Business

Maersk signs historic deal with Pakistani company to boost maritime trade

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Web Desk

ISLAMABAD: In a major boost to Pakistan’s maritime sector, world’s largest shipping company Maersk Shipping Line has officially appointed Secure Logistics as its partner in Pakistan.

This marks Maersk’s first partnership with a Pakistani company, a development that promises to boost maritime trade links in the region.

The agreement, which was finalized recently, will see Secure Logistics play a key role in facilitating Maersk’s operations not only within Pakistan but also to Central Asian states and other regional markets.

The partnership is expected to streamline logistics and strengthen trade links between Pakistan and its neighboring countries.

This partnership comes at a time when the maritime sector in Pakistan is poised for growth. Discussions are already underway between Secure Logistics and Maersk to explore further expansion opportunities, signaling a commitment to increase maritime trade and investment in the region.

In an official statement, Secure Logistics informed the stock exchange of this historic deal, underlining its importance to the company and the broader economic landscape.

The Federal Cabinet has also approved a Memorandum of Understanding (MoU) with Maersk on Substantial Investment, which will further strengthen the potential economic impact of this collaboration.

Web Desk

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