Summit Alliance receives three vessels from CPA

The Chittagong Port Authority (CPA) yesterday handed three vessels to Summit Alliance Port Ltd to carry containers between the port and Pangaon inland container terminal in Narayanganj in the next five years.

The port authority earlier appointed the private firm to operate the vessels: Pangaon Express, Pangaon Vision and Pangaon Success.

Shipping Minister Shajahan Khan attended the ceremony as the chief guest, at New Mooring Container Terminal of the port where CPA Chairman Rear Admiral Mohammad Nizamuddin Ahmed handed over the vessels to Summit Alliance's Chairman Muhammed Aziz Khan.

The vessels would cut the transport cost of the containers bound for Dhaka and adjoining areas, the minister said.

Exporters and importers were less interested to use the river route due to shortage of vessels, he said, adding that the launch of the new vessels would certainly attract the businesses to make more use of the path.

Shipping Secretary Shafique Alam Mehdi was also present.