Bangladesh, Oct. 18 -- A new strategic Chattogram-Chennai-Europe shipping route is likely to commence next month which is expected to reduce lead time.
Currently, Chattogram-Colombo, Chattogram-Singapore and Chattogram-Port Klang lines connect Europe and America through shipping vessels.
The external traders of Bangladesh are very familiar with these routes for export-import business.
As proposed, domestic goods will reach the Chennai-based Krishnapatnam Port, popularly known as KPCL, and load them onto mother vessels meant for central Europe.
The private KPCL deep seaport has been promoting the route as the country's external trade has been riding high on the back of higher export and import.
Once the route gets going, lead time meant...