Company type | Public |
---|---|
PSX: PNSC | |
Industry | Shipping and Vessel industry |
Genre | Megacorporation |
Predecessor | Chittagong Steamship Corporation Crescent Shipping East & West Steamship Company Gulf Shipping Corp Ltd Muhammadi Steamship Company Limited National Shipping Corporation Pakistan Shipping Pan Islamic Shipping Trans-Oceanic Steamship Company United Oriental Steamship Company |
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 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]