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Pakistan National Shipping Corporation

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Pakistan National Shipping Corporation
Company typePublic
PSX: PNSC
IndustryShipping and Vessel industry
GenreMegacorporation
Founded1971
Headquarters
Karachi
,
Pakistan
Key people
Rear Admiral Jawad Ahmed[1]
(Chairman, CEO)
ProductsCargo Ships, Tankers, Container ships, and Bulk carriers
Rs. 5.65 Billion[2]
(Profit after tax as of June 2022)
Websitewww.pnsc.com.pk Edit this on Wikidata
Ensign of Pakistan Merchant Navy

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, most recently having recorded its highest ever profit of PKR 5.6 billion under the chairmanship of Rizwan Ahmed.[2] 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.[3][4]

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.[5]

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.[6][7]

History

PNSC Building at night

The Pakistan Merchant Navy was formed after independence in 1947 when Pakistan inherited a fleet of four privately owned cargo ships. The Ministry of Maritime Affairs, Mercantile Marine Department and Government Shipping Office established by the Government of Pakistan were authorized to flag the ships and also ensured that the vessels were seaworthy.

In 1963, the National Shipping Ordinance was promulgated and National Shipping Corporation (NSC) was established which procured its first used ship, M.V. Rupsa in 1965. The national fleet comprised some 53 vessels which were owned by 10 private shipping companies. The national fleet grew to 71 vessels before the separation of East Pakistan and its emergence as Bangladesh in 1971 when the number declined to 57 vessels after the separation.

On 1 January 1974, President of Pakistan Zulfiqar Ali Bhutto nationalized National Shipping Corporation (NSC) and Pakistan Shipping Corporation (PSC) and other private shipping companies. Nine private shipping companies with a total of 26 ships were nationalized. The national fleet strength increased to 51 vessels including 26 ships under the management of nine nationalized companies and 25 ships with the state-owned NSC. In 1977, 14 ships were inducted in the Pakistan Shipping Corporation (PSC) during the Fifth Five-Year Plan. Two years later, NSC and PSC were merged to form the Pakistan National Shipping Corporation (PNSC) which still remains the sole state-owned shipping corporation.

Later other nationalized companies were also merged into a single company as the Pakistan National Shipping Corporation, incorporated under the provisions of the Pakistan National Shipping Corporation Ordinance of 1979 and the Companies Ordinance of 1984, respectively. The total fleet strength increased to 60 ships with the induction of 14 vessels in the late 1970s and early 1980s. PNSC enjoyed a complete monopoly till the early 1990s when the shipping sector was deregulated by the Nawaz Sharif government.

Pakistan National Shipping Corporation subsidiary companies

  • Bolan Shipping (Private) Limited
  • Chitral Shipping (Private) Limited
  • Hyderabad Shipping (Private) Limited
  • Khairpur Shipping (Private) Limited
  • Malakand Shipping (Private) Limited
  • Multan Shipping (Private) Limited
  • Sibi Shipping (Private) Limited
  • Karachi Shipping (Private) Limited
  • Lahore Shipping (Private) Limited
  • Quetta Shipping (Private) Limited
  • Shalamar Shipping (Private) Limited

Former company titles

PNSC Building seen from the Arabian Sea

Muhammadi Steamship Company Limited was incorporated on 12 May 1947.[8] In 1949, it became the first Pakistani shipping line to be publicly listed on the Karachi Stock Exchange.[9]

Muhammadi House on McLeod Road (now I. I. Chundrigar Road) was the headquarters of the company.[10]

The company was nationalized by the Government of Pakistan under then President Zulfikar Ali Bhutto. It was later merged with other Pakistani nationalized shipping companies to create the Pakistan National Shipping Corporation.

