Tue, 21-Oct-2025

PM instructs to increase PNS fleet, aims to save $4bn annually

PM instructs to increase PNS fleet, aims to save $4bn annually

Islamabad: Prime Minister Shehbaz Sharif  directed the relevant authorities to prepare a business plan for Pakistan National Shipping Corporation (PNSC). Chairing a high-level meeting regarding matters related to PNSC here, the prime minister directed to acquire ships on lease to expand the PNSC fleet. Prime Minister emphasized that approximately $400 million in valuable foreign exchange … Read more

NA Committee on Maritime Affairs reviews operations of PNSC, PQA

NA Committee

KARACHI: The National Assembly’s (NA) Standing Committee on Maritime Affairs convened separate meetings at the Pakistan National Shipping Corporation (PNSC) building on Friday to discuss matters related to PNSC and Port Qasim Authority (PQA). The meeting, chaired by Committee Chairman and MNA Abdul Qadir Patel, was attended by all members, including Minister for Maritime Affairs … Read more

PNSC invites bids to procure three used Aframax tanker vessels

PNSC

KARACHI: The Pakistan National Shipping Corporation (PNSC) will procure three second-hand Aframax tanker vessels, while offers had already been sought from shipbrokers enlisted with Baltic Exchange, an official said. An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 tonnes. The term is based on the Average Freight Rate Assessment, a … Read more