New Mooring terminal to go ahead

The government of Bangladesh has ratified a contract awarded to China Harbour for the construction of the New Mooring container terminal at the port of Chittagong at a cost oUS$134m. Once built, the one million TEU/year facility will have a private operator appointed.

At present, container terminals at these ports are divided into completely separate berth operations, often managed by totally distinct stevedoring outfits employing a bewildering variety of loading and handling systems. As part of the new scheme, all these operations will be integrated with the aim of driving down costs by eliminating unnecessary functional duplication.

Chittagong currently handles 600,000TEU/year.