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Tag Archives: Maersk

Fearing arrest, two Indian spies flee Pakistan Port Qasim

Indian spies RAW

KARACHI: In a latest but crucial development, two Indian ‘spies’ have fled from Pakistan’s Port Qasim who were illegally appointed at the port through a holding company of the QICT without the approval of the Ministry of Interior. Experts say these spies were working at the QICT to run their network like Kulbhushan Jadhav who was caught by Pakistani Army ... Read More »

Illegal demurrage & detention charges by Maersk, QICT creating hurdles for importers: Raza Hashmi

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LAHORE: Leader of the Pakistani exporters’ community in Japan, Raza Hasmi has said that the illegal demurrage and detention charges by the shipping lines including M/s Maersk Pakistan (Pvt) Ltd and terminal operator QICT have increased problems for overseas Pakistanis exporting cheap vehicles and spare parts to Pakistan. Raza Hashmi who is visiting Pakistan nowadays has told Customs Today that ... Read More »

Port Report: Maersk results gain from U.S. container import binge and higher detention fees

Madrid+Maersk

Maersk : saw operating profit for 2018 increase slightly despite a 26 percent jump in revenue as fuel prices continue to catch the world’s biggest container ship line by surprise. The company sees operating profit improving this year thanks to cost savings from the buyout of Hamburg Sud and the growth in smaller, but higher margin businesses. It expects its ... Read More »

ECC directs to form committee to ensure prompt clearance at ports after Customs Today coverage

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ISLAMABAD: Customs Today has been raising the issue of delay in clearance process at Karachi ports since last several years and finally the Economic Coordination Committee in its meeting directed the formation of a committee headed by Minister for Ports & Shipping Ali Haider Zaidi to bring up proposals for prompt and efficient cargo clearance at ports. According to details, ... Read More »

Illegal demurrage & detention charges by Maerks creating hurdles for importers: Faheem Saigal

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LAHORE: The illegal demurrage and detention charges by the shipping lines including M/s Maersk Pakistan (Pvt) Ltd and terminal operator QICT have added to the per unit cost as they have no set criterion and worst is that the customs department and the government are never interested in regulating the shipping lines. This was stated by Lahore Chamber of Commerce and ... Read More »

65 officials of QICT, Maersk NABed in Rs 610 billion inquiry

junaid zamir

KARACHI: The National Accountability Bureau (NAB) in its Regional Board Meeting (RBM) has authorised inquiry to ascertain role of 65 officials of QICT and M/s Maersk Pakistan (Pvt) Ltd in country’s biggest Ports & shipping scandal involving 610 billion rupees. As per the complaint received by the NAB, the nexus of some Customs staff, port terminals like QICT along with ... Read More »

Maneuvers of Maerk, PIL, Pacific Delta can be dangerous for economy of country: Mian Islam

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LAHORE: Shipping industry in developing countries like Pakistan is very important for development of the country and when these companies start blackmailing of the importers through its agents and dealers, it can destroy the economy of the country. This was stated by PVC scrap importer and senior member of All PVC Pipes Manufacturing Association Lahore Mian Islam while talking with ... Read More »

Blackmailing by Maersk, PIL, Pacific Delta shattered economy: Mian Shakeel Javed

Chairman, Mian Shakil Ashfaq, Shujabad Agro Industries (Pvt.) Ltd., Karachi

MULTAN: Blackmailing of Shipping Companies like M/s Maersk Pakistan (Pvt) Ltd, Pacific International Lines (PIL) and its agents in Pakistan, M/s Pacific Delta Shipping (Pvt) Ltd at Qasim International Container terminal (QICT) has shackled the economy. Shipping companies have misplaced the image of port and trust of importers over the collection of inequitable charges of demurrage and detention on clearance ... Read More »

Indians working at QICT without permission of Interior Ministry a serious security threat: Advocate Sheikh Ghias

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MULTAN: Huge number of Indians under the guise of shipping companies working without permission of Interior Ministry at Qasim International Container Terminal (QICT) are causing economic and national security threats due to their doubtful dealings. Interior ministry and security agencies must initiate verification process and enhance vigilance of these Indians working in different shipping companies to prevent any sort of ... Read More »

NAB should take action against Maersk, PIL, Pacific Delta: Advocate Nazim

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MULTAN: National Accountability Bureau (NAB) should take action against M/s Maersk Pakistan (Pvt) Ltd, Pacific International Lines (PIL) and its agents in Pakistan, M/s Pacific Delta Shipping (Pvt) Ltd in a mega scam of exorbitant demurrage and detention to address grievances of importers. Collection of exorbitant demurrage and detention charges from genuine importers is open violation of laws and said shipping ... Read More »

NAB asked to probe Maersk, PIL, Pacific Delta in multi-billion demurrage & detention scam

