Pakistan sends first ever direct cargo vessel to Bangladesh

News Image

By MG News | November 14, 2024 at 09:38 AM GMT+05:00

0:00

November 14, 2024 (MLN): A direct cargo vessel from Karachi, Pakistan, has reached the port of Chittagong, Bangladesh, marking the first-ever direct maritime link between the two countries.

The direct route promises to significantly streamline supply chains and reduce transit time, said a press release.

Carrying a diverse array of goods with an estimated 2,300 TEUs of capacity, the vessel’s voyage highlights growing demand for direct trade between the two countries.

Pakistan’s High Commissioner to Bangladesh, Syed Ahmed Maroof termed the direct shipping route a major step forward in enhancing bilateral trade and business ties between Pakistan and Bangladesh besides boosting more integrated and trade network across the region.

He said that the initiative will not only accelerate the existing trade flows but also promote new opportunities for businesses on both sides, from small traders to large exporters.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,625.00 107,860.00
107,530.00
-610.00
-0.56%
BRENT CRUDE 66.63 67.20
65.92
-0.17
-0.25%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.89 65.02
64.83
-0.22
-0.34%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management


June 30, 2025 at 10:08 PM GMT+05:00

SBP’s March FX intervention stands at $860m



Top 5 things to watch in this week

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