INDUSTRY IN 1991 AND ALLOWED PRIVATE SECTOR TO OWN AND OPERATE SHIPS UNDER NATIONAL FLAG. IN VIEW OF THE GOVERNMENT POLICY, KOPAK GROUP WHO WAS INVOLVED IN CARGO HANDLING ACTIVITIES AS TERMINAL OPERATORS AND STEVEDORES AT PORT MOHAMMAD BIN QASIM AND KARACHI PORT DECIDED TO TO ENTER INTO SHIP OWING AND ESTABLISHED "KOPAK SHIPPING" IN 1992 IN PAKISTAN.

PAN OCEAN SHIPPING CO LTD KOREA EXTENDED THEIR SUPPORT TO BUILD UP A SHIPPING ARM OF THE GROUP AND PROVIDED TWO PANAMAX VESSELS TO THE GROUP OF THEIR FLEET. GROUP OWN TONNAGE TOTAL DWT 310000 CONSISTING OF 7 DRY BULK CARRIER VESSELS VIZ MV DELTA WAVE, DELTA PEACE, DELTA JOY, DELTA FREEDOM, DELTA STAR, AND MV FAISAL.

AFTER RUNNING OF THESE VESSELS FOR 05 YEARS, DUE TO AGE AND CONDITION OF VESSELS, COMPANY LIMITED THEIR ACTIVITIES ON TAKING LARGE COA OF DRY BULK CARGOES INCLUDING IRON, ORE, & COAL, BULK WHEAT, FERTILIZERS ETC AND PERFORMED THIS CONTRACT WITH OUR JOINT VENTURE KOREAN PARTNER I.E PAN OCEAN SHIPPING LINES LIMITED.

 

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