Bangladesh News

31 Mar 2020

Outlook for India's Ship-breaking Turns Negative

© Joseph Myerscough / Adobe Stock

The outlook for India's ship-breaking industry has turned negative amid volatile scrap prices and a falling rupee, says ICRA.The country's ship-breaking activity, while tepid during CY2019 due to subdued demand and depressed scrap prices, gathered momentum at the start of CY2020 following the implementation of the International Maritime Organization (IMO) sulphur cap regulations from January 2020. But weakness in the international shipping markets further aggravated by the coronavirus has since dampened sentiments.

20 Feb 2020

Global LNG Demand to Double by 2040: Shell

Image: Shell

Global demand for liquefied natural gas (LNG), rose by 12.5% to hit 359 million tons last year, according to Royal Dutch Shell’s annual LNG Outlook report.According to the forecast by Shell,  LNG demand was expected to double by 2040 to 700 million tons, with natural gas set to play “a growing role in shaping a lower-carbon energy system.”Asia is expected to remain the dominant region in the decades to come, with South and South-east Asia generating more than half of the increased…

18 Feb 2020

Coronavirus Slows China's Belt and Road Push

© Jub / Adobe Stock

When President Xi Jinping made his first state visit this year to Myanmar and signed new infrastructure contracts, there was no indication of the obstacle about to trip up China's plan for railways, ports and highways around the world: the coronavirus.Travel restrictions to prevent the spread of the disease, which has now killed more than 1,800 people, have idled much of the world's second-largest economy and choked key elements of Xi's signature Belt and Road Initiative (BRI).Chinese workers cannot get to overseas projects…

31 Jan 2020

Norwegian Police Raid Teekay Office Over Waste Export

© Claus Schaefe / MarineTraffic.com

Norway's national economic crime unit raided the local office of international shipping company Teekay Offshore this week on suspicion of illegally exporting waste, the agency, known as Okokrim, said on Thursday.In recent years, courts in Europe using tougher regulations have fined shipping companies for transporting hazardous waste for disposal in cases that have added to complexities for seaborne transporters often operating in several jurisdictions.Maria Bache Dahl, acting senior public prosecutor with Okokrim…

16 Jan 2020

Qatargas Delivers 1st Cargo to Summit LNG

Image: Qatargas

The world’s largest liquefied natural gas (LNG) producer Qatargas Operating Company Limited (Qatargas) has delivered the first Q-Flex cargo of the chilled fuel to the Summit LNG floating storage and regasification unit (FSRU) located offshore Bangladesh.The cargo, aboard Qatargas-chartered 'Al Safliya', was loaded at Ras Laffan Port on 27 December 2019 and delivered to the FSRU on 14 January 2020.This is the first commercial open water ship-to-ship transfer involving a Q-Flex…

15 Jan 2020

Damen Joins Bangladesh Shipbuilding Initiative

Image: Damen Shipyards Group

Dutch shipbuilder Damen Shipyards Group and Australian-based Gentium Solutions have signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh, seeking to establish and develop shipbuilding and ship repair industry in Bangladesh."The aim is to build ships in Bangladesh, for Bangladesh, with a long-term view of serving export markets. The partners in the MoU will undertake a number of tasks in this direction," said a press release from the Netherlands…

15 Jan 2020

PHP Ship Recycling Facility Gets ClassNK Stamp

© Nightman1965/ Adobe Stock

ClassNK has issued a Statement of Compliance (SoC) to PHP Ship Breaking and Recycling Industries Limited (PHP), a ship recycling facility in Chattogram (Chittagong), Bangladesh, verifying that the facility is in line with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (HKC).While ClassNK has so far issued 34 Statements of Compliance to ship recycling facilities around the globe, this is the first one issued by the Society to a facility in Bangladesh.

26 Dec 2019

Seven Dead in Migrant Boat Sinking

Seven people died and 64 were rescued when a boat carrying migrants from Pakistan, Bangladesh and Afghanistan sank on Thursday in eastern Turkey's Lake Van, the governor's office in Bitlis province said.The boat sank after capsizing as it approached Adilcevaz district in Bitlis, which is on the northern shores of Lake Van, the office said in a statement. The accident happened at around 3 a.m. (0000 GMT).The lake is near the border with Iran, from where migrants regularly cross into Turkey, heading west towards Europe.

