Bangladesh is a maritime country with 710 KM of coastline at the vertex of the Bay of Bengal. It has two major seaports largest, and busiest one is in Chittagong and the other port is in Mongla at Khulna. Another port named Paira in Potuakhali District is under construction. Besides, a deep sea port named Matarbari Port is under construction for importing coal required... Read More
SUMMARY: The government will soon embark on an alliance with foreign investors with the intent to lay the foundations of a shipbuilding facility. The government of Bangladesh is just one step away from attaining its colossal objective to construct a state-of-the-art shipyard with the biggest foreign direct investment (FDI) of $1.58 billion. This tremendous plan of action will be carried... Read More
Bangladesh Shipping Corporation (BSC) has plans to procure six ships -- two mother bulk carrier ships, two mother tankers and two mother product oil tankers -- to meet the growing demand for transportation services. BSC has already taken up a project to procure the six ships. The BSC managing director also said that they have a plan to carry all... Read More
Summary: The verdict of the Competition Commission not being enough to handle the issue needs further actions from the government to form a body on transport management and fixing fares. Content: The surge in charges for transportation of goods at seaports under a ‘monopoly' in lighter-vessel operations, according to a case trial, is a major cause of excessive costs that customers have... Read More
LAWS RELATING TO MARITIME LIEN AND MARITIME CLAIMS IN BANGLADESH A traditional maritime lien is a secured right in the “res", i.e., in the property of another (ordinarily the ship), which arises with the claim, without registration Or other formalities it; travels with the vessel even if it is sold to third party; Which remains with the vessel until it... Read More
Summary: Prices to ship containers from Asia to the U.S. And Europe have gone high due to the disruptions across the supply chain that triggered bottleneck inland distribution and delays. The executives in the shipping industry expect this situation to remain for the rest of the year. Content: According to a global pricing index by London-based Drewry Shipping Consultants, the average price... Read More
Summary: The continuous global clamor for attention towards the ship’s carbon emission has pushed the International Maritime Organization to take measures to reduce pollution caused by ships. The IMO will also research market-based incentives for the purpose of adopting such mechanisms by 2024. Content: To face the rising pressures from the government and its own ranks over environmental goals, The IMO... Read More
[Source: IMO] Maritime cyber risk refers to a measure of the extent to which a technology asset could be threatened by a potential circumstance or event, which may result in shipping-related operational, safety or security failures as a consequence of information or systems being corrupted, lost or compromised. Cyber risk management means the process of identifying, analysing, assessing and communicating... Read More
Source: The Business Standard [Source: The Financial Express] The Matarbari power plant project was conceived in the government plan in September 2011 and received environmental approval in October 2013. The ground-breaking ceremony for the project was held in January 2018 as its operation is expected to begin by June 2023. Officials said a new deep-sea port facility named Matarbari Port would... Read More
COVID-19: COLLISION RISK AT CHITTAGONG PORT, BANGLADESH The width of the navigational channel of the Karnaphuli river varies from place to place. The propelling distance from the pilot ground at the outer anchorage to the main jetties of Chittagong port is approximately 11 nautical miles. In the navigational channel, there are three bars namely the Outer Bar, the Inner Bar... Read More
