Chittagong Port will implement new tariffs from midnight next Tuesday, with rates rising by an average of 41%. The hike comes just before four major container terminals are handed over to foreign operators, who will collect a significant portion of the fees.
Shipping companies, including Maersk Line, have already announced higher surcharges, with terminal handling charges for a 20-foot container increasing by up to USD 45. Experts warn that the move will push up import costs and consumer prices, potentially fueling inflation.
The International Finance Corporation (IFC) noted that the current tariff structure was insufficient to attract private investment. However, critics argue the increase mainly benefits foreign operators rather than improving port capacity. Once implemented, Chittagong Port will become the second most expensive in the region, surpassing 13 regional competitors.
