PNSC, PSO accord to buy Oil shipping vessels.

[SHAMK9]

The Pakistan National Shipping Corporation (PNSC) and Pakistan State Oil (PSO) plan to jointly purchase specialised vessels to handle white oil in future to save around $ 25 million in freight per annum being paid by the PSO for haulage of around six million tons of POL products.

Pakistan State Oil (PSO) has announced that it will start importing motor gasoline (petrol) through vessels of the Pakistan National Shipping Corporation (PNSC) from March next year, a step that will lead to savings of millions of dollars annually.

“This has been done in light of directives given by the Economic Coordination Committee (ECC), which states that all government organisations should designate the national shipping line, PNSC, as their shipping partner of choice,” PSO said in a statement issued on Thursday.
Being the nation’s leading public sector organisation, PSO said it had always strictly implemented decisions of the government. It is the first national company to start bringing imported petroleum products through PNSC.


Recently, the oil marketing giant signed a Contract of Affreightment with PNSC for shipment of furnace oil from foreign ports to Pakistan’s shores.


From March 2013, PSO will start importing motor gasoline through PNSC on free-on-board (fob) basis. This is expected to save another $10 million annually and $50 million in the next five years.
PSO said its partnership with PNSC would result in total savings of approximately $175 million over a period of five years. “This partnership between two national companies will not only save foreign exchange, but will also help create employment opportunities in the oil shipping business,” it added.

 

[farhan_9909]

the above oil shipping vessel is manufactured by KSEW in 1983

Good for shipping industry and Good for KSEW as well

 

[Xracer]

Hmmm nice Move.Good for shipping industry

 

[Nishan_101]

The Pakistan National Shipping Corporation (PNSC) and Pakistan State Oil (PSO) plan to jointly purchase specialised vessels to handle white oil in future to save around $ 25 million in freight per annum being paid by the PSO for haulage of around six million tons of POL products.

Pakistan State Oil (PSO) has announced that it will start importing motor gasoline (petrol) through vessels of the Pakistan National Shipping Corporation (PNSC) from March next year, a step that will lead to savings of millions of dollars annually.

“This has been done in light of directives given by the Economic Coordination Committee (ECC), which states that all government organisations should designate the national shipping line, PNSC, as their shipping partner of choice,” PSO said in a statement issued on Thursday.
Being the nation’s leading public sector organisation, PSO said it had always strictly implemented decisions of the government. It is the first national company to start bringing imported petroleum products through PNSC.


Recently, the oil marketing giant signed a Contract of Affreightment with PNSC for shipment of furnace oil from foreign ports to Pakistan’s shores.


From March 2013, PSO will start importing motor gasoline through PNSC on free-on-board (fob) basis. This is expected to save another $10 million annually and $50 million in the next five years.
PSO said its partnership with PNSC would result in total savings of approximately $175 million over a period of five years. “This partnership between two national companies will not only save foreign exchange, but will also help create employment opportunities in the oil shipping business,” it added.

Can KS&EWs being able to build such a ship??? I hope that PNSC and PSO will soon do more and more and even will move to buy some 3 LNG Tankers as well and build about 11++ facilities in Sindh, Punjab KPK and Balochistan for gas storage and buy it from Qatar...

 

[Narkumar]

the above oil shipping vessel is manufactured by KSEW in 1983

Good for shipping industry and Good for KSEW as well

The Picture given above in the Poster's Message is of the ship MALAKAND.
It was built by SASEBO HEAVY INDUSTRY CO. LTD, SASEBO, JAPAN, 2004

The only ship built, at present in the PNSC Fleet built in 1983, by KSEW is the M. V. ISLAMABAD.

Please check on the PNSC Web Site for its Picture.

Cheers

 

[farhan_9909]

The Picture given above in the Poster's Message is of the ship MALAKAND.
It was built by SASEBO HEAVY INDUSTRY CO. LTD, SASEBO, JAPAN, 2004

The only ship built, at present in the PNSC Fleet built in 1983, by KSEW is the M. V. ISLAMABAD.

Please check on the PNSC Web Site for its Picture.

Cheers

Islamabad is written on the above ship

The Shipping Industry

read this and yes Islamabad mv is not the only ship constructed by KSEW but many more

 

[Narkumar]

Islamabad is written on the above ship

The Shipping Industry

read this and yes Islamabad mv is not the only ship constructed by KSEW but many more

The Article written by Mr. Syed M. Aslam is from a magazine dated August 30 - Sep 05, 1999

Today is January 15, 2013 i.e. Over Thirteen Years have passed since this article was written. It was correct at the time of printing.

My statement is The only ship, at present in the PNSC Fleet, built in 1983, by KSEW is the M. V. ISLAMABAD.

The other 14 Ships in Mr. Aslam’s Article must have been Scrapped or Sold.

In the ship from the quoted Article – at the back of the ship – is written “Malakand” and below the name of the ship is the Port of Registry i.e. Karachi.

Please Google for the Pakistan National Shipping Corporation and visit the PNSC Web Site.

Click on the Tab FLEET and check all the Ships (1) Combies (2) Tankers (3) Bulk Crriers

Have a Nice Day.