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.
CPA floats tender for equipment as it awaits ministry's nod to operate terminal
The yards at the Chattogram port, which are designated for storing containers loaded with imports, exceeded their capacity yesterday as daily handovers to consignees did not gain pace during the Eid-ul-Azha holiday over the past week.
Containers packed with imports are starting to pile up at the Chattogram port due to a drastic drop in the delivery of goods, as factories and vehicles are yet to resume running in full swing amidst the Eid-ul-Azha holidays.
The debate over whether to lease out the New Mooring Container Terminal (NCT) at Chittagong Port to a foreign operator is intensifying, with political parties, including the BNP, Jamaat-e-Islami, and left-leaning groups, uniting in opposition.
Picture a crowded harbour where the salty seabreeze carries whispers of far-off lands, where merchants of all creed and caste haggle over silks and spices, and where towering ships of all varieties – Chinese junks, Arab dhows, and Portuguese carracks – sway gently in the waters of the Bay of Bengal.
The US government’s recent announcement to hike the tariff on Bangladeshi goods by an additional 37 percent has already begun affecting the country’s readymade garment (RMG) industry, according to a leading denim exporter.
Concerns are increasingly being voiced over the Chattogram port’s largest terminal, New Mooring Container Terminal (NCT), being leased out to a foreign operator, as the interim government furthers the initiative undertaken by the previous Awami League government.
Steel factories are often seen as some of the biggest culprits of environmental pollution due to their massive energy consumption, heavy water use and harmful emissions.
Container movement to and from Chattogram port remained suspended for the second consecutive day as transport workers again went on work abstention yesterday morning -- just four hours after they had withdrawn their previous strike.
Container movement at Chattogram port has remained suspended since Tuesday night following a clash between the workers of prime movers and the security staff of Chattogram DC Park earlier that day.
The import and export of container cargo through Chattogram port increased significantly in January, driven by rising imports ahead of Ramadan and a gradual increase in export orders for readymade garments.
Tender has been floated, as the previous contract with Saif Powertec is set to end next month
Vessels are facing unusually long stays at the General Cargo Berth (GCB) terminal of the Chattogram port as berth operators allegedly continue to adopt a go-slow tactic in container handling operations amidst a feud with shipping agents.
Disputes between berth operators and shipping agents slow handling at six jetties
Captain of FV Layla-2, which was captured with the crew, on Dec 9 by Indian coast guard recounts the ordeal
Six out of the 21 private inland container depots (ICDs) have come up as the major handlers of export and import-laden containers in the just concluded year of 2024, when business in the ICDs rose 16 percent year-on-year.
KDS Logistics managed to retain its top position among ICDs in handling export and import containers in 2024
