Tuesday, February 26, 2008

Bangladesh Makes Debut in Int'l Shipbuilding Market

Bangladesh will debut in the international shipbuilding market with two ships being handed over to Denmark on Monday.

Western Marine Shipyard Ltd, one of the shipbuilding companies in Bangladesh, will formally kick-start its historic journey Monday when two ships, made by the company, will be handed over to Denmark. A ceremony marking the auspicious occasion will be arranged at the country's largest shipyard at Patia on Monday. Federation of Bangladesh Chambers of Commerce and Industry administrator Syed Manjur Elahi will attend the program as chief guest while Danish Ambassador Einar H Jensen as special guest. The company has already received orders for making 18 oceangoing ships. Five will be made for Denmark while 12 for Holland and one for Singapore. It will be possible to earn US$ 180 million worth of foreign exchange by exporting those ships.

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