Friday, June 27, 2025
Home News Hydrogen per-oxide export from Bangladesh suspended as depot fails to comply

Hydrogen per-oxide export from Bangladesh suspended as depot fails to comply

Exporting hydrogen per-oxide has again become suspended from Bangladesh after the customs authority put on a restriction on the lone depot that was handling the chemical export.

Export of the item was first suspended in April 2022 when a fire broke out in the BM Container depot that killed 49 people and injured several hundred. Following the incident, the PSA Singapore on 9 June imposed a restriction on carrying hydrogen per-oxide through the port that also barred exporting the chemical from Bangladesh.

Following PSA’s restriction, no ship liners were agreeing to carry hydrogen per-oxide thus export remained suspended for two months. The export was resumed again on 10 August as the PSA revoked the notice in June where it said “the inventory level for hydrogen peroxide has been closely monitored and kept within safe levels”.

After the incident at the BM Container depot, from June last year, only one depot namely Chittagong Container Transportation Ltd (CCTL) was handling hydrogen per-oxide.

However, Chittagong Customs last week asked the CCTL not to handle hydrogen per-oxide as the depot has failed to comply with the requirements for handling dangerous substances.

This decision has created severe disruption in exporting hydrogen per-oxide and some 15 containers stuffed with the chemical substance worth US$120,000 were sent back to the factories. According to traders, there are concerns that work orders of US$3.4 million could be cancelled.

Stakeholders opined that unless the depot is given re-approval to handle hydrogen per-oxide soon, the export market will fall in danger to be lost from Bangladesh’s grip.

Mostafa Kamal, president of the Basic Chemical Manufacturers Association of Bangladesh, said the country is presently facing a severe dearth of foreign currencies. The ban means no forex will come from the sector. “We immediately need to find out an alternative way for the continuation of exporting hydrogen per-oxide,” he pointed out.


Sharar Nayel
Asia Correspondent





Latest Posts

Trump’s icebreaker gambit: US sets course for Arctic power play against Russia

In a move that could reshape Arctic geopolitics and redefine shipping lanes for decades, former US President Donald Trump revealed that he has offered...

Port of Barcelona strengthens position as investment magnet with new agreements

Port of Barcelona Management Board has approved four strategic initiatives to enhance competitiveness, expand logistics capacity, advance sustainability, and modernize facilities. At first, Terminal Investments...

Global bunker prices on downward trend

Global bunker indices tracked by Marine Bunker Exchange (MABUX) fell sharply in the 26th week of the year, driven by expectations that a ceasefire...

Mawani signs privatization contracts for cargo terminals at eight Saudi ports

In a major step toward advancing Saudi Arabia’s logistics infrastructure, the Saudi Ports Authority (Mawani) has signed privatization contracts for multipurpose cargo terminals at...

What Makes a Good Personal Injury Lawyer?

A good personal injury lawyer can be an invaluable ally, guiding you through the legal complexities and fighting for the compensation you deserve after...
error: Content is protected !!