A meeting chaired by Deputy Prime Minister and Foreign Minister Senator Ishaq Dar in Islamabad on Friday reviewed the restructuring of the Pakistan National Shipping Corporation (PNSC), according to 24NewsHD.
The meeting discussed transforming PNSC into a competitive, commercially viable and globally recognised maritime entity. Participants reviewed proposals to enhance the corporation’s operational efficiency and to align its corporate governance with international best practices.
Dar emphasised that the restructuring must be anchored in professionalism and aligned with global standards. He directed the concerned authorities to engage world-class shipping and financial consultants to devise a forward-looking roadmap for the corporation.
Focus on commercial returns and trade logistics
The aim of the roadmap, as discussed at the meeting, is to maximise commercial returns, strengthen Pakistan’s maritime trade logistics and safeguard national economic interests. Strengthening maritime trade logistics was one of the stated aims of the meeting, reflecting the role shipping plays in the movement of the country’s imports and exports.
The direction to engage world-class consultants underlines the emphasis on professional advice. The consultants are to prepare a forward-looking roadmap, which will set out the steps for improving the corporation’s commercial performance and its governance. No timeline for the roadmap was given in the report.
Restructuring under consideration since May
PNSC is Pakistan’s national shipping carrier, engaged in the transportation of dry bulk and liquid cargoes across the globe, according to Dawn. The restructuring of the corporation has been under consideration for some time.
In May 2026, the Economic Coordination Committee (ECC) of the Cabinet granted in-principle approval for the restructuring of PNSC through the sale of a 30 per cent shareholding and the transfer of management control to the National Logistics Corporation (NLC). The summary had been moved by the Ministry of Maritime Affairs, and the ECC directed the authorities to expedite the process to tap emerging maritime and transshipment opportunities.
The latest meeting, chaired by the deputy prime minister, takes that process forward. With consultants to be engaged, the next step will be the preparation of a detailed roadmap setting out how the corporation’s operations and governance will be reshaped. The meeting’s discussion of efficiency, governance and professional management suggests the plan will cover the corporation’s working from several angles, and the outcome will be watched by those who follow the country’s maritime and trade sectors.