PNSC Ensures Energy Supply Amid Strait of Hormuz Tensions, Transports Over 574,000 MT Crude
Nabeel Jamal
Karachi: Pakistan National Shipping Corporation (PNSC) has ensured uninterrupted energy supplies to Pakistan despite escalating regional tensions and disruptions around the Strait of Hormuz.
The national carrier continued operations in high-risk maritime zones even as several foreign shipping companies scaled back or halted activities in the region.
According to officials, PNSC maintained shipping operations despite the extension of High Risk Areas (HRA) covering the Red Sea and key ports such as Fujairah and Sohar.
These areas have seen heightened caution among international shipping operators due to security concerns linked to ongoing geopolitical developments.
Since the escalation of tensions, PNSC has transported approximately 574,000 metric tons of crude oil through 8 to 9 cargo shipments, along with around 61,000 metric tons of gasoil.
The shipments were carried out under arrangements with Pakistan State Oil (PSO), ensuring continuity in the country’s fuel supply chain.
Despite significant volatility in global freight markets — where rates reportedly surged five to six times — PNSC managed to maintain relatively stable freight costs.
The corporation’s performance underscores the importance of Pakistan-flagged vessels and local maritime expertise in maintaining critical supply lines during periods of regional instability.
Officials said reliance on national shipping capacity reduces exposure to external disruptions and enhances energy security.
PNSC has encouraged importers and exporters to increasingly utilise national-flagged vessels for long-term resilience.
The corporation noted that strengthening domestic maritime capacity would help ensure continuity of trade and energy supplies, particularly during times of geopolitical uncertainty.
Report : Talqeen Zuberi KARACHI — The President of National Bank of Pakistan, Rahmat…
KARACHI — Prominent hotelier Khalid Ahmed Sheikh was allegedly abducted in broad daylight from Defence.…
AquaOrange Pakistan inaugurates its new Karachi office, highlighting cybersecurity, digital innovation and industry collaboration.
Data Vault Pakistan and Galaxy Technology partner to expand sovereign AI, cloud infrastructure and high-performance…
Visa Acquisition plans took a major step forward after Visa announced it will acquire fraud…
SpaceX Earnings will come into focus on Tuesday as Elon Musk's company prepares to release…
This website uses cookies.