Bangladesh, April 24 -- Freight charges for lighterage vessels operating on inland waterways are set to increase by 10 percent following a recent 15 percent hike in diesel prices, officials said.

The Department of Shipping confirmed that an official circular announcing the revised rates will be issued on April 26 after receiving approval from the Ministry of Shipping.

He said an official circular will be issued on April 26 following approval from the Ministry of Shipping.

Bari told the media that the decision came after consultations with stakeholders, where proposals ranged from 8percent to 20percent.

"After assessing the cost impact, a 10percent hike was considered reasonable and agreed upon by all parties," he said.

The adjustment...