Chittagong port is the only naural port of the world. Chittagong is the major port for bangladesh, handling around 85-90% of the nation's trade.The goverment of bangladesh (GOB) earns around 30% of its revenue from custom house chittagong (CHC) and chittagong port.
CHITTAGONG port is the most important gateway for the external trade and handles nearly 90 per cent of the country’s export and import cargo. The growth of the volume of business through the port is 14 per cent per annum and this is expected to shoot up rapidly in the near future. This explains the great significance of this port for the national economy. Only by running it efficiently and cutting down handling time at different stages, better earnings and security of the country’s export and import trade can be achieved. Furthermore, the port can be readied to handle regional cargo and earn lucrative amounts of money.
In the near past focussed attention was given to improving the operations of the port. The results were found impressive. Indeed, the improved functioning of the port was useful for business. The congestion noted earlier completely disappeared and foreign shipping companies started taking lower charges for calling Chittagong port. But it seems that the good days of Chittagong port could be over soon if the policy planners at the highest level of the government do not immediately realise the great importance of taking very resolved steps to sustain the improvements which were painstakingly achieved.
Over the last one year, vested interests appear to have staged a full comeback and are holding their sway over the port once again. As a consequence external trade is again facing losses worth at least US$ 5.0 million a month due to imposition of congestion surcharge afresh by the feeder operators. The stay time of ships at the port has increased again from 7 to 12 days on average that had come down to only one day. Thus, the government should realise the need of taking immediate measures to improve its operational efficiency.
There is almost a break-down in the management of Chittagong Port which is the lifeline of the country’s economy. A meeting was held in the office of the Prime Minister on September 15 last to discuss the situation in Chittagong Port. The principal secretary to the Prime Minister presided over the meeting. The Port authority presented a paper in the meeting identifying the reasons for the precarious condition of the port. Representatives of shipping agents association, BGMEA, Chittagong Chamber and other organisations as well as the high officials of the port authority attended the meeting.
The Chittagong Port is the key route? of Bangladeshi economy.The Chittagong Port being the principal seaport of Bangladesh handling about 92% of maritime trade of Bangladesh. With the economic growth of the country and government response towards globalization and trade liberalization, cargo handling at Chittagong port has been rising sharply. Because of the steady growth in the volume of container arriving at the port, the port authority has been implementing various development programmes ...
Army was called in to deal with striking dock workers who went on a rampage attacking guards and vehicles at Bangladesh's main port of Chittagong on Wednesday. Police burst teargas cannisters and fired rubber bullets to disperse the workers. At least 20 people were injured in the clashes. The strike was in protest against handing over of container and bulk operations to the private-sector which, the workers claim, left 1,500 casual workers jobless. A spokesman for the Chittagong Por
The Saif PowerTech started operation Tuesday under a new contract in Chittagong port. Under the new contract signed with the Chittagong Port Authority (CPA), it is now handling each 20 equivalent unit (TEU) container at the Chittagong Container Terminal at the rate of Tk 155, which was Tk 505 per unit till Monday. The Saif PowerTech officials said the commencement of unloading containers from the Liberian flag vessel MV Hansa Stealsund took place at 3.00pm Tuesday. The vessel wi.
Below is an attempt to analyze the different aspects and of just-in-time'(jit) approach and to apply the concept to improve the management efficiency of chittagong por
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