Ministry opts to hand over New Mooring Container Terminal to CPA

Bangladesh moves to hand over Chittagong Port Terminal to CPA | Trade Data News Bangladesh

In a significant development concerning Bangladesh’s crucial port infrastructure, the Ministry of Shipping has decided in principle to transfer the operation of the New Mooring Container Terminal (NCT) at Chittagong Port back to the Chittagong Port Authority (CPA) for a six-month period. This move comes as the current private operator, Saif Powertec Limited, faces the […] The post Bangladesh moves to hand over Chittagong Port Terminal to CPA app…

Ministry opts to hand over New Mooring Container Terminal to CPA

The authorities have decided in principle to let the Chittagong Port Authority (CPA) take charge of the New Mooring Container Terminal (NCT) for six months amid opposition from major political parties to appointing a foreign operator.