Pakistan National Shipping Company picks up LR1 pair from Zodiac Maritime

Pakistan National Shipping Corporation (PNSC) has acquired a pair of South Korean-built coated LR1 tankers from Eyal Ofer’s Zodiac Maritime, according to brokers.

Allied Shipbroking reports that PNSC has forked out $60.7m for 2012-built Kings Road and 2013-built Abbey Road, both constructed at STX Offshore & Shipbuilding. MSI values the pair at $56.4m, valuing Kings Road at $26.8m and Abbey Road at $29.6m.

PMSC currently has a fleet of nine vessels, made up of five bulk carriers and four Japanese aframaxes.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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