Overview
- The Pakistan Navy reported 83 agreements worth Rs76 billion (about $273.6 million) at the expo’s close, with 178 exhibitors and 133 international delegations from 44 countries attending.
- Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry announced the $100 billion Maritime @100 plan running to 2047 and outlined a century‑long Maritime Century (2047–2147) vision to position Pakistan as a blue‑economy hub.
- The minister said the PNSC fleet has grown from 10 to 12 ships, with three more expected within two months and tenders for 12 additional vessels underway, targeting 30 ships by 2026 and 60 within three years.
- Plans include Pakistan’s first Green Ship Repair and Recycling Yard at Port Qasim as part of a Sea to Steel industrial complex and a Rs12 billion modernization of Gaddani’s ship‑breaking yard toward Hong Kong Convention standards.
- Policy steps detailed at the event include a finalized National Fisheries and Aquaculture Policy 2025–2035 targeting a near‑term export boost, a Maritime Education Endowment Fund with an academy upgrade to a university, and issuance of the first private ferry operator license.