Dhaka, Feb. 23 -- The Chittagong Port Authority (CPA) has warned of imposing a four-time high rent for containers stored in the port yards and the Kamalapur inland container depot (ICD), effective from March 10, amid a huge stockpile of boxes in the two establishments.

It has found that some importers have been storing containers for more than 21 days, disrupting the normal operations there.

Till Saturday, some 40,543 twenty-foot equivalent units (TEUs) of containers were lying at the port jetties, where the total capacity is 53,518 TEUs. At the Kamalapur ICD, there were around 1,757 TEUs of containers against its total capacity of 4,267 TEUs.

CPA on Thursday in a notification said container delivery from the port yards and the Kamalap...