Danish shipping giant Maersk to assemble a 200,000 sq. ft custom bonded warehouse in Bangladesh.
Danish shipping company Maersk Bangladesh has collaborated with Ispahani Summit Alliance Terminals Limited (ISATL) to assemble a 200,000 sq. ft custom bonded warehouse. The new distribution center will twofold the current capacity at ISATL and expand the current ecosystem at Chattogram by 8%.
Maersk has been serving Bangladeshi exporters to associate with the worldwide market for nearly thirty years.
In the scope of the partnership, ISATL will construct a new custom bonded warehouse inside the existing facility situated at Pathortoli in Chattogram. ISATL is a pioneer in developing and managing warehouses and CFS and operates four CFS in Chattogram and the River Terminal at Dhaka.
The development of the new CFS has, as of now, started and is relied upon to be finished in a staged manner before the end of 2022.
“Maersk’s obligation to interface and improve on our clients’ supply chains implies that we take a glance at long-term solutions for issues like the longstanding clog inside the ecosystem. We handled what was happening in 2021 by sending an extra vessel for evacuating export-loaded containers” said Angshuman Mustafi, Managing Director at Maersk Bangladesh.
He also added, “The arrangements gave quick alleviation to the environment, however, there was a requirement for a complete solution to enhance ocean shipping, port management, and inland operations that would help exchange the long term. By collaborating with ISALT, we are laying out a facility that can, to some extent, decongest the system from the landslide and smooth out the progression of freight all through Bangladesh.”
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Aside from adding a limit, the facility will offer a few different advantages to Bangladesh’s exports. Among others, the new facility is being worked on by benchmarking globally accepted procedures about safety and other rules. It will be a modern multistoried facility in Chattogram which will have capacity at G+2 levels. Maersk will likewise offer clients Garment on Hanger office, arranging, item review, marking, scanner tag, and RFID examining among others.
Such development would add a lot more potential to the ship warehousing industry, along with positive gains in achieving a better ecosystem.