Chittagong doubles demurrage fees to fight congestion
Chittagong has doubled demurrage fees in the past to make more space in its congested yards.
The Chittagong Port Authority (CPA) has doubled the penalty for containers kept in its yards past free time to $12 per TEU per day and $24 per FEU, as the port struggles against persistent congestion.
The…
Chittagong doubles demurrage fees to fight congestion
Journal of Commerce