AGL 40.09 Increased By ▲ 0.09 (0.23%)
AIRLINK 131.06 Increased By ▲ 1.53 (1.18%)
BOP 6.92 Increased By ▲ 0.24 (3.59%)
CNERGY 4.60 Decreased By ▼ -0.03 (-0.65%)
DCL 8.95 Increased By ▲ 0.01 (0.11%)
DFML 42.75 Increased By ▲ 1.06 (2.54%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.70 Decreased By ▼ -0.07 (-0.21%)
FFBL 78.75 Increased By ▲ 3.28 (4.35%)
FFL 12.16 Increased By ▲ 0.69 (6.02%)
HUBC 110.30 Decreased By ▼ -0.25 (-0.23%)
HUMNL 14.42 Decreased By ▼ -0.14 (-0.96%)
KEL 5.67 Increased By ▲ 0.28 (5.19%)
KOSM 8.41 Increased By ▲ 0.01 (0.12%)
MLCF 39.50 Decreased By ▼ -0.29 (-0.73%)
NBP 64.00 Increased By ▲ 3.71 (6.15%)
OGDC 200.65 Increased By ▲ 0.99 (0.5%)
PAEL 26.50 Decreased By ▼ -0.15 (-0.56%)
PIBTL 7.76 Increased By ▲ 0.10 (1.31%)
PPL 161.50 Increased By ▲ 3.58 (2.27%)
PRL 26.70 Decreased By ▼ -0.03 (-0.11%)
PTC 18.58 Increased By ▲ 0.12 (0.65%)
SEARL 82.70 Increased By ▲ 0.26 (0.32%)
TELE 8.23 Decreased By ▼ -0.08 (-0.96%)
TOMCL 34.37 Decreased By ▼ -0.14 (-0.41%)
TPLP 9.01 Decreased By ▼ -0.05 (-0.55%)
TREET 16.99 Decreased By ▼ -0.48 (-2.75%)
TRG 60.17 Decreased By ▼ -1.15 (-1.88%)
UNITY 27.61 Increased By ▲ 0.18 (0.66%)
WTL 1.41 Increased By ▲ 0.03 (2.17%)
BR100 10,693 Increased By 286.5 (2.75%)
BR30 32,041 Increased By 327.8 (1.03%)
KSE100 99,369 Increased By 2040.4 (2.1%)
KSE30 30,990 Increased By 798 (2.64%)

Launching ceremony of first state of the art 2300 Tons Corvette vessel being built for Pakistan Navy was held at M/s DAMEN Shipyard Galati, Romania. Chief of Staff (Personnel), Vice Admiral Abdul Aleem graced the occasion as Chief Guest. Corvettes are multi-purpose platforms of medium size and tonnage. Subsequent to the signing of contract for construction of two Corvettes for Pakistan Navy in 2017, the first ship is expected to join Pakistan Navy Fleet by end of this year and the second would be delivered by mid-2020.
Speaking on the occasion, the Chief Guest underscored the importance of Corvettes in the maritime domain. He further added that these platforms will act as force multipliers in enhancing Navy''s capability of safeguarding maritime frontiers and would offer more flexibility in the conduct of Pakistan Navy''s initiative of independent Regional Maritime Security Patrols in the Indian Ocean Region. The Chief Guest also lauded the professionalism of M/s DAMEN Shipyards and cooperation in delivering cutting edge technologies to Pakistan Navy in the form of Corvettes. The launching ceremony was also attended by Chief Naval Overseer (Romania), senior management of M/s DAMEN Shipyards, Gorin-chem & Galati and Pakistan Navy officials.-PR

Copyright Business Recorder, 2019

Comments

Comments are closed.