Although there are around 40 steelmakers in Bangladesh, just four based in Chattogram are currently catering to 53 percent of the total demand, according to market studies and industry insiders.
The Bangladeshi ship MV Abdullah, which was released by pirates after 32 days, is expected to reach the outer anchorage of the UAE port tomorrow evening, a day ahead of its scheduled arrival
The International Maritime Bureau (IMB) has shared an image of the latest position of the ship hijacked by Somali pirates in the Indian Ocean on Monday morning. According to the image, it is heading towards Somalia. Seven-eight armed pirates are most likely heading towards their camp on the Somali coast, according to a crew member who managed to send a voice message to his
Pirates demand $5 million as ransom – The New Nation thedailynewnation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailynewnation.com Daily Mail and Mail on Sunday newspapers.
"The ship managed to send a message to its company on Tuesday around 1:30pm, saying everyone was safe," Meherul Karim, CEO of SR Shipping, told The Business Standard at around 4:35pm.