Chittagong Port posted 21.13 percent annual growth in container handling in fiscal 2010-11, the highest in 16 years. The annual growth of container handling did not register such increases since 1994-95, said officials of Chittagong Port Authority (CPA). The handling of export containers saw an increase of 23.25 percent in fiscal 2010-11, compared to the previous year. The growth in terms of handling bulk cargo, goods both in container and bulk by the port and arrival of merchant vessels also registered significant growth compared with the previous year, they added. CPA Chairman Commodore M Anwarul Islam sees it as a positive result of some recent initiatives taken by the authority and a rise in the country's exports. The port handled 14.68 lakh TEUs (twenty equivalent units) containers in 2010-11, up from 12.12 lakh TEUs in the previous year, according to the CPA Traffic Department. CPA Director (Traffic) Enamul Karim said the growth is a record high in recent years. Besides cont...
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