The Chittagong Port is the principal seaport of Bangladesh handling about 92% of import-export trade of the country. Saif Maritime LLC, a Dubai-based subsidiary of Saif Powertec Limited, would charter the container vessels for a contract period of 15 years. Saif Powertec contributed Tk2 crore to the Prime Minister's Relief and Welfare Fund to help fight the virus. Download full-text PDF. Port Operation. Saif Powertec Ltd. signed a contract with Chittagong Port Authority (CPA) for appointment of terminal operator for handling of container and containerized cargo at Berth No - 2 and 3 of New Mooring Container Terminal (NCT) for a period of 02 years. The Bangladeshi port reported 3.2 million in TEU throughput in 2021. The company said it is eager to operate PCT. EBL Securities also said the Bangladesh Inland Container Depots Association (BICDA) recently increased the charges for handling export-laden containers by 25 per cent and import-laden containers by 35 per cent on August this year. New Mooring Container Terminal (NCT) Overview Port Operation. 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In March this year, SAIF Powertec reached an agreement with Safeen Feeders, a subsidiary of Abu Dhabi Ports Company PJSC to operate eight bulk carrier vessels for shipping dry bulk cargoes from Fujairah Port to Chittagong Port, according to an equity note prepared by EBL Securities, a stockbroker. Since the company handles around 60 per cent of containers at the Chittagong seaport, this rise in ICD charges would produce inflated revenue for the company. The finance minister said since some 23 firms have submitted their Expression of Interest (EOI), the concerned committee had shortlisted some five firms and out of those the joint venture of NJS Consultants and AQUA Consultant and Associates in association with Maxwell Stamp, got the work as it secured the first place. The current government and Prime Minister Sheikh Hasina emphasised research activities that will help to grow the country. Khandokar Road,Mohakhali C/A, Dhaka-1212,Bangladesh, Makkah Madinah Trade Centre(17th Floor)78,Agrabad C/A,Chattogram,Bangladesh, Copyright 2023 Saif Powertec Ltd. All Rights Reserved - Desinged & Developed By Saif Power Group. At NCT maximum 186.00 meter length overall (LOA) with the maximum deep draft 9.5 meter vessel take berth and there is facility for night navigational to sailing the vessel which is permissible for 175.00 meter length overall (LOA) and maximum deep draft 9.0 meter. Briefing the reporters after the meeting held at the Cabinet Division at Bangladesh Secretariat, Finance Minister AHM Mustafa Kamal said the proposal for appointing Saif Powertec as the terminal operator at Chittagong Port was approved as the firm was recommended and evaluated by the Technical Evaluation Committee (TEC) as the substantially responsive bidder with Tk303.99 crore Founder: Media Group PortNews LLC. As such its importance in the national economy is paramount. By 16 nos Rubber Tyre Gantry (RTG), 6 nos Straddle Carrier (SC) and 3 nos Fork Lift (FLT) handling the back-up operation. Last Price 29.70 Market Cap 11.3b 7D 0% 1Y -2.9% Updated 27 May, 2023 Data Company Financials SAIFPOWER Stock Overview Saif Powertec Limited provides infrastructure support services in Bangladesh. We have diversity our business activity of port operation which in turn give us the contract for complete terminal operation of Chittagong Port Authority (CPA), Pangaon ICD and Kamalapur ICD (KICD) SAIF POWERTEC continued its business expansion plan and have entered into the word of renewable energy, Plastic & Polymer based manufacturing plant . Incorporated in 2003, Saif Powertec went public in 2014. This project was expected to generate Tk 3,482 crore in revenue and Tk 649 crore in net profit in the following 20 years since the start of its commercial operation, EBL Securities stated. This performance brought by utilizing the traditional methods. A private company will undertake the operation of Chittagong Container Terminal (CCT) of the Chittagong Sea Port. port operation,solar,container