PNSC to expand fleet by 600pc
Source Xinhua, Dawn, Arab News, Anadolu and Minute Mirror
Pakistan aims to expand its state-owned shipping fleet by 600pc over the next three years, with a focus on energy-efficient and climate-smart vessels.
The initiative, led by Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry, seeks to reduce reliance on foreign vessels, cut sea freight costs, and align with global emission standards.
Due to limited financial capacity of Pakistan National Shipping Corporation (PNSC), a cost-sharing mechanism has been devised, with Karachi Port Trust (KPT) and Port Qasim Authority (PQA) pledging funding support.
Agreements were signed by KPT’s Abdullah Zaki, PQA Chairman Rear Admiral (retd) Syed Moazzam Ilyas, and PNSC CEO Syed Jarar Haider Kazmi.
The plan forms part of broader efforts to modernise maritime infrastructure, enhance trade connectivity, and support Pakistan’s climate goals under the prime minister’s directive.
Reference Link:- https://www.dawn.com/news/1927525
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
