Trends - Maersk - Business Recorder

Maersk

Maersk says it has maintained all trans-Pacific sailings despite tariff, trade uncertainty

COPENHAGEN: Maersk said on Tuesday it had maintained all its scheduled trans-Pacific sailings to date, albeit...

Published 29 Apr, 2025 06:40pm

PM welcomes $2bn Maersk investment

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday welcomed a $2 billion investment from global shipping giant AP...

Updated 09 Apr, 2025 08:42am

Business & Finance

Trump tariffs bad for global economy and trade, Maersk says

COPENHAGEN: Shipping company Maersk said on Thursday that the tariffs announced by U.S. President Donald Trump on...

Published 03 Apr, 2025 02:51pm

Aurangzeb welcomes APM Terminals’ investment offer

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb here on Monday welcomed APM...

Updated 12 Nov, 2024 02:35pm

Markets

Ministry assures Maersk of ‘full support’ as Pakistan seeks $2bn investment from Danish company

Agreement with Maersk expected this week, Maritime Affairs minister Qaiser Ahmed Sheikh says

Updated 11 Nov, 2024 10:03pm

Business & Finance

$2bn Maersk Line investment to be discussed on 12th: minister

KARACHI: To finalise the matter of $2 billion investment in Pakistan by the Denmark’s giant Maersk Line, it will ...

Published 03 Nov, 2024 07:31am

Business & Finance

Pakistan’s SLGL secures transport services deal with Maersk

Secure Logistics Group Limited (SLGL) has entered into an arrangement to provide transport services to Maersk West...

Updated 15 Oct, 2024 09:29pm

Business & Finance

Shipping giant Maersk enters into strategic partnership with Secure Logistics

Maersk West and Central Asia Limited (Maersk), a global shipping, transport and logistics services company, has...

Updated 18 Sep, 2024 04:10pm

Maersk’s $2bn investment set to transform port infrastructure: minister

ISLAMABAD: Minister for Maritime Affairs Qaiser Ahmed Sheikh said on Saturday that Danish shipping company Maersk...

Updated 18 Aug, 2024 10:23pm

Maersk intends to invest $2bn for business expansion: minister

KARACHI: A.P. Møller - Mærsk A/S, usually known as Maersk, a Danish shipping and logistics company, intends to...

Updated 04 Aug, 2024 09:25pm

World

Maersk vessel reports being targeted by flying object in Gulf of Aden

DUBAI: Shipping giant Maersk said one of its vessels, the Maersk Sentosa, reported being targeted by a flying object...

Published 10 Jul, 2024 03:14am

Business & Finance

Maersk’s net profit sinks amid Red Sea attacks

COPENHAGEN: Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as ...

Published 06 May, 2024 05:30am

World

Maersk’s profit sinks, warns of Red Sea risk

COPENHAGEN: Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook...

Published 09 Feb, 2024 03:29am

World

US Navy intercepts missiles in Red Sea while escorting Maersk ships

COPENHAGEN: Shipping company Maersk said on Wednesday two US-flagged vessels transiting the Bab el-Mandeb strait...

Published 25 Jan, 2024 04:23am

World

Maersk says winter weather, Red Sea disruption cause congestion

OSLO: Weather-related disruption at ports in northern Europe and the diversion of vessels away from the Red Sea are...

Published 18 Jan, 2024 12:22pm

World

Maersk hopes international interventions, naval presence will allow Red Sea transit to return

COPENHAGEN: Maersk hopes international interventions and a larger naval presence in the Red Sea will eventually lead...

Published 12 Jan, 2024 03:22pm

Business & Finance

Maersk diverts vessels away from Red Sea ‘for the foreseeable future’

OSLO: All Maersk vessels due to transit the Red Sea and Gulf of Aden will instead be diverted south around Africa’s...

