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Private inland container depots (ICDs) are now overburdened as businesses started sending export containers seven to eight days before the scheduled shipments to avoid being affected by the nine-day Eid-ul-Azha vacation starting from today.
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Cashing in on the growing demand for spices ahead of Eid-ul-Azha, the second largest religious festival of the country, traders have increased prices of spices to earn some extra buck.
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Businesses fear vessel congestion in Chattogram port will get worse in the days to come as the delivery of cargoes would slow down during Eid vacation starting Sunday.
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Chattogram sea port has moved six notches up to become the 64th busiest container port among 100 top ports across the world, according to the latest Lloyd’s List -- world’s oldest journal on port and shipping.
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Owners of the 19 private inland container depots increased their tariffs yesterday amid strong opposition from businesses and in violation of the ICD Policy 2016.
