Bangladesh, Nov. 8 -- The details emerged in a report the corporation submitted to the Parliamentary Standing Committee on the Ministry of Shipping at a meeting earlier this month.

BIWTC was established in 1972 by merging one government entity and nine private organizations, starting with a fleet of 608 vessels. It operates passenger and cargo ships, runs key ferry routes, and maintains a ship repair unit.

The corporation's last profitable year was 2020-21, when it made a profit of nearly BDT 21 crore. It has not returned to profitability since.

The Padma Bridge opened on June 25, 2022, and vehicles began crossing the next day. The Mawa-Kathalbari ferry route has remained shut since then, while earnings from several other routes have ...