Published 05 Jan, 2024 04:46pm

World

Maersk continues to schedule Suez journeys despite Houthi attack

OSLO: Denmark’s Maersk still plans to sail more than 30 container vessels through the Suez Canal and the Red Sea in...

Published 02 Jan, 2024 12:28pm

World

Maersk reroutes vessels around Africa from Red Sea

COPENHAGEN: Denmark’s Maersk said on Tuesday its vessels due to sail through the southern Red Sea and the Gulf of...

Published 19 Dec, 2023 01:34pm

Business & Finance

Maersk warns of slower demand for container shipping

COPENHAGEN: Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand for shipping...

Published 07 Aug, 2023 06:34am

Business & Finance

High freight rates lift Maersk to record profit in 2022

COPENHAGEN: Global shipping giant Maersk reported its biggest ever full-year profit in 2022, amid soaring freight...

Published 13 Feb, 2023 05:57am

Business & Finance

High freight prices lift Maersk to record profit in 2022

COPENHAGEN: Global shipping giant Maersk reported its biggest ever full-year profit in 2022, amid soaring freight...

Published 08 Feb, 2023 01:17pm

Pakistan

Maersk supports flood relief efforts in Pakistan

KARACHI: A.P. Moller - Maersk (Maersk) has been unwavering in its dedication to supporting the communities where it...

Published 14 Dec, 2022 05:57am

Maersk suspends C&F export shipments’ bookings

Bookings to remain suspended until remittances restrictions by SBP are relaxed

Updated 13 Aug, 2022 09:50am

Business & Finance

Maersk temporarily suspends C&F export bookings from Pakistan

Says export bookings on FOB to continue as usual

Updated 12 Aug, 2022 10:09pm

Business & Finance

Shipping giant Maersk to stop deliveries to Russian ports

COPENHAGEN: Danish shipping giant Maersk said Tuesday that it would stop taking new non-essential orders to and from...

Published 01 Mar, 2022 03:34pm

Business & Finance

Maersk to buy Chinese logistics firm for $3.6bn

COPENHAGEN: Danish shipping giant, AP Moeller-Maersk, said Wednesday it has agreed to acquire LF Logistics, a...

Published 23 Dec, 2021 04:23am

Markets

Maersk to buy Chinese logistics firm for $3.6bn

COPENHAGEN: Danish shipping giant, AP Moeller-Maersk, said Wednesday it has agreed to acquire LF Logistics, a...

Published 22 Dec, 2021 02:26pm

Markets

World Shipping Schedule

KARACHI: Karachi Port's world-wide shipping schedule beginning Saturday (October 16, 2021)....

Published 17 Oct, 2021 04:41am

Markets

World Shipping Schedule

KARACHI: Karachi Port's world-wide shipping schedule beginning Saturday (September 11, 2021)....

Published 12 Sep, 2021 03:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 5	281.27
USD PKR Interbank Buying / May 5	281.02
USD to Japanese Yen / May 2	144.96
USD to Swiss Franc / May 2	0.83
Pound Sterling to USD / May 2	1.33
Euro to USD / May 2	1.13
UK LIBOR % / May 2	4.96

Stock	Volume
S&P 500 / May 2	5,686.67
Tokyo Nikkei / May 2	36,830.69
Nasdaq / May 2	17,977.73
Hang Seng / May 2	22,504.68
FTSE 100 / May 2	8,596.35
Dow Jones / May 2	41,317.43
Germany DAX 30 / May 2	22,086.65
France CAC40 / May 2	7,770.48
India Sensex / May 5	80,760.93

Item	Value
Karachi Cotton PKR/37.32 KG / May 2	16,985
Gold 10 Grams PKR / May 2	295,353
Petrol/Litre / May 5	252.63
Crude Oil USD/Barrel / May 5	56.45
Gold Spot USD/Ounce / May 5	3,259.32
Diesel/Litre / May 5	256.64
Cotton US¢/pound / May 5	68.55

