Maersk gets initial nod to install container terminal in Ctg port | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
July 23, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JULY 23, 2025
Maersk gets initial nod to install container terminal in Ctg port

Economy

BSS
31 August, 2023, 04:05 pm
Last modified: 31 August, 2023, 05:05 pm

Related News

  • Bangladesh Navy takes over operation of port's New Mooring Container Terminal
  • 3-month interim extension sought for Saif Powertec to operate Ctg port terminal
  • Revisiting Chittagong Port: Welcoming changes and looking to the future
  • Maersk warns global container volumes could drop due to trade war
  • Shipping ministry hikes on-board container handling fee by Tk175 to ease port tensions

Maersk gets initial nod to install container terminal in Ctg port

“We (CPA) reviewed the Maersk proposal and gave our initial approval after the Shipping Ministry sought our opinion . . . we now await the shipping ministry decision,” CPA chairman Rear Admiral Mohammad Sohail told BSS.

BSS
31 August, 2023, 04:05 pm
Last modified: 31 August, 2023, 05:05 pm
Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain on 20 January 2023. File Photo: REUTERS/Jon Nazca
Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain on 20 January 2023. File Photo: REUTERS/Jon Nazca

The Chittagong Port Authority (CPA) has said they gave their initial approval to Copenhagen-based port and cargo operator Maersk Group to set up a new container terminal near the country's main seaport, officials said.

"We (CPA) reviewed the Maersk proposal and gave our initial approval after the Shipping Ministry sought our opinion . . . we now await the shipping ministry decision," CPA chairman Rear Admiral Mohammad Sohail told BSS.

He said the Danish shipping and logistic giant came up with the proposal to build and operate a new container terminal at Laldia area near the port facility and if the scheme was approved this would be the Chittagong port's fourth container terminal.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

CPA officials said under the port authority's oversight the three existing container terminals were now being handled by Saif Powertech, a Bangladeshi enterprise and if approved Maersk Group would be the first operator of a new CPA container terminal.

The CPA comments came a day after Maersk's Chief Executive Officer Robert Maersk Uggla called on Prime Minister Sheikh Hasina who said Bangladesh would consider the group's proposal while a national committee was formed to formulate logistic policy for the development of ports.

The CPA chief said a new terminal was needed for the port's efficient and enhanced operation by increasing its container handling capacity and acknowledged Maersk as one of the world's largest container handler.

"A new terminal is likely to help increase foreign orders for our readymade garments (RMG). The new terminal will also generate direct employment opportunities," Sohail added.

During the call on with the premier Uggla said Bangladesh had great potentials in the areas of container shipping and logistic supports and assured her that if allowed to build and operate the new terminal, his company would reflect her vision for a smart Bangladesh.

He also pointed out that the Danish government was very much supportive to the logistic policy while international brands H&M, M&S, Walmart and other big companies were interested to import more RMG products from Bangladesh.

Global ports and terminal operator APM Terminals, a subsidiary of Danish shipping company AP Moller Maersk, submitted the proposal to the shipping ministry in April this year for investing around $450 million to construct the new terminal at Laldia area of the port.

Bangladesh Shipping Agents Association already welcomed the proposal with its chairman Syed Mohammad Arif saying Maersk Line owned most containers that carry imported and exported goods through Chattogram port.

Bangladesh / Top News

Maersk / Chittagong Port Authority (CPA) / Chittagong Port / terminal

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • BNP Secretary General Mirza Fakhrul Islam Alamgir. File Photo: Collected
    CA will soon make formal announcement on election to eliminate all ambiguity: Fakhrul
  • The meeting is being held at the chief adviser’s official residence Jamuna. Photo: CA Press Wing
    CA Yunus holding meeting with 13 political parties
  • NIBPS Director Dr Nasir Uddin speaks at a press briefing, 22 July, 2025. Photo: TBS
    Milestone tragedy: 8 out of 44 patients in critical condition at burn institute

MOST VIEWED

  • Screengrab/Video collected from Facebook
    CCTV footage shows how Air Force jet nosedived after technical malfunction
  • Photo: Collected
    Bangladeshi man jailed for life in UK for murdering wife in front of their baby
  • Why Bangladesh's capital market is poised for a bull run
    Why Bangladesh's capital market is poised for a bull run
  • ISPR clarifies crashed plane was battle aircraft, not training jet
    ISPR clarifies crashed plane was battle aircraft, not training jet
  • Photo: Syed Zakir Hossain/TBS
    Secretariat protest: 75 injured in police-protester clash over edu adviser's resignation for delaying HSC rescheduling
  • Exim Bank's former chairman Nazrul Islam Majumder being taken to court on 22 July 2025. Photo: Collected
    Will repay all money if granted bail, won’t run away, ex-Exim Bank chair Nazrul tells court

Related News

  • Bangladesh Navy takes over operation of port's New Mooring Container Terminal
  • 3-month interim extension sought for Saif Powertec to operate Ctg port terminal
  • Revisiting Chittagong Port: Welcoming changes and looking to the future
  • Maersk warns global container volumes could drop due to trade war
  • Shipping ministry hikes on-board container handling fee by Tk175 to ease port tensions

Features

Photo: Mehedi Hasan/TBS

Aggrieved nation left with questions as citizens rally to help at burn institute

1d | Panorama
Photo: TBS

Mourning turns into outrage as Milestone students seek truth and justice

19h | Panorama
Illustration: TBS

Uttara, Jatrabari, Savar and more: The killing fields that ran red with July martyrs’ blood

1d | Panorama
Despite all the adversities, girls from the hill districts are consistently pushing the boundaries to earn repute and make the nation proud. Photos: TBS

Ghagra: Where dreams rise from dust for Bangladesh women's football

2d | Panorama

More Videos from TBS

What is the latest status of Milestone?

What is the latest status of Milestone?

6m | TBS Today
Elephant hits moving train

Elephant hits moving train

16m | TBS Stories
Postponed HSC exams to be held on same day: Education Adviser

Postponed HSC exams to be held on same day: Education Adviser

31m | TBS News Updates
80 Columbia University students punished for pro-Palestinian protest

80 Columbia University students punished for pro-Palestinian protest

1h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net