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Future challenges for Chattogram Port

Published : Sunday, 20 October, 2024 at 12:00 AM  Count : 380
The recent performance of Chattogram Port underscores its vital role as the prime maritime gateway for Bangladesh, reflecting resilience and growth in the face of global economic challenges. 

A reported growth rate of 1.66% in container handling during the first nine months of the year is an encouraging sign, with approximately 24.42 lakh TEUs processed compared to 22.87 lakh TEUs during the same period last year. This increase of 1.55 lakh TEUs illustrates the port's capacity to adapt and thrive even amidst political and economic uncertainties.

The impressive handling of cargo-9.20 crore metric tons this year versus 9.05 crore metric tons last year-further emphasizes the port's crucial position in facilitating trade. With around 92% of Bangladesh's import and export trade channeled through Chattogram, the port is indispensable to the nation's economy. 

Notably, about 98% of cargo containers transported via all Bangladeshi seaports move through Chattogram, highlighting its dominance in maritime logistics.

The improvements in operational efficiency at Chattogram Port are particularly noteworthy. The implementation of computerized handling systems and the expansion of port facilities have significantly reduced the waiting time for vessels. 

Ships can now dock almost immediately upon arrival at the outer anchorage, a remarkable enhancement that streamlines operations and boosts overall productivity. With 16 vessels currently at the jetties and 78 waiting at the outer anchorage, the port's ability to manage high volumes of traffic is commendable.

Moreover, the gradual easing of the dollar crisis has started to positively impact trade flows, with both imports and exports seeing a slight uptick. This trend is critical for sustaining the momentum of growth and ensuring that the port can continue to handle increasing volumes of trade efficiently.

Despite a drop in ship handling numbers, the overall increase in container and cargo throughput suggests that Chattogram Port is focusing on enhancing the quality and efficiency of its operations. This strategic shift is essential in maintaining its status as a pivotal player in regional trade.

Looking ahead, the port authorities aim to sustain and build upon this growth trajectory. Continued investment in infrastructure, technology, and operational practices will be crucial in addressing future challenges and capitalizing on emerging opportunities in the global trade landscape.

Chattogram Port's growth amidst adversity not only reflects the resilience of Bangladesh's maritime trade but also signals a promising future. With ongoing improvements and a commitment to efficiency, Chattogram Port is poised to remain a key engine of economic growth for the country. As it navigates the complexities of international trade, the port will continue to be a cornerstone of Bangladesh's economic development and connectivity.



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