East & West Steamship Company was one of the oldest locally owned shipping line in Pakistan until it was nationalised in 1974. Its ship, SS Fatima was the first ship ever registered at the newly established Port of Registry at Karachi in August 1948.[11] It was owned by the Cowasjee family. The company was restructured as the 'East and West Steamship Co. Ltd.' in 1961

The National Shipping Corporation (NSC) was established under the National Shipping Corporation Ordinance, 1963, with a view to provide efficient shipping services. The corporation was managed by a Board of nine directors, out of which five including the chairman, the managing director and the Financial Director were appointed by the Central Government and remaining four were elected by the share holders from each Province. The authorized capital of the corporation was Rs. 250 million and the subscribed capital was to be Rs. 50 million. The share of Central Government in the capital was 25% and the balance of 75% was raised from the public in East and West Pakistan on the basis of parity.

In 1974 the Federal Government decided to take over the management and control of entire shipping in Pakistan, including NSC through promulgation of the Pakistan Maritime Shipping (Regulation and control) Ordinance, 1974 which later on became an Act. In September, 1976 the Federal Government established the Pakistan Shipping Corporation (PSC) under the Pakistan Shipping Corporation Act, 1976, to take charge of ten shipping companies and operate as a parallel corporation with the National Shipping Corporation (NSC).

Fleet

Muhammadi Steamship Company Limited

Ship Built Tonnage Builder In Service Fate Notes
Al Murtaza Ali 1942 7235 GRT West Coast Shipbuilders, Vancouver as 'Fort Norman' 1948 - 1954 Sold in 1954 to United Oriental Steamship Company, Karachi and renamed ANWARBAKSH
Husaini later Al Husaini 1943 7157 GRT North Vancouver Ship Repairers Ltd., North Vancouver as 'Fort Clatsop' 1948 - 1968 Broken up at Karachi in November 1968 Renamed in 1949
Ahmadi later Al Ahmadi 1920 5186 GRT Todd Dry Dock & Construction Company, Tacoma as 'Pallas' 1948 - 1954 Broken up at Karachi in 1954 Renamed in 1949
Al Hasan 1943 7165 GRT North Vancouver Ship Repairers Ltd., North Vancouver as 'Fort St. Antoine' 1949 - 1964 Broken up at Karachi in February 1964
Colima later Al Chisti 1917 1306 GRT Sodra Varfvets Nya A/B, Stockholm as 'Svealand' 1949 - 1954 Broken up at Karachi in 1954 Renamed in 1950
Al-Sayyada 1944 7165 GRT Victoria Machinery Depot Company, Victoria B.C. as 'Hastings Park' 1952 - 1967 Broken up at Karachi in November 1967 First ship to dry dock at Karachi Shipyard.[9][12]
Al Ahmadi 1940 5361 GRT Lithgows Ltd., Port Glasgow as 'Risaldar' 1958 - 1966 Broken up at Karachi in June 1966
Al-Abbas 1967 6087 GRT Karachi Shipyard 1967 - 1971 Sunk on 16 August 1971 in Operation Jackpot by the Mukti Bahini commandoes at Chittagong First merchant ship built at Karachi Shipyard.[9][12]

