Bangladeshi feeder vessel operator HR Lines, a subsidiary of the country’s only container vessel owning firm Karnaphuli Group, is now in the final stage of negotiations with a Chinese shipbuilder over building four 3,000 TEU-capacity vessels.

Traders who import goods from Myanmar through Teknaf land port have become hostage to an organised syndicate at the trade gateway on the southeastern border of the country.

The port city is set to get its first multi-modal container depot in two years, which will enhance Chattogram port’s capacity to handle export-bound and imported goods.

US President Joe Biden was to host a meeting on Wednesday to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday season, while he asks business and union leaders to do more to ease shipping backlogs.

Trade  through Banglabandha, Hili, Birol, Sonahat and Burimari land ports is  set to remain suspended for six days beginning yesterday for Durga Puja,  the biggest religious festival of the Hindu community in Bangladesh and  neighbouring India.

Entrepreneurs in Bangladesh need as many as 39 approvals from various government agencies before their goods are released from Chattogram port, a sad circumstance that hurts businesses, a new report said.

Two foreign merchant ships have finally been able to berth at the ​​Mongla seaport after facing a five-day delay due to navigability issues.

Operations at the country’s premier Chattogram sea port have resumed after around 35 hours with a countrywide work abstention enforced by a section of logistics service providers being called off yesterday afternoon.

Most of the operations at Chittagong port remain suspended for the second consecutive day today, as a faction of owners and workers of goods transport are observing a countrywide 72-hour work abstention since yesterday.

Around 400 trucks carrying imported goods from India are waiting to unload goods at the Burimari land port of Patgram upazila in Lalmonirhat due to a shortage of space in customs’ warehouses.

Several hundred trucks have been waiting outside the Banglabandha land port for the past 12 days for space to be made available for exports to be offloaded on the Indian side.

China’s exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world’s second-biggest economy as it navigates its way through headwinds from several fronts. 

An overall decline in the country’s foreign trade last year for the pandemic brought the Chattogram port down nine places in the latest ranking of Lloyd’s List “One Hundred Container Ports 2021” analysing annual container transport of 2020.

The Banglabandha land port in Rangpur’s Panchagarh district collected a record-high amount of revenue in fiscal 2020-21.

The construction of the Bay Terminal, a long-awaited project of the Chittagong port, is gaining momentum after slowing down due to the coronavirus pandemic as the government looks to complete it by 2024.

Another privately built jetty has come to the aid of the Chattogram port as it allowed the country’s largest seaport to use the facility to berth bulk vessels carrying heavy items.

Trade through the Banglabandha land port resumed on Saturday after remaining suspended for 12 days marking Eid-ul-Azha.   

A National Board of Revenue’s (NBR’s) temporary permission to shift import-laden containers from the Chattogram port to private inland container depots (ICDs) as a decongestion effort seems to have borne no fruit.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the government to allow them to reopen all factories, including export-oriented industries, citing that export might suffer severely for the continued restriction.

A Colombo-bound vessel carrying export containers has been kept impounded at the Chattogram port’s outer anchorage for the last eight days by Chittagong Port Authority (CPA) following a High Court order.