Haq's Musings

Riaz Haq writes this data-driven blog to provide information, express his opinions and make comments on many topics. Subjects include personal activities, education, South Asia, South Asian community, regional and international affairs and US politics to financial markets. For investors interested in South Asia, Riaz has another blog called South Asia Investor at http://www.southasiainvestor.com and a YouTube video channel https://www.youtube.com/channel/UCkrIDyFbC9N9evXYb9cA_gQ

Showing posts with label Blue Economy. Show all posts

Monday, November 17, 2025

PIMEC 2025: Pakistan Plans to Boost Maritime Sector, Blue Economy

Pakistan recently held its second International Maritime Expo and Conference (PIMEC-25) in Karachi where it announced ambitious plans to expand its maritime sector and boost its blue economy. It is an initiative of the Pakistan Navy, organized under the patronage of the Ministry of Maritime Affairs. The country plans to invest a $100 billion in maritime development by expanding its national shipping fleet, building three new deep sea ports, adding a new shipyard at Gwadar, modernizing its fisheries, and upgrading maritime education. The plan called "Maritime @100" focuses on turning Pakistan into a regional maritime hub for trade, energy, food, and sustainability. It aims to increase the sector's GDP contribution from the current 0.4%-0.8% to 4% by 2047.

PIMEC 2025. Source: Lovin Karachi

Pakistan has a 1,046 kilometers long coastline on the Arabian Sea with maritime sovereignty over 200 nautical miles deep Exclusive Economic Zone (EEZ) and 150 nautical miles of Continental Shelf. This adds 290,000 square kilometers of sea or about 36% of the country's land area open for tapping vast resources in it.

Pakistan's "Blue Economy" in this extended economic zone includes seafood and energy resources as well as international trade connectivity with the rest of the world. It offers opportunities for water sports, recreation and tourism in the coastal areas of Pakistan. The country recently awarded licenses for 23 offshore exploration blocks to four consortiums led by local energy companies, some partnered with foreign firms including Turkey's national oil company TPAO. These blocks cover an area of 53,500 square kilometers.

PIMEC-25 attracted 178 exhibitors, including 28 international firms and 150 local organizations, alongside 133 international delegations representing 44 countries from Europe, Asia, the Americas, Africa, the Middle East, and the Far East. Participants showcased a wide array of innovations, from uncrewed underwater vehicles (UUVs) and drone jamming guns to advanced port technologies, showcasing Pakistan’s growing role in regional maritime trade.

Zarwah Enterprises, a startup led by Minahil Yousaf, Pakistan’s first female-led aquaculture company, demonstrated sustainable pond construction and shrimp farming solutions. AquaTech Fisheries, founded by Muhammad Kamran and Ahmad Hussain, presented innovative fish feed and aquaponics systems across Pakistan, including new farms in Punjab.

Woot Tech and Winged Innovative Solutions (WIS) rolled out remote-controlled drones and unmanned surface vessels (USVs) equipped with rotary cameras, designed for surveillance, mapping, and cloud seeding. WIS showcased an unmanned underwater vehicle (UUV) for deep-sea repairs and a portable jammer system for military use. These gadgets highlight how homegrown tech Karachi maritime solutions are supporting both commercial and naval operations.

The National Electronics Complex of Pakistan (NECOP) demonstrated the SAFRAH drone jamming gun, which can disable drones up to 1.5 km away for 40 minutes. NECOP also displayed a maritime logistics drone and the Integrated Platform Management System (IPMS), letting ships monitor multiple systems from a single control point. Another Pakistani defense firm revealed a 25-foot remote-controlled USV capable of traveling 30 km and running for up to five hours.

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Thursday, February 13, 2025

Pakistan Navy Plans Modernization, Indigenization

Admiral Naveed Ashraf, Pakistan Navy Chief, spoke of his vision for "indigenization and modernization" of his branch of the Pakistani military on the eve of multinational AMAN 2025 naval exercises. Biennial AMAN Exercise and Dialogue this year attracted 60 nations from Australia to Zimbabwe (A to Z). China, the United States, Turkey and Japan were among the countries which participated in it.

