Dhaka: The Cabinet on Monday approved in principle the draft of Bangladesh Shipping Corporation Bill aimed at infusing more dynamism into the state-owned shipping organisation by updating the existing law.

The approval was given at the regular weekly Cabinet meeting held at Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair.

Briefing reporters after the meeting, Cabinet Secretary Mohammad Shafiul Alam said the second quarterly (April-June) report 2016 on the implementation of the cabinet decisions was placed before the cabinet today.

The cabinet secretary said the Cabinet was apprised of the participation of a Bangladesh delegation led by the shipping minister in the 10th founding anniversary of the ‘Regional Cooperation Agreement on Combating Piracy and Armed Robbery Against Ships in Asia (ReCAAP) Information Sharing Centre’ held in Singapore on 18 March last.

He said the Cabinet was also apprised of the participation of a Bangladesh delegation headed by the law, justice and parliamentary affairs minister in the 7th Session of the Implementation Review Group of the United Nations Convention Against Corruption held in Vienna on 20-24 June.

Ministers and state ministers and secretaries concerned were present at the meeting.