Pakistan National Shipping Corporation Reports Earnings Results for the First Quarter Ended September 30, 2020

Pakistan National Shipping Corporation is a Pakistan-based holding company. The Company is principally engaged in the business of shipping, including charter of vessels, transportation of cargo and other related services. The Company is also engaged in renting out its properties to tenants under lease agreements. It is involved in the transportation of dry cargo and liquid cargo through chartered vessels, and rental of properties. It is also engaged in streamlining the trade processes, providing solutions for the customers and engaging all stakeholders in decision making for the national fleet and maritime industry of Pakistan. Its subsidiaries include Bolan Shipping (Private) Limited, Chitral Shipping (Private) Limited, Hyderabad Shipping (Private) Limited, Pakistan Marine and Shipping Services Company (Private) Limited, Johar Shipping (Private) Limited, National Ship Management and Crewing (Private) Limited, Karachi Shipping (Private) Limited, and Khairpur Shipping (Private) Limited.