RSGT Bangladesh Invests $30 Million in Four STS Cranes

Industry: Logistics & Shipping, Shipping
Company: Red Sea Gateway Terminal (RSGT)

Red Sea Gateway Terminal (RSGT) Bangladesh will invest $30 million to procure four ship-to-shore (STS) cranes for Patenga Container Terminal (PCT) at Chattogram port, following a $26 million purchase of 14 rubber-tyred gantry (RTG) cranes. The Chinese firm SANY Marine Heavy Industry will supply the STS cranes, expected to arrive by Q1 2026. These custom-built cranes will boost PCT’s annual handling capacity from 250,000 TEUs to 600,000 TEUs, enhancing efficiency and reducing logistics costs. RSGT Bangladesh, a subsidiary of Saudi-based RSGTI, signed a 22-year concession agreement with Chattogram port in December 2023. Since June 2023, the terminal has been handling export containers via geared vessels. CEO Erwin Haaze emphasized RSGT’s collaboration with key stakeholders, including the Chittagong Port Authority and National Board of Revenue, to modernize Bangladesh’s logistics infrastructure and improve operational efficiency.

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