Maersk Line eyes long-term trade pact

KATHMANDU: Maersk Line, the global containerised division of the Maersk Group, at a recently concluded trade meeting here, announced its intent to push for acceleration in trade in the country.

The Nepal import market doubled in the past five years and Maersk Line is confident of a continued momentum in this direction, as per a media release.

In June 2017, Maersk Line moved the first-ever container shipment from Visakhapatnam to Nepal, via an exclusive block train service aptly named ‘Kathmandu Express’.

This service offers a guaranteed fixed transit time from the load port to ICD Birgunj, just over Nepal border. Maersk Line is the first shipping line to introduce this innovative product.