Shipping Corporation profits sink
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).
23 January 2024, 18:00 PM
Bowing to corruption remains the norm for businesses
Businesses in Bangladesh keep bowing to corruption as it has unfortunately become the way to do business
20 January 2024, 19:30 PM
Tea production in 2023 hit all-time high
Even with record high production, growers feel gloomy as both prices and sales are downwards
18 January 2024, 18:00 PM
Winds of winter and elections bring little joy to tea stalls
Rises prices and a lack of festive election atmosphere didnt help tea sales across the country
6 January 2024, 18:30 PM
Tea growers saw bumper yields in 2023
Bumper yields have made tea production in Bangladesh reach a historic high in 2023, according to industry people
3 January 2024, 18:00 PM
Business at ICDs dropped in 2023
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.
3 January 2024, 00:15 AM
Ctg port’s container handling down in 2023
The Chattogram port has experienced a 2.92 percent year-on-year drop in the number of containers handled in the just concluded year
2 January 2024, 01:10 AM
Container handling to fall for second consecutive 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.
26 December 2023, 16:23 PM
Red Sea impasse to push up cost of importers-exporters
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.
25 December 2023, 15:45 PM
Shipping dept calls owners to sit for solution today
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.
23 December 2023, 18:00 PM
Exporters fear delays, surge in cost
Bangladeshi exporters are apprehending prolonged delays in shipments and a surge in transport costs following recent attacks on commercial vessels on the Red Sea
19 December 2023, 00:15 AM
CPA hopes to sign deals with 2 firms by June
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
14 December 2023, 00:30 AM
Chattogram port in focus as Russian shipping giant expands in Asia
Fesco introduced a container service in Bangladesh as a part of its push to facilitate direct shipping from the Indian subcontinent to Russia.
14 December 2023, 00:20 AM
A never-ending gridlock
The port city’s New Market area has been a traffic menace for decades, making the daily commute a constant struggle for residents.
12 December 2023, 18:00 PM
Bangladesh gets first foreign port operator
Port management in Bangladesh entered a new era yesterday through the appointment of a Saudi Arabia-backed foreign operator
7 December 2023, 00:30 AM
Deal tomorrow for Patenga terminal’s foreign operator
much-awaited deal with a Saudi firm to operate the newly-built Patenga Container Terminal (PCT) at the Chattogram port to be signed tomorrow
5 December 2023, 00:10 AM
Containerised cargo movement ‘normal’: ICDs
19 private ICDs located in and around the port city which handle over 92 percent of the country’s exports
30 November 2023, 23:00 PM
30 vessels wash ashore in Patenga
At least 30 lighter vessels ran aground in different areas on Patenga seashore during Cyclone Midhili last Friday. However, no casualties were reported in the incident.
21 November 2023, 18:00 PM
Patenga container terminal opens today
One and a half years after the completion of construction, the newly-built Patenga container terminal (PCT) at the Chattogram port is finally going to be formally inaugurated.
20 November 2023, 12:25 PM
Shipping Corporation to add 18 new ships to fleet
Aiming to enhance its capacity in transporting seaborne cargo, the state-owned Bangladesh Shipping Corporation (BSC) has taken an initiative to add a total of 18 new ships to its fleet in a short period.
16 November 2023, 18:02 PM