Chattogram port reels from disruptions, vessel queues lengthen
Container transport to and from Chattogram port was suspended for nearly 12 hours since yesterday morning as drivers and helpers of prime mover trailers stopped work to vote in their union's biennial executive committee election.
This will likely have a detrimental effect on the country's exports, alongside prices of imported products
Inland container depots (ICDs) have announced a sharp increase in charges for handling export cargoes and empty containers by as much as 60 percent starting September 1, triggering concerns among exporters already feeling the pinch from the impending reciprocal tariff by the United States.
Seventy-six years ago, on July 16, 1949, the first tea auction in the region was held in Chattogram. That event marked the birth of what would become the nerve centre of Bangladesh’s tea industry, the Chittagong Tea Auction Centre, which still handles the overwhelming majority of the country’s tea trade.
Owners of Chattogram-based readymade garment factories, many of which do business with buyers in the United States, are worried about a US tariff hike to 35 percent set to take effect on August 1.
Major customs houses across Bangladesh, including that in Chattogram, have been facing delays in processing exports and imports for days now due to recurring slowdowns in the server that handles the records.
Unloading of imported goods from mother vessels at the Chittagong Port has been facing disruptions for three days as smaller vessels have failed to go near the outer anchorage to unload the containers amid incessant rain and a turbulent sea..Especially since Monday, the rough weather, whic
Chattogram port reels from disruptions, vessel queues lengthen
Container transport to and from Chattogram port was suspended for nearly 12 hours since yesterday morning as drivers and helpers of prime mover trailers stopped work to vote in their union's biennial executive committee election.
This will likely have a detrimental effect on the country's exports, alongside prices of imported products
Inland container depots (ICDs) have announced a sharp increase in charges for handling export cargoes and empty containers by as much as 60 percent starting September 1, triggering concerns among exporters already feeling the pinch from the impending reciprocal tariff by the United States.
Seventy-six years ago, on July 16, 1949, the first tea auction in the region was held in Chattogram. That event marked the birth of what would become the nerve centre of Bangladesh’s tea industry, the Chittagong Tea Auction Centre, which still handles the overwhelming majority of the country’s tea trade.
Owners of Chattogram-based readymade garment factories, many of which do business with buyers in the United States, are worried about a US tariff hike to 35 percent set to take effect on August 1.
Major customs houses across Bangladesh, including that in Chattogram, have been facing delays in processing exports and imports for days now due to recurring slowdowns in the server that handles the records.
Unloading of imported goods from mother vessels at the Chittagong Port has been facing disruptions for three days as smaller vessels have failed to go near the outer anchorage to unload the containers amid incessant rain and a turbulent sea..Especially since Monday, the rough weather, whic
Chittagong Dry Dock Limited (CDDL), Bangladesh's sole dry dock currently operating under the Bangladesh Navy, started running the New Mooring Container Terminal (NCT) of the Chattogram port yesterday, retaining the human resources engaged by the previous operator.
The Chittagong Port Authority (CPA) is preparing to take over the New Mooring Container Terminal (NCT) for now, as the current contract with private operator Saif Powertec Ltd is set to expire on July 6.
