A strike at the Port of Chittagong, triggered by a traffic accident, has paralyzed port operations, significantly impacting the economy of Bangladesh and international logistics. The conflict between workers and the government reflects a crisis in labor relations and challenges to the resilience of the national economy.
The Chittagong Port Authority is responsible for managing, maintaining, and developing Bangladesh's main port. By providing efficient port services, regulating vessel activities, and improving facilities, it continuously enhances service quality and competitiveness, aiming to become a significant hub in global trade.
The severe congestion at Chittagong Port has led to vessel waiting times extending up to 10 days, causing significant overload in the yard. Shipping companies and the freight forwarding industry are suffering massive economic losses, resulting in diminished customer trust and increased operational costs. Freight forwarding enterprises are under pressure, shipping efficiency is declining, and the entire industry urgently needs to optimize its logistics network to tackle these challenges.
Port Louis, Mauritius' largest commercial port, is strategically located in a northwestern coastal fjord as a key South Indian Ocean shipping hub. Featuring multiple berths for containers, bulk cargo and oil, it also has dedicated sugar export terminals with excellent vessel reception capacity ensuring efficient and secure operations. Its prime location establishes Port Louis as a vital East African trade center.
EASTERN BANK PLC. SWIFT/BIC code EBLDBDDH003 ensures secure international remittance, guaranteeing that funds accurately reach Eastern Bank in Chittagong. Customers are advised to verify the code to avoid delays.
Izmir New Port is an important commercial port located in the Aegean Sea of Turkey, positioned in Izmir Bay. It features modern port facilities with an annual throughput exceeding 5 million tons and a container handling capacity of 70,000 TEUs. The optimization of facilities in the new port area and upcoming expansion projects will further enhance its position within the global maritime network.
Gule Port, located on Gule Peninsula in Zhangzhou City, is a key base for developing deepwater port economies in China. Its unique geographical location, abundant resources, and focus on industries such as petrochemicals and steel provide new vitality to the regional economy, enhancing commercial circulation and import-export trade. Gule Port will be your ideal choice for success.
The Sabah Port Authority is dedicated to enhancing port service efficiency, acting as the manager and regulator of port facilities. By implementing strict standards and leveraging technological innovations, it aims to advance Sabah's ports towards regional competitiveness, contributing to economic development.
In 2025, Osaka Port Company joined IAPH, focusing on efficient port management and services to enhance cargo throughput capacity. The company is committed to promoting sustainable development while establishing a strong brand image.
The SWIFT code for FIRST SECURITY ISLAMI BANK PLC in Chittagong is FSEBBDDHJUB. It is important to verify its accuracy before use to ensure a smooth international remittance process, avoiding mistakes and additional charges.
