Maritime joint ventures with China explored

Shandong Xinxu Group Corporation of China has proposed establishing an Integrated Maritime Industrial Complex in Pakistan, signalling increased cooperation in port development, shipbuilding, and the blue economy. During a meeting in Beijing with Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry, senior officials from Shandong Xinxu discussed potential joint ventures aligned with Pakistan’s maritime ambitions. The minister highlighted the expansion plans of Pakistan National Shipping Corporation (PNSC) and invited the Chinese firm to explore joint ventures in leasing and feeder services linked to Gwadar port. He also proposed collaboration on dry dock and floating dock facilities at Port Qasim and Gwadar, as well as EU-certified fish processing and aquaculture research to boost seafood exports.