Auction of Marine Mechanical Electronics and General-Use Scrap Material at PMSS Indus Karachi

This auction notice from the Pakistan Maritime Security Agency in Karachi invites bidders to participate in the sale of scrap material comprising marine mechanical electronics and other general-use items. The auction will be held at the PMSS Indus premises located at Plot No. 34-A, Dockyard Road, Karachi, on 12 March 2026 at 10:30 AM. The auctioned items include various marine mechanical and electronic machinery components, which are offered on an 'as is, where is' basis. Interested parties can inspect the materials on 9 and 10 March 2026 during office hours from 09:00 AM to 01:00 PM at the same location. Bidders must quote prices for the entire quantity or separate lots, pay a Rs. 1,000 fee per person on the auction day, and bring their original CNIC. The successful bidder is required to pay 25% of the bid amount immediately, with the balance due within five days. Failure to pay the initial 25% will result in forfeiture. Participants should ensure compliance with all applicable government tax rules and be prepared to lift the material within seven days of full payment. The auction is conducted under PPRA Rule 33 (2004), and the Director General reserves the right to reject any bid or cancel the process. This opportunity is ideal for businesses specializing in marine electronics recycling or scrap trading. Bidders should note the submission deadline and auction timing on 12 March 2026 at 10:30 AM. The physical address for submission and inspection is Plot No. 34-A, Dockyard Road, Karachi. For further details, contact the Pakistan Maritime Security Agency at 021-99214961 or 021-48505424. Pro-Tip: Make sure to attend the inspection days to verify the condition and quantity of scrap material, as the auction is strictly on an 'as is' basis and no claims will be entertained post-auction.