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Port congestion in South Asia is serious, and importers and exporters suffer heavy losses

Time:2021-07-28 Publisher:Kevin Num:5351

With the relative improvement of the epidemic situation, the global freight demand surged, which also made the port unprecedentedly lively.

 

However, relevant people pointed out that due to the current insufficient transport capacity of the port to meet the huge freight demand and the shortage of containers, many ports have congestion, and the ports in South Asia are no exception.

 

As we all know, Chittagong in Bangladesh is a major garment import and export port in the world. 

Now, due to the increase of freight demand and the shortage of containers, the port is facing a serious problem of cargo accumulation and port congestion, which also affects some ports in India.

 

No one in Chittagong took the container

 

Chittagong is affected by the national blockade policy, which prevents many container ships from entering Bangladesh. 

At the same time, affected by the new round of epidemic, many importers can hardly enter the port to collect containers, which leads to serious congestion in the port.

 

A set of data released by relevant institutions shows that as of July, the cargo stacked in Chittagong port has reached 42689 TEU, while the total capacity of the port given by the official is 45000 TEU. It can be seen that the port is nearly full.

 

In contrast, the goods delivered from the port are less than 200teu. In the past, the average delivery volume of the port was 3000, but now it is less than one tenth, and the proportion of goods in and out is seriously unbalanced.

 

Many importers said that due to the blockade policy implemented by Bangladesh, many businesses could not be carried out. 

Due to the high cost, many factories and warehouses had been temporarily closed and employees had been on holiday. 

Therefore, no one went to the port to pick up containers, which is also one of the reasons for the accumulation of goods in the port.

 

At present, Bangladesh Port Authority intervenes in this matter by transferring all these containers to private inland container yards to alleviate the pressure of port cargo accumulation.

 

The port authority also announced that if the importer fails to receive the goods within 4 days of the arrival of the goods, he will be severely punished.

 

The shortage of containers has led to poor business for Indian exporters

 

Similar to Chittagong, many ports in India do not have surplus containers for exporters, which also makes a large number of goods piled up in the port.

 

Coupled with the high freight costs caused by container shortage and port congestion, the profit of goods is gradually compressed, which is a great test for Indian exporters.

 

Recently, the Federation of Indian exporters launched an online website to facilitate exporters' business operations.

 

The president of the Federation said that on this platform, exporters can put forward requirements for the size of containers, and freight companies can also give their quotations, which can fully maintain the transparency of the market.

 

Not only for Indian ports, but also for global freight participants, the shortage of containers has become the most difficult problem in front of them.

 

If you are worried about not finding container space, GLA can provide 40 foot container leasing and SOC cabinet global services.

 

Main lines include:

 

l Chinese ports to European countries

 

l Chinese ports to Moscow, Russia

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