Congestion at Asian and European ports keeping charter rates firm
UPDATED TO CHANGE ECONDB DELAYS FROM VESSEL WAITING TIMES TO CONTAINER DWELL TIMES. Bottlenecks at Asian ...
© MD Kajol
Chittagong Port is facing the worst situation in its history, with more than 40,000 teu lying in yards for nearly two weeks, and more than two dozen vessels at the port area for over a week.
Pressure has grown since Eid-ul-Azha, and lockdown-linked closure of factories and warehouses across the country since 20 July has hampered delivery of boxes from the port yards.
However, the National Board of Revenue (NBR) has now allowed all types of containers to be delivered to the off-docks, ...
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