Pakistan, Bangladesh plan to launch passenger, cargo shipping services

News Image

MG News | February 12, 2025 at 12:43 PM GMT+05:00

February 12, 2025 (MLN): Pakistan and Bangladesh have agreed to initiate passenger and cargo shipping services to enhance maritime cooperation and strengthen bilateral ties, the Pakistan National Shipping Corporation (PNSC) stated.

The decision follows a meeting between Bangladesh High Commissioner Iqbal Hussain Khan and PNSC Chairman Sultan Ahmed Chawla, where both sides explored avenues for deeper collaboration in trade, industry, and maritime logistics.

Pakistan and Bangladesh, once part of the same country before their separation in 1971, have recently seen a warming of relations, particularly after the ouster of former Bangladeshi Prime Minister Sheikh Hasina.

The change in leadership, with Nobel laureate Muhammad Yunus heading Bangladesh’s interim government, has led to increased diplomatic and economic engagements between the two nations.

The planned shipping service is part of broader efforts to improve connectivity. It follows recent interactions between top officials, including two meetings between Prime Minister Shehbaz Sharif and Bangladesh’s interim leader.

Other initiatives include discussions on direct flights between Dhaka, Islamabad, and Karachi, and agreements such as the establishment of a joint business council and a memorandum of understanding for rice exports.

Bangladesh High Commissioner Khan welcomed the maritime initiative, emphasizing its potential to boost trade and diplomatic relations, according to the press release.

PNSC Chairman Chawla reaffirmed the corporation’s commitment to supporting regional trade and ensuring smooth logistics between the two countries.

Both sides expressed confidence that the new shipping services would pave the way for further cooperation in the maritime sector, fostering economic growth and stronger regional connectivity.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 177,039.83
457.43M
2.69%
4639.92
ALLSHR 106,439.15
980.52M
2.42%
2511.25
KSE30 52,890.43
243.06M
2.84%
1462.27
KMI30 253,474.66
222.84M
2.73%
6731.57
KMIALLSHR 69,154.67
541.49M
2.45%
1654.73
BKTi 48,191.73
63.48M
2.59%
1217.44
OGTi 35,876.09
14.73M
1.97%
692.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,465.00 66,470.00
66,415.00
-110.00
-0.17%
BRENT CRUDE 83.36 85.93
82.40
-3.97
-4.55%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
3.75
3.14%
ROTTERDAM COAL MONTHLY 125.00 125.00
125.00
-6.00
-4.58%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 81.07 81.41
81.07
0.32
0.40%
SUGAR #11 WORLD 13.64 13.90
13.61
-0.06
-0.44%

Chart of the Day


Latest News
June 15, 2026 at 10:04 PM GMT+05:00

Big industry output grows 6% YoY in April 2026


June 15, 2026 at 07:01 PM GMT+05:00

Pakistan, Alibaba strengthen E-commerce ties


June 15, 2026 at 06:30 PM GMT+05:00

CM orders crackdown on wheat hoarding


June 15, 2026 at 05:31 PM GMT+05:00

NTC, PSW formalize digitalization pact



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg