Pakistan National Shipping Corporation (PNSC) has finalized the agreement to sell its two ships, MT Lahore and MT Quetta. The board of directors approved the sale.

After obtaining approval, PNSC informed its shareholders through the February 26, 2025 stock exchange. The two ships were sold after completing their 20-year lifespan, as international regulations do not allow vessels older than 20 years to operate at various oil terminals in the UAE and Saudi Arabia.

PNSC also plans to purchase new ships to replace the sold ones.