Freight rates drop 50% as global trade slows | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Bangladesh’s export to Europe is going to have a much less lead time and cost from February as a direct freight service is starting from Chattogram port to Europe – the country’s biggest apparel export destination. The first ship on the route, carrying export goods, will leave Chattogram for the Port of Ravenna in Italy .
The Mercantile Marine Office has alleged that shipping agents are misleading it with false information as well as violating several provisions of the Bangladesh Flag Vessels (Protection of Interest) Act. Moreover, terming the law “not realistic”, shippers have demanded amendments to it. In recent correspondences, the two parties have noted their observations and arguments. The .