Storage rent doubles as import boxes pile up at Chittagong ahead of Ramadan

Chittagong Port Authority (CPA) this week doubled the rent for FCL import containers staying in the port yard for more than 11 days after the facility became flooded with uncollected boxes, disrupting Bangladesh’s prime gateway.
The number of FCL containers at the port yard exceeded its designated capacity of 34,864 teu, forcing the port authority to store them at places allocated for other boxes.
The penalty was supposed to be introduced on …

The post Storage rent doubles as import boxes pile up at Chittagong ahead of Ramadan appeared first on The Loadstar.

Source: The Loadstar

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