Saturday, January 10, 2026

FM Maritime launches strategic container vessel project at Karachi Shipyard

Karachi – Construction of a 1,100 twenty-foot equivalent unit (TEU) container vessel for the Pakistan National Shipping Corporation (PNSC) has been launched, aimed at strengthening the country’s maritime sector and reducing reliance on foreign shipping lines.
The steel-cutting ceremony was held at Karachi Shipyard and Engineering Works (KSEW), where Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry inaugurated the project. Senior officials from the Ministry of Maritime Affairs, PNSC and KSEW were also present.
Addressing the ceremony, Junaid Chaudhry described the project as a strategic milestone for maritime industry, saying it reflected the government’s commitment to revitalising the shipping and shipbuilding sectors in line with national economic priorities.
The 1,100-TEU vessel is being constructed using domestic resources and expertise, highlighting Pakistan’s growing shipbuilding capacity, he said. Building the ship locally would strengthen maritime infrastructure and help cut dependence on foreign carriers.
Junaid Chaudhry said the addition of the new vessel to the PNSC fleet would help conserve foreign exchange by reducing freight payments abroad and enhance the corporation’s ability to support Pakistan’s import-export trade.
Nearly 95 percent of Pakistan’s trade volume is transported by sea, making a strong maritime sector essential for economic stability and growth, the minister said, adding that shipping and ship repair were key components of the country’s National Maritime Policy.
He also noted that the project would create employment opportunities for skilled and semi-skilled workers and contribute to industrial growth and technology transfer at Karachi Shipyard.
Once completed, the new container vessel is expected to enhance PNSC’s operational capacity and competitiveness, supporting Pakistan’s trade logistics at a time of global supply chain volatility.
Junaid Chaudhry reaffirmed the government’s commitment to sustained investment in shipbuilding and shipping as part of efforts to lower logistics costs, improve trade efficiency and strengthen the country’s blue economy.

Field Correspondent Sohail Majeed
+ posts

Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.

Hot this week

Uraan Pakistan’ drives green buses, mangrove revival, and resilient healthcare, FM

Climate-Smart, Health-Responsive Infrastructure Now a National Priority Islamabad: Federal Minister...

URAAN Pakistan a strategic initiative by Planning Commission built on 5Es

PIDE Sparks Dialogue on Growth Beyond IMF Limits Islamabad –...

Urgent need for industrial policy to boost sector performance, Haroon

Belgian-British economist and Haroon Akhtar khan Highlight Urgent Industrial...

BCCI agrees to add Pakistan’s name on their jersey

India has confirmed its compliance with the International Cricket...

National Summit for Malaria Elimination in early 2026, Dr. Mukhtar

Pakistan reveals key findings from first G6PD pilot to...

First Lady meets Indonesian Vice Minister of Trade

Karachi: — First Lady Bibi Aseefa Bhutto Zardari, MNA,...

Ethiopian Airlines a source of national pride, PM Abi

𝐆𝐫𝐨𝐮𝐧𝐝𝐛𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐨𝐟 𝐁𝐢𝐬𝐡𝐨𝐟𝐭𝐮 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐀𝐢𝐫𝐩𝐨𝐫𝐭! Ethiopia once again embarks on...

Provincial Minister visits RDA, reviews RDA projects

DG RDA Kinza Murtaza Announces Construction of Four Parking...

Cinema goes beyond entertainment to shape social discourse, ED

Lights. Camera. Action. Curtains rise at Alhamra for a...

PEC Mobilizes Pakistan’s Industrial Giants to Power the National GET Revolution

Karachi witnessed a landmark moment in Pakistan’s engineering history...

Iraq shows interest in JF-17, Super Mushshak trainer aircraft

Rawalpindiv: Air Chief Marshal Zaheer Ahmed Baber Sidhu, NI...

KSA defence delegation visits Ministry of Foreign Affairs

Islamabad : A 15-member delegation of the King Abdullah...

Pak-Indonesia MoU on Joint Trade Committee to deepen economic partnership

Karachi : Pakistan and Indonesia further strengthened their economic...

Related Articles

Popular Categories