Pakistan’s National Shipping Corporation (PNSC) is strengthening its presence in the maritime sector by adding two new Aframax-type oil tankers to its fleet. The development was revealed by PNSC Chief Executive Officer Zarar Hussain during a meeting with Federal Minister for Maritime Affairs Junaid Chaudhry.
These new tankers are specialized in transporting crude oil and petroleum products, significantly increasing PNSC’s capacity to handle energy imports efficiently. With the latest additions, the PNSC fleet now stands at 12 vessels, and the government has announced plans to expand it further to 20 ships by the end of the year.
Aframax tankers, which range from 80,000 to 120,000 deadweight tonnes, are preferred globally because they can access ports that larger Very Large Crude Carriers. This makes them especially suitable for Pakistan, a country that relies on imports for nearly 70% of its energy needs, including crude oil and refined products.
Federal Minister Junaid Chaudhry emphasized that expanding the national fleet is a key step toward reducing dependence on foreign shipping services, which currently cost Pakistan around $4.6 billion annually in freight payments. By transporting more cargo on its own vessels, PNSC aims to save foreign exchange, boost revenue, and strengthen energy security.
Moreover, the expansion is expected to generate up to $700 million in freight earnings. PNSC is also exploring new business opportunities both within Pakistan and internationally, supporting the government’s broader plan to revitalize the maritime economy and improve supply chain resilience against global shocks.
In simple terms, Pakistan is not only saving billions by using its own ships but also creating a source of revenue by offering shipping services to other countries. The addition of these Aframax tankers reflects a strong commitment to national energy security and a step toward self reliance in maritime transport.
