Business

Pakistan signed 2 Contacts with Turkish Ship Builders

Pakistan and a Turkish shipbuilder signed two contracts Monday worth $33.46 million for the procurement of four ASD tugboats (LNG compatible) and two pilot boats.The contracts were signed between Pakistan’s Port Qasim Authority and Sanmar Shipyards, according to a statement from Pakistan’s Ministry of Maritime Affairs.This will be a significant step forward in the brotherly relations between both the countries, the statement said.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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