Maersk talks to government and banks to keep Pakistan trade flowing

Danish giant continuing dialogue in the face of warnings about country’s lack of US dollars

2 February 2023 1:31 GMT Updated 2 February 2023 16:34 GMT

in London

AP Moller-Maersk has revealed it is helping shipments to keep moving out of Pakistan despite the country’s foreign exchange crisis.

Last month, shipping agents in Pakistan warned that overseas container lines could halt export sailings after banks stopped making freight payments due to a lack of US dollars.

Pakistan’s container shipments said to be under threat as dollar reserves dry up

Maersk told TradeWinds the country is an extremely important one for the group “from the perspective of playing the role of an enabler of global trade”.