THE 60-hour downtime from a typhoon at the Port of Chattogram is expected to result in US$4.62 million demurrage charges for 68 ships engaged in cargo handling at the time, reports Dhaka's Business Standard.
The typhoon, known locally at Cyclone Remal, brought operations at Chattogram port to a standstill for 60 hours, severely impacting cargo loading and unloading activities, including container deliveries.
This disruption has also resulted in the stranding of 5,000 TEU of export cargo at 19 inland container depots at the port. Of these, 80 per cent contain readymade garments.
According to the Bangladesh Shipping Agents' Association (BS), the operation suspension has resulted in delivery delays to 2.4 million tonnes of goods. Products include edible oils, raw materials for industry among others.
Said BS chairman Syed Mohammad Arif: 'The two-and-a-half-day suspension of cargo loading and unloading will lead to congestion of ships and containers. Importers will have to bear the additional port charges for the ships, which will negatively impact product prices in the market, leading to an increase in consumer prices.'
Cargo loading and unloading activities were suspended after the Met Office issued a Signal 9 warning for the Port. That night, 49 mother vessels that were unloading cargo at the anchorage were sent back to the deep sea.
The next day, the port sent 19 ships that were in port to the deep sea during the high tide. It took about three days for cargo unloading operations to resume. According to shipping agents, the daily charter charge for feeder vessels that unload cargo at the port jetty is $20,000 per day.
Due to the 60 hours of additional time spent by the 19 ships, the charterers of the ships will have to pay a total of $950,000 excess in rent.
SeaNews Turkey
The typhoon, known locally at Cyclone Remal, brought operations at Chattogram port to a standstill for 60 hours, severely impacting cargo loading and unloading activities, including container deliveries.
This disruption has also resulted in the stranding of 5,000 TEU of export cargo at 19 inland container depots at the port. Of these, 80 per cent contain readymade garments.
According to the Bangladesh Shipping Agents' Association (BS), the operation suspension has resulted in delivery delays to 2.4 million tonnes of goods. Products include edible oils, raw materials for industry among others.
Said BS chairman Syed Mohammad Arif: 'The two-and-a-half-day suspension of cargo loading and unloading will lead to congestion of ships and containers. Importers will have to bear the additional port charges for the ships, which will negatively impact product prices in the market, leading to an increase in consumer prices.'
Cargo loading and unloading activities were suspended after the Met Office issued a Signal 9 warning for the Port. That night, 49 mother vessels that were unloading cargo at the anchorage were sent back to the deep sea.
The next day, the port sent 19 ships that were in port to the deep sea during the high tide. It took about three days for cargo unloading operations to resume. According to shipping agents, the daily charter charge for feeder vessels that unload cargo at the port jetty is $20,000 per day.
Due to the 60 hours of additional time spent by the 19 ships, the charterers of the ships will have to pay a total of $950,000 excess in rent.
SeaNews Turkey
