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Pakistan Navy lays keel for second HANGOR Class Submarine

09:42 AM | 15 Feb, 2024
Pakistan Navy lays keel for second HANGOR Class Submarine
Source: pakistan navy

KARACHI - Pakistan Navy held a keel-laying ceremony for second HANGOR Class Submarine at Karachi Shipyard & Engineering Works (KS&EW).

Chief of the Naval Staff, Admiral Naveed Ashraf graced the occasion as chief guest.

In a press release, Pakistan Navy said defence agreement between Islamabad and Beijing included the development of eight Hangor-class submarines including four under construction at Wuchang Shipbuilding Industry Group (WSIG) in China and the remaining four being built at KS&EW under the Transfer of Technology (ToT) agreement.

It said construction work of submarine to be made at KS&EW Pakistan commenced in late December 2023 and now the keel laying is being laid which is a major milestone in the history of any naval vessel being constructed.

Meanwhile, construction work on a subsequent submarine has started with its steel cutting at the same shipyard.

It said the watercraft is capable of undertaking a variety of missions as per operational dictates.

Addressing the keel laying ceremony, Chief of the Naval Staff Admiral Naveed Ashraf expressed profound pride in witnessing the progress of the Hangor-class submarine project.

He hailed the collaborative efforts of the Ministry of Defence Production, Pakistan Navy, Karachi Shipyard, and China Shipbuilding & Offshore International Co. Ltd (M/s CSOC) for their dedication to constructing state-of-the-art submarines.

Admiral Ashraf reiterated that indigenisation remains a top priority for Naval Headquarters, evident in the construction of these submarines at KS&EW.

Daily Pakistan Global Web Desk

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 14 April forex rates

Pakistani currency remains unchanged against US dollar and other currencies in open market on April 14, 2024.

US Dollar rate in Pakistan

On Sunday, the US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 14 April 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 299.95 302.9
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.45
 
76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86
 
1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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