Pakistan National Shipping Corporation
Government owned company / From Wikipedia, the free encyclopedia
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The Pakistan National Shipping Corporation (PNSC) is a Pakistani national flag carrier and is one of Government of Pakistan's most profitable state-owned entities, having recorded its highest ever profit under the chairmanship of Rizwan Ahmed of PKR 30 billion.[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]
Company type | Public |
---|---|
PSX: PNSC | |
Industry | Shipping and Vessel industry |
Genre | Megacorporation |
Founded | 1971 |
Headquarters | Karachi-74000 , |
Key people | [1] (Chairman, CEO) |
Products | Cargo Ships, Tankers, Container ships, and Bulk carriers |
Rs. 30 Billion[2] (Profit after tax as of June 2022) | |
Website | www |
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]