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New Ship Inducted Name Is Bolan !

CHACHA"G"

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Hello all
According to ary news and Ali Zadi , New Ship is inducted in Pakistani Behri bara ,, Ship name is Bolan and with in 6 months one more will be added ……
What is this ?????
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Ali Haider Zaidi‏Verified account @AliHZaidiPTI 37m37 minutes ago
It gives me great pleasure to inform the Pakistani nation that PNSC has added to its fleet a MoGas Carrier LR-1 vessel on March 25, 2019. The ship named Bolan will help reduce the dependency on foreign vessels & save millions of $’s in freight. Another step towards self reliance!

31 replies 205 retweets 869 likes



Ali Haider Zaidi‏Verified account @AliHZaidiPTI 39m39 minutes ago
I congratulate Chairman, the board & management of PNSC for this successful acquisition. Inshallah another vessel will be added to the PNSC fleet before the end of Summer 2019.

10 replies 89 retweets 457 likes

https://twitter.com/AliHZaidiPTI?ref_src=twsrc^google|twcamp^serp|twgr^author

Edit: I got it , this is oil tanker for PNSC , A positive addition , one more will come soon... Great way forward.
 
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An Oil Tanker inducted by PNSC

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Got it :

PNSC To Acquire Two Ships in 2019
Posted 1 month ago by M Yasir
oil-tanker-vessel-ship-pnca.jpg




In order to enhance its fleet size for meeting local demands, Pakistan National Shipping Corporation (PNSC) plans to conclude the induction of two oil-carrying ships by the mid of 2019, confirmed official sources.

These ships, called oil tankers, are estimated to be purchased at a cost of $40 million in accordance with the market prices under the given deadline and allocated budget. In this regard, the national flag carrier received quotes from international companies but it is yet to finalize the ships, which will not be brand new but modern and refurbished vessels.



The purchase of these oil-carrying vessels by the PNSC should help meet the spiraling shipment demand of oil products in the country because of the rising consumption and imports of MOGAS or petrol.

The national flag carrier will induct these vessels, called LR-1 tankers, without any government grant or monetary assistance but from its own financial resources and bank loans, an official said.

At present, there are nine ships PNSC fleet including five bulk carriers and four oil tankers. PNSC operates 4 modern double hull Aframax tankers with a capacity of 107,000 DWT. It has transported approximately 80 million tonnes of crude oil since 1998 – when it started tanker operations.

PNSC is engaged in providing carriage services to clients including Pakistan State Oil Company Limited (PSO), National Refinery Limited (NRL), Pakistan Refinery Limited (PRL), and Pak Arab Refinery Limited (PARCO).

PNSC intends to engage its managed dry bulk carriers in the transportation of domestic cargo of Pakistan and anticipated coal transportation in the backdrop of upcoming coal-fired power plants.

Furthermore, with the increasing demand of LNG in the power sector, PNSC is developing strategy and striving to enter into the LNG sector of the country to provide efficient sea transportation. Currently, all imports are being catered by foreign shipping companies.

https://propakistani.pk/2019/02/13/pnsc-to-acquire-two-ships-in-2019/

Also on at :
https://capitaltalk.pk/pnsc-to-acquire-two-ships-in-2019/

 
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which one is that 2012-built Kings Road and 2013-built Abbey Road as quoted by Allied shipping register ?Still happy as after very long time saw PNSC buying something ok about 5 million such brokers and registration can take it too
 
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Step. In the right direction, given the level of our bulk imports and exports it's is important for us to have a strong and updated fleet of bulk carriers.

Im not sure about today but around 2015 was a great time for pnsx to invest as shipping business was on decline and vessels were available for lesser cost.
 
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