Panocean Limited is a maritime service provider based in Bangladesh, operating primarily out of the country’s main port city, Chattogram. Since its establishment in 2003, the company has developed a diverse portfolio of services designed to support merchant vessels calling at Bangladeshi ports. While it functions as a commercial entity, its operations are deeply integrated into the local logistics and port infrastructure, serving as a critical link between international shipowners and the region's complex regulatory environment. The company maintains a physical presence across key maritime hubs, including Mongla and the developing deep-sea port area of Matarbari.
A significant portion of the company’s activities centers on shipping agency services. Panocean Limited acts on behalf of shipowners, managers, and charterers to handle the necessary formalities for vessel entry, stay, and departure. This includes coordinating with port authorities, customs, and immigration officials to ensure strict compliance with local laws. The company facilitates essential husbandry tasks, such as crew changes, ensuring that seafarers can sign on and off efficiently, regardless of whether the vessel is at berth or in the outer anchorage. Their agency work extends to protecting the interests of principals during cargo operations, providing oversight and survey services to mitigate risks.
Distinct from standard agency work, the company has carved a specific niche in the technical supply sector by leveraging Bangladesh’s extensive ship recycling industry. Panocean Limited utilizes the resources available at the ship breaking yards in Vatiari and Fauzdarhat to source reconditioned machinery and spare parts. By inspecting and verifying these components through their technical teams, they provide cost-effective alternatives for vessel repairs, ranging from hydraulic pumps to navigation and communication equipment. This ability to procure hard-to-find spares from the demolition market is a central aspect of their logistical support, particularly for older fleets.
Beyond technical solutions, the company operates as a full-service ship chandler, supplying fresh provisions, bonded stores, and deck equipment to satisfy the daily requirements of visiting ships. Their logistics arm handles the customs clearance and delivery of ship spares in transit, moving cargo from international airports to vessels at sea. Through these varied operations, Panocean Limited functions as a comprehensive support hub within the Bay of Bengal’s maritime sector.
