Pakistan National Shipping Corporation information
Government owned company
Pakistan National Shipping Corporation
PNSC Headquarters in Karachi
Company type
Public
Traded as
PSX: PNSC
Industry
Shipping and Vessel industry
Genre
Megacorporation
Predecessor
East & West Steamship Company Muhammadi Steamship Company Limited National Shipping Corporation
Founded
1971; 53 years ago (1971)
Headquarters
Karachi-74000
,
Pakistan
Key people
[1] (Chairman, CEO)
Products
Cargo Ships, Tankers, Container ships, and Bulk carriers
Net income
Rs. 30 Billion[2] (Profit after tax as of June 2022)
Website
www.pnsc.com.pk
Ensign of Pakistan Merchant Navy
The Pakistan National Shipping Corporation (PNSC) is a Pakistani national flag carrier headquartered in Karachi.[3] The corporation is principally engaged in the business of shipping, including charter of vessels, transportation of cargo and providing commercial, technical, administrative, financial and other services to its subsidiaries and third parties.[4][5]
The Chairman of PNSC is appointed by the Prime Minister of Pakistan and is usually a high-ranking civil servant or naval admiral. Officers who have served as Chairman PNSC include Pakistan Administrative Service bureaucrats Rizwan Ahmed and Shakeel Ahmed Mangnejo, Admiral Tauqir Hussain Naqvi, Admiral Yastur-ul-Haq Malik, Admiral Saeed Mohammad Khan and Admiral Mansurul Haq.[6][7]
PNSC, headquartered in Karachi, is under the administrative control of the Federal Ministry of Maritime Affairs. A regional office based in Lahore caters to upcountry shipping requirements. The corporation also has an extensive overseas network of agents looking after its worldwide shipping business. The Pakistan Merchant Navy is the fleet of state-owned merchant vessels flying the flag of Pakistan National Shipping Corporation.[8][9]
^"Pakistan National Shipping Corporation > About Us > About Us > Chairmen History". pnsc.com.pk.
^Report, Recorder (28 September 2023). "PNSC achieves record Rs30bn PAT". Brecorder.
^"PNSC achieves highest annual profit in history". Brecorder. 14 September 2022.
^"PNSC Group achieves highest Q1 profit". 30 October 2020.
^"PNSC announces acquisition of M.T Mardan, M.T Sargodha". 6 August 2022.
^"Pakistan adds two more oil tankers to PNSC fleet". Arab News. 25 April 2019.
^"Mangnejo to become PNSC board chairman?". 2 June 2020.
^"PNSC to be given priority in oil and LNG transportation". The Express Tribune. 29 June 2019.
^Malik, Maqbool (1 July 2021). "PNSC invites proposals from investors, operators to start ferry services". nation.com.pk.
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