May 15th, 20190A huge explosion killed one and injured five at the Mahinur Ship Recycling Yard in Chittagong today. The fire broke out at the pump room of a ship being scrapped at the Bangladeshi demo yard in the morning. Local police say the accident happened when a gas cylinder exploded, sparking an intense fire that has yet to be put...
April 26th, 20190Congested Chittagong, Bangladesh’s top port, is adding more terminals. Chittagong Port Authority (CPA) has revealed plans to get three terminals completed by 2025. The new facilities include a 1,500 m long multipurpose terminal and two container terminals with 1,225 and 800 m lengths, respectively. Currently, container vessels...
February 19th, 20190A fire broke out onboard an oil tanker beached at the Shagorika Ship Breaking Yard in Bangladesh, resulting in the death of two workers. The fire started from the engine room of the 2000-built VLCC Greek Warrior. One worker was severely injured and died after being sent to hospital, and another worker's body was found onboard the...
February 15th, 20190The congested nature of Bangladeshi ports is set for some alleviation with the construction of a giant new port. European engineering consultants Royal HaskoningDHV, in partnership with the Bangladesh University of Engineering Technology, has been selected as master plan consultant for the Payra Deep Sea Port Development Project in...
July 24th, 20180Two workers were killed and three others injured in an explosion incident at a dockyard in Chittagong yesterday. According to local reports, the incident occurred when the workers were doing repair work on an oil tanker named Desh-1 at the Ocean Dockyard in Shikalbaha, Chittagong. Five workers were removing rust from the vessel...
July 9th, 20180Just as China has signalled its exit from the international ship scrapping scene, Bangadesh has stepped up to the plate, sealing its first ever deal to recycle a ship to Hong Kong Convention compliant rules. When Beijing announced it would stop accepting overseas ships for recycling at the end of this year it left a big hole for...
May 28th, 20180Bangladeshi owner Meghna Marine has placed an order at China’s Taizhou Shipbuilding for the construction of a 64,000dwt ultramax bulker, with an option for one more, according to brokers. Delivery for the firm vessel is scheduled in 2020. Chittagong-based bulker player Meghna Marine is a shipping unit of Bangladesh’s...
November 6th, 20170Greek owner New Vision Shipping has sold the 53,000 dwt , a 14-year-old supramax, to Bangladeshi buyers, Akij Group, sources tell Splash. Akij Group is an emerging vintage specialist, hungry for tonnage. This week the outfit paid $9.7m for the elderly ship, a little more than it usually pays for its ships. Last year the Akij Group had...
October 30th, 20170China continues to reshape energy flows into the Bay of Bengal. Having constructed pipelines through Myanmar into China, Beijing has just signed up to help Bangladesh build its own oil import infrastructure. China will help build a 220 km pipeline, which includes a 146 km offshore stretch, taking oil from tankers into the south...
October 24th, 20170Bangladesh now has a ship recycling yard that is in line with the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships (HKC). Italian class society RINA has given PHP Family’s recycling yard in Chittagong a statement of compliance (SoC). Dr Anil Sharma, president and CEO of cash buyer GMS, commended PHP,...
