More cargo chaos at Chittagong Port as transport operators strike
Shippers are facing more upheaval at Chittagong Port – transport operators began a 48-hour strike ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
It may have been much anticipated, but it turns out that the UK’s recent decision to lift the ban on cargo carried on direct flights out of Bangladesh has amounted to a hill of beans (ie, not much). According to Bangladesh’s Daily Star, the only airline with direct flights between Dhaka and London is Biman Bangladesh – except that it doesn’t have direct flights, because it is currently banned from operating in the EU due to security issues. While the airline is hopeful of a resolution to the problem soon, it means that Bangladesh’s long-suffering exporters are still paying over the odds to fly their goods out of the country. International airlines offering services to the UK – mainly the Middle Eastern carriers – must still re-screen cargo in the transit country. The paper reports that the rescreening process costs Bangladeshi exporters an additional 10-20 cents per kg, depending on the airlines, and adds eight to 12 hours to the transit time.
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