23 Dec 2019

Asia Boosts IMO Technical Cooperation

Image: International Maritime Organization (IMO)

The International Maritime Organization (IMO), Thailand’s Ministry of Transport and the United Nations Economic and Social Commission for Asia (UNESCAP) have recently organized the second regional Knowledge Partnership Workshop in Asia in Bangkok,The workshop was designed to support maritime technical cooperation activities in the region.The workshop brought together officials from transport ministries, responsible for maritime affairs, and finance ministries, responsible for official development assistance.

20 Dec 2019

Maersk India Trade Report Q3 2019

Photo: Maersk

India’s import and export container trade in Q3 2019 (July-September) remained flat as compared to global growth of 1.5%. The slowdown is aligned closely with the weaker domestic demand, as well as a reflection of the broad-based cyclical weakening of the economic environment in all the main global economies. The negative effects from escalating trade restrictions also weighed on trade growth in the quarter. The trade restrictions have reduced bilateral trade between the United States of America and China…

09 Dec 2019

Bahri Looks to Make LNG Foray

© Mike Mareen / Adobe Stock

Saudi Aramco's shipping arm Bahri has issued an expression of interest (EOI) to charter up to 12 liquefied natural gas (LNG) tankers from 2025, its first foray into the superchilled fuel, industry sources said on Monday.No further details were immediately available and Saudi Aramco declined to comment. EOIs are preliminary enquiries that may or may not turn into full-fledged orders.According to Bahri's website, the national shipping carrier of Saudi Arabia has six business units dealing in oil…

02 Dec 2019

Yamal LNG Reaches Bangladesh

Eduard Toll. Image: Teekay

Novatek has announced the delivery of liquefied natural gas (LNG) cargo from Russia’s Yamal LNG project to Bangladesh in accordance with the long-term offtake agreement with Total.The consignment was delivered along the westbound route via the Suez Canal with transshipment from the ice class Arc7 LNG tanker “Eduard Toll” to a conventional type LNG tanker at the Belgian terminal located at Zeebrugge. The LNG cargo was unloaded at the Summit LNG Terminal in Bangladesh in accordance…

28 Nov 2019

India Accedes to Ship Recycling Convention

Gopal Krishna, Secretary to the Government of India, Ministry of Shipping and Amitabh Kumar, India's Director General of Shipping, deposited the instrument of accession to the Hong Kong Convention with IMO Secretary-General Kitack Lim yesterday (28 November) during the thirty-first session of the IMO Assembly. Photo: IMO

India, one of the world's five major ship recycling countries, has acceded to the IMO Hong Kong Convention, the treaty that will set global standards for safe and environmentally-sound ship recycling.India's accession brings this important convention a significant step closer to entering into force, with the required 15 States now party to it and with India's ship recycling volume considerably contributing to the required recycling capacity.The Hong Kong Convention1 covers the design…

19 Nov 2019

Shipbreaking NGO Wins FPSO Case

The North Sea Producer beached in Chattogram – © NGO Shipbreaking Platform

The High Court Division of the Supreme Court of Bangladesh declared the import, beaching and breaking of the infamous FPSO North Sea Producer illegal.The judgment was issued in a Public Interest Litigation (PIL) filed by NGO Shipbreaking Platform member organization Bangladesh Environmental Lawyers Association (BELA).The Court further noted with dismay the incessant violations of national and international laws by the shipbreaking industry, and passed several directions upon the government to regulate the sector in line with earlier rulings.Already in August 2017…

12 Nov 2019

For Ship Recycling, Grieg (Goes) Green

A vessel placed in dry-dock in preparation for recycling. Photo credit: Grieg Green.

In May 2014 National Geographic wrote an in-depth article on shipbreaking operations in Bangladesh where they listed shipbreaking as one of the deadliest professions in the world. The images from these shipyards are well circulated among professionals in the shipping industry. Individuals without personal protective equipment cutting and grinding into a ship that was haphazardly beached and torn asunder by unskilled laborers. Pollution swirl in the nearby tidal area and soot belches into the air. Large sections of ships come careening off endless rows of vessels that litter the beach.