Terminal,ignite,Battery. Wednesday, Jan 05, 2022; Last Update : 08:06 pm; Main Website . Vancouver Fraser Port Authority CEO announces retirement, EU presents new safety and environmental plan for shipping, PSA Penn Terminals acquires new Liebherr STS crane, Hellmann obtains sea freight partner PKZ Group, Normalisation in dwell times for Chinese exports, Maersk lifts booking suspension on Kenya Zanzibar service. Its objective focuses mainly on providing necessary services and facilities to the port users efficiently and effectively at competitive price. Saif Powertec Limited handled 4422 nos Vessel and 6.6 million TEUs till December 2020 at CCT Terminal. Saif Powertec shares were traded at Tk 29.7 per share on the trading floor of the DSE on Thursday. The Company is also engaged in importing, trading, assembling and installing generators, sub-stations, electrical equipment and grid-lines, installation and erection of power plants, producing battery as well as it acts as a berth/terminal operator for operation of Chittagong . All Rights Reserved. And later on Saif Powertec Limited could manage to get the Integrated Operation which was awarded and commenced from 7th March 2007. Mass media registration certificate No 77-68135, 27 December 2016. Saif Powertec Limited certified for "The Only Private Container Terminal Operator" around the Bangladesh and achieved ISO Standards (1) Quality Management . 8/C, FR Tower, Panthapath, Dhaka 1207, Bangladesh. Managing Director of Saif Powertec Limited Tarafder Md Ruhul Amin said the government shut mass transportation to curb the rapid spread of coronavirus. Special doctors have been appointed for them as well. The share market listed company took initiatives load-unload of the containers normal at the New Mooring Container Terminal (NCT) and Chittagong Container Terminal (CCT). Chattogram Port is a prominent container port on the Bay of Bengal in South Asia and the largest seaport of Bangladesh. Saif Powertec Ltd Charbakhar High School, Comilla, SSC 1971 Bacth SAIF Powertec had started container vessel handling operation at the Chittagong Container Terminal (CCT) and Newmooring Container Terminal (NCT) of Chattogram Port as the one private terminal operator in 2007. It also has Tk 135 crore as surplus reserves. Patenga Container Terminal (PCT) will add more than 450,000 TEU annually from April 2022 with construction of the project in its last stage. We operate as low cost but high quality, along with international-standard terminal operation in Bangladesh said Tarafder Md. Saif Powertec Ltd has come forward to help maintain the operations of loading and unloading cargo goods in Chittagong port. 2A Media Limited. Editor: Mohammad Golam Sarwar Publisher: Tapash Mazumder 118-121, Tejgaon I/A, Dhaka, Bangladesh, 55030001-6 & 55030008 01310550422 [emailprotected], [emailprotected], [emailprotected], [emailprotected], SAIF Powertec adopts more plans for scaling to new heights. It only takes a minute to sign up for afree account and youll get to enjoy: Ready to subscribe? Briefing the reporters after the meeting held at the Cabinet Division at Bangladesh Secretariat, Finance Minister AHM Mustafa Kamal said the proposal for appointing Saif Powertec as the terminal operator at Chittagong Port was approved as the firm was recommended and evaluated by the Technical Evaluation Committee (TEC) as the substantially responsive bidder with Tk303.99 crore. The hospital will start its health service from Thursday.Meanwhile, Saif Powertec Limited has donated four oxygen concentrator machines, four ventilator machines and 100 oxygen cylinders for the Chittagong port hospital on Sunday. Briefing the reporters after the meeting held at the Cabinet Division at Bangladesh Secretariat, Finance Minister AHM Mustafa Kamal said the proposal for appointing Saif Powertec as the terminal operator at Chittagong Port was approved as the firm was recommended and evaluated by the Technical Evaluation Committee (TEC) as the substantially responsive bidder with Tk303.99 crore. One bus is carrying our workers from Kathgarh, one at Bahaddarhat and the other from the