KARACHI: The Union of Small and Medium Enterprises (Unisame) has felicitated Hasan Faraz on taking charge as the area head of Maersk Pakistan, a statement said on Thursday. Unisame President Zulfikar Thaver said, “We are indeed very happy to have Hasan Faraz to head Maersk in Pakistan and are confident that with his experience and … Read more
COPENHAGEN – Danish shipping giant, AP Moeller-Maersk, said Wednesday it has agreed to acquire LF Logistics, a subsidiary of Chinese supply chain manager Li & Fung, for $3.6 billion as it seeks to expand beyond its core ocean freight business. “Maersk is now taking another significant step to provide our customers with integrated logistics… shifting the … Read more
COPENHAGEN: Driven by a huge demand for freight, coupled with increased freight rates, the Danish shipping giant Maersk achieved record profits in the third quarter of 2021, according to the company’s interim accounts. “Revenue was up 68 per cent to $16.6 billion, compared with the same quarter [of the] last year, earnings before interest, taxes, … Read more
