Wednesday, July 3, 2024

Pakistan signs 2 contracts worth $33m with Turkish shipbuilder

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Turkish company to provide Pakistan with 4 ASD tugboats, 2 pilot boats

Pakistan on Monday signed two contracts worth $33.46 million with Turkish shipbuilder for the procurement of four ASD tugboats (LNG compatible) and two pilot boats.

The signing ceremony was witnessed by Pakistan’s Federal Minister for Maritime Affairs Syed Ali Haider Zaidi and Turkish Ambassador to Pakistan Mustafa Yurdakul at the Maritime Ministry’s office in Islamabad.

The contracts were signed between Pakistan’s Port Qasim Authority and Sanmar Shipyards, according to Pakistan’s Ministry of Maritime Affairs. Sanmar, the leading shipyard of Turkey, will deliver the vessels within 12 months.

Minister Zaidi also invited Sanmar to build a shipyard in Pakistan, share their expertise, transfer technology and benefit from the local skilled workforce and low wages in Pakistan.

An official from Sanmar said they will take up the invitation seriously and praised the due diligence done by the Port Qasim Authority’s management and promised to deliver the vessels ahead of schedule while ensuring their quality.

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