Bangladesh Shipping Corporation (BSC) is set to buy up 12 cellular box ships, ranging from 2,500-3,000 teu, as it looks to grab a share of regional containerised volumes.
The move would represent a return to container shipping for BSC after a nearly decade absence from the sector. According to sources, it currently operates eight wet and dry bulk vessels and last managed a container ship in the 1990s.
The new expansion strategy is focused on reviving the organisation’s legacy and reinforcing its vital role in Bangladesh’s maritime economy, according to industry experts.