The terminal, with a 616-metre length comprising three container jetties, would be built on 32 acres of land

The SH3 service is operational since July 7 this year

Danish shipping giant Maersk on Monday said it expected its profits in 2024 to be $3 billion higher than previous projections as freight rates have increased amid the crisis in the Red Sea

Maersk reported a net profit of $177 million in the first three months of the year, a 13-fold drop from the same period last year

Maersk will divert all vessels around Africa instead of using the Red Sea and Suez Canal for the "foreseeable future"

Shipping giant Maersk said on Tuesday it would not resume passage through a key Red Sea strait "until further notice,"

Maersk suspending its vessels' passage through a key Red Sea strait for 48 hours, following an attack by Yemeni rebels on one of its merchant ships

 Denmark's Maersk is preparing to resume shipping operations in the Red Sea and the Gulf of Aden, the company said on Sunday, citing the deployment of a US-led military operation designed to ensure the safety of commerce in the area

Maersk Group CEO to meet PM Hasina

It will be ready by April 2024, the Danish logistics giant says

Maersk is building a 100,000-square-foot warehouse in the port city of Chattogram to expand its capacity further, said the global shipping services company.

Maersk raised its 2022 profit guidance for a second time on Tuesday after beating quarterly revenue expectations as congested global supply chains that have boosted freight rates persist longer than expected.