Wednesday, July 27, 2011

Bangladeshi shipbuilders to export 30 vessels to fetch $300m by 2012

A couple of leading shipbuilders of the country will deliver 30 small ocean-going ships to fetch $300 million from their clients mostly in Europe by the end of the next calendar year, shipbuilders said on Tuesday.


More Bangladeshi made ship to be delivered by 2012

To meet the delivery deadline the shipyards are busy building the ocean going and ice-class vessels for their clients also in Africa and Asia.

The Western Marine Shipyard Limited (WMSL), one of the leading shipbuilder, will deliver 20 ocean-going ships worth $200 million to firms in the Holland, Denmark and Singapore. The deals also included two passengers vessels for Karachi Port Trust.

Two ships, each with 5,200 DWT (deadweight tonnage), a passenger ferry, two passengers floating vessel have already been delivered to Germany, Finland and Pakistan.

"We are building the rest seven and a couple of ships with a DWT between 4,100 and 4,800 are complete and will be floated soon," Shakawat Hossain, managing director of Western Marine Shipyard Ltd, told the FE.

WMSL, based in at Kolagaon in Chittagong, on the bank of the river Karnaphuli near the country's main port, some 300 km (188 miles) southeast of the capital Dhaka, is likely to complete its delivery by the end of the current year or early next year.

"The Ananda Shipyard and Slipways Limited (ASSL), the country's pioneer ship exporter, will deliver 10 other ships worth $110 million to European buyers, mainly in Germany and Denmark," said Eng. Saiful Islam, technical director of Ananda Shipyard said.

WMSL is currently negotiating with shipping companies in several European and Middle Eastern countries for building dozens of ships worth $400 million in the coming years.

Ananda Shipyard and Slipways Limited, located at Meghnaghat on the river Meghna, was a pioneer in the sector and has so far won deals to build 26 small ships worth $400 million. The orders came from Denmark, Mozambique and Germany.

Ananda already exported 10 smaller ships to Germany, Mozambique and Maldives, worth $18 million so far after exporting the first-ever Bangladesh-built ship to Denmark in 2008.

News Source:
The Financial Express

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