Cosco to start a container shipping line at Gwadar from 5th March onwards

MG News | February 13, 2018 at 05:48 PM GMT+05:00

0:00

According to information received by MG Link News, Cosco Saeed Shipping has announced that it is to start a container shipping line at Gwadar port.

Businessman looking to trade around the globe will have a significant opportunity to import or export sea food from Gwadar to any destination around the world.

Only recently, Cosco Saeed Pakistan Head was shot dead in what police said appeared to be a targeted attack.

Chen Zhu, 45 and Managing Director of Cosco Saeed Karachi Shipping Pvt. Ltd, was shot in the head when unknown gunman opened fire on his car, while he was accompanies by another Chinese national. At least 10 shots were fired at the car.

“The incident appears to be targeted attack, (it) doesn’t look like a mugging,” commented Mr. Azad Khan, Deputy Inspector General of Karachi’s South Zone.

Some state minsters also warned that India might be behind the nefarious attack.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	138,692.67 272.66M	-0.40% -561.69
ALLSHR	85,794.52 646.13M	-0.13% -109.75
KSE30	42,414.87 62.56M	-0.50% -213.30
KMI30	195,013.85 65.08M	-0.54% -1058.02
KMIALLSHR	56,594.69 245.40M	-0.07% -37.41
BKTi	37,920.00 12.79M	-0.43% -164.85
OGTi	27,769.25 6.81M	-1.02% -284.98

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,665.00	119,880.00 117,640.00	-1370.00 -1.15%
BRENT CRUDE	69.59	69.67 69.21	0.41 0.59%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.42	66.49 66.05	0.39 0.59%
SUGAR #11 WORLD	16.57	16.63 16.25	0.33 2.03%