The government has finalized a plan to expand the Pakistan National Shipping Corporation (PNSC) and include the National Logistics Cell (NLC) in shipping operations. This initiative aims to reduce Pakistan’s dependence on foreign vessels and save approximately $6 billion annually in freight costs.
Under the plan, PNSC’s fleet will grow from 10 to 54 vessels over the next five years. This expansion is expected to significantly increase the country’s cargo-carrying capacity and reduce reliance on international shipping companies, enhancing national trade efficiency by 2030.
The entry of NLC into the shipping sector will address efficiency gaps and limited private-sector participation. The combined share of government-operated maritime freight is projected to rise from 5 percent to 56 percent, boosting annual freight earnings from $162 million to nearly $1.785 billion.
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