Bangladesh Shipping Corporation (BSC), the share capital of Rs 10 crore to set the share price and the provision for Bangladesh Shipping Corporation Bill, 2017 has been raised in Parliament.

Repeal Ordinance 197 issued by the President to update the law, the new law has brought.The winter session of the Parliament Deputy Speaker Fazle Rabbi Miah presided over by the Minister of Shipping Shahajhan Khan presented the bill. The bill was sent to the parliamentary standing committee. If the bill into law 1972 of the Bangladesh Shipping order be repealed. The law was approved by the cabinet. In this case, the President has approved due to financial involvement.Shipping Act proposed by the Minister, Chairman of the Board of Directors at least seven and no more than thirteen members are provided. In addition, the shareholders of the Corporation has provided for the appointment of two directors.