Some of the AMAN 2025 Participants in Karachi, Pakistan

Over the next 10 years, Pakistan has plans to build a modern well-equipped naval force with 50 ships ranging from frigates and submarines to corvettes and offshore patrol vessels. Recently, Pakistan Navy has inducted Type 054 A/P frigates from China, Offshore Patrol Vessels Batch-I and Batch-II from Romania and MILGEM-class corvette from Türkiye. "These platforms with the latest weapons and sensors will be a significant addition to the Pakistan Navy’s existing capabilities to effectively deal with today’s complex multi-threat environment", Ashraf told John Hill of "Naval Technology" publication. "The Jinnah-class frigate marks a significant advancement for my Navy as our first indigenously designed and produced large warship", he added.

As part of its modernization and indigenization effort, Pakistan is building its domestic defense industry to reduce dependence on imports. The Pakistani Navy Chief explained: "Currently, our industrial base is developing and gearing up for this initiative and we anticipate that our technological capabilities will grow throughout the program. This growth will be facilitated through partnerships with experienced defense partners from friendly countries". China and Turkey are Pakistan's closest partners in this effort. Pakistan’s defense acquisition budget is forecast to register a compound annual growth rate of 11.4% over the next four years: it is projected to reach $3.1 billion in 2029 from $2 billion in 2025, according to GlobalData intelligence.

In terms of military diplomacy, Pakistan is working with a much larger group of nations represented at the AMAN Exercises and Dialogue 2025. The list includes Australia, Azerbaijan, Bahrain, Bangladesh, Belarus, Brazil, Brunei, Burundi, Cambodia, Canada, China, Comoros, Czech, Djibouti, Egypt, Fiji, France, Germany, Indonesia, Iran, Iraq, Italy, Japan, Jordan, Kazakhstan, Kenya, Kingdom of Saudi Arabia (KSA), Kuwait, Libya, Malaysia, Maldives, Morocco, Myanmar, Netherland, Nigeria, Oman, Pakistan, Palestine, Philippines, Qatar, Romania, Russia, Seychelles, South Africa, South Korea, Spain, Sri Lanka, Switzerland, Tajikistan, Tanzania, Thailand, Timor-Leste, Tunisia, Türkiye, UAE, Uganda, UK, USA and Zimbabwe.

Over two dozen ships from twelve navies participated in an international fleet review off the coast of Pakistan – the grand finale to multinational naval exercise AMAN 2025 that saw a record 60 nations participate, according to media reports.

Here's an Aljazeera video of AMAN 2025:

https://youtu.be/ghuOerEfNFs?si=o3N_a4IUsQ52ez5R

Thursday, December 17, 2020

Pakistan Shipbuilding Industry and Blue Economy

Karachi Shipyard, the oldest and the only major shipyard in Pakistan, is experiencing unprecedented growth. It is rapidly expanding manufacturing facilities to respond to growing demand for both civilian and military vessels. Karachi also has several small boat yards near Karachi Fish Harbor where craftsmen build wooden fishing vessels with their hands to meet fishermen's demand. There are now plans in the works for building a new shipyard in Gwadar. Pakistan has the potential to build a large "Blue Economy" in its 290,000 square kilometers of coastal water or about 36% of the country's land area open for tapping vast resources in it. These resources include seafood and energy resources as well as international transport and trade connectivity with the rest of the world. It offers opportunities for water sports, recreation and tourism in the coastal areas of Pakistan. Pakistan needs a large fleet of ships to defend it and to take full economic advantage of it.

Blue Economy. Source: World Bank

Karachi Shipyard:

Several new dry docks are being built at Karachi Shipyard and Engineering Works (KSEW) to cater to growing demand from Pakistan Navy and other government agencies. Two patrol boats have been built jointly with Dutch builder Damen at KSEW and delivered to Pakistan Customs.

