![]() Western Marine has also delivered six vessels to buyers from Denmark, Pakistan and Finland, said Bashar. On March 21, German buyer Grona Shipping took possession of the last two of eight 5,200 deadweight tonnage (DWT) ice-class cargo vessels ordered from Western Marine. Present buyers of Bangladesh-made vessels come from as far afield as Europe and Africa. Association president Abdullahel Bari, in a written proposal to the government, earlier forecast that global ship manufacturing capacity would rise to 10,000 vessels by 2015 from 7,500 at present and that “the traditional shipbuilders will come to new builders like Bangladesh in the coming years to meet the rising demand”. The Association of Export-Oriented Shipbuilding Industries has for the past three years been urging the government to ease taxes to make the industry more competitive. The country’s exports are dominated by textiles and ready-made garments, at around 70% of value. The shipbuilding industry could become the country’s third-largest foreign exchange earner in less than 10 years if the government provided support relating to bank guarantees and declares export-oriented shipyards as export-processing zones, the Bangladesh Foreign Trade Institute says. The World Bank’s “Bangladesh – Diagnostic Trade Integration Study” released in March said the sector accounted for 0.57% of the global market by 2008, up from 0.08% in 2006 and 0.35% in 2007. The latest tax incentive comes after a dip in exports to $9.3 million in the 2009-10 fiscal year. The industry at present has orders to build 42 ships worth around $600 million, he said.Įxport earnings from ships, boats and floating structures rose to $40.4 million in the 12 months to last June from $12.7 million in the year to June 2009, according to the Export Promotion Bureau. Total export orders can easily exceed a billion dollars within a year or two “if we succeed in maintaining our present momentum despite the worldwide economical turmoil”, Mohammad Shahidul Bashar, public relations deputy manager at Western Marine, told Asia Times Online. If the country can capture even 1% of the $167 billion global shipbuilding market, “exports will be worth $1.6 billion”, the World Bank noted earlier this year. It is a member of Ananda Group of Companies.ĪSSL holds the distinction of being the first Bangladeshi shipbuilding company to deliver a seagoing vessel, the Stella Maris, to a foreign customer.South Korea increasingly focus on large vessels such as ever-bigger container carriers and specialized ships such as transporters of liquefied natural gas.īangladesh’s 124 shipyards, with more than 100,000 skilled and 150,000 semi-skilled workers, can easily secure a substantial share of the global small shipbuilding market, according to a World Bank study published in March. It is a family owned company limited by shares incorporated in 1999 drawing in first and second generation members. The name Ananda Builders was changed to its present name of Ananda Shipyards and Slipways Ltd. It was later shifted to its present location on the banks of the river Meghna in 1985. It was originally founded in 1983 on the banks of the river Buriganga, as Ananda Builders Ltd. It is presently one of the leading shipbuilding companies of Bangladesh.Īnanda Shipyard and Slipways Ltd (ASSL) is presently the largest shipyard in the private sector in Bangladesh. Ananda Shipyards and Slipways is a shipbuilding company in Bangladesh. ![]()
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