High Commission of India
Remarks by High Commissioner of India, Mr. Harsh Vardhan Shringla during the Ceremony to Welcome the Arrival of the First Container Ship (MV Nou Kollan operated by Riverline Logistics & Transport Ltd.) from Kolkata at Pangaon Inland Container Terminal (ICT)
Hon’ble Minister of Commerce, Bangladesh, H.E., Mr. Tofail Ahmed
Hon’ble Minister of Shipping, Bangladesh, H.E., Mr. Shajahan Khan
Hon’ble State Minister for Power, Energy & Mineral Resources, Bangladesh, H. E. Mr. Nasrul Hamid
Secretary, Ministry of Shipping, Bangladesh, Mr. Ashoke Madhab Roy
President, Federation of Bangladesh Chambers of Commerce & Industry, Mr. Abdul Matlub Ahmed
Mr. Mahboob Ahmed, Managing Director, Riverline Logistics & Transport Limited
Friends from the media
Ladies and gentlemen
I am very happy to be here to welcome the arrival of the first container ship at the Pangaon Inland Container Terminal directly from Kolkata under the Coastal Shipping Agreement.
The agreement was signed during the visit of Prime Minister Narendra Modi to Bangladesh in 2015.
The agreement allows direct sea movement of ships between the two countries.
It has greatly improved the connectivity between India and Bangladesh by reducing the shipping time from 30-40 days to 4-10 days.
It can also decongest the roads and Land Custom Stations through which most of the bilateral trade is taking place now.
The first cargo ship under this framework had sailed from Chittagong to Vishakhapatnam in March last year.
Today’s event is significant as so far the movement of ships under the agreement was limited between seaports like Chittagong and Vishakhapatnam.
For the first time a ship carrying cargo has sailed from Kolkata to Pangaon which is just over 20 km from Dhaka.
This is a welcome development.
Now ships with cargo can complete the journey between Dhaka and Kolkata in just 3-4 days.
This provides an economical and quicker mode of transportation of goods.
Pangaon ICT can also emerge as an alternative to Ashuganj River Port for transhipment of goods to Northeastern India.