Pakistan Merchant Marine Police - 2001

Objectives

Facilitate and attract private sector investment in shipping.

Deregulate to provide a free environment for investment in the maritime sector.

Ensure efficient operation of the country's ports and harbors through availability of harbor crafts namely tugs, pilot boats, dredgers, survey vessels and specialized crafts.

Make tangible contribution to the national economy by augmenting foreign exchange earnings and reducing freight bills.

Enhance utilization of trained manpower in the maritime sector by augmenting country's training facilities so as to enhance productivity and make them internationally marketable.

Targets

Expand and upgrade Pakistan flag merchant marine fleet to increase the present share of cargo from 5% to 40%.

Increase dead weight carrying capacity of Pakistan Flag Ocean going vessels to over one million tones in order to compete in the global market.

Expand maritime related training/support facilities as embodied in the updated IMO Conventions.

Revive and augment national ship building/capacity to meet 20% ship construction requirements of the Pakistan Merchant Marine and all national requirements of support and ancillary crafts.

Incentives

Ships and all floating crafts including tugs, dredgers, survey vessels and other specialized crafts purchased or bareboat chartered by a Pakistani entity be exempt up to 2020 from payment of all import duties and surcharges.

All port and harbor authorities in Pakistan shall allow all ships and floating crafts including tugs, dredgers, survey vessels and other specialized crafts 10% reduced berthing rates when the same are berthed for purposes of repair and maintenance