Concerns are escalating over the handover of Chattogram’s New Investor Container Terminal to a foreign operator, initially promoted by the previous Awami League government. Hafen workers and political groups fear job losses and economic repercussions. Despite the interim government’s insistence on improved efficiency, local opposition is intensifying as upcoming reviews loom.
Christopher J. Wiernicki, Chairman and CEO of ABS, highlighted the uncertainty surrounding the IMO’s proposed carbon levy and its impact on the shipping industry. He emphasized the importance of effective implementation and enforcement, raising questions about potential costs per ton. Shipowners are hesitant to invest due to the unpredictability introduced into the market.
The construction of the Greenfield Vadhvan port along the Palghar coast involves reclaiming 3,500 acres from the sea using sand dredged from 50 km away. Local activists, fishing communities, and experts are concerned about negative impacts on the marine ecosystem. Critics warn of harm to sea ecosystems and call for transparent surveys before dredging.
The fifth annual survey by Danica Crewing Specialists shows a persistent shortage of competent seafarers leading to increasing benefits for industry workers. Wages are rising, job choices are more selective, but welfare concerns remain. Disparities in wages among ranks and nationalities are evident, with issues like fake experience and crew welfare challenges also highlighted.
