Red Sea Gateway Terminal (RSGT), operator of Saudi Arabia’s largest terminal facility at Jeddah Port, has proposed investing in the operation, maintenance and modernisation of the newly built Patenga Container Terminal (PCT) of Chattogram Port.
The Chattogram Port Authority (CPA) may not have to spend Tk 3,600 crore to acquire 803 acres of khas land for the Bay Terminal project as the government is considering its application to be given the area for free or at a token price.
Two companies, which handle a major portion of Bangladesh's hydrogen peroxide exports, have been forced to stop production as most shipping lines are declining to carry the chemical following a deadly fire at an inland container depot (ICD) last week.