Gainers
Losers
Leaders

Stock	Price
Gulistan Sp. / May 5 Gulistan Spinning Mills Limited(GUSM)	7.77 ▲ 0.89 (12.94%)
Dewan Mushtaq / May 5 Dewan Mushtaq Textile Mills Limited(DMTM)	8.96 ▲ 1 (12.56%)
Pak Gen.Ins. / May 5 The Pakistan General Insurance Co. Ltd.(PKGI)	8.77 ▲ 0.91 (11.58%)
First Elite Cap.Mod / May 5 First Elite Capital Modaraba(FECM)	15.35 ▲ 1.4 (10.04%)
Bawany Air Products / May 5 Bawany Air Products Limited(BAPL)	30.75 ▲ 2.8 (10.02%)
National Silk / May 5 The National Silk & Rayon Mills Limited(NSRM)	46.71 ▲ 4.25 (10.01%)
Gillette Pak / May 5 Gillette Pakistan Limited(GLPL)	178.21 ▲ 16.2 (10%)
PIA Holding Co.B / May 5 PIA Holding Company Limited B(PIAHCLB)	5,283.26 ▲ 480.3 (10%)
Bela Auto / May 5 Bela Automotives Limited(BELA)	153.67 ▲ 13.97 (10%)
Olympia Mills / May 5 Olympia Mills Limited(OML)	33 ▲ 3 (10%)

Stock	Price
Tariq Corp.Pref. / May 5 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.90 ▼ -0.98 (-12.44%)
Gulshan Sp. / May 5 Gulshan Spinning Mills Limited(GSPM)	3 ▼ -0.34 (-10.18%)
Sec. Inv. Bank / May 5 Security Investment Bank Limited(SIBL)	7.68 ▼ -0.87 (-10.18%)
Apna Microfin. / May 5 Apna Microfinance Bank Limited(AMBL)	9.95 ▼ -1 (-9.13%)
Mandviwala / May 5 Mandviwala Mauser Plastic Industries(MWMP)	17.31 ▼ -1.69 (-8.89%)
Bank of Khyber / May 5 The Bank of Khyber(BOK)	13.12 ▼ -1.27 (-8.83%)
Tri-Star Mutual / May 5 Tri-Star Mutual Fund Limited(TSMF)	8.25 ▼ -0.79 (-8.74%)
Nishat ChunPow / May 5 Nishat Chunian Power Limited(NCPL)	25.17 ▼ -2.35 (-8.54%)
I.C.C. Ind. / May 5 ICC Industries Limited(ICCI)	9 ▼ -0.77 (-7.88%)
Pak. P.V.C. / May 5 Pakistan PVC Limited(PPVC)	7.55 ▼ -0.63 (-7.7%)

Stock	Volume
Hascol Petrol / May 5 Hascol Petroleum Limited(HASCOL)	14,111,631 ▲ 0.67
Sui South Gas / May 5 Sui Southern Gas Company Limited(SSGC)	13,010,603 ▲ 0.57
B.O.Punjab / May 5 The Bank of Punjab(BOP)	12,024,588 ▲ 0.28
WorldCall Telecom / May 5 Worldcall Telecom Limited(WTL)	11,466,714 ▲ 0.05
Power Cement / May 5 Power Cement Limited(POWER)	9,954,928 ▲ 0.27
K-Electric Ltd. / May 5 K-Electric Limited(KEL)	8,033,024 ▲ 0.12
Dewan Cement / May 5 Dewan Cement Limited(DCL)	5,980,124 ▲ 0.38
Maple Leaf Cement / May 5 Maple Leaf Cement Factory Limited(MLCF)	5,511,618 ▼ -0.79
Cnergyico PK / May 5 Cnergyico PK Limited(CNERGY)	4,325,479 ▼ -0.06
At-Tahur Ltd. / May 5 At-Tahur Limited(PREMA)	2,962,720 ▼ -0.65

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