East & West Shipping Company

Ship Built In service for Company Type Tonnage Reference Fate Notes
SS Fatima 1942 1948 - 1956 Steel; cargo ship 671 GRT [13] Scrapped in March 1962 Built as H.M.I.S. 'Shillong' (naval trawler) by Burn & Co. Ltd., Calcutta, converted in 1948
SS Figura 1943 1948 - post 1959 Steel; cargo ship 482 GRT Built as H.M.I.S. 'Cuttack' (naval trawler) by Burn & Co. Ltd., Calcutta, converted in 1949
SS Firishta 1942 1948 - post 1959 Steel; cargo ship 467 GRT Built as H.M.I.S. 'Poona' (naval trawler) by Hooghly Dkg. & Engineering Co. Ltd., Calcutta, converted in 1948
SS Fritha 1942 1948 - post 1959 Steel; cargo ship 467 GRT Built as H.M.I.S. 'Agra' (naval trawler) by Hooghly Dkg. & Engineering Co. Ltd., Calcutta, converted in 1948
SS Forma 1941 1948 - post 1959 Steel; tug 471 GRT Built as H.M.I.S. 'Travancore' (naval trawler) by Garden Reach Workshop Ltd., Calcutta, converted in 1952
SS Fravarta 1942 1948 - post 1959 Steel; tug 445 GRT Built as H.M.I.S. 'Karachi' (naval trawler) by Alcock, Ashdwon & Co. Ltd., Bombay, converted in 1949
SS Firoza 1913 1947 - 1966 Steel; cargo ship 4279 GRT Broken up at Karachi in October 1966 Built as 'Falls City' by Ropner & Co. Ltd., Stockton-on-Tees
SS Firdausa 1923 1949 - 1963 Steel; cargo ship 7938 GRT Broken up at Karachi in April 1963 Built as 'London Importer' by Furness S.B. Company, Haverton Hill
SS Futura 1919 1951 - 1960 Steel; cargo ship 6869 GRT Broken up at Karachi in October 1960 Built as 'Crosskeys' by Skinner & Eddy, Seattle
SS Fausta 1922 1951 - 1963 Steel; cargo ship 5055 GRT Broken up at Karachi in October 1963 Built as 'Schwarzald' by Deutsche Werft, Tollerort
SS Fatakarda later Minocher Cowasjee 1920 1950 - 1957 Steel; cargo ship 6,640 GRT [14][15] Foundered in 1957 Reported 24/01/1957 in distress in position 24°18′00″N 66°00′00″E / 24.30000°N 66.00000°E / 24.30000; 66.00000, on passage Dairen for Cape Town and Antwerp Built as 'Parisiana' by Irvine's Shipbuilding & Drydocks & Co., West Hartlepool. Renamed from 'Fatakarda' to 'Minocher Cowasjee' in 1955.
SS Fakirjee Cowasjee 1925 1952 - 1967 Steel; cargo ship 5328 GRT Broken up at Karachi in June 1967 Built as 'Manchester Commerce' by Furness S.B. Company, Haverton Hill
SS Feronia 1940 1958 - 1970 Steel; cargo ship 5095 GRT Broken up at Karachi in September 1970 Built as 'Orient City' by Furness S.B. Company, Haverton Hill
MV Rustom 1953 1961 - 1974 Steel; passenger & cargo liner 9547 GRT Broken up at Gadani Beach in November 1980 Built as 'Santa Teresa' by Howaldtswerke, Hamburg
MV Ohrmazd 1968 1968 - 1974 Steel; passenger & cargo liner 11,046 GRT [16] Broken up at Gadani Beach, arrived 6 July 1994 Built by Burntisland Shipbuilding Company, Fife, Scotland

Pakistan National Shipping Corporation

Ship Built In service for the company Type Tonnage Reference Fate Notes
MT Shalamar 2006 2015–Present Aframax Oil Tanker 55894 GT [17] Currently in use Built by Sumitomo Heavy Industries, Japan
MV Islamabad 1983 1983–2013 Multi-Purpose General Cargo 12395 GT [18] Scrapped in 2013 Built at Karachi Shipyard, Pakistan.
MT Quetta 2003 2008–Present Aframax Oil Tanker 58118 GT [19][20] Currently in use Built by Imabari Shipbuilding Co. Ltd, Japan.
MT Lahore 2003 2010–Present Aframax Oil Tanker 58157 GT [21][22] Currently in use Built by Imabari Shipbuilding Co. Ltd, Japan
MT Karachi 2003 2010–Present Aframax Oil Tanker 58127 GT [23] Currently in use Built by Imabari Shipbuilding Co. Ltd, Japan
MV Kaghan 1986 2006–Present Bulk Carrier 36098 GT [24][25] Currently in use Built by Namura Ship Building Co., Japan
MV Chitral 2003 2010–Present Handymax Bulk Carrier 26395 GT [26][27] Currently in use Built by Oshima Shipbuilding Co. Ltd, Japan
MV Malakand 2004 2010–Present Panamax Bulk Carrier 40040 GT [28][29] Currently in use Built by Sasebo Heavy Industry Co. Ltd, Sasebo, Japan
MV Hyderabad 2004 2011–Present Supramax Bulk Carrier 29364 GT [30][31] Currently in use Built in Oshima Shipyard, Nagasaki, Japan
MV Sibi 2009 2011–Present Handysize Bulk Carrier 17018 GT [32][33] Currently in use Built by Imabari Shipbuilding Co. Ltd, Marugame, Japan
MV Multan 2002 2012–Present Supramax Bulk Carrier 27986 GT [34][35] Currently in use Built by Mitsui Engineering & Ship Building Co. Ltd. TAMANO Works, Japan
MV Bolan 1980 1980-2010 Multipurpose General Cargo 12395 GT [36] Scrapped in 2010 Built by Kawasaki Kobe Japan
MV Khairpur 1981 1981-2011 Multipurpose General Cargo 13402 GT [36][37] Scrapped in 2011 Built by Gdańsk Shipyard