Four Type-039B ‘Hangor Class’ Chinese designed AIP submarines are planned to be built at KSEW. Keel-laying ceremony was held recently at KSEW for Turkish-designed MILGEM corvettes for Pakistan Navy. There are discussions underway to build Dutch Damon corvettes at KSEW for Pakistan Navy.

Karachi shipyard is too small for servicing large ships owned by Pakistan National Shipping Corporation (PNSC).

Karachi Fish Harbor:

Pakistani craftsman are continuing to build wooden fishing vessels for domestic and foreign buyers. They deliver 30 to 40 fishing vessels every year, in addition to repair work at the yard. Their foreign customers include fishermen from Iran, Yemen, Saudi Arabia and UAE.

Currently, the builders are taking orders for cargo vessels since the demand for fishing boats has gone down due to a variety of reasons, including the use of over-aged vessels, according to Arab News.

Gwadar Shipyard:

Karachi Shipyard and Engineering Works (KSEW) has recently acquired land in Gwadar to establish another major shipyard where much larger ships can be built and serviced. KSEW chief Rear Admiral Ather Saleem has told The News “The decision has been taken in view of increased movement of ships and maritime activities at Gwadar Port in the backdrop of China-Pakistan Economic Corridor (CPEC).”

KSEW in Karachi currently has 2 dry docks of limited capacities of 18,000 and 26, 000 DWT. It also has 3 shipbuilding berths with capacities of 6000 DWT, 15000 DWT and 26000 DWT. These are too small for Pakistan National Shipping Corporation cargo ships and tankers. Deadweight tonnage of the biggest PNSC tanker Aframax Tanker Quetta is 107,215.

Blue Economy:

Pakistan's "Blue Economy" in this extended economic zone includes seafood and energy resources as well as international transport and trade connectivity with the rest of the world. It offers opportunities for water sports, recreation and tourism in the coastal areas of Pakistan. Pakistan needs a large fleet of ships to defend it and to take full economic advantage of it.

Monday, February 11, 2019

Pakistan's Blue Economy: Vast Offshore Resources in Exclusive Economic Zone

Pakistan has a 1,000 kilometers long coastline on the Arabian Sea with maritime sovereignty over 200 nautical miles deep Exclusive Economic Zone (EEZ) and 150 nautical miles of Continental Shelf. This adds 290,000 square kilometers of sea or about 36% of the country's land area open for tapping vast resources in it.

Pakistan's "Blue Economy" in this extended economic zone includes seafood and energy resources as well as international trade connectivity with the rest of the world. It offers opportunities for water sports, recreation and tourism in the coastal areas of Pakistan. One sign of the recognition of Pakistan's blue economy is the ongoing three-day International Maritime Conference organized on the theme of ‘Global Geopolitics in Transition: Rethinking Maritime Dynamics in the Indian Ocean Region’ under the auspices of National Institute of Maritime Affairs.

Offshore Energy Resources:

A Pakistan Basin Study conducted in 2009 found that the country has six onshore and two offshore basins; offshore basins being the Indus basin and the Makran basin in the Arabian Sea.

Top 3 Offshore Drilling Sites in Asia-Pacific. Source: Bloomberg

The Indus offshore basin is a rift basin that geologists say developed after the separation of the Indian Plate from Africa in the late Jurassic period. It is believed to be the second largest submarine fan system in the world after the Bay of Bengal with high probability of hydrocarbon discoveries.

The Makran Offshore basin is separated from the Indus Offshore basin by Murray ridge, according to Syed Mustafa Amjad's report in Dawn. It is an oceanic and continental crust subduction zone with deepwater trenches and volcanic activity. The basin consists of oceanic crust and periodic emergence of temporary mud islands along the coast suggesting strong evidence of large hydrocarbon deposits.

American energy giant Exxon-Mobil has joined the offshore oil and gas exploration efforts started by Oil and Gas Development Corporation (OGDC), Pakistan Petroleum Limited (PPL) and Italian energy giant ENI, according to media reports.

