Bangladesh looks at demurrage waiver as containers pile up in Chittagong
The Chittagong port yards now have close to 40,000 teu of containers, mainly loaded with ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
If you are trying to get garments out of Bangladesh, expect delays, both by air and sea. According to forwarder Ligentia, shippers are looking to sea-air services to avoid airport delays, where security and scanning issues have slowed processes. Sea-air services are via Singapore, Dubai or Colombo. At Chittagong port, however, ships carrying raw materials have been unable to dock after the port suspended operations in May due to a cyclone – and the congestion has yet to ease. Delays are four to five days, according to one company. To make matters worse, reported Sourcing Journal, an April strike by shipping workers has added to the congestion.
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