Three maritime entities rank among Pakistan's 10 most profitable SOEs in FY2024-25

Pakistan National Shipping Corporation (PNSC), Karachi Port Trust and Port Qasim Authority were among the 10 most profitable state-owned enterprises in FY2024-25, according to a report cited by Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry. The Finance Division’s Central Monitoring Unit placed Karachi Port Trust sixth, Port Qasim Authority seventh and PNSC tenth in its annual aggregate report.

The minister credited the organisations’ management and employees, as well as oversight by the Ministry of Maritime Affairs, for their positions. Karachi Port Trust and Port Qasim Authority oversee port operations, while PNSC provides national shipping services, linking the three organisations to cargo movement and maritime activity. He said improved governance, accountability and operational management would be important to sustaining and strengthening the performance of maritime institutions.