Pakistan National Shipping Corporation begins building a 1,100 TEU vessel at Karachi Shipyard, enhancing maritime infrastructure and trade capacity.
Construction of a 1,100 TEU container vessel for the Pakistan National Shipping Corporation (PNSC) has commenced at Karachi Shipyard and Engineering Works, reports Karachi's Dawn daily.
The steel-cutting ceremony was inaugurated by Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry, with senior officials from the ministry, PNSC, and the shipyard in attendance.
The minister described the project as a strategic milestone, stating that it reflects the government's commitment to revitalizing shipping and shipbuilding in line with national economic priorities.
He emphasized that the vessel, built with domestic resources and expertise, would strengthen maritime infrastructure and reduce reliance on foreign carriers.
Mr. Chaudhry added that the new ship would help conserve foreign exchange by cutting freight payments abroad and boost PNSC's capacity to support Pakistan's import-export trade.
Notably, nearly 95 percent of the country's trade volume is transported by sea, he noted, stressing that a strong maritime sector is vital for economic stability and growth.