Gdańsk, Poland

MV Nawabshah 1981 1981-1985 Multipurpose General Cargo 13402 GT [36][37] Sank in Malaka straight after hitting rock PU Rondo at 11:02 (LT) on 23-08-1985 Built by Gdańsk Shipyard

Gdańsk, Poland

MV Sargodha 1980 1980-2012 Multipurpose General Cargo 12395 GT [36] Scrapped in 2012 Built by Oshima Shipbuilding Saikai, Japan
MV Makran 1979 1979-2009 Multipurpose General Cargo 16199 GT [36][38] Scrapped in 2009 Built by Nakskov Skibsvaerft Nakskov, Denmark
MV Chitral 1980 1980-2009 Multipurpose General Cargo 12395 GT [36][39] Scrapped in 2009 Built by Kawasaki Heavy Industries Kobe, Japan. Not to be confused with MV Chitral Bulk Carrier
MV Hyderabad 1980 1980-2009 Multipurpose General Cargo 12395 GT [36][40][41] Sold to M/S Blue Seas Marine Mitsui Tamano Engineering & Shipbuilding Tamano, Japan. Not to be confused with MV Hyderabad Bulk Carrier
MV Malakand 1980 1980-2009 Multipurpose General Cargo 18224 GT [36][42] Sold to M/S Blue Seas Marine Ihi Marine United Tokyo, Japan. Not to be confused with MV Malakand Bulk Carrier
MV Sibi 1981 1986-2009 Multipurpose General Cargo 13402 GT [36][43] Sold to M/S Blue Seas Marine Built in Gdańsk Shipyard Poland
MV Kaghan 1981 1981-2004 Multipurpose General Cargo 10246 GT [36] Sold to Cheer Glory Traders China Built in Bremen. Not to be confused with MV Kaghan Bulk Carrier.
MV Multan 1980 1980-2012 Multipurpose General Cargo 12395 GT [36] Scrapped in 2012 Built in Japan.
MV Murree 1981 1981-1989 Multipurpose General Cargo, 11940 GT [44] Sank at 49°57′30″N 3°14′5″W / 49.95833°N 3.23472°W / 49.95833; -3.23472, near by cities Plymouth, Bournemouth, Cardiff in strong typhoon, 1989. All crew rescued by Royal Air force Built by A&P Group, Sunderland, United Kingdom.
MT Johar 1985 2003-2009 Oil Tanker 49688 GT [36] Sold to Cheer Glory Traders, China Built by Navantia Carenas Ferrol, Spain
MT Lalazar 1984 2005-2009 Oil Tanker 49688 GT [36] Scrapped in 2009 Built by Fincanteri Monfalcone Trieste, Italy.
MT Sawat 1985 2003-2010 Oil Tanker 49601 GT [36] Scrapped in 2010 Built by Fincanteri Monfalcone Trieste, Italy.
MT Shalamar 1981 2003-2007 Oil Tanker 54474 GT [36] Scrapped in 2007 Built in Sanoyas Mizushima Works & Shipyard Kurashiki, Japan

