Bangladesh-Vietnam shipping service begins Aug 22
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Dhaka, Aug. 14 -- A new shipping service, connecting ports of Bangladesh, China and Vietnam, is expected to begin from August 22.
The voyage is likely to quicken the country's clothing shipments, as it will take Bangladeshi cargoes to the US from Vietnam instead of Singapore.
France-based CMA-CGM and Hong Kong-based SITC (Shandong International Transportation Company) have partnered to launch the service - named BBX2 - on the route. Initially, at least four vessels will ply the route.
CMA-CGM, the world's fourth largest shipping company by vessels, has dedicated direct services from Vietnam to the US destinations through its mother vessels.
Sector insiders told the FE that the new service will shorten the time, at present required for...
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