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Pakistan Navy inducts second of two 2,300-ton corvettes made by Dutch shipbuilder

04:14 PM | 4 Sep, 2019
Pakistan Navy inducts second of two 2,300-ton corvettes made by Dutch shipbuilder
KARACHI – Dutch shipbuilder Damen has launched the second of two 2,300-ton corvettes on order for the Pakistan Navy (PN) at its facilities in Galati, Romania.

The Navy announced that the vessel (with pennant number 272) entered the water on 3 September in a ceremony attended by PN Chief of Staff (Personnel) Vice Admiral Ather Mukhtar, among others.

The contract for the two platforms, which the PN has also referred to as offshore patrol vessels (OPVs), was signed in June 2017.



The first ship, which was launched at the same shipyard on 17 May, is expected to enter service by the end of 2019, and the second one is set to be delivered by mid-2020, according to the navy.

Vice Adm Mukhtar was quoted as saying during the ceremony that the vessels "will act as force multipliers in enhancing [the] navy's capability of safeguarding maritime frontiers and will offer more flexibility in the conduct of [the] Pakistan Navy's initiative of independent Regional Maritime Security Patrols in the Indian Ocean Region".

Corvettes are laced with the latest technology and they are multi-purpose platforms of medium size and tonnage. These are used for different operations including security patrol.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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