Bangladesh partners with Japan on the deep-sea port, dropping PRC-funded proposal. The seaport’s multi-purpose terminal will be built on 17 hectares, with a 300-metre berth which will accommodate vessels of up to 70,000 dwt and handle 2.25m tonnes of goods a year. The deep seaport will have a 16-metre water draft and will be able to accommodate 8,000 TEU post-Panamax vessels. main navigational channel will be 350-metres wide, is expected to be completed by December 2026. The port will have a container terminal built on 18 hectares of land, a 460-metre berth where 8,000 teu vessels will anchor, and it will have an annual capacity of 600,000 teu to 1.1 million teu containers in its first phase of construction. At the initial stage the port will start works with two quay gantry cranes, one multipurpose gantry crane, six rubber-tired gantry cranes, two reach stackers, and 12 yard-chassis tractors.

The company also became ISO certified in 2008 for  Shipping Agency, Logistics and consulting, Survey services for Bangladesh maritime Ports. Comprehensive and cost-effective maritime services, proper risk management, reliable marine & technical or legal advice and 24/7 availability are the professional strengths of Panocean.