The Pakistan National Shipping Corporation (PNSC) is a Pakistani national flag carrier and is one of Government of Pakistan's most profitable state-owned entities, most recently having recorded it's highest ever profit of PKR 5.6 billion under the chairmanship of Rizwan Ahmed. The Corporation is principally engaged in the business of shipping, including charter of vessels, transportation of cargo and providing commercial, technical, administrative, financial and other services to its subsidiaries and third parties.