Close

PNSC invites proposals from investors, operators to start ferry services


ISLAMABAD – National flag carrier Pakistan National Shipping Corporation (PNSC) has invited proposals from the investors and operators to start Ferry services in order to promote maritime tourism, coastal development and passenger-cum-cargo ferry service in the country. Well placed industry sources told The Nation that proposals from the investors and operators have been invited to run ferry services on either domestic or international routes or both. Sources said that PNSC efforts are part of the government of Prime Minister Imran Khan to tap the potential of country’s Blue Economy by promoting business opportunities in the areas of maritime sector.  On its part, PNSC has made significant progress in bulk and liquid cargo segments and had earned significant profit during the financial year 2020-21. Its turnover stood at Rs 9,633 million as compared to Rs 9,621 million for the previous year’s in three quarters. Revenue of the tanker segment, including foreign charters, grew by 7.12 percent from Rs 6,195 million to Rs 6,635 million. Slot chartering revenue increased by 19.64 percent from Rs 704 million to Rs 842 million. At present, PNSC fleet comprises of 11 vessels of various types/sizes (05 Bulk carriers, 04 Aframax tankers and 02 LR-1 Clean Product tankers) with a total deadweight capacity (cargo carrying capacity) of 831,711 metric tons, the highest ever carrying capacity since inception of the national flag carrier.



Leave a Reply

Your email address will not be published. Required fields are marked *

0 Comments
scroll to top