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KARACHI: The National Accountability Bureau (NAB) has received an application against M/s Maersk Pakistan (Pvt) Ltd and also against Pacific International Lines (PIL) and its agents in Pakistan, M/s Pacific Delta Shipping (Pvt) Ltd in a mega scam of demurrage and detention worth billions. The complaint received by the NAB demanded legal action for recoveries of amounts looted and recovering losses of Rs. ... Read More »

After Maersk, PIL & Pacific Delta also evaded ST worth billions with SRB connivance

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KARACHI: After uncovering of the alleged scam of Maersk Pakistan (Pvt) Ltd, now it has been unearthed that Pacific International Lines (PIL) along with its agent in Pakistan, Pacific Delta Shipping Pvt. Ltd, have also reportedly evaded sales tax to the tune of billions of rupees. Customs Today reported extensively about alleged mega sales tax scam of Maersk Pakistan (Pvt) ... Read More »

NAB asked to probe Maersk Pakistan, PIL in multi-billion demurrage & detention scam

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KARACHI: The National Accountability Bureau (NAB) has received an application against M/s Maersk Pakistan (Pvt) Ltd and also against Pacific International Lines (PIL) and its agents in Pakistan, M/s Pacific Delta Shipping (Pvt) Ltd in a mega scam of demurrage and detention worth billions. The complaint received by the NAB demanded legal action for recoveries of amounts looted and recovering ... Read More »

Chief Secretary orders SRB to probe Maersk Pakistan’s mega sales tax scam within 15 days

Chief Secretary Sindh

KARACHI: Customs Today unearthed mega sales tax scam of Maersk Pakistan (Pvt) Ltd where the company in connivance with its agents, audit firms and some officials of Sindh Revenue Board evaded billions of rupees sales tax in terms of services provided to its local clients. After extensive coverage of the issue by Customs Today, the Sindh Chief Secretary through diary ... Read More »

NAB should set a precedent by recovering billions from Maersk Pakistan: Waris Ghani

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PESHAWAR. Waris Ghani, a Peshawar-based importer, said Maersk Pakistan (Pvt) Ltd not only evaded sales tax worth billions but also frustrated importers by delaying consignments to demand bribe and hidden charges. While talking with Customs Today, he said Maersk Pakistan (Pvt) Ltd looted the country through sales tax evasion and issuing bills without sales tax numbers, and NAB should not spare such gambling ... Read More »

NAB & FIA must recover billions of rupees evaded by Maersk Pakistan: Sultan Mehmood Malik

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MULTAN: National Accountability Bureau (NAB) and Federal Investigation Agency (FIA) must recover alleged billions of rupees evaded by M/s Maersk Pakistan (Pvt) Ltd in wake of sales tax. Said Sales Tax Fraud amount of Denmark’s shipping company Maersk and its subsidiary in Pakistan may be utilized in the sponsorship of blasphemous caricature contest. Importers and exporters should boycott the company to stop ... Read More »

NAB, FIA should take rigorous action against M/s Maersk Pakistan for non-cooperation

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MULTAN: Tax authorities should take rigorous action against M/s Maersk Pakistan (Pvt) Ltd. for non-cooperation with audit teams of the Sindh Revenue Board (SRB) as the company is adopting delaying tactics in providing mandatory tax record for investigation. Intentional delay and non-cooperation from M/s Maersk Pakistan (Pvt) Ltd in providing tax record to audit team showed their criminal intent and their ... Read More »

Biggest ever Sales Tax fraud: NAB asked to recover billions from Maersk Pakistan

Arsalan Khan

KARACHI: The National Accountability Bureau (NAB) is asked to intervene and investigate the biggest sales tax fraud of M/s Maersk Pakistan (Pvt) Ltd to recover billions of rupees ‘evaded’ money as the company is not cooperating with the Sindh Revenue Board (SRB) for audit. Commissioner Operations Sindh Revenue Board (SRB) Mohammad Amir said audit of M/s Maersk Pakistan (Pvt) Ltd ... Read More »

Maersk shipping company should be brought to justice through serious actions: Syed Asim Shah

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MULTAN: Mega tax evasion by M/s Maersk Pakistan (Pvt) Ltd showed inefficiency of tax department as this huge sales tax evasion will put burden on the business community. However, shipping industry is playing the pivotal role in strengthening national economy as all importers and exporters avail facility of shipping companies for the clearance of their legal shipments after payment of due ... Read More »

SC should constitute high-level JIT similar to Panama case to probe Maersk sales tax evasion: Imran Ghazi

Imran Ghazi

MULTAN: The Supreme Court of Pakistan should constitute a high level Joint Investigation Team (JIT) similar to Panama case for probing mega sales tax fraud of M/s Maersk Pakistan (Pvt) Ltd. Pakistan’s biggest ever fraud of sales tax revealed by Customs Today against M/s Maersk Pakistan (Pvt) Ltd should be investigated appropriately for recovery of robbed amount. It was stated ... Read More »