Financial Daily from THE HINDU group of publications Monday, May 01, 2006 |
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Logistics
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Shipping Chittagong-Singapore feeder service
In all five vessels, capacity ranging from 360 to 660 TEUs, are being deployed. But the service has been launched at a time when the congestion at Chittagong port has left a number of vessels waiting at the outer anchorage of the port. Till a few days ago, as many as 21 vessels were waiting, 15 of them container vessels. The congestion is believed to have been caused by the recent spurt in imports and exports, with the result the number of feeder services between Singapore and Chittagong has risen to 47 from the earlier 29.
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