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Port

Bangladesh at centre of Quad’s Indo-Pacific vision

The United States is considering the development of a port in Bangladesh under the Quad Ports of the Future Partnership, a flagship initiative of the Quad grouping—comprising Australia, India, Japan, and the United States—set to be formally launched later this month.

Highlights:

          • Bangladesh’s Geostrategic Advantage
          • Ports as Engines of Growth
          • Changing Political...

Ramadan trade disrupted as importers delay cargo clearance

Amid the holy month of Ramadan, allegations have emerged against certain traders for stockpiling imported goods at Chittagong Port, allegedly to create an artificial crisis and drive up market prices.

According to port officials, some importers are deliberately delaying the release of their goods, effectively using the port’s yards as storage facilities. This has resulted in an artificial shortage, with approximately 40,000 Full Container Load (FCL) containers currently occupying space in the port yard and off-docks.

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