Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

PNSC to increase fleet

PNSC to increase fleet

Karachi: The Pakistan National Shipping Corporation (PNSC) has announced that three of its subsidiaries are to spend $150m on the purchase of two Aframax oil tankers and a Panamax bulk carrier, local newspaper Daily Times reported. Although parent company PNSC is state owned, Karachi Shipping, Quetta Shipping and Lahore Shipping will buy the vessels with a loan from Netherlands-based bank ABN AMRO, that has not been guaranteed by the government. The new Aframax tankers will be the first vessels on the Pakistan fleet to comply with new IMO regulations requiring all tankers to have double hulls.  [30/01/07]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.