On its second trip, it brings refined sugar, dolomites, fabrics, electronics, etc from Pakistan and UAE
Chittagong Port Authority (CPA) has opted to extend its deal with Saif Powertec Limited, allowing the company to operate its New Mooring Container Terminal (NCT) under direct procurement, as the process of floating an open tender to this end is facing delays..The agreement with the firm is
Container and cargo handling at Chattogram port, the main seaport of Bangladesh, could hit record highs this year after declining steeply in the two years prior, according to official data.
The Bangladesh Shipping Corporation (BSC) has finally taken steps for the disposal of two of its oldest oil tankers, which, according to experts, had become unfit by 2015.
Many of the Chattogram port’s 12 container jetties have been lying vacant for the last couple of weeks due to a fall in the number of ships amid a decrease in imports..The port currently has 18 jetties. Of these, 12 jetties are dedicated for accommodating container vessels and the remainin
Tea is fetching higher prices at weekly auctions this year, with market players saying the imposition of a minimum price threshold and low supply of the cash crop are key factors for the rise.
There has been a significant year-on-year rise in the number of containers handled at Chattogram port in the three months till October while there was a drop in the overall handling of cargo and ships.
Container ships are being able to berth and load and unload cargo faster upon arrival at the Chattogram port nowadays, thanks to the gradual easing of an acute congestion that had been created in July and August.
Cargo transport to and from the Chattogram port experienced a slowdown today as a result of the ongoing unrest and enforcement of a countrywide shutdown by quota reform activists
The long-awaited demand of businesses to shift the handling and delivery of import cargoes outside the Chattogram port yard is going to be realised soon, albeit partially, as the National Board of Revenue (NBR) has given the go-ahead to this effect.
The port handled 31.69 lakh TEUs of containers in FY24, up from 30.07 lakh TEUs the previous fiscal
The Bay Terminal, the biggest expansion project in the Chattogram port’s history, made major progress as the World Bank’s board of executive directors approved a $650 million loan on Friday to finance the dredging of the access channel and construction of the breakwater.
Experiencing negative growth last fiscal year alongside the calendar year, the Chattogram port is on way to witness a rise in the amount of container and cargo handled in the current fiscal year, riding on an increase in foreign trade in recent months.
Slow container delivery from the port created the problem
Until June 15, some 15,553 TEUs of export containers were lying at the 21 ICDs, much higher from 8,000 on any regular day
The number of oceangoing vessels that are Bangladesh-flagged has already gone past 100, a milestone illustrating the country’s noticeable expansion in cargo-carrying capacity.
Operational activities at the Patenga Container Terminal (PCT) will officially begin on Monday under Saudi operator Red Sea Gateway Terminal (RSGT), potentially ushering in a modern era of smart and speedy port operations in the country.
The government has slightly reduced the allocations for transport and power and energy compared to the outgoing fiscal year.
