Chattogram Port Suspends Fourfold Penal Rent on Dangerous Cargo Following Decline in Risky Containers

The Chattogram Port Authority (Ctg Port) has suspended the fourfold penal rent previously imposed on containers carrying dangerous and chemical-laden goods. This punitive measure, which had been in effect since a directive issued on March 31, 2021 (for over four years), was suspended through a new notification from the transport division on Thursday (November 20).

Port officials cited a sharp decline in the volume of risky cargo within the terminal as the main reason for restoring normal operations and suspending the penal rent. The officials attributed this significant improvement primarily to recent disposal drives led by Chattogram Customs.

Last week, a two-day operation was conducted to neutralize and destroy 25 long-abandoned, dangerous containers. This cargo included items like uncoated calcium carbonate, orange emulsion, whey powder, and skimmed milk powder, which had deteriorated and posed safety risks.

Similar actions were taken last year, including the destruction of four highly flammable containers that had been idle for 14 years.

The National Board of Revenue (NBR) has also completed an inventory of approximately 6,069 containers to accelerate auctions and free up yard space.

These combined efforts have successfully eased pressure inside the port and lowered the risk of accidents, thus permitting the temporary suspension of the high penal rent.

Port users, importers, and customs agents have widely welcomed the decision, noting that the fourfold rent often exceeded the value of the goods, discouraging timely delivery. Veteran customs agent Akber Chowdhury stated that the move will encourage traders to release sensitive cargo without fear of excessive storage costs, as such cargo typically requires longer clearance due to multiple checks and lab tests.

However, the port authority reminded importers that the prompt delivery of dangerous and chemical cargo remains essential. Any delay could lead to a return of congestion and trigger the re-imposition of stricter measures.