August 13th, 20190One of South Asia’s most prolific buyers in 2016, Bangladesh’s SR Shipping has added its first ship in years. Staying loyal to its earlier preferences, the bulker venture has added another Japanese-built supramax, spending $10m for the 13-year-old 56,000 dwt , a ship sold by Japan’s Mizuho Sangyo. The 11-strong fleet contains...
June 26th, 20190Bangladesh’s Akij Group continues to scout for handymaxes and supramaxes. This week sources tell Splash that the group has dived into the secondhand market for the second time within a month. Sources link the Bangladeshi conglomerate to the 2010-built, 59,000 dwt sized bulker, , putting $13.3m in front of European owner Triton...
June 11th, 20190Bangladesh’s Akij Group has completed its most expensive secondhand purchase to date. Sources say that fast growing player has paid Dojima Marine around $13m for the 59,000 dwt, 10-year-old . More ships are in the pipeline for Akij with handymaxes and supramaxes being inspected. The Akij fleet today includes five supramaxes,...
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...
