Dwaipayan Barua

Hijacked ship’s crew member tells his mother over phone

Says a crew member of the hijacked ship in a voice message sent to his brother

Neither the government nor the firm that owns the Bangladesh-flagged ship hijacked with 23 crew members has been able to contact the hostages or pirates as of last night.

AP Moller Maersk, a Danish shipping and logistics company, will likely invest between $300 and $400 million for constructing the Laldia container terminal at Chattogram Port, according to project officials.

Armed robberies of domestic and foreign vessels coming into the Chattogram port decreased sharply in the concluding year, according to two international organisations.

Govt guidelines issued for ships using the route

A section of lighter vessel operators and cargo agents in Bangladesh are not accepting the interim solution for allocating ships to transport import cargo from Chattogram port via inland waterways, citing preferential treatment in the selection process.

Bangladesh Shipping Corporation (BSC) saw its earnings per share (EPS) plunge 26 percent year-on-year to Tk 3.29 in the October-December period of the current fiscal year, according to disclosure on the Dhaka Stock Exchange (DSE).

Businesses in Bangladesh keep bowing to corruption as it has unfortunately become the way to do business

Even with record high production, growers feel gloomy as both prices and sales are downwards

Rises prices and a lack of festive election atmosphere didnt help tea sales across the country

Bumper yields have made tea production in Bangladesh reach a historic high in 2023, according to industry people

KDS Logistics Limited managed to retain its position as the top private inland container depot (ICD) in terms of handling export and import cargoes in 2023, a year when business in ICDs saw a year-on-year decline of nearly 11 per cent.

The Chattogram port has experienced a 2.92 percent year-on-year drop in the number of containers handled in the just concluded year

For the second year in a row, the Chattogram seaport may face a drop in annual container throughput due to frequent declines in monthly container handling.

Importers and exporters in Bangladesh started to feel the pinch of the transit disruption through the Red Sea route as major shipping lines announced, and in some cases even began implementing, additional surcharges to cover costs for re-routing their vessels around Africa’s Cape of Good Hope following attacks by the Yemen-based Houthi militant group on the Indian Ocean.

The Department of Shipping (DoS) has called a meeting at its Dhaka office today in the afternoon for lighter vessel owners to sit and fix a rift in a platform which coordinates the renting out of the vessels in rotation.

Bangladeshi exporters are apprehending prolonged delays in shipments and a surge in transport costs following recent attacks on commercial vessels on the Red Sea

CPA is hopeful of signing agreements with two global firms by June next year for the construction of two of three container terminals under a mega Bay Terminal project

Fesco introduced a container service in Bangladesh as a part of its push to facilitate direct shipping from the Indian subcontinent to Russia.