Pakistan National Shipping Corporation (PNSC) has bought two new oil tankers that will arrive in the last week of January.
Pakistan National Shipping Corporation (PNSC) has bought two new oil tankers that will arrive in the last week of January. Both the oil tankers have been bought from a Greek company and their year of making is 2003, while they are going to be named as Lahore and Karachi, but it is not yet confirmed which tanker would arrive first.
Sources informed that the teams of the corporation are waiting for their visas and are ready to go for the official signing of the papers, which would hardly take one week.
The sources also informed that both the oil tankers are ready and due to arrive in the last week of this month, and an inspection team had cleared the tankers in its visit some months back.
The corporation after the induction of these two oil tankers will have a total of five tankers namely Sawat, Johar, Quetta, Lahore and Karachi, while the total strength of the PNSC would be 11 ships.
The PNSC is also to buy 5 more vessels this year and the only hindrance in the plan is the current volatile situation of the country, however, the financial help in this regard is also sought by the corporation, sources informed.
The sources said that the financial position of the corporation would become weaker after this current buying of the oil tankers and it is more likely that the PNSC would ask the Government and private banks for financial aid to buy the other 5 ships. Chairman PNSC Brigadier Rashid Siddiqui, when contacted, confirmed the news and hoped for the growth of the fleet of the corporation as five more ships are to be bought this year.
?I have devised a policy through which five more ships of 5 to 8 years age are to be bought in the coming months, and we are seeking funds in this regard both from public and private sector,? he said.