Fundraising to solve logistic problem in Chittagong port

Created June 01, 2019

Campaign Details

PROJECT PROFILE

TRANSHIPPER VESSEL

FLAT TOP TANK BARGE

TUG

SELF PROPELLED HOPPER BARGE

PURCHASE

FOR

COAL, CLINKER, SLAG, GYPSUM, LIMESTONE,

BOLDER & AGGREGATE

LIGHTERAGE OPERATION

In the movement of goods from shipper to consignee there are five physical steps and two document steps, out of which a ship has a key role in the physical step. Faster trade expansion is being driven by stronger growth across most regions, especially in developing economies. In 2017 developing economies imports grew faster in value than those of developed economies with imports increasing by 13 percent meanwhile exports from developing economies grew by 12 percent reaching a share in world trade just over 43 percent.

The market based economy of Bangladesh is the 42nd largest in the world in nominal terms and 31st largest purchasing power party. It is classified among the next eleven emerging market middle income economies and a Frontier market according to IMF.

Bangladesh has pursed export oriented industrialization with its key export sectors include textile, shipbuilding, fish, seafood, jute and leather goods. It has also developed self-sufficient industries in Pharmaceuticals, steel, and food processing. Main import products of Bangladesh is Textiles and Textile articles, Machinery and Machinery appliances Electrical equipment, Mineral products, Metal & metal products, Chemical & Allied products Vehicle & aircraft.

The development of cement industry in Bangladesh dates back to the early fifties. Till 1990 about 95% of the country’s demand had been met through import. Some enthusiastic entrepreneurs ventured into setting up cement plants during 1997 to 2000 which opened a new era in this sector. Prior to inception, Bangladesh used to import cement from global market. As new players entered into the market with no participants, they tapped into the already existing huge demand for cement. The dependency on import lowered in the following years, currently local producers and multinational companies have engaged in cement production to fulfill the local demand. Presently the actual production of all plant in Bangladesh is roughly 61 Million MT per annum. The major cement manufacturers are imputing the required raw materials including clinker, gypsum, fly ash and iron slag from abroad and using grinding technology to provide cement. Bangladesh imports about 54 Million Metric Ton cement Clinker per year.

Bangladesh have 3 Major ports. Port Chittagong, Port Mongla and port Pyra.

As per statistical data obtained from 3 ports in an average

I. 211 vessel arrives at Chittagong Port out of which about 50 vessels arrives on a daily basis with Bulk commodity which is about 2.1 Million tones.

II. 42 vessel arrives at Mongla Port out of which about 20 vessels arrives on a daily basis with Bulk commodity which is about 1.0Million tones.

III. 4 vessel arrives at Pyra Port out of which all 4 vessels arrives on a daily basis with Bulk commodity which is about 200,000MT of Bulk cargo.

[Source: Port authority publication, Bangladesh]

Cargo :

COAL: Coal import has reached 1.4 Million tons at Chittagong port and 110,000MT at Mongla port. Import of coal is estimated to increase to supply coal fired power plants planned in Bangladesh Coal transshipment terminal planned at Matarbari area is expected to import 9 Million tons in 2026, 14 million tons in 2031 and 41 million tons in 2041.

CEMENT CLINKER:

Import of cement clinker has reached 19 million tons at Chittagong port and 1.6 Million tons at Mongla port. Future volumes are forecast to increase demand for cement production. Amount of clinker import is estimated at about 65 million tons in 2041.

LIGHTERAGE OPERATION:

The mother vessels cannot directly enter the port jetties to unload large volumes of cargo due t the low draft at the outer anchorage area at Chittagong, Mongla & Pyra.

Lighter vessel are the only means to unload goods that arrive with bulk cargo. There are 39 river jetties across the country including Chittagong, Dhaka and Narrayangonj for unloading goods from lighter vessels. According to the WTC (Water Transport Cell) a forum of the lighter owners who distribute lighters to importers for shifting goods from large vessels, 2100 lighters have received license from the government but there are only 1450 lighters in operation at the Chittagong port. In present situation for Chittagong port time take to lighter 50,000MT of cargo takes nearly 60 to 70 days due to the crisis of lighter vessel. Importers hire foreign vessel in terms of unloading an average 3,000 tons of Goods from the mother vessels every day on average. The importers have to pay extra charges of 10,000USD to 16,000SD per day on average to the foreign ships for the vessels overstay. The cost of imported goods through the Chittagong port has increased 12.1USD per Metric tons due to shortage of lighter vessels.

Keeping the economical balance for import cargo in bulk following is a shot summary of our project profile:

SL. NO NAME OF THE PROFILE

01. PURCHASE USED FLOATING TRANSFER STATION, 1800TPH – 5 UNITS

02. PURCHASE USED FLAT TOP BARGE , CAPACITY 8000 MT – 3 UNITS

03. PURCHASE USED TUG BOAT 17 TBP – 3 UNIT

04. PURCHASE USED HOPPER BARGE , SELF PROPELLED, CAPACITY 5000MT EACH - 10 UNIT

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Riaz Ahmed

Raised

$0

Goal

$45M

0

Donor

99

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