Muhammadi Steamship Company Limited
Encyclopedia
Muhammadi Steamship Company Limited was one of the oldest locally owned shipping companies in Pakistan
until it was nationalised in the early 1970s.
on 12 May 1947. In 1949, it became the first Pakistani shipping line to be publicly listed on the Karachi Stock Exchange
.
Muhammadi House on McLeod Road (now I. I. Chundrigar Road) was the headquarters of the company.
The company was nationalized by the Government of Pakistan
under then President Zulfikar Ali Bhutto
. It was later merged with other Pakistani nationalized shipping companies to create the Pakistan National Shipping Corporation
.
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
until it was nationalised in the early 1970s.
History
The company was incorporatedIncorporation (business)
Incorporation is the forming of a new corporation . The corporation may be a business, a non-profit organisation, sports club, or a government of a new city or town...
on 12 May 1947. In 1949, it became the first Pakistani shipping line to be publicly listed on the Karachi Stock Exchange
Karachi Stock Exchange
The Karachi Stock Exchange or KSE is a stock exchange located in Karachi, Sindh, Pakistan. It is Pakistan's largest and oldest stock exchange, with many Pakistani as well as overseas listings. Currently located in Stock Exchange Building on Stock Exchange Road, in the heart of Karachi's Business...
.
Muhammadi House on McLeod Road (now I. I. Chundrigar Road) was the headquarters of the company.
The company was nationalized by the Government of Pakistan
Government of Pakistan
The Government of Pakistan is a federal parliamentary system, with an indirectly-elected President as the Head of State and Commander in Chief of the Pakistani Armed Forces, and an indirectly-elected Prime Minister as the Head of Government. The President’s appointment and term are...
under then President Zulfikar Ali Bhutto
Zulfikar Ali Bhutto
Zulfikar Ali Bhutto was 9th Prime Minister of Pakistan from 1973 to 1977, and prior to that, 4th President of Pakistan from 1971 to 1973. Bhutto was the founder of the Pakistan Peoples Party — the largest and most influential political party in Pakistan— and served as its chairman until his...
. It was later merged with other Pakistani nationalized shipping companies to create the Pakistan National Shipping Corporation
Pakistan National Shipping Corporation
The Pakistan National Shipping Corporation is an autonomous megacorporation owned and run under the control of the Ministry of Ports and Shipping of Pakistan.-History:...
.
Ships
Ship | Built | Tonnage | Builder | In Service | Fate | Notes |
---|---|---|---|---|---|---|
Al Murtaza Ali | 1942 | 7235 GRT | West Coast Shipbuilders, Vancouver as 'Fort Norman' | 1948 - 1954 | Sold in 1954 to United Oriental Steamship Company, Karachi and renamed ANWARBAKSH | |
Husaini later Al Husaini | 1943 | 7157 GRT | North Vancouver Ship Repairers Ltd., North Vancouver as 'Fort Clatsop' | 1948 - 1968 | Broken up at Karachi in November 1968 | Renamed in 1949 |
Ahmadi later Al Ahmadi | 1920 | 5186 GRT | Todd Dry Dock & Construction Company, Tacoma as 'Pallas' | 1948 - 1954 | Broken up at Karachi in 1954 | Renamed in 1949 |
Al Hasan | 1943 | 7165 GRT | North Vancouver Ship Repairers Ltd., North Vancouver as 'Fort St. Antoine' | 1949 - 1964 | Broken up at Karachi in February 1964 | |
Colima later Al Chisti | 1917 | 1306 GRT | Sodra Varfvets Nya A/B, Stockholm as 'Svealand' | 1949 - 1954 | Broken up at Karachi in 1954 | Renamed in 1950 |
Al-Sayyada | 1944 | 7165 GRT | Victoria Machinery Depot Company, Victoria B.C. as 'Hastings Park' | 1952 - 1967 | Broken up at Karachi in November 1967 | First ship to dry dock at Karachi Shipyard Karachi Shipyard The Karachi Shipyard & Engineering Works Limited , is Situated at West Wharf in Karachi, Sindh, Pakistan.Karachi Shipyard is the oldest Heavy Engineering Works of Pakistan which is catering for its Ship Building, Ship Repairing, Submarine/Warship Construction and Heavy/General Engineering... . |
Al Ahmadi | 1940 | 5361 GRT | Lithgows Ltd., Port Glasgow as 'Risaldar' | 1958 - 1966 | Broken up at Karachi in June 1966 | |
Al-Abbas | 1967 | 6087 GRT | Karachi Shipyard | 1967 - 1971 | Sunk on 16 August 1971 in Operation Jackpot Operation Jackpot For the 1983–1986 South Carolina drug investigation see Operation Jackpot Operation Jackpot was the codename assigned to several different operations during the Bangladesh Liberation War in 1971. The original "Operation Jackpot" was the logistical and training operation set up under the Indian Army... by the Mukti Bahini Mukti Bahini Mukti Bahini , also termed as the "Freedom Fighters" or FFs, collectively refers to the armed organizations who fought against the Pakistan Army during the Bangladesh Liberation War. It was dynamically formed by Bengali regulars and civilians after the proclamation of Bangladesh's independence on... commandoes at Chittagong Chittagong Chittagong ) is a city in southeastern Bangladesh and the capital of an eponymous district and division. Built on the banks of the Karnaphuli River, the city is home to Bangladesh's busiest seaport and has a population of over 4.5 million, making it the second largest city in the country.A trading... |
First merchant ship built at Karachi Shipyard. |