With the annual shipping bill for imports and exports touching about US$4-5 billion, the field is open for private ship owners to enter this field considering that PNSC
caters to <10% of the said shipping bill.
Earlier in March, the PNSC
had acquired LR-1 tanker vessel, Bolan and subsequently in April purchased another tanker vessel, Khairpur.
State-run oil and gas companies will give priority to PNSC
in transporting oil and liquefied natural gas (LNG), as per the government's recent decision.
The purchase of that oil-carrying vessel by the PNSC
would help meet the spiraling shipment demand of oil products in the country because of the rising consumption and imports of MOGAS or petrol.
In a tweet, the minister had said:' It gives me great pleasure to inform the Pakistani nation that PNSC
has added to its fleet a MoGas Carrier LR-1 vessel on March 25, 2019.
According to the official sources, PNSC
locked in the price at $30 million when the market was slow some months ago, however, due to the uptick in the market the current price of the same vessel is now $31 million in the international market.
Chairman Rizwan Ahmed stated that PNSC
fully supports the initiative taken by the Chief Justice, which is for a national cause of immense importance.
alongwith directors, welcomed The Federal Minister Maritime Affairs when he arrived at the PNSC
The case for revoking the Contract of Affreightment between PSO and PNSC
was tabled before the Economic Coordination Committee (ECC), chaired by Prime Minister Shahid Khaqan Abbasi, on Thursday, reports The Express Tribune.
Then, the SINR and BER comparisons with the phase noise compensation (PHNC) and phase noise self-cancellation (PHNSC) scheme are illustrated in the AWGN and PDL channels to demonstrate that the OP- PNSC
(PPC-OP-PNSC) scheme achieves a better phase noise cancellation performance under the same channel conditions.
The current scenario is that PNSC
is the only national flag carrier with 9 ship's with total deadweight capacity of 610, 167 tons, has lifted 10.3 mill tons of cargo which is approximately 16.3% of the total country's seaborne trade.
This is time we have an honor to have some words with the Chairman PNSC