14,610.92 TRY BIST 100 BIST 100
48.10 USD USD USD
7.20 CNY CNY CNY
56.14 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.91 TRY Interest Interest
87.04 USD Fossil Oil Fossil Oil
6.60 USD Copper Copper
106.26 TRY Silver Silver
98.40 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
97.00 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

Syria’s reconstruction could increase steel demand to 3-4 million tons

Thursday, August 27, 2026

Primetals Technologies strengthens partnership with JSW Steel in India through two major projects

Thursday, August 27, 2026

Erdemir takes high-temperature measurement studies to an international platform in Sweden

Wednesday, August 26, 2026

Roofings Group commissions USD 125 million steel plant in Uganda

Wednesday, August 26, 2026

Russia leads increase in Türkiye’s DRI imports

Wednesday, August 26, 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