Water transport workers withdraw indefinite strike

Bangladesh’s export earnings hit a record high of $52.08 billion in FY22. However, inflation and economic slowdown across the world impacted the country’s export earnings. Though clothing is the main export product of Bangladesh, the export basket includes many other products that contribute significantly to the economy. Let’s take a look at Bangladesh’s top export products….

COSCO SHIPPING Chancay Port commenced trial operations on 14 November, marked by the successful unloading of new energy vehicles and other transportation products from COSCO SHIPPING HONOR and COSCO TENG FEI at the Peruvian port. The maiden voyage of COSCO TENG FEI, carrying 2,756 vehicles, embarked from China’s port of Shanghai to Chancay and other…

Recently, Indian jute suppliers complained to the Jute Balers Association of India that ‘unregulated import of raw jute’ from Bangladesh and ‘low orders’ for mills have created a serious payment crisis for Indian domestic raw jute suppliers through a letter. Indian Jute Mills Association and Balers Association have also expressed concern over the issue and…

CHATTOGRAM, Dec 28, 2024 – The countrywide work abstention program enforced by Bangladesh Water Transport Workers Federation (BWTWF) to protest the recent killing of 7 crew members has been continuing for second consecutive days today.  The work stoppage of transport workers for indefinite period resulted cargo transportation a standstill across the country that left tones…

The new transport vessel, which has been named “Yoko”「ようこう」 (with pennant number 4101), entered the water in a ceremony held at Naikai Zosen’s Setoda shipyard in Onomichi City of Hiroshima Prefecture on the day. Yoko in Japanese means sunshine, thus conveying a wish for a safe voyage flooded with sunlight. The LSV is about 120 meters long, has a…

Mediterranean Shipping Co (MSC), the world’s largest container line, has completed its buy-in into the port of Hamburg, radically changing the container port landscape in northern Europe in the process.  MSC now controls 49.9% in Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), with the city of Hamburg holding a 50.1% stake in the port’s main terminal…