13,689.00 TRY BIST 100 BIST 100
6.56 CNY CNY CNY
52.17 EUR EUR EUR
44.60 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
40.16 TRY Interest Interest
96.80 USD Fossil Oil Fossil Oil
5.80 USD Copper Copper
108.90 USD Silver Silver
103.00 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,755.67 TRY Gold (gr) Gold (gr)
104.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Maersk investment meeting held in Islamabad

Danish shipping giant AP Moller-Maersk (MAERSK) has announced plans to invest in Pakistan's Karachi Port in May 2024. The investment will be made to strengthen the port's infrastructure, develop logistics storage areas, improve ship dismantling facilities and enhance overall port development.

Maersk investment meeting held in Islamabad

It was emphasized that the investment is an important step towards modernizing Pakistan's maritime sector. In this context, the fact that the investment will be made in Karachi Port, one of the largest ports in Pakistan, is of strategic importance for both regional and international trade.

The board meeting organized to facilitate this important Danish investment was held in Islamabad under the chairmanship of Mr. Aurangzeb Khan, Federal Minister of Finance and Revenue. The meeting discussed the progress in the signing of the Memorandum of Understanding (MOU) between Pakistan and Denmark on public-private partnership for sustainable infrastructure.

The meeting was virtually attended by Federal Minister for Shipping Mr. Qaiser Ahmed Shaikh, Federal Secretaries of the Ministry of Shipping and Chairman of Karachi Port Trust (KPT). Participants reviewed the progress of the investment process and exchanged views on how to make public-private partnerships more effective.

This important meeting and investment plan is considered as a major step towards strengthening Pakistan's maritime sector and enhancing international cooperation.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

ArcelorMittal Hunedoaras sale to UMB Steelhas been approved by the competition authority

Friday, April 10, 2026

Duferco, emission intensity and climate targets için GSCC certification received

Friday, April 10, 2026

EU, steel import safeguard measures updated

Friday, April 10, 2026

The US cancels antidumping investigation into cold-drawn mechanical tube imports from Switzerland

Friday, April 10, 2026

Anti-dumping tariffs in South Africa’s steel sector raise supply concerns

Thursday, April 9, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now