PAKISTAN NATIONAL

SHIPPING CORPORATION

Sky is the limit

Pakistan National Ship-p i n g C o r p o r a t i on

(PNSC), is a National Flag carrier enjoys a

global presence in the shipping world with a

fleet of nine (09) ships.

It undertakes business operations in an internationally competitive environ-

ment, competes even for transportation of national im-ports and exports and earns most needed foreign ex-

change for Pakistan. PNSC fleet is a mix of double hull Aframax tankers, Panamax, Supramax, Handymax

and Handysize bulk carriers, all of modern vintage, having a total deadweight carrying capacity of 681,806 metric tons. PNSC transports all types of dry and liq-

uid bulk cargoes on several geographical routes cover-ing almost entire world.

Monthly News Letter May - 2016

Fleet Maritime Operations.

Real Estate Management of

Three Commercial Buildings.

Maritime Workshop (Repair

& Maintenance of Ships)

During the month of May 2016, PNSC lifted

1,018,167 metric tons liquid and 174,642.97

metric tons Break Bulk/Bulk cargoes. PNSC

also provided Slot/NVOCC services and

transported 275 TEUS during the month. All

the five Dry bulk carriers remained fully

employed on trip /voyage / time charter

worldwide.

Provisional revenue generation for the

month of May 2016 was PKR 710.610

million through freight on lifting of Liquid

Cargo, and PKR 269.364 million against

freight on lifting of Dry Cargo. In total

monthly revenue of PNSC was PKR

979.975 million approx.

MEETINGS OF CHAIRMAN

PNSC

Chairman PNSC invited in Steel Cutting Ceremony by MD

Shipyard Chief Guest in presence of Mr. Ahsan Iqbal, Deputy

Chairman Planning Commission.

Chairman PNSC attended 1st International Maritime

Academies ceremony arranged by PMA.

Chairman PNSC presenting souvenir to Mr. Muhammad

Ali Shah Bokhari, Dy Auditor General (CA&E).

Chairman PNSC presenting souvenir to Mr. Shafqat

Ahmed, CEO Bank Albarka.

Owing to rising temperature in Karachi, the Federal Minister for Ports & Shipping, Sena-

tor Kamran Michael in presence of Chairman PNSC, Mr. Arif Elahi, Executive Director

(Admin) Brig. Rashid Siddique and other officials of PNSC inaugurated the free mineral

water facility for employees of PNSC building to avoid heatstroke.

MINERAL WATER FACILITY AT PNSC BUILDING

Vision is the art of seeing things invisible

Trade Area East / Trade Area West

Muzaffar Ahmad

Head of Trade Area East / West

Telephone Direct + 92 21-99204054

Mobile +92-300-2532457

E-mail: muzaffar@pnsc.com.pk

Bulk Carriers

Capt Mustafa Kizilbash

Actg. Manager (Chartering)

Phone: +92-21-99204014, +92-3018230769

Fax: +92+21-99203974 & 35636658

Email:mustafa.kizilbash@pnsc.com.pk

The expanded and better-equipped port of Gwadar in Pakistan, which forms an important part of the China-

Pakistan Economic Corridor, will be operating fully by the end of this year. The new port's cranes are almost

ready and the water desalination plant is in place. This assurance was given by the head of the Chinese company

Zhang Baozhong, Chairman of China Overseas Ports Holding Co, at a conference in Beijing to promote business

opportunities at the port that runs the strategic facility. It is expected that traffic reach 1 million tons by the end of

this year and a significant increase in the following years.

The China-Pakistan Economic Corridor, integrated in President Xi Jinping's plan to build the Silk Road Economic

Belt, will link Gwadar with Kashgar in the Xinjiang Uygur autonomous region. Zhang's company also runs a free

trade zone near the port, which will be upgraded gradually to allow ships with a capacity of 70,000 tons to dock.

More than $1 billion worth of projects will be developed at the port by the end of next year. About 2,000 Chinese

businesses - big and small - visited the free trade zone in 2015 to seek business opportunities. The zone will adopt

the format used by Chinese economic zones. (Reported in Business Recorder, 15th May 2016).

The Karachi Port Trust (KPT) has decided to build a 10-kilometre-long Elevated Express-way at a cost of around

Rs.45 billion to connect the main port with the Pakistan Deep Water Container Port (PDWCP). The KPT has been

working on various options to provide connectivity to the country’s biggest container terminal having a designed

draft of 18 metres and current depth of 16 metres which can accommodate mother ships having a loaded capacity

of up to 18,000 TEUs (Twenty Feet Equivalent Unit). Since the deep water container terminal is located at the

Keamari Groyne area and has no direct connectivity to allow free movement of heavy vehicular traffic in and out

of the port area, the KPT has been working on different options for a long time. The KPT, besides working on har-

bour crossing bridge at an estimated cost of over Rs.100 bn which requires longer completion period, is also

working on the Elevated Expressway from Keamari to Gul Bai while touching the East and West wharves and the

ICI Bridge. Though the port authorities were seeking financing arrangements from the World Bank, but the proce-

dure for hiring consultants, design structure and selection of contractor is time consuming. Hence the KPT thought

of starting the mega project on self-financing basis for quick and fast operations. (Reported in Daily Dawn,

14th May 2016).

Ports & Shipping News

KPT to build Elevated Expressway to connect deep water port

Expanded Pakistani port set to boost links to China

Tankers

Capt. Babur Shafiq

Actng. Manager (Tanker)

Mobile: +92 0300 - 8210119

Direct Office: +92 21-99204040

E-mail: babur.shafique@pnsc.com.pk