M.M. Group was established in the year 1986, by a team of dedicated professionals having the sole objective to provide quality services and products for the benefit and care of valued clients. The pioneer company of the group was M.M. Marine Services Private Limited. M.M. Marine Services Private Limited established in 1988 to serve marine professionals having the sole objective to provide integrated marine services. Company has all Pakistan Shipping license initially engaged in marine agency services and over the year captured the major share of ship agency. Asia Trade and Transport Private Limited established in 1990 to provide Ship Management Services (including technical, commercial, logistics, general and personal, agency and feeder services. The Company provides agency services to M/s. SimaTech Shipping and Trading LLC which is considered one of the market leaders in Feeder Operation in the region.
Marine Pride shipping and Trading Corporation Private Limited was established in 1996 and owned two vessels PRIME – I and PRIME II. The core area of activity is Chartering, Sales and Purchase of demo vessels, contracts of affreightment for public and private sectors. Marine Pride Shipping and Trading is also owner member of BIMCO, (The Baltic and International Maritime Council) an independent international shipping association, based in Bagsværd Denmark with a membership composed of ship owners, managers, brokers, agents and many other stakeholders with vested interests in the shipping industry. Pride Ship Breaker is the ship breaking arm of the group was established in 1998, it has its own demolition yard at Gidani coast with the berthing and breaking capacity of 4 to 5 ship at a time.
M.M. Services the stevedoring arm of the Group was established in 2003 to provide the cargo handling at KPT, Bin Qasim and Gawader port. The Company owns Grabs with the capacities of 6.5 tons to 22 tons, Hoppers, Bagging Plants and Lifters etc. M. M. Services has the license to provide cargo handling service on all three ports of Pakistan, Karachi Port, Port Qasim and the Gawader Port. The M. M. Terminal Operator is the joints venture of four in house company of M. M. Group and one outsourced company of clearing forwarding working at Port Qasim to provide the one window service of Cargo Handling Company (CHC). MMTO has joint venture arrangements for unloading wheat using PNEUMATIC evacuators.
The Group has successfully diversified its business portfolio by establishing M. M. Commodities and M. M. Rice Mills Private Limited. M.M. Commodities was established in early 2002 as trading arm of M. M. Group concentrating on Rice export , the company is also in coal importer and wheat. Export performance over the years since establishment has brought many awards. M.M. Commodities is three times recipient of Export Trophies for the year 2003-04, 2004-05 and 2005-06 from the Federation of Pakistan Chamber of Commerce & Industry (FPCCI), Rice Export Association of Pakistan (REAP) trophy for the year 2002-03 and Achievers of Industrial Excellence Trophy in 2006 from Ceylon Chamber of Commerce and Industry (CNCI) competed by SAARC countries. The Company achieved Best Exporter Gold Medal for the year 2009 from Karachi Chambers of Commerce & Industry (KCCI). At home M.M. Commodities is the member of Karachi Chamber of Commerce and Industry, Rice Export Association of Pakistan and Wheat Traders Association of Pakistan and abroad Grain and Feed Trade Association of London.
M.M. Rice Mill Private Limited was established in late 2007 to cater for export demands with quality assurance. The Mill is well equipped with the latest plants and machinery with total present capacity of 50 MT/hour per. The group has plan to double current capacity to meet increasing demand with quality assurance to our valued clients abroad. The Group also owns number of weather proof warehouse in the various industrial Zone of Port Qasim. M. M. Storage Park one of the largest weather proof warehouse in Karachi established on 25000 thousand sq. Meter storage capacity of 30000 MT is located about 1 KM from the Port Qasim Main entrance gate.
In early 2009 the Group decided to further diversify into the financial sector. M. M. Group established M. M. Securities Private Limited (formerly M.M. Commodities Private Limited) in February 2009 and acquired the membership of Karachi Stock Exchange (Guarantee) Limited in March 2009 and membership of National Commodity Exchange Limited in April 2009. M. M. Securities Private Limited started the brokerage operation from July 2009 to serve retail clients only but currently strives to facilitate Institutional, Corporate and High Net worth clients. M. M. Securities Private Limited is the pioneer of Rice trade (IRRI6) in National Commodity Exchange Limited on 19th November 2009 and completed the physical settlement of the contract.