Advertisement
Categories: News

Pakistan’s First Container Ship Construction Marks Milestone

Advertisement

Pakistan’s maritime industry ventures into uncharted waters with the initiation of its first-ever construction of a container ship, signaling a significant leap in the country’s shipping capabilities.

The Pakistan National Shipping Corporation (PNSC) has issued an order for a container vessel from the shipyard after a lapse of forty years. Chairman PNSC, Rear Admiral Jawad Ahmed, announced this groundbreaking development during the signing ceremony at the Karachi Shipyard.

Under the agreement, Karachi Shipyard will deliver the first container ship to PNSC within the next 36 months. This landmark contract underscores Pakistan’s commitment to enhancing its shipping infrastructure and reducing its hefty expenditure of $3 billion on container transport.

Chairman PNSC, Rear Admiral Jawad Ahmed, emphasized the monumental cost-saving benefits that the construction of container ships domestically would entail, compared to the hefty US27 to US28 million exchange typically incurred by countries outsourcing such projects overseas.

He stated that the container ship’s construction at Karachi Shipyard is estimated to cost US21 million. The construction of the vessel in Karachi Shipyard will not only bolster Pakistan’s maritime capabilities but also serve as a catalyst for national economic growth. Managing Director Karachi Shipyard, Rear Admiral Salman Ilyas, highlighted the shipyard’s expertise in constructing large vessels, emphasizing their readiness for such ventures.

Salman Ilyas added that Karachi Shipyard had previously constructed bulk carriers, tankers, and other significant vessels, showcasing their proficiency in shipbuilding.

He expressed optimism about the shipyard’s ability to deliver top-quality container ships to meet the nation’s burgeoning maritime needs. This pioneering endeavor marks a significant milestone in Karachi Shipyard’s illustrious history, marking the first-ever construction of a container ship of such magnitude.

This post was last modified on March 2, 2024 2:16 pm

Advertisement
Zubair Yaqoob

Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories. Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting. Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

Recent Posts

FIA Unveils Major Tobacco Smuggling Network at New Islamabad Airport

Alleged Organized Smuggling Network Uncovered at New Islamabad International Airport A major investigation by FIA's…

2 hours ago

RB Leipzig Appoint Martin Demichelis as Head Coach Until June 2028

RB Leipzig have appointed Martin Demichelis as their head coach, the German club announced on…

3 hours ago

Senate Approves House Iran Resolution, Rebukes Trump on War Powers

Washington approved a House-passed war powers resolution on Iran, marking the first time such a…

4 hours ago

Meloni seeks normal relations after US clash with Trump

Italian Prime Minister Giorgia Meloni called for normalization of relations with the US on Tuesday,…

5 hours ago

Army Plans U.S. Ranges for Ukraine Electronic Jamming Testing

Army Plans New Domestic Ranges for Drone Testing The Army plans to establish at least…

5 hours ago

Shehbaz Awards Honorary CPSP Fellowship to Iranian President

Prime Minister Muhammad Shehbaz Sharif honored Iranian President Dr Masoud Pezeshkian with an honorary fellowship…

6 hours ago