Maersk has strengthened its commitment in Pakistan by registering 33% growth in exports out of the country in Q1 2022. Most of the growth contribution comes from the export of a variety of food items, refrigerated cargo and high value textiles and garments as Maersk makes more containers and vessel space available for Pakistani exporters. The commitment follows a successful year for the company.
Maersk’s work with Pakistani exporters is yielding solid results, as indicated by the growth in exports registered by Maersk in the first quarter of 2022. After a slump in exports in 2021 due to the various challenges arising from the global pandemic, the local exporters have shipped almost 33% more containers out of the country between January and March this year on Maersk vessels compared to the same period last year. Maersk’s efforts to ensure access to empty containers and space on vessels have made a real difference in the last quarter.
One of the biggest challenges facing customers was the availability of containers and space on vessels. Maersk understood requirements and priorities through dialogue with its customers and could forecast the demand and supply equation more accurately. This has helped it plan the movement of its containers effectively, thus making empty equipment available for the exporters to ship their cargo out to the global market.
The growth in exports has been across all types of exporters – the ones who have long-term contracts with Maersk, the ones who are booking their shipments in the short term, and the small & medium enterprises (SMEs) who are utilising Maersk’s digital platforms such as Twill. Maersk Spot and Twill booking platforms have seen growth of 57% in the first quarter of 2022 compared to 2021.
Maersk Pakistan has been working on ensuring that the Pakistani exporters get better access to containers, vessel space, and digital platforms and creating solutions through the various stages of their cargo’s journey. With the creation of dedicated warehousing and distribution solutions for customers in the retail and pharmaceutical sectors, innovative cold chain logistics solutions for the meat and vegetable industry, and the offering of visibility and tracking solutions such as TradeLens, Maersk Pakistan is heavily investing in simplifying and connecting the complex supply chains for its customers.
Source: Maersk
