New container yard opens at Ctg Port
Monday, 3 September 2007
CHITTAGONG, Sept 2 (BSS): The Chittagong port will be now able to handle 65,000 more TEUs of containers annually with the opening of a newly-constructed container yard facility Sunday.
The new facility on 24,200-sft areawith 3,200 TEUs (twenty equivalent units) of containers storage capacity was implemented spending Tk 124.50 million (12.45 crore) as part of the Chittagong Port Authority's (CPA) efforts to increase overall capacity-building and productivity of the country's prime seaport.
The CPA has initiated measures to increase its container storage capacity to 37,637 TEUs from the existing 22,000 TEUs by constructing six more container yards by the end of this year. Officials said work for the remaining five yards has been progressing fast.
Increase in the container storage capacity would help reduce the `dwell time' (average stay time of containers at the port yard) significantly and `turn around time' of ships (average stay time of vessels) at the port.
The officials said the existing number-1 general cargo yard of the port has been turned into a container storage facility by renovation to cope with the continued growth of the maritime trade in containers than the old bulk cargo flow.
The Chittagong port handled 9,13,704 TEUs of containers in 2006-'07 with the annual growth rate of 10.46 per cent. The port often faces the acute container and vessel congestion due to adequate shortage of space for storing export-import cargo-laden containers.
The new facility on 24,200-sft areawith 3,200 TEUs (twenty equivalent units) of containers storage capacity was implemented spending Tk 124.50 million (12.45 crore) as part of the Chittagong Port Authority's (CPA) efforts to increase overall capacity-building and productivity of the country's prime seaport.
The CPA has initiated measures to increase its container storage capacity to 37,637 TEUs from the existing 22,000 TEUs by constructing six more container yards by the end of this year. Officials said work for the remaining five yards has been progressing fast.
Increase in the container storage capacity would help reduce the `dwell time' (average stay time of containers at the port yard) significantly and `turn around time' of ships (average stay time of vessels) at the port.
The officials said the existing number-1 general cargo yard of the port has been turned into a container storage facility by renovation to cope with the continued growth of the maritime trade in containers than the old bulk cargo flow.
The Chittagong port handled 9,13,704 TEUs of containers in 2006-'07 with the annual growth rate of 10.46 per cent. The port often faces the acute container and vessel congestion due to adequate shortage of space for storing export-import cargo-laden containers.