QatarEnergy in 15-Year LNG Supply Deal with Bangladesh
QatarEnergy’s LNG trading arm, QatarEnergy Trading, has signed a long-term LNG Sale and Purchase Agreement (SPA) with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) to supply about 1.8 million tons per annum (MTPA) of LNG to Bangladesh for 15 years, starting in 2026.The SPA signing at QatarEnergy’s Headquarters in Doha, was witnessed by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and Nasrul Hamid, the state minister for Power…
India to Use Bangladeshi Ports
India can now use two crucial Bangladesh ports - Chattogram and Mongla - for shipment of its cargo, which will cut time and cost significantly, India's shipping minister Mansukh Lal Mandavia said.He has said that Indian Prime Minister Narendra Modi’s foreign policy initiative regarding use of Chattogram and Mongla Ports in Bangladesh for movement of goods to and from India will bring revolutionary cost-cutting in shipments to and from the North Eastern States.During the official visit of Sheikh Hasina, Prime Minister of People's Republic of Bangladesh to India , a Standard Operating Procedure (SOP) wherein Bangladesh allowed the use…
IMO Support for Ship Recycling in Bangladesh
The second phase of an International Maritime Organization (IMO)-implemented project to enhance safe and environmentally sound ship recycling in Bangladesh is set to begin in January, following a US$1.1 million funding agreement with Norway. The two-year project will build on the first phase of the Safe and Environmentally Sound Ship Recycling in Bangladesh (SENSREC) project, which resulted in economic and environmental studies on ship recycling in Bangladesh, the development of training materials and capacity building plans and a preliminary design for infrastructure including facilities for treatment, storage and disposal of hazardous wastes generated from recycling operations.
Patrol Vessels Delivered to Bangladesh Coast Guard
Two Minerva class corvettes decommissioned by the Italian Navy have been delivered to the Bangladesh Coast Guard (BCG) following upgrade and conversion at the Fincantieri shipyard in Muggiano, La Spezia. Urania and Danaide, renamed Karamuzzaman and Mansoor Ali, are the final two units part of the supply contract of four offshore patrol vessels (OPV), to the BCG, which have been retired from the national fleet in March 2016. Together with Minerva and Sibilla, renamed Syed Nazrul and Tajuddin and delivered in August 2016…
Bangladesh Targets Better Ship Recycling Practices
With an annual gross tonnage capacity of more than 8.8 million, Bangladesh’s ship recycling industry is one of the world’s largest, second only to neighboring India in terms of volume. But for these countries ship recycling practices have long been a matter of concern, particularly in terms of safety and environmental sustainability. Now on the heels of completing its first phase of a project aiming to improve standards within the nation’s ship recycling industry, the Government…
Converted OPVs Delivered to the Bangladesh Coast Guard
Fincantieri has delivered today at its shipyard in Muggiano, La Spezia the first two units part of the supply contract of four Offshore Patrol Vessels (OPV), to the Bangladesh Coast Guard (BCG), through the upgrading and conversion of the Minerva class corvettes, decommissioned by the Italian Navy. These are the Minerva and Sibilla vessels, renamed Syed Nazrul and Tajuddin, which have been retired from the national fleet in May 2015 and shortly after arrived at Fincantieri’s dock in Genova, where the upgrading and conversion activities started.
IMO Calls for Environmentally Sound Ship Recycling in Bangladesh
The International Maritime Organization (IMO) and the government of the People’s Republic of Bangladesh are jointly implementing a project entitled “Safe and Environmentally Sound Ship Recycling in Bangladesh – Phase I” (in short SENSREC Project – Bangladesh). - Recommendations on strengthening the Government’s One-Stop Service, in which all the various ministries with a responsibility for ship recycling (e.g. - The development of a detailed project document for a possible follow-up project to implement the recommendations of phase I. In the long term, the project will assist the industry to eventually meet the requirements of the Hong Kong International Convention on the Safe and Environmentally Sound Recycling of Ships…
Bangladesh Ship Recycling Project Begins
An agreement between the International Maritime Organization (IMO) and the Government of the People’s Republic of Bangladesh has been signed for the parties to collaboratively improve safety and environmental standards in the country’s ship-recycling industry. A Memorandum of Understanding formalizing the cooperation between the two was signed by Nicolaos Charalambous, Director, Technical Cooperation Division, IMO and Md. Ashadul Islam, Additional Secretary, Economic Relations Division of the Ministry of Finance of the Government of Bangladesh, on April 10, 2014.
IMO, Bangladesh Target Improved Ship-recycling Standards
The International Maritime Organization (IMO) and the Government of the People’s Republic of Bangladesh have signed a landmark agreement to work together to improve safety and environmental standards in the country’s ship-recycling industry. A Memorandum of Understanding formalizing the cooperation between the two was signed by Nicolaos Charalambous, Director, Technical Cooperation Division, IMO and Md. Ashadul Islam, Additional Secretary, Economic Relations Division of the Ministry of Finance of the Government of Bangladesh, on April 10 2014.
