The Chittagong Port in Bangladesh, which is responsible for handling bulk of imports and exports has experienced a decline in container handling even as it was able to maintain the three-million status intact.
As per reports, the port witnessed a decrease of 2,48,014 Twenty-Foot Equivalent Units (TEUs) containers in the recently concluded fiscal year (FY) 2022-23 compared to the previous year.
However, despite the decline, the port successfully maintained its three-million status, having handled 30.07 lakh (3 million) TEUs by the end of FY ’23.
In FY ’22, the port handled approximately 32.55 lakh (3.25 million) TEUs, while the figure for FY ’21 stood at 30.97 lakh (3.09 million) TEUs. Although container handling experienced a decline, the cargo handling at the Port witnessed an increase of 1,22,000 metric tonnes.
According to the port’s data, a total of 11.82 crore metric tonnes of cargo were processed in FY ’23, surpassing the previous year by 1.22 lakh metric tonnes.
Additionally, the port welcomed 4,253 ships, which was 22 more than the previous fiscal year.