Financial Daily from THE HINDU group of publications Monday, May 22, 2006 |
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Logistics
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Shipping Choc-a-bloc at Chittagong
The port is believed to have the capacity to store 12,000-13,000 boxes but close to 18,000 have been unloaded. A large number of container ships, therefore, are waiting for berths. No wonder the mainline operators have slapped congestion surcharge. The traders are upset as a result. The port authority is trying its best to resolve the crisis through various means but not with much success so far. The number of container vessels calling at the port has jumped significantly in recent times. Thus, while the volume of traffic has increased, not the facilities to handle the increased volume of traffic.
Our Bureau
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