Merchant Navy Rank Insignia of Deck Officers and Engineer Officers

  • Shoulder rank insignia of a Deck Cadet or Engine Cadet
    Shoulder rank insignia of a Deck Cadet or Engine Cadet
  • Shoulder rank insignia of Petty Officer or Junior Engineer
    Shoulder rank insignia of Petty Officer or Junior Engineer
  • Shoulder rank insignia of 3rd Officer or 4th Engineer
    Shoulder rank insignia of 3rd Officer or 4th Engineer
  • Shoulder rank insignia of 2nd Officer or 3rd Engineer
    Shoulder rank insignia of 2nd Officer or 3rd Engineer
  • Shoulder rank insignia of a Chief Officer or 2nd Engineer
    Shoulder rank insignia of a Chief Officer or 2nd Engineer
  • Shoulder rank insignia of a Captain or Chief Engineer
    Shoulder rank insignia of a Captain or Chief Engineer

See also

References

  1. ^ "Pakistan National Shipping Corporation > About Us > About Us > Chairmen History". pnsc.com.pk.
  2. ^ a b "PNSC achieves highest annual profit in history". Brecorder. September 14, 2022.
  3. ^ "PNSC Group achieves highest Q1 profit". 30 October 2020.
  4. ^ "PNSC announces acquisition of M.T Mardan, M.T Sargodha". 6 August 2022.
  5. ^ "Pakistan adds two more oil tankers to PNSC fleet". Arab News. April 25, 2019.
  6. ^ "PNSC to be given priority in oil and LNG transportation". The Express Tribune. June 29, 2019.
  7. ^ Malik, Maqbool (July 1, 2021). "PNSC invites proposals from investors, operators to start ferry services". nation.com.pk.
  8. ^ Malik, Iftikhar Ahmed, "History of Pakistan Merchant Navy 1947- 2009" Karachi 2010 (privately published) pg 5
  9. ^ a b c Malik, Iftikhar Ahmed, History of Pakistan Merchant Navy 1947- 2009 Karachi 2010 (privately published) pg 6
  10. ^ Malik, Iftikhar Ahmed, History of Pakistan Merchant Navy 1947- 2009 Karachi 2010 (privately published) pg 7
  11. ^ Malik, Iftikhar Ahmed, History of Pakistan Merchant Navy 1947- 2009 Karachi 2010 (privately published) pg 12
  12. ^ a b Malik, Iftikhar Ahmed, "History of Pakistan Merchant Navy 1947- 2009" Karachi 2010 (privately published) pg 8
  13. ^ || Broken up in March 1962 Malik, Iftikhar Ahmed, History of Pakistan Merchant Navy 1947- 2009 Karachi 2010 (privately published) pg 15
  14. ^ Allen, Tony (2010-04-11). "SS Minocher Cowasjee (+1957)". The Wreck Site. Retrieved 2011-06-16.
  15. ^ Malik, Iftikhar Ahmed, History of Pakistan Merchant Navy 1947- 2009 Karachi 2010 (privately published) pg 14
  16. ^ "Burntisland Shipyard - the Ohrmazd". Burntisland.net. Archived from the original on 2016-03-16. Retrieved 2016-06-21.
  17. ^ "Pakistan National Shipping Corporation > Our Fleet > Tankers > Shalamar". Pnsc.com.pk. Archived from the original on 2016-06-11. Retrieved 2016-06-21.
  18. ^ [1][dead link‍]
  19. ^ "Pakistan National Shipping Corporation > Our Fleet > Tankers > Quetta". Pnsc.com.pk. Archived from the original on 2016-06-05. Retrieved 2016-06-21.
  20. ^ "No Longer Here". OneSource.com. Retrieved 2016-06-21.
  21. ^ "Pakistan National Shipping Corporation > Our Fleet > Tankers > Lahore". Pnsc.com.pk. Archived from the original on 2016-06-09. Retrieved 2016-06-21.
  22. ^ "Marine Information Services (MIS) - PNSC - Acquisition of M.T. "LAHORE"". Mis.gr. 2010-02-25. Archived from the original on 2016-09-19. Retrieved 2016-06-21.
