Wednesday, January 14, 2009, Muharram-ul-Haram 16, 1430 A.H  
   HOME
   News in English
   News in Urdu
   Program Profiles
   GEO TV
   GEO UK
   GEO USA
   GEO ME
   GEO CANADA
   GEO EUROPE
   GEO JAPAN
   GEO SUPER
   AAG TV
   Corporate Profile
   Tariff
   News Archive
   Contact Us
   FAQ
   Feedback
   GEO CHAT
   GEO SKINS
   GEO RINGTONES
   GEO NewsAlert
   GEO Wallpapers
   Transcripts of Program
   Team GEO
 
 
Google 
 
 GEO Business
 PNSC poised to scrap its three ships
 Updated at: 1537 PST,  Wednesday, January 14, 2009
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. PNSC had scrapped in 2007 one oil tanker ‘Shalimar’, which was replaced by buying ‘Quetta’. PNSC sources said that in view of the falling prices of ships in the international market, the company would be taking the advantage of buying new or five-year old ships utilizing Rs4 billion that existed in its fund.
Back     |    Send this story to friend    
 
Share this story!   
 
» GEO Pakistan
Priya Dutt denies rift over Sanjay's SP link
Musharraf to deliver inaugural lecture today
Raza Rabbani for strengthening IPCC
Security tightened at Nato forces supply route
Sharif brothers’ eligibility case hearing adjourns till tomorrow
   
» GEO World
British ship escapes pirates with help of Russian warship
UN urges timely presidential poll in Somalia
Iran still a malign influence in Iraq: U.S.
Fighting rages in Gaza as toll nears 1,000
Pentagon: 61 ex-Guantanamo inmates return to terrorism
   
» GEO Business
PNSC poised to scrap its three ships
HDIP finds quality CNG supplied at stations in 2008
Oil price around $39 a barrel
Oil higher in Asia on OPEC chief's comments
Shortage of fertilizers to affect wheat production: Farmers
   
» GEO Sports
Sports federations’ secretaries meet
Broad, Bond to supervise Pak-SL ODI series
Hockey teams’ foreign tours being considered: Bajwa
Australia takes T20 series against South Africa
ICC names officials for Pak-Sri Lanka series
   

 
Copyright © GEO TV. All rights reserved.