SARGODHA
Latest ports
Latest Waypoints
Latest news
Arrives Gadani Anchorage
To be scrapped at Gadani
Pakistan National Shipping Corporation scraps mv Sargodha and mv Multan
Pakistan National Shipping Corporation (PNSC) is going to scrap its two bulk carriers namely M.V. Sargodha and M.V Multan soon, which will leave the corporation with the fleet of 7 vessels, Pakistan Today reports. Official sources informed Profit that the current administration of the corporation under the chairmanship of Vice Admiral (Retd.) Aslam Ahmed Meenai has surprisingly decided to scrap both the bulk carriers without any plausible reason. “Both the Japanese bulk carriers were manufactured in 1980s, and could be utilised with proper maintenance as some carriers manufactured in 1970s are still in use as cement loaders in many parts of the world, therefore, this decision of scraping two important vessels by the corporation is not rational,” sources added. After selling the scrap of these two bulk carriers the corporation would be left with 7 vessels (3 tankers and 4 bulk carriers), which is a bad omen for the corporation that witnessed their profits surging by 280 per cent in the last year, sources said.
Upload News