Business

Maersk Line Pushes Restart in Maldives

Maersk Line announced it has restarted shipping operations to the Republic of Maldives on the heels of the rapidly growing market and meeting customer needs.

The world’s largest container shipping company introduced a weekly service between Colombo and Male in an initiative aiming to provide a strategic trade opportunity to countries in South Asia.

“Maldives has a flourishing tourism market and offers an excellent opportunity for global trade. Interestingly, around 90 per cent of Maldives trade is import driven and spearheaded by China, India and Sri Lanka. We believe that the weekly feeder service between Colombo, Sri Lanka and Male, Maldives will facilitate better trade in the region. Besides, we are now equipped with better control and processes to handle these locations and thus will prove to be a reliable, convenient and time-saving service,” said Steve Felder, Maersk Line Managing Director for India, Sri Lanka, Bangladesh, Nepal, Bhutan and Maldives.

Maersk Line is the market leader on the trade lanes from China and India into Sri Lanka. The new service will offer customers access to the best-in-class network and better cargo connectivity with an optimal transit time of 18-26 days.

“China, India and Sri Lanka being main origins for Maldivian imports, exporters in these markets will benefit the most by having a reliable and trusted -partner in Maersk Line” Felder added.

Full details are available at the link below:

Source URL: Bing News :

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