Prime Minister Shehbaz Sharif Approves Nlc'S Pnsc Stake Acquisition

On February 24, 2026, Prime Minister Shehbaz Sharif approved the National Logistics Corporation's (NLC) acquisition of a 30% stake in the Pakistan National Shipping Corporation (PNSC), granting it management control and consolidation rights. This decision marks a significant restructuring in Pakistan's maritime logistics sector, as PNSC operates a fleet of 12 vessels with a total deadweight capacity of 938,876 tons. The approval was confirmed through official communication from the Ministry of Maritime Affairs, which stated, "NLC formally conveyed its intent to proceed with the proposed acquisition of shareholding and management control in PNSC" (Business Recorder). This acquisition is expected to enhance NLC's operational footprint in maritime logistics, allowing for closer integration of shipping and inland logistics operations.