Congratulations to Penta-Ocean Construction Co., Ltd., on their opening of the channel of Matarbari Deep Sea Port.

12/11/2023 | | Construction, International, Investment, Shipping

Rahman's Chambers is delighted to congratulate our client, Penta-Ocean Construction Co., Ltd., on the opening of the channel of Matarbari Deep Sea Port. This is a landmark project that will have a significant impact on the Bangladesh economy and improve the lives of millions of Bangladeshis. Penta-Ocean Construction Co., Ltd. played a vital role in the development of the constructing... Read More

Appointment of Contractors in November for the construction of the Matarbari deep-sea port

29/10/2023 | | Construction, Investment, Shipping

Summary: Next month (November), contractors are expected to be appointed by the Chittagong Port Authority (CPA) for the construction of Matarbari Deep-sea Port. It is anticipated that the evaluation of tenders submitted for the construction work of the port will be completed soon. Afterwards, the authorities will proceed with the appointment of contractors for both sides, namely Chittagong Port and... Read More

WEBINAR ON FUNDAMENTAL RIGHTS, JUDICIAL REVIEW & WRITS IN BANGLADESH

12/10/2023 | | Seminars / Webinars / Conferences, Shipping

Procedural violations or administrative actions taken without following due procedure, arbitrarily, unreasonably, or in violation of fundamental rights, etc, can be expeditiously resolved by judicially reviewing the same, popularly known as a filing writ petition, before the Hon’ble High Court, where there is no other efficacious alternative forum available.  In 2023, the High Court Division, by a judgment and order... Read More

No compensation will be given by CPA for cargo damage

07/10/2023 | | Commercial, Dispute Resolution, Shipping

Summary The Chittagong Port Authority (CPA) has recently announced that they will not be liable for any compensation claims made by port users who have suffered damages as a result of the heavy rainfall and severe floods in the port areas since 5th August. Content The Chittagong Port Authority (CPA) issued a notification last week as they anticipated prospective claims due to... Read More

Agreement on Fisheries Subsidies has been formally accepted by New Zealand

13/09/2023 | | International, Investment, Shipping

Summary: New Zealand accepted the Agreement on Fisheries Subsidies on September 6th, becoming the first country from the Oceania region to do so. Trade and Export Growth Minister Damien O'Connor and Director-General Ngozi Okonjo-Iweala celebrated the achievement in a virtual meeting. New Zealand's contribution of CHF 100,048 to the WTO Fisheries Funding Mechanism was praised by DG Okonjo-Iweala.  Content: New Zealand is... Read More

HYBRID SEMINAR ON DISPUTES INVOLVING CHARTERPARTY IN BANGLADESH

05/12/2022 | | Seminars / Webinars / Conferences, Shipping

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

Biggest FDI in the offing for Shipbuilding

12/03/2022 | | Capital Market, Finance, Shipping

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 Competition Commission gives a verdict against the Water Transport Cell

26/12/2021 | | Commercial, Shipping

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

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