Sending all containers to Chittagong depots stops

The tenure for sending all types of containers to the Chittagong off docks from the port yards, which was temporarily introduced back on 25 July after boxes stockpiled at the yards following Covid-19 linked factory shutdown and Eid holidays, has ended today, 31 August.

Therefore, from 1 September, the port authority will send only 38 types of goods laden containers to the 17 privately owned inland container depots, like in the past.

Traders said sending of all types of goods laden boxes to the off docks has helped lower the container congestions at the port yards and conducting smooth operations there and also lowered the vessel queue at the outer anchorage of Chittagong port.

Officials said apparel is the main export item of Bangladesh and the garment makers had been strongly opposing the shifting of all goods laden boxes to the private container depots citing severe cost hike and additional time consumption.

Therefore, although the decision taken on 25 July has largely helped to contain congestions both in the port yards and outer anchorage, the National Board of Revenue did not announce an extension of the tenure.

On 31 August, 37,384 containers were lying at the port yards compared to the total storage capacity of 49,018TEU.

Source: Container News


Related News

Yard density and container delays force Antwerp terminal to set cargo opening rule
Yard density and container delays force Antwerp terminal to set cargo opening rule

Port of Antwerp's MSC PSA European Terminal (MPET) has decided to implement a Yard Opening Time (YOT) scheme for all containers delivered at Q1718 and Q1742.

Is it time for container spot rates to arrest their fall?
Is it time for container spot rates to arrest their fall?

It has been a norm for the Global Container Spot Rate Indices to have weekly falls in rates, one after the other, ever since February 2022.

2021 is a peculiar year for container shipping
2021 is a peculiar year for container shipping

This year is turning out to be a spectacular year in container shipping; freight rates are record high, more cargo than ever before is shipped on the transpacific trade lane specifically and globally in general, and the previous annual record on new orders for container ship capacity has just been breached – in less than eight months.


main.add_cart_success