11 Nov 2019

Asian LPG Market to Cross $109Bln by 2024

Pic: Indian Oil Corporation Ltd

The Asian liquefied petroleum gas (LPG) market stood at over $81.4 billion in 2018 and is projected to grow at a CAGR of over 5% to cross $109 billion by 2024, as increasing demand for LPG  as a fuel for power generation in remote and off-grid locations in comparison to its less environment-friendly alternatives like coal, diesel and fuel oil.Increasing demand for LPG used to run vehicles (Autogas)  is being witnessed as it is a comparatively cheaper automotive fuel and can be used in vast applications related to transportation…

06 Nov 2019

Italy Police Search Shipbuilding Firms Linked to Fincantieri

File Image: Fincantieri

Italian finance police searched offices of several companies working for state-controlled shipbuilder Fincantieri, as part of an investigation into suspected corruption, fraud and worker exploitation, the prosecutor's office in Venice said on Wednesday.The prosecutor added in a statement that 34 people were under investigation for alleged "systematic exploitation" of foreign workers - mainly from Bangladesh and Albania - in shipyards in the port city of Marghera, close to Venice, working on orders for Fincantieri.The searches involved 19 different companies in seven different Italian regions a

03 Nov 2019

Oldendorff in Bulker Deal with Bangladesh

Pic: Oldendorff Carriers

German bulk carrier company Oldendorff Carriers  signed a Coal Transportation Agreement (CTA) with  Bangladesh Chinese Power Company limited(BCPCL).Oldendorff will provide a full transportation solution to BCPCL, which includes coal transportation from Indonesia or Australia with transshipment in Andaman & Nicobar to Payra power plant in Bangladesh.The coal transshipment will allow BCPCL to take advantage of lower freight costs using larger vessels to Andaman & Nicobar, and smaller vessels will deliver the cargo to BCPCL…

03 Nov 2019

In a First, Container Cargo Vessel on Brahmaputra

Map: PIB

The first ever containerized cargo movement via Indo-Bangladesh protocol route and Brahmaputra (National Waterway -2) river will start from West Bengal's Haldia Today."In line with Government’s focus on improving connectivity to the North Eastern Region (NER), a landmark container cargo consignment will sail on inland waterways from Haldia Dock Complex (HDC) to the Inland Waterways Authority of India (IWAI) terminal at Pandu in Guwahati on 4 November, 2019," said a government release.Gopal Krishna…

23 Oct 2019

India to Drive LNG Capacity Growth in Asia

Image: Petroleum and Natural Gas Regulatory Board (PNGRB)

India is expected to drive capacity growth in Asia and Oceania’s liquefied natural gas (LNG) regasification industry from planned and announced (new-build) projects between 2019 and 2023, contributing around 35% of the total growth.According to a Reportlinker research report on LNG regasification industry outlook in Asia and Oceania to 2023, India’s new-build regasification capacity is expected to grow from 730.5 billion cubic feet (bcf) in 2019 to 3,209 bcf in 2023.The planned terminals…

14 Oct 2019

18 Meter Fire-Floats for Bangladesh

Photo: Robert Allan Ltd.

Robert Allan Ltd. has delivered a design of two unique fire-floats to Khulna Shipyard Ltd in Bangladesh. The boats will measure 18.9 m x 5.3 m with a special hard chine semi-displacement hull designed for river service and fitted with twin open style skegs for debris protection. The all aluminum hulls will be powered by two 560 kW 6135SFM85 John Deere main engines for a speed of 20 knots. Reduction gears will be Reintjes WAF 244 with 2.5:1 reduction ratio driving stainless steel shafts and bronze propellers.

16 Oct 2019

ITF Expands into Asia Pacific

Photo: ITF

The International Transport Workers' Federation (ITF) has established its latest Contacts Network, covering Bangladesh, Cambodia, Malaysia, Myanmar, Pakistan, Papua New Guinea, the Solomon Islands and Thailand.ITF has seen a significant increase in seafarers requesting assistance from countries without an inspector or contact, in recent years.Attempting to resolve these requests is often challenging due to several factors, including the local political context and the effectiveness…

15 Oct 2019

France Conducts Training on Port Management

Image:  International Maritime Organization (IMO)

An intensive training on port management and operational efficiency was delivered to high-level officials and decision-makers from maritime and port authorities around the world.The annual five-week course, delivered by the Institut Portuaire d’Enseignement et de Recherche (IPER), concluded on 11 October in le Havre, France.The 33rd Advanced Course on Port Operations and Management welcomed 19 participants from 19 countries. Seven of these participants were women. The participating countries were Algeria…

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