Pak Shaheen starts sea trade route between Pakistan Russia

May 25, 2023 (MLN): Pak Shaheen Pvt. Limited has launched Russian Express Liner Services to open up a sea trade route between Pakistan and Russia in order to realize the true potential of trade that exists between the two countries.

This is in accordance with the policies of the government and the Prime Minister of Pakistan to strengthen and enhance trade ties with Russia and to realize the true potential of trade that exists between the two countries.

For this purpose, the company has partnered up with the Neco Line Asia of Russia and as a consequence the vessel “Crystal Saint Petersburg”.

The opening up of this sea trade route will bring tremendous dividends for the economy of Pakistan and will also supplement and provide new sources for our energy needs.

Connecting markets in both countries will carve a pathway for the future and will be a catalyst for generating economic activity in Pakistan. Before the opening up of the service, Pakistani products were being exported to the Russian market via transshipment, which caused delays and enhanced freight costs.

This direct shipping would facilitate the export of textiles, sports goods, surgical items, Himalayan salt, rice, leather goods, gloves, apparel, fruits and vegetables, and confectionary items from Pakistan to Russia.

"We also envision promoting Pakistan as a ‘Transhipment Hub' catering to all intra-Asia cargoes being discharged at Karachi for onward journey to Russia via Sea," the company said in a statement issued on Wednesday. 

Pak Shaheen Pvt. Limited is one of the oldest and most prominent business enterprises in Shipping and Logistics in Pakistan and has rendered great services in transforming the Logistics and Shipping Sectors, over the last 70 years.

It has represented world-renowned shipping lines like CMA-CGM of France, Jugolinija Line of Croatia, and currently Samudera Shipping of Indonesia, etc.

Apart from Shipping, the company has a presence in the Ports of Pakistan, Karachi, and Port Qasim in the form of off-dock terminals.

The Joint Ventures with foreign companies like Gulftainer of UAE have also attracted a substantial amount of FDI in Pakistan.

In keeping with our tradition of dynamic movement and as a sequel to our efforts in bringing FDI to Pakistan and promoting port-related and shipping business in Pakistan.

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