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Bangladesh spends at least $9 billion in freight charges per annum, while local ocean going vessels could tap only 8-10% at best owing to a dearth of vessels Legal protection, tax benefits and rising freight charges – all these have encouraged new entrepreneurs to sign up in the ocean going shipping sector with intent to ...
Karnaphuli to expand fleet of container vessels Will invest Tk 225cr to add 4 ships; subsidiary HR Lines to expand service on Ctg-Colombo route MV Sahare, one of the container vessels owned by HR Lines Ltd, leaves Singapore port. Photo: COLLECTED Within a year of stepping into container feeder vessels operation between Chattogram and two regional hub ports, Karnaphuli Ltd is going to buy four more ships to expand its footprint in the region. HR Lines Ltd, a subsidiary of Karnaphuli Ltd, is set to inaugurate a weekly service on the Chattogram-Colombo route by March with two vessels to be dep...