  23. ^ "Pakistan National Shipping Corporation > Our Fleet > Tankers > Karachi". Pnsc.com.pk. Archived from the original on 2016-06-11. Retrieved 2016-06-21.
  24. ^ "Pakistan National Shipping Corporation > Our Fleet > Bulk Carriers > Kaghan". Archived from the original on March 7, 2013. Retrieved March 1, 2013.
  25. ^ "PNSC - Pakistan National Shipping Corporation". Pakinvestorsguide. Archived from the original on 2016-08-12. Retrieved 2016-06-21.
  26. ^ "Pakistan National Shipping Corporation > Our Fleet > Bulk Carriers > Chitral". Pnsc.com.pk. Archived from the original on 2016-06-01. Retrieved 2016-06-21.
  27. ^ "SUFFA PROJECT: PNSC First Handymax Bulk Carrier " MV CHITRAL "". Alsuffa.blogspot.com. 2011-01-23. Archived from the original on 2016-03-04. Retrieved 2016-06-21.
  28. ^ "Pakistan National Shipping Corporation > Our Fleet > Bulk Carriers > Malakand". Pnsc.com.pk. Archived from the original on 2016-06-11. Retrieved 2016-06-21.
  29. ^ "Daily Times". Daily Times. Archived from the original on January 27, 2010.
  30. ^ "Pakistan National Shipping Corporation > Our Fleet > Bulk Carriers > Hyderabad". Pnsc.com.pk. Archived from the original on 2016-06-01. Retrieved 2016-06-21.
  31. ^ "PNSC acquires Supramax bulk carrier - Newspaper". Dawn.com. 2011-04-22. Retrieved 2016-06-21.
  32. ^ "Pakistan National Shipping Corporation > Our Fleet > Bulk Carriers > Sibi". Pnsc.com.pk. Archived from the original on 2016-06-11. Retrieved 2016-06-21.
  33. ^ "PNSC buys bulk carrier - Newspaper". Dawn.Com. 2011-05-18. Retrieved 2016-06-21.
  34. ^ "Pakistan National Shipping Corporation > Our Fleet > Bulk Carriers > Sibi". Pnsc.com.pk. Archived from the original on 2016-07-02. Retrieved 2016-06-21.
  35. ^ "Pakistan National Shipping Corporation > News and Events > Sibi". Pnsc.com.pk. 2012-09-26. Archived from the original on 2013-07-27. Retrieved 2016-06-21.
  36. ^ a b c d e f g h i j k l m n o "Pakistan National Shipping Corporation". Archived from the original on March 16, 2010. Retrieved March 1, 2013.
  37. ^ a b "Archived copy". Archived from the original on February 10, 2015. Retrieved March 1, 2013.{{cite web}}: CS1 maint: archived copy as title (link)
  38. ^ "Makran - IMO 7602235 - Callsign AQOJ - ShipSpotting.com - Ship Photos and Ship Tracker". ShipSpotting.com. 2006-11-20. Archived from the original on 2016-08-09. Retrieved 2016-06-21.
  39. ^ "CHITRAL - IMO 7822110 - Callsign AQON - ShipSpotting.com - Ship Photos and Ship Tracker". ShipSpotting.com. 1990-07-22. Archived from the original on 2016-08-09. Retrieved 2016-06-21.
  40. ^ "HYDERABAD - IMO 7822081 - Callsign AQOO - ShipSpotting.com - Ship Photos and Ship Tracker". ShipSpotting.com. 2008-07-07. Archived from the original on 2016-08-09. Retrieved 2016-06-21.
  41. ^ "Latest News Breaking Pakistan, World, Live Videos". Geo.tv. Archived from the original on 2009-12-26. Retrieved 2016-06-21.
  42. ^ "Malakand - IMO 7822005 - Callsign AQOL - ShipSpotting.com - Ship Photos and Ship Tracker". ShipSpotting.com. 2008-08-31. Archived from the original on 2016-08-09. Retrieved 2016-06-21.
  43. ^ "Pakistan National Shipping Corporation". Pnsc.com.pk. Archived from the original on 2016-08-09. Retrieved 2016-06-21.
  44. ^ "MV Murree (Wreck)". Wikimapia.org. 1989-10-28. Archived from the original on 2016-06-30. Retrieved 2016-06-21.
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