PM orders PNSC fleet expansion

Chairing meeting regarding PNSC issues here, PM directs ships be acquired on lease to expand PNSC fleet

By Our Correspondent
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June 21, 2025
Prime Minister Shehbaz Sharif chairs a review meeting in Islamabad on June 19, 2025. — APP

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday directed relevant authorities to prepare a business plan for the Pakistan National Shipping Corporation (PNSC) within two weeks, including a strategy to save the national exchequer an annual $4 billion.

Chairing a high-level meeting regarding matters related to PNSC here, the Prime Minister directed that ships be acquired on lease to expand PNSC fleet.

“Due to a reduced number of ships in the PNSC fleet, the country has to spend approximately $4 billion annually from the national exchequer on maritime trade,” he said.