It is high time to set priorities for PNSC to contribute positively in National Economy. Had the only Nationalized Shipping Line PNSC be operating sound the trade could not be victimized by abusive dominance of foreign shipping lines, who from time to time keep on imposing Exorbitant charges.
Pakistan National Shipping Corporation (PNSC) started operating with 43 ships and declined to 11 ships as of now, the tonnage been operated today is same as that of tonnage been handled in 1979 with capacity of 43 ships, Chairman PNSC claims.
It may be mentioned here that PNCS is handling only 15 percent of the country's trade while remaining 85 percent business was at the mercy of foreign based shipping lines.
According to analysts the foreign shipping lines out of their limited resources earning great profits why not we may lead PNSC the same way? On generating employments other regional countries like India, Bangladesh & China are earning great amount of valuable foreign exchange thus we must focus this area.
The slump in international trade and worldwide economic crisis had badly affected induction of new ships in foreign shipping lines. Due to lack of business these companies were reluctant to get delivery of the vessels already manufactured and completed on their behalf in shipyards of various countries, while most of the companies had cancelled their orders.
According to informed sources there were about three hundred such brand new manufactured merchant ships laying idle in different Chinese shipyards. In this regard some of the Chinese manufacturers had already offered Pakistan to get benefited from this golden chance of buying new and latest technology ships at very low prices. But the rulers in Islamabad were seemed least interested to get advantage of the situation and strengthen the national merchant fleet, which was in very bad condition since last decade.
Vice Admiral Sikandar Viqar Naqvi, Chairman PNSC said in his visit to KCCI that in order to reap the benefits of low vessel costs PNSC has sent requisition for acquiring 10 new ships to be deployed into tanker trade and containerized cargo. Presently PNSC is having approx. 15% of market share however with arrival of new ships market share would be enhanced, he added.
The businessmen circles have voiced concern over Shipping & Logistics related problems of Trade community. According to them if we need to double our exports we have to lay down a business friendly shipping infrastructure. Trade community is having no alternative but to business with Cartelization of Foreign Shipping Lines. They stressed upon PNSC to devise smart working strategies and incentives to trade so that Cartelization of foreign shipping is eradicated. The business community believes on "Be Pakistani & buy Pakistani". It is suggested that likewise KPT and other institutions PNSC should also take onboard the business community so that positive suggestions could be imparted.
KCCI has demanded of having a Single Regulatory Authority over shipping lines, terminal operators and freight forwarders and pledged PNSC's support on it. The idea of taking onboard the voice of business community is widely endorsed and urged PNSC to give representation to KCCI in their board.
Pakistan National Shipping Corporation (PNSC) started operating with 43 ships and declined to 11 ships as of now, the tonnage been operated today is same as that of tonnage been handled in 1979 with capacity of 43 ships, Chairman PNSC claims.
It may be mentioned here that PNCS is handling only 15 percent of the country's trade while remaining 85 percent business was at the mercy of foreign based shipping lines.
According to analysts the foreign shipping lines out of their limited resources earning great profits why not we may lead PNSC the same way? On generating employments other regional countries like India, Bangladesh & China are earning great amount of valuable foreign exchange thus we must focus this area.
The slump in international trade and worldwide economic crisis had badly affected induction of new ships in foreign shipping lines. Due to lack of business these companies were reluctant to get delivery of the vessels already manufactured and completed on their behalf in shipyards of various countries, while most of the companies had cancelled their orders.
According to informed sources there were about three hundred such brand new manufactured merchant ships laying idle in different Chinese shipyards. In this regard some of the Chinese manufacturers had already offered Pakistan to get benefited from this golden chance of buying new and latest technology ships at very low prices. But the rulers in Islamabad were seemed least interested to get advantage of the situation and strengthen the national merchant fleet, which was in very bad condition since last decade.
Vice Admiral Sikandar Viqar Naqvi, Chairman PNSC said in his visit to KCCI that in order to reap the benefits of low vessel costs PNSC has sent requisition for acquiring 10 new ships to be deployed into tanker trade and containerized cargo. Presently PNSC is having approx. 15% of market share however with arrival of new ships market share would be enhanced, he added.
The businessmen circles have voiced concern over Shipping & Logistics related problems of Trade community. According to them if we need to double our exports we have to lay down a business friendly shipping infrastructure. Trade community is having no alternative but to business with Cartelization of Foreign Shipping Lines. They stressed upon PNSC to devise smart working strategies and incentives to trade so that Cartelization of foreign shipping is eradicated. The business community believes on "Be Pakistani & buy Pakistani". It is suggested that likewise KPT and other institutions PNSC should also take onboard the business community so that positive suggestions could be imparted.
KCCI has demanded of having a Single Regulatory Authority over shipping lines, terminal operators and freight forwarders and pledged PNSC's support on it. The idea of taking onboard the voice of business community is widely endorsed and urged PNSC to give representation to KCCI in their board.
