ISLAMABAD (Special Correspondent) – Deputy Prime Minister and Foreign Minister Senator Ishaq Dar chaired a meeting on 13 November 2026 to review the strategic restructuring of the Pakistan National Shipping Corporation (PNSC), emphasizing that the modernization process must be anchored in professionalism and aligned with global standards to enhance national maritime trade logistics.

Key Points

• Deputy Prime Minister Ishaq Dar directed the engagement of world-class shipping and financial consultants for the restructuring.
• The initiative aims to maximize commercial returns and strengthen Pakistan’s maritime trade logistics infrastructure.
• The meeting focused on transforming the PNSC into a competitive and globally recognized maritime entity.
• Proposals to enhance operational efficiency and align corporate governance with international best practices were reviewed.

Strategic Roadmap for PNSC Transformation

During the session, Senator Ishaq Dar stressed that the restructuring roadmap must prioritize long-term commercial viability. By utilizing international expertise, the government intends to modernize the Pakistan National Shipping Corporation (PNSC) to better safeguard national economic interests in an increasingly competitive global market. The Deputy Prime Minister noted that the organization must adopt international best practices to ensure it functions as a streamlined, efficient maritime body.

The discussion included high-level input from the Federal Minister for Maritime Affairs and Special Assistant to the Prime Minister (SAPM) Tariq Bajwa. Officials evaluated various proposals aimed at increasing operational efficiency, ensuring that the corporation’s corporate governance structure meets the rigorous demands of the global shipping industry. This PNSC restructuring effort represents a broader push to modernize state-owned enterprises for sustainable economic growth.

Frequently Asked Questions

What is the objective of the PNSC restructuring meeting?

The meeting aimed to transform the PNSC into a competitive, commercially viable, and globally recognized maritime entity while maximizing commercial returns and strengthening national maritime trade logistics.

Who attended the meeting led by Senator Ishaq Dar?

The meeting was attended by the Federal Minister for Maritime Affairs, SAPM Tariq Bajwa, the Secretary of the Ministry of Maritime Affairs, and other senior officials from relevant ministries and departments.