Each company has 25% stake in the joint venture under an agreement signed at the Prime Minister’s Secretariat in May 2018 among ExxonMobil, Government Holdings Private Limited (GHPL), PPL, ENI and OGDC.

Exxon-Mobile's entry in Pakistan brings deep offshore drilling technology, its long experience and financial resources to the country. It is expected to accelerate exploration and more discoveries.

CPEC and Trade:

Pakistan has built Gwadar as its third major deep sea port after Karachi and Port Qasim. Gwadar port's planned capacity when it is completed will be 300 to 400 million tons of cargo annually. It is comparable to the capacity of all of India's ports combined annual capacity of 500 million tons of cargo today. It is far larger than the 10-12 million tons cargo handling capacity planned for Chabahar.

"We believe Gwadar is following in the footsteps of Shenzhen which represented a historic population rise, from a population of 30,000 in 1980 to 11 million people in 2017. Gwadar is poised to see massive population growth due to incoming industries, and we expect this to be one of the most strategic cities in South Asia." Hao-Yeh Chang, China Pak Investments Corporation

To put Gwadar's scale in perspective, let's compare it with the largest US port of Long Beach which handles 80 million tons of cargo, about a quarter of what Gwadar will handle upon completion of the project. Gawadar port will be capable of handling the world's largest container ships and massive oil tankers.

Gawadar port is being built in Pakistan by the Chinese as part of the ambitious $46 billion China-Pakistan Economic Corridor (CPEC) that will eventually serve as Hong Kong West for growing Chinese trade with the Middle East and Europe. CPEC will also enable Pakistan to bypass Afghanistan to trade with Central Asia through China across China's borders with Tajikistan, Kyrgyzstan and Kazakhstan.

The volume of Gwadar property searches surged 14-fold on Pakistan’s largest real estate database, Zameen.com, between 2014 and 2016, up from a prior rate of a few hundred a month. “It’s like a gold rush,” said Chief Executive Zeeshan Ali Khan to an Express Tribune newspaper reporter. “Anyone who is interested in real estate, be it an investor or a developer, is eyeing Gwadar.”

Chinese private investment company China Pak Investment Corporation has recently announced it is acquiring 3.6 million square foot International Port City project in Gwadar. It plans to develop a $150 million gated community to handle the influx of 500,000 Chinese professionals expected in Gwadar by 2022.

Seafood Industry:

Pakistan’s fishing industry is very small relative to its vast potential. Pakistani fishermen own small fishing boats and their catch is very limited. The industry contributes only 0.4% of the country's $315 billion GDP. However, the nation's seafood exports are growing, In fiscal year 2017-18, seafood exports increased 27.94% to 198,420 tons, earning $451.026 million.

Pakistani finishing industry is in need of major modernization to make it more productive. China’s infrastructure investments in Pakistan are opening up the local fisheries sector on the Arabian Sea, with a major Chinese power station builder completing a fishing port as a “gift” to local people, according to a report in SeafoodSource. State-owned China State Power Investment Corp., which is building several power plants in Pakistan, said a new fishing port in Lasbela region on the Arabian Sea would aid the economy and increase the efficiency of the local fishing community in Baluchistan Province (of which Lasbela is part), says the report.

Summary:

Pakistan is beginning to focus on tapping vast resources in its 290,000 square kilometers of sea or about 36% of the country's land area. Fishing industry is being modernized with Chinese help and Exxon has begun exploring offshore oil and gas reserves. Gwadar has been built as the third deep sea port and a major new metropolis is being built t hat could one day rival Chinese city of Shenzhen.

Related Links:

Haq's Musings

South Asia Investor Review

US EIA Estimates of Oil and Gas in Pakistan

Gwadar to Rival Shenzhen

Exxon Exploring Offshore Oil and Gas in Pakistan

Why Blackouts and Bailouts in Energy-Rich Pakistan?

Riaz Haq's Youtube Channel

PakAlumni Social Network