Two persons were pulled out of the waters by Bangladesh Navy 30 nautical miles south-west of St Martin's Island.
Lt Commander Fazlul Karim of the Coast Guard said at least 29 people and fishermen were aboard 'FB Bandhan' that drowned at Point 11 of the Bay of Bengal early today.
Bengal Fisheries, which owned the trawler, said it was hit by ship Basundhara-4 while it was on its way to Singapore, bdnews24 online reported.
A search for the missing persons is underway.
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