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 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 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.
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.
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 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…
IMO Council Expands to 40 Members
IMO Secretary-General William A. O'Neil welcomed eight additional Members onto the IMO Council following the entry into force on November 7 of the 1993 amendments to the IMO Convention which expanded the size of the Council to 40 Member States from 32. "This enlargement will ensure that the Council better represents the interests of all 162 IMO Member States," O'Neil said. "I am confident that the new Members will make a valuable contribution to achieving the objectives of the Organization in general and, in particular, in participating in the important decisions that the Council must make in the short term with respect to strategic planning and policies of the Organization, the implementation of reforms already decided and the proposed IMO Model Audit Scheme," he added.
Seatrade Convicted for Scrapping Ships on