Bangladesh’s leading shipbuilders have won deals worth $355 million to supply over 30 smaller ocean-going ships to shipping firms in Germany by next year end, officials said on Sunday. “German ship-owners have already ordered Bangladeshi shipbuilders

to supply more than 30 ships worth 250 million euro,” Frank Meyke,
German ambassador to Bangladesh told reporters. The ships, with a
deadweight tonnage (DWT) of 4,100-4,800, are contracted to be supplied
by the end of next year, an official of Western Marine Shipyard Limited
(WMSL) told Reuters. WMSL, based in the southeastern port city of
Chittagong, and Ananda Shipyard and Slipways Limited, located at
Meghnaghat on the river Meghna, near the capital Dhaka, are prominent
ship builders in Bangladesh.
“The shipbuilding sector is a promising new field of Bangladesh exports
to Germany. It is expected to prominently figure in our trade
statistics in the years to come,” Meyke said. The two leading
shipbuilders have also won orders worth millions of dollars from
shipping companies in the Netherlands, Denmark, Singapore and
Mozambique, the WMSL official said. But he could not give an exact
figure immediately.
Bangladesh has a long history of shipbuilding and more than 90 percent
of the 6,000-plus coasters and tankers in use there were built locally.

Source: Reuters

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• Bangladesh shipyards win $ 355 mln German treats

     Bangladesh’s leading shipbuilders have won deals worth $355 million to supply over 30 smaller ocean-going ships to shipping firms in Germany by next year end, officials said on Sunday. “German ship-owners have already ordered Bangladeshi shipbuilders to supply more than 30 ships worth 250 million euro,” Frank Meyke, German ambassador to Bangladesh

• German Shipowners Shipyards eyeing Bangladesh

    A recent German business delegation to Bangladesh has shown keen interests in buying more ships from local shipbuilders. Peter Clasen, head of the 21-strong group that visited the country late last month, said Bangladesh offered skilled but cheaper ship building compared with China, India and Vietnam.

• Bangladesh: 30PC cash incentive sought to increase shipbuilding facilities

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• Bangladesh receives 14m ship export orders

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    The volume of production in the shipbuilding industry of Ukraine during the first 6 months of 2010 increased by 36,2%, up to UAH1,561,500m UAH (about $198m) as compared with the same period in 2009, the Ukraine Ministry of Industry Policy said. Kherson Shipyard, Black Sea Shipyard, Zorya-Mashproekt, Equator Plant Fiolent

• Bangladesh: prospects for shipbuilding

    IT has been reported that foreign companies take away on average more than two billion US Dollars each year as freight charges from Bangladesh’s 16 billion dollar foreign trade. The entire two billion dollars could be saved and retained in the country if the local shipping business and industry got

• Pakistan wants closer relations with supplier and Bangladesh

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• Bangladesh NGOs welcome attitude to recycling

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• Bangladesh Shipbuilding view of joint ventures abroad

    Bangladesh shipbuilders said a number of joint venture investments are likely to come from Denmark, Germany, France and few other countries that would help reduce the dependence on overseas firms ranging from ship designing to painting to build world class ocean-going vessels.Officials at the local Danish embassy said at

• South Korean shipyards face chop

    South Korea leading shipbuilders are beginning to suffer the effects of the protracted slump across most shipping sectors, with figures from the country three leading yards showing significant jumps in net debt. Hyundai Heavy Industries and Samsung, neither of which had net debts in 2008, saw them increase to Won148bn