Shantou Yitong International Forwarding Co.Ltd.

Shantou Yitong International Forwarding Co.Ltd.

Mountains of Containers at the Port! Businesses Face Huge Demurrage Fees!

2024 08/07

Protests in Bangladesh over the past week have disrupted port operations and logistics, leading to the accumulation of nearly 40,000 containers at Chittagong Yard. Importers are facing significant demurrage charges, and businesses are urging the government to waive these fees. The Junior Shipping Minister indicated that if companies submit applications, the government might agree to waive the fees. Currently, Chittagong Port is under severe pressure, with a large number of containers occupying about 80% of the yard's space.