Bangladesh can rank as one of Asia’s more aggressive shipping nations in terms of acquisitions in 2016.
While most of the deals have been done for secondhand tonnage, brokers report a rare tanker order. Bangladesh Shipping Corporation is behind a triple tanker order for handysize 39,000 dwt ships. The contract is with China’s largest private yard, Jiangsu New Yangzijiang, with each ship costing $28.5m and all three set to deliver in 2018.
Bangladesh shipping companies have been very adept at tapping Chinese banks for finance in recent years to build up their fleets.
In other tanker ordering news elsewhere, Azerbaijan Caspian Shipping Company has come in for a pair of small 8,000 dwt tankers which will be built at Baku Shipyard, also for 2018 delivery. No price has been revealed.