Dhaka, July 8 -- Chittagong Dry Dock Limited (CDDL) operated by the Bangladesh Navy officially took charge of New Mooring Container Terminal (NCT) on July 07, as the Chittagong Port Authority (CPA) has not extended the contract with Saif Powertec Limited for NCT operation, which ended the previous day.

According to the instruction of the ministry, the CPA handed over responsibility to CDDL.

Talking to The Financial Express, Secretary of CPA Omar Faruk said, "The contract signed with Saif Powertec has not been renewed. The officials and employees, who were working under the management of Saif Powertec Limited, are now working under CDDL management. So, there is no problem at the NCT. Containers are being loaded, unloaded, and delivered s...