Trends - Maersk - Business Recorder

Maersk

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

Business & Finance

Maersk Pakistan waives off ‘Container Security Deposit’

KARACHI: Maersk has been undergoing a transformation over the last few years wherein the company has moved from ...

Published 01 May, 2021 03:28am

Business & Finance

Maersk backs plan for large green ammonia plant in Denmark

There is a very real sense of urgency in curbing shipping's emissions, and we must develop scalable carbon neutral fuels.
"Therefore, we welcome this project as an important development of green ammonia supply in the future."

Published 23 Feb, 2021 05:28pm

Business & Finance

Maersk to launch first carbon neutral ship

COPENHAGEN: Danish shipping giant AP Moller-Maersk announced Wednesday it would launch the “world’s first carbon...

Updated 22 Feb, 2021 09:57am

Business & Finance

Maersk boosted by trade recovery, but misses forecasts

Maersk expects EBITDA of $8.5 billion-$10.5 billion this year, compared with the $10.3 billion expected by analysts and $8.3 billion achieved last year.

Published 10 Feb, 2021 01:41pm

Business & Finance

Maersk says European lockdowns have not dented demand for shipping

There are simply not enough containers in the world to cope with the current demand.
We don't really see a big change in demand, even with new lockdowns in Europe.

Published 06 Jan, 2021 05:03pm

Markets

Rio Tinto names Stausholm as CEO in surprise pick after cave destruction

A parliamentary inquiry has called on Rio to pay restitution to Indigenous Australians affected by the destruction and also fully reconstruct the rock shelters.

Published 18 Dec, 2020 10:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.61
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
India Sensex / Apr 25	74339.44
Tokyo Nikkei / Apr 25	37628.48
Nasdaq / Apr 25	15611.76
Hang Seng / Apr 25	17284.54
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28

Item	Value
Crude Oil USD/Barrel / Apr 25	83.77
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Gold Spot USD/Ounce / Apr 25	2331.28
Cotton US¢/pound / Apr 25	81.08
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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