Mettis Global News
Mettis Global News

Karachi shipping sales Aframax Crude Oil Tanker: PNSC

PNSC proposed for privatization
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January 04, 2023 (MLN): Pakistan National Shipping Corporation’s (PNSC) wholly own subsidiary named Karachi Shipping Company Limited has sold its Aframax Crude Oil Tanker, M.T. Karachi, a notice issued by company to PSX on Wednesday showed.

The PNSC is engaged in the business of shipping, including charter of vessels, transportation of cargo and other related services and providing commercial, technical, administrative, financial and other services to its subsidiaries and third parties in relation to the business of shipping.

The Corporation is also engaged in renting out its properties to tenants under lease arrangements.

At the time of writing, the scrip of the company is being traded at Rs107, which is up by Rs1.42 (1.35% DoD).

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Posted on: 2023-01-04T09:30:56+05:00