Alankar More, he also said. ,02333324106,02333324107,02333324108(Fax). As such its importance in the national economy is paramount. The New Mooring Container terminal (NCT) Commenced vessel operation from May 2007. The Chittagong Container Terminal (CCT), QGC operation commenced by Saif Powertec Limited on 5th August 2006. The Chittagong Port Authority took policy for the Privatization during 2007 by the Open Tender Method (OTM) and Appointed to the M/S Saif Powertec Limited for the Container Handling Operation. Saif Powertec Limited certified for The Only Private Container Terminal Operator around the Bangladesh and achieved ISO Standards (1) Quality Management System ISO 9001:2015 (QMS), (2) Environmental Management System ISO 14001:2015 (EMS), (3) Occupational Health & Safety Management System ISO 45001:2018 (OHSMS), (4) Information Security Management System ISO 27001:2013, (5) Supply Chain Management System ISO 28000:2007 regarding Terminal Operation prospect. The company now operates the Chittagong container terminal and the New Mooring container terminal for the Chittagong Port Authority. SAIF POWERTEC: NAF: 2023/04/11 10:00:00 am: PVISION2023PPNV-091: PANGAON VISION: 2023/PPNV-09: INBOUND: 2023/05/03 05:36:00 pm: SAIF POWERTEC: NAF: 2023/05/06 09:30:00 am: SCHUMI227: SCHUMI2: 2022/71: Port Strategy - Insight for port executives, Unlimited access to in-depth articles and premium content, Weekly newsletters providing valuable news and information on the ports and terminals sector, Live and archived webinars, podcasts and videos, Articles on innovations and current trends in the ports and terminals industry, Our extensive archive of data, research and intelligence. The Chittagong Port is the principal seaport of Bangladesh handling about 92% of import-export trade of the country. Lorem ipsum dolor sit amet, consectetur adipiscing elit. . Rupayan Centre(8th Floor),72, Mohakhali C/A,Dhaka-1212,Bangladesh, Khawaja Tower, 95,Biruttam A.K. Saif Powertec are general cargo berth operator of Chittagong Port MH Chowdhury Ltd owned by the Chittagong City Mayor and A&J Enterprise, owned by Ekramul Haque Chowdhury, MP from Noakhali. Saif Powertec Limited, a public limited company has made a contribution of Tk2 crore to the Prime Minister's Relief and Welfare Fund to help fight the outbreak of coronavirus.All the employees of the company contributed their one-day salary amounting to Tk65 lakh and the rest of the amount was provided from the company's own fund, said a . E-paper Good to work here, flexible duty. Rupayan Centre(8th Floor),72, Mohakhali C/A,Dhaka-1212,Bangladesh, Khawaja Tower, 95,Biruttam A.K. Sign up to our daily email newsletter to receive the latest news from Port Technology International. The days meeting approved another proposal for appointing the joint venture of NJS Consultants Co Limited, and AQUA Consultant and Associates Ltd in association with Maxwell Stamp Limited for the consultancy services of capacity building for sustainability with Tk38.47 crore under the Dhaka Water Supply Network Improvement Project. | Advanced search The machineries . The Chittagong Container Terminal (CCT), container storage yard 150000 square meter for back-up operation with the facility 250 Reefer Plug for the frozen container and based on 4 (four) days dwell time handling calculation total yard container capacity 698610 TEUs per annual and ICD container capacity 77562 TEUs for the Dhaka bound containers. Head of TOS at Saif Powertec Limited || Terminal Operator of Chittagong Port Authority . It has been providing infrastructure support services as well. Saif Powertec Limited Reports Earnings Results for the Third Quarter and Nine Months En.. Jan 19, 2021 - RTG OPERATOR in Chittagong Port. Later in September, the publicly traded company entered into another contract with Safeen Feeders to operate three container vessels transporting containers from the UAE to Bangladesh. ,02333324106,02333324107,02333324108(Fax). Saif Powertec Ltd has come forward to help maintain the operations of loading and unloading cargo goods in Chittagong port. Then, some four firms purchased the tender documents but only Saif Powertec Limited submitted their bids. ,02333324106,02333324107,02333324108(Fax). We arranged three buses to transport for NCT and CCT staffs. Please read our Comment Policy before posting. Not much, but duty time much. The construction cost has been estimated at Tk 308 crore. Chittagong Port is the principal seaport of Bangladesh handling about 92% of import-export trade of the country. Be the first to find this review helpful . Saif Powertec Ltd | 1,888 followers on LinkedIn. Saif Powertec Ltd has been awarded an exclusive cargo handling contract to manage Chittagong Container Terminal, bringing to an end the former stevedoring model previously preferred by the port authority. According to the equity note, the companys revenue was expected to decline by 16.1 percent for the first nine months (July-March) of the fiscal year 2021-22 owing to a slowdown in port operations caused by a significant decline in export and import operations amid the macroeconomic strains including the domestic currency depreciation, depletion of the foreign currency reserve, and rising fuel costs. SAIF Powertec had started container vessel handling operation at the Chittagong Container Terminal (CCT) and Newmooring Container Terminal (NCT) of Chattogram Port as the one private terminal operator in 2007. Initially, the private sector company will run the terminal as part of a pilot scheme, undertaking activities both on the Want to read more before deciding on asubscription? E-Engineering Limited, a sister concern of SAIF Powertec Limited, is also working in jetty construction with the Bangladesh Army. We also formed a special monitoring team to observe the workers' health conditions, Ruhul added. Pros. Including the print and digital magazines, full news archive, podcasts, webinars and articles on innovations and current trends in the ports and terminals industry. As such its importance in the national economy is paramount. It has been providing infrastructure support services as well. As a result the workers cannot commute for lack of vehicles. The workers are using sanitizer and masks to protect themselves. SAIF Powertec Limited has announced its interest in operating a new container terminal at Chattogram Port in Bangladesh. End-of-day quote Dhaka Stock Exchange Saif Powertec is the only company to act as a berth/terminal operator for operation of Chittagong Container Terminal (CCT) Initially, the private sector company will run the terminal as part of a pilot scheme, undertaking activities both on the . We also took various initiatives to protect our workers from coronavirus. Read our policy. The terminal would have a storage capacity of 3,500 20-foot equivalent units (TEUs) of containers and handle 116,000 TEU containers annually. Moller Maersk (Maersk) has resumed booking acceptance onto its 25Z service Kisiwa. Presently, only 4% of Chittagong port's total handling is transported by train, which is . Saif Powertec contributed Tk2 crore to the Prime Minister's Relief and Welfare Fund to help fight the virus. By 10 nos Quay Gantry Crane (QGC), 1 nos Mobile Harbor Crane (MHC) and 90 nos Internal Transfer Vehicle (ITV) handling the NCT vessel (Import & Export) operation through Go-live operation by the Terminal Operations System (TOS). Saif Powertec Limited is a Bangladesh-based company engaged in the business of infrastructure-support service. Copyright 2012-2019. Saif Powertech handles 60 percent of the total 3.2 million units of containers handled at the port annually. Rupayan Centre(8th Floor),72, Mohakhali C/A,Dhaka-1212,Bangladesh, Khawaja Tower, 95,Biruttam A.K. By 4 nos Quay Gantry Crane (QGC), 2 nos Mobile Harbor Crane (MHC) and 34 nos Internal Transfer Vehicle (ITV) handling the CCT vessel (Import & Export) operation through Go-live operation by the Terminal Operations System (TOS). Saif Powertec Ltd has been awarded an exclusive cargo handling contract to manage Chittagong Container Terminal, bringing to an end the former stevedoring model previously preferred by the port authority. . The Chittagong Port Authority took policy for the Privatization during 2006 by the Open Tender Method (OTM) and Appointed to the M/S Saif Powertec Limited for the Container Handling Operation. Since launching its ports operations business in 2006, SAIF Powertec has handled 15.542 million TEU, a record port throughput for any operator in Bangladesh. The share market listed company took initiatives load-unload of the containers normal at the New Mooring Container Terminal (NCT) and Chittagong Container Terminal (CCT) at the countrys main seaport, said a press release. According to the EBL documents, this project was expected to generate Tk 516 crore of revenue and Tk 86 crore of net profit per year. Saif Powertec Limited certified for The Only Private Container Terminal Operator around the Bangladesh and achieved ISO Standards (1) Quality Management System ISO 9001:2015 (QMS), (2) Environmental Management System ISO 14001:2015 (EMS), (3) Occupational Health & Safety Management System ISO 45001:2018 (OHSMS), (4) Information Security Management System ISO 27001:2013, (5) Supply Chain Management System ISO 28000:2007 regarding Terminal Operation prospect. Saif Powertec; Download full-text PDF Read full-text. Today's Paper; News Bangladesh; With an estimated project cost of Tk 75 crore, it expects to generate an annual revenue and net profit of Tk 100 crore and Tk 24 crore respectively from it, the equity note read. Welcome to portstrategy.com. -, Saif Powertec Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022, Saif Powertec Limited Reports Earnings Results for the First Quarter Ended September 30, 2022, Saif Powertec Limited Reports Earnings Results for the Full Year Ended June 30, 2022. Price / Book 1.72 Forward Div Yield 3.37% Trailing Div Yield Morningstar's Stock Analysis SAIFPOWER Summary Competitors Valuation May 29, 2023 Currency in Is it the right time to buy or sell?. Kamal said since the operations of containers and container-laden cargos is complex in the Container Terminal area under the port, tender bids were floated following the PPR-2008 under the Single Stage Two Envelope method. The listed company also planned to expand its operations into gas and oil exploration with Uzbekistans Ariel Service & Support by investing around Tk 473 crore. All Rights Reserved. . Glassdoor has 2 Saif Powertec reviews submitted anonymously by Saif Powertec employees. Moreover, it is also heavily involved in the import, trade, assembling, and installing of generators, substations, electrical equipment, and gridlines, as well as installing or establishing power plants. Chittagong Port Authority Port Community System +880-1747 81 00 37 Network department +880 . Saif Powertec operates two terminals of Chittagong port, handling 65% of the port's total three million TEU per annum. The listed company generates a significant portion of its revenue from its port and terminal operation contracts. The New Mooring Container Terminal (NCT), container storage yard 292287 square meter for back-up operation with the facility 700 Reefer Plug for the frozen container and based on 4 (four) days dwell time handling calculation total yard container capacity 1198295 TEUs per annual. Copyright Maritime Information Services Ltd. Saif Powertec Limited, a public limited company has made a contribution of Tk2 crore to the Prime Minister's Relief and Welfare Fund to help fight the outbreak of coronavirus.All the employees of the company contributed their one-day salary amounting to Tk65 lakh and the rest of the amount was provided from the company's own fund, said a press r. The first berth remains exclusive for transporting containers bound for Pangaon Inland Container Terminal at Keraniganj in Dhaka. The New Mooring Container terminal (NCT) has been constructed at a cost of taka 737 crore with a 1000 metre long berth and back up facilities on 65 acres of land in view of the increasing trend of containerization in the maritime trade. The company also acts as a backup container-handling operator at Pangaon Inland Container Terminal and Kamlapur Inland Container Depot. Choose from one of oursubscription packages for unlimited access! More than 67 per cent of containers of Chattogram Port are handled by SAIF Powertec Limited. Ruhul Amin, Managing Director of SAIF Powertec Limited. SAIF Powertec Limited also operates countrys only rail Inland Container Depot (ICD) in the capital of Dhaka. Skip to main content LinkedIn Discover People Learning Jobs Join now Sign in Rashedu Rahat Deputy Manager at SAIF Powertec Ltd, The Port of Chittagong, a concern of SAIF Power Group. Cons. The Chittagong Port Authority (CPA) is a basic services provider. All rights reserved. Saif Logistics Alliance, a subsidiary of Saif Powertec, signed an agreement with the Container Company of Bangladesh Limited (CCBL), a subsidiary of Bangladesh Railway in October last year to build a multimodal container depot at Halishahar near the Chattogram Port Railway Yard with an estimated cost of Tk 308 crore. Incorporated in 2003, Saif Powertec went public in 2014. Saif Powertec Limited handled 4343 nos Vessel and 7.0 million TEUs till December 2020 at NCT Terminal and domestically at Chittagong side Pangaon vessel handled 754 nos Vessel and 0.1 million TEUs. E-paper. The terminal operator also established an IT-based subsidiary 88 Innovations Engineering Limited where it decided to invest 55 per cent of the total equity of the company, according to the EBL equity note. The value of the contract price is BDT 498,733,000.00 only. This site uses cookies. The meritorious students who achieved GPA-5 in the secondary examination this year were given honorary prizes as well as the winners of the chess competition the institute earlier arranged, The company will donate Tk25,000 each month for next two years to the family so that it can overcome its financial hardship following its only bread winners demise, The protection material includes 500 three-layer surgical masks, 200 rubber gloves, 25 reusable and washable PPEs, 25 medical protective eye-wear goggles and five infrared thermometers, Saif Powertec becomes first local firm to operate ships from abroad, Saif Plastic & Polymer Industries Limited, 02222293312,02222288291,02222283574,02222299571,02222293330(Fax), 02333324071,02333324072 More than 67 per cent of containers of Chattogram Port are handled by SAIF Powertec Limited. The Saif Powertech Limited to operate container terminal of Chittagong Port A private company will undertake the operation of Chittagong Container Terminal (CCT) of the Chittagong Sea Port. Tuesday, Jan 18, 2022; Last Update : 03:32 am; Main Website . The company recently acquired a 100 per cent stake in Saif Maritime LLC by investing Tk 1.26 crore from which it expects to generate an estimated annual revenue of Tk 25.98 crore and a net profit of Tk 3.89 crore, the EBL Securities stated. Its objective focuses mainly on providing necessary services and facilities to the port users efficiently and effectively at competitive price. By 23 nos Rubber Tyre Gantry (RTG), 12 nos Straddle Carrier (SC) and 15 nos Fork Lift (FLT) handling the back-up operation. Alternatively REGISTER for website access and sign up for email alerts. Saif Powertec's initiatives to normalize operations at Chittagong port, Please read our Comment Policy before posting. They will be carried from different points of the city to facilitate their communication. In the last five years, the company consistently paid dividends of at least 10 per cent each year. Saif Powertec Ltd. signed a contract with Chittagong Port Authority for appointment of terminal operator for handling of container and containerized cargo at Berth No - 2 and 3 of New Mooring. The port's sole private terminal operator Saif Powertec Ltd, which handles Chittagong Container Terminal CCT and Newmooring Container Terminal NCT, is also demanding an increase in its charges. Saif Powertec Limited Reports Earnings Results for the Second Quarter and Six Months En.. Saif Powertec Limited Reports Earnings Results for the First Quarter Ended September 30.. Saif Powertec Limited Recommends Cash Dividend for the Year Ended on June 30, 2021. Ad Ports Group's Safeen Feeders Signs Long-Term Trade And Shipping Agreement With Saif .. Safeen Feeders Signs New Agreement with Saif Powertec for Fujairah Bangladesh Cargo S.. Saif Powertec Limited Announces Investment in New Project, Subsidiary Company and New U.. CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED, Chief Operations Officer & Head-Sales & Marketing. The share market listed company took initiatives load-unload of the containers normal at the New Mooring Container Terminal (NCT) and Chittagong Container Terminal (CCT) at the country's main seaport, said a press release. CHATTOGRAM, June 16: The Chittagong Port Authority (CPA) has prepared the Chittagong Port Hospital as specialised hospital for coronavirus patients. 2A Media Limited. CEO Approval. Abstract The Lloyd's List ranked the Chittagong port as 70th busiest port of the world in terms of handling containers in TEUs. At CCT maximum 186.00 meter length overall (LOA) with the maximum deep draft 9.5 meter vessel take berth and there is facility for night navigational to sailing the vessel which is permissible for 175.00 meter length overall (LOA) and maximum deep draft 9.0 meter. The company now operates the Chittagong container terminal and the New Mooring container terminal for the Chittagong Port Authority. When republishing the content of IAA PortNews, active hyperlink to the Agency is required. Copyright 2012-2019. MarketScreener: Created by Investors for Investors! The Saif Powertech Limited, the private company, will handle the port activities at CCT on the supply operate-transfer (SOT) basis, official sources said. The Chittagong Container Terminal (CCT), total quay length 450 meters with indicating berth number as CCT 1, CCT 2 & CCT 3 for taking the feeder vessel berth. SAIF Powertec Limited also recently opened a Research and Innovation cell, led by Dr Razon Chandra Saha, who conducted the first intermodal freight transportation system PhD research project for Bangladesh. As such its importance in the national economy is paramount. The New Mooring Container terminal (NCT), total quay length 1000 meters with indicating berth number as NCT 1 (Dedicated for Pangaon Vessel), NCT 2, NCT 3, NCT - 4 & NCT 5 for taking the feeder vessel berth. According to the agreement, CCBL will get 21.50% of the profit made from the ICD operation and the rest will go to Saif Powertec. Vancouver Fraser Port Authority CEO, Robin Silvester, has announced his retirement after more than 14, The European Commission (EC) has presented five legislative proposals to moderniseEU rules on maritime safety, Liebherr USA Co. has delivered a new Ship-To-Shore (STS) crane to PSA Penn Terminals, offering, Hellmann Worldwide Logistics has taken over the PKZ Group and simultaneously established its own Slovakian, Dwell time for Chinese exports has decreased 62 per cent year-over-year while volume of shipments, A.P. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. Recommend. Business Outlook. About the company Risk Analysis Earnings have declined by 3.9% per year over past 5 years Interest payments are not well covered by earnings Rupayan Centre(8th Floor),72, Mohakhali C/A,Dhaka-1212,Bangladesh, Khawaja Tower, 95,Biruttam A.K. Saif Powertec Ltd | 1,888 followers on LinkedIn. Further west, SAIF Port Holdings Limited (SPHL) will start its new terminal in Mongla Port in 2023, which currently under construction. SAIF Powertec is aiming to invest in the port logistics sector of Bangladesh also around the world for exposing Bangladeshi Brands globally. Dhaka-Chittagong railway and highway corridors. Saif Powertec posted a Tk 62.63 crore in net profit for the fiscal year 202021, which was 61.37 per cent higher than that of the previous year. Copyright 2023 Surperformance. With a capitalisation of Tk 1,126 crore the listed company has a paid-up capital worth Tk 379 crore. Khandokar Road,Mohakhali C/A, Dhaka-1212,Bangladesh, Makkah Madinah Trade Centre(17th Floor)78,Agrabad C/A,Chattogram,Bangladesh, Copyright 2023 Saif Powertec Ltd. All Rights Reserved - Desinged & Developed By Saif Power Group, New Mooring Container Terminal (NCT) Overview, Saif Plastic & Polymer Industries Limited, 02222293312,02222288291,02222283574,02222299571,02222293330(Fax), 02333324071,02333324072 ,02333324106,02333324107,02333324108(Fax). Chittagong Container Terminal (CCT) Overview Khandokar Road,Mohakhali C/A, Dhaka-1212,Bangladesh, Makkah Madinah Trade Centre(17th Floor)78,Agrabad C/A,Chattogram,Bangladesh, Copyright 2023 Saif Powertec Ltd. All Rights Reserved - Desinged & Developed By Saif Power Group. Read employee reviews and ratings on Glassdoor . position Chittagong will ever be a hub port on the major world container trade routing and . 20042021 PortNewsPhone: +7(812) 570 78 03E-mail: editor@portnews.ru. SAIF Powertec, the countrys leading terminal operator handling around 60 per cent of containers at the Chattogram seaport, is now implementing more business plans to take it to new heights. The Chittagong Port Authority (CPA) is a basic services provider. The meritorious students who achieved GPA-5 in the secondary examination this year were given honorary prizes as well as the winners of the chess competition the institute earlier arranged, The company will donate Tk25,000 each month for next two years to the family so that it can overcome its financial hardship following its only bread winners demise, The protection material includes 500 three-layer surgical masks, 200 rubber gloves, 25 reusable and washable PPEs, 25 medical protective eye-wear goggles and five infrared thermometers, Saif Powertec becomes first local firm to operate ships from abroad, Saif Plastic & Polymer Industries Limited, 02222293312,02222288291,02222283574,02222299571,02222293330(Fax), 02333324071,02333324072 SAIF Logistics Alliance Limited, a sister concern of SAIF Powertec Limited, has signed a contract with Bangladesh Railway for constructing and operating a multimodal container hub near Chattogram Port, capable of handling around 300,000 TEU. Saif Powertec Ltd Chittagong Container Terminal Port Operation Home Port Operation Port CCT Chittagong Container Terminal (CCT) Overview Port Operation Chittagong Port is the principal seaport of Bangladesh handling about 92% of import-export trade of the country. Commercial use of IAA PortNews content without the Agencys written consent is prohibited. The company said it is eager to operate PCT. Khandokar Road,Mohakhali C/A, Dhaka-1212,Bangladesh, Makkah Madinah Trade Centre(17th Floor)78,Agrabad C/A,Chattogram,Bangladesh, Copyright 2023 Saif Powertec Ltd. All Rights Reserved - Desinged & Developed By Saif Power Group, Chittagong Container Terminal (CCT) Overview, Saif Plastic & Polymer Industries Limited, 02222293312,02222288291,02222283574,02222299571,02222293330(Fax), 02333324071,02333324072 The Cabinet Committee on Public Purchase on Wednesday approved proposal on appointing Saif Powertec Limited as the terminal operator for handling the containers and container-laden cargos at Chittagong Port for six years. 8/C, FR Tower, Panthapath, Dhaka 1207, Bangladesh. Saif Powertec Limited, the terminal operator, will build and operate the inland container depot (ICD) in Chattogram on behalf of the Container Company of Bangladesh (CCBL) for 20 years, according to an agreement signed on Tuesday. When PCT is fully developed, the company said containers will connect to SAIF Powertec Limiteds multimodal rail ICD in Chattogram, expanding inland connectivity by establishing dry ports, Dhakas rail ICD, and off-dock connections over the country. , 2022 ; Last Update: 03:32 am ; Main Website also around the world for exposing Bangladeshi Brands.! Asia and the New Mooring container terminal and the other from the Alankar More, he said... Khawaja Tower, 95, Biruttam A.K protect our workers from Kathgarh, one at Bahaddarhat and other! At the Port annually container terminal ( NCT ) commenced Vessel operation from May 2007 to subscribe will to... Facilitate their communication is the principal seaport of Bangladesh handling about 92 % of import-export trade of the country Floor... Of Chittagong container terminal and the largest seaport of Bangladesh handling about 92 % of import-export of... 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