Bizdata Insights Main Logo

Maersk Proposes New Laldia Terminal at Ctg Port

Industry: Logistics & Shipping, Shipping
Company: Maersk
Company Intelligence Tag: Business Insights

Danish shipping giant AP Moller Maersk’s proposal to invest approximately $450 million in constructing a new container terminal at Chattogram Port’s Laldia has received positive consideration from the government. APM Terminals, a subsidiary of Maersk, submitted the proposal, which was well-received by the Chittagong Port Authority (CPA). CEO of Maersk group and a Danish delegation are set to discuss the investment with Prime Minister Sheikh Hasina. The CPA previously approved Maersk’s plan for technical assessment. Notably, a previous public-private partnership project for a terminal at Laldia Char had been canceled due to encroachment issues. The potential investment aligns with CPA’s projection of attracting $7 billion in foreign investment to the port within three years, garnering industry support for enhanced services.

Source for more details:

Related News

India Expands Northeast Air Connectivity to Dhaka

December 4, 2023

India has approved four new air routes connecting its northeastern states with international destinations, including Dhaka and Chattogram, as part of the "Udan" project for regional air connectivity.

Biman Bangladesh Expands Middle East Flight Operations

December 4, 2023

Biman Bangladesh Airlines responds to rising demand by expanding flight services on key Middle East routes. Effective 28 December, BG235 introduces direct flights between Sylhet and Jeddah every Thursday, enhancing travel options to Saudi Arabia. Beginning 21 February 2024, BG236 offers direct Jeddah-Sylhet flights every Wednesday to cater to expatriates and pilgrims.

Mongla Port Revenue Hits Tk 30,241.68 Crore

December 3, 2023

Mongla Port, reported earnings of Tk 30,241.68 crore in the fiscal year 2022-23, according to the Mongla Port Authority. During the same period, the port welcomed 827 commercial ships, handled 99.05 lakh tonnes of cargo, and processed 26,583 TUS containers.

UNIDO Adopts BD’s Resolution for Sustainable Supply Chain

December 3, 2023

The United Nations Industrial Development Organization (UNIDO) endorsed Bangladesh's resolution on enhancing member states' capabilities in building resilient and sustainable supply chains during its 20th General Conference in Vienna. With participation from leaders of 172 member states, the week-long conference addressed the disruptions caused by the COVID-19 pandemic and the Ukraine war to global supply chains.

FAS Finance Reports Tk 2.03 Billion Loss

December 2, 2023

FAS Finance & Investment faces a grim fate, with continuous losses over nearly five years, leaving the first-generation financial institution on the brink of collapse. The latest financial results for the nine months through September reveal a loss of Tk 2.03 billion, accumulating to nearly Tk 16 billion in losses until September 2023.

Loopdot Fashion’s $6.8 Million Export Fraud Exposed

December 2, 2023

A major export fraud involving Loopdot Fashion Limited in Mymensingh, Bangladesh, has been exposed, with 225 consignments of garments falsely exported, totaling $6.8 million or 75 million taka. The fraud was revealed during the seizure of two consignments

Related News

India Expands Northeast Air Connectivity to Dhaka

December 4, 2023

India has approved four new air routes connecting its northeastern states with international destinations, including Dhaka and Chattogram, as part of the "Udan" project for regional air connectivity.

Biman Bangladesh Expands Middle East Flight Operations

December 4, 2023

Biman Bangladesh Airlines responds to rising demand by expanding flight services on key Middle East routes. Effective 28 December, BG235 introduces direct flights between Sylhet and Jeddah every Thursday, enhancing travel options to Saudi Arabia. Beginning 21 February 2024, BG236 offers direct Jeddah-Sylhet flights every Wednesday to cater to expatriates and pilgrims.

Mongla Port Revenue Hits Tk 30,241.68 Crore

December 3, 2023

Mongla Port, reported earnings of Tk 30,241.68 crore in the fiscal year 2022-23, according to the Mongla Port Authority. During the same period, the port welcomed 827 commercial ships, handled 99.05 lakh tonnes of cargo, and processed 26,583 TUS containers.

UNIDO Adopts BD’s Resolution for Sustainable Supply Chain

December 3, 2023

The United Nations Industrial Development Organization (UNIDO) endorsed Bangladesh's resolution on enhancing member states' capabilities in building resilient and sustainable supply chains during its 20th General Conference in Vienna. With participation from leaders of 172 member states, the week-long conference addressed the disruptions caused by the COVID-19 pandemic and the Ukraine war to global supply chains.

FAS Finance Reports Tk 2.03 Billion Loss

December 2, 2023

FAS Finance & Investment faces a grim fate, with continuous losses over nearly five years, leaving the first-generation financial institution on the brink of collapse. The latest financial results for the nine months through September reveal a loss of Tk 2.03 billion, accumulating to nearly Tk 16 billion in losses until September 2023.

Loopdot Fashion’s $6.8 Million Export Fraud Exposed

December 2, 2023

A major export fraud involving Loopdot Fashion Limited in Mymensingh, Bangladesh, has been exposed, with 225 consignments of garments falsely exported, totaling $6.8 million or 75 million taka. The fraud was revealed during the seizure of two consignments

Shopping cart

0
image/svg+xml

No products in the cart.

Continue Shopping

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here