The Pakistan National Shipping Corporation (PNSC) has invited international tenders for acquisition of two double-hull Aframax class oil tankers and one Panamax class bulk carrier of up to 10 years old.
Sources told Business Recorder vessels should complying with all relevant clauses of International Association of Classification Societies (IACS) and other regulatory bodies'' requirement.
Tankers must fulfill the criteria, including tankers and bulk carrier must be fitted with IG system in accordance with the international regulations.
Tankers must have fixed operational COW system, vessels should preferably be equipped with ''Single Point Mooring'' arrangements meeting OCIMF standards, with minimum one chain stopper tongue type 200 tons SWL, one/two cranes of minimum 15 metric tones SWL for handling SPM hoses, etc.
Tankers must comply with the latest International Maritime Organisation (IMO) and International Labour Organisation (ILO) regulations and should be double-hull, complying MARPOL 73/78 Annex I Regulation 13F.
The tanker should not have more than 259-M LOA, 42M Beam with displacement not exceeding 95,000 metric tons and with 11.89 metre draft. Cargo carrying capacity at 11.89 metre draft should be up to 74,000 metric tones.
Tankers should have minimum two oil major approvals, supporting confirmation to be submitted along with the tender.
In addition to shipbrokers already pre-qualified by the PNSC, reputable ship brokers with ''Baltic Exchange'' membership and extensive sale/purchase experience may make their offers.
Moreover, the national flag carrier (PNSC) has also invited tenders for acquisition of a Panamax Bulk carrier of up to 10 years old.
In addition to complying with all relevant IACS and other regulatory bodies'' requirement, the vessel must fulfill the following criteria:
The bulk carrier should be between 65,000 to 75,000 dead weight tonnage (DWT) with age up to 10 years.
The building reputable yards (former east block origin built vessels may not be offered). LOA 225 metres (maximum), Beam 32 metres (maximum).
The bulk vessel should comply with all latest IMO/ILO regulations and suitable for further trading. Details of major repairs, alterations, modifications carried out to be provided.
Meanwhile, the PNSC has engaged in negotiations with two foreign banks for $135 million financing to purchase two tankers and one bulk carrier. Currently, the corporation is discussing the deal with foreign banks, which had given separate presentations and the deal would likely to be finalised during the current calendar year.
The national flag carrier has planned to replace its ageing oil tankers as first oil tanker would be out of business under restrictions clauses of International Maritime Organisation (IMO) in 2007, while other three tankers in 2010.