By Exim News Service
CHENNAI, Aug. 11 — HRC Shipping, Dhaka, a premier Bangladesh-flag feeder operator working within the Indian subcontinent, and the Container Corporation of India (Concor) have officially signed a strategic agreement. The partnership is designed to jointly offer the trade a seamless, containerized cargo service connecting Southern India to Bangladesh via the Gateway Port of Chennai. The cargo route will transit directly through Chittagong Port.
Speaking on the development, Mr. Sayeed Chawdhury, Chairman of HRC Shipping, highlighted that rising trade volumes from India to Chittagong, combined with severe bottlenecks in traditional road movement, prompted the decision. These logistical pressures persuaded HRC Shipping to take the lead in launching the first-ever direct service linking key East Indian ports, such as Chennai and Haldia, to Bangladesh.
“There has been an increasing demand for such a service due to the bottlenecks faced along the land route.”
The arrangement relies on a symbiotic relationship between Concor and HRC Shipping, blending multimodal expertise with maritime reach:
Concor’s Role: Leveraging its extensive domestic, multimodal logistics network and infrastructure strength.
HRC Shipping’s Role: Providing dedicated maritime shipping operations.
This joint effort makes it highly viable for South Indian exporters to access a reliable, predictable, and cost-efficient alternative to the heavily congested land routes.
(Source Text and Image Data compiled from “News 02.jpg”, published in the Shipping Gazette / Exim Shipping Times, Vol. XXIV No. 185, Monday, August 12, 2002.)
Director General of
Merchant Shipping
Ceylon Association
of Ships Agents
Board of Investment
Sri Lanka
Incorporated &
Registered in Sri Lanka
A leading shipping agency and diversified conglomerate based in Colombo, Sri Lanka. Providing maritime, logistics, trading, and property solutions since 2003.