Wednesday, January 14, 2009

PNSC poised to scrap its three ships

PNSC poised to scrap its three ships: "KARACHI: Pakistan National Shipping Company (PNSC) has in principle approved scrapping of three of its cargo ships and replacing them by buying new or five-year old ships.

These three general cargo ships—thirty years old likely to be scrapped in the current fiscal year may include ‘Sibi’ and ‘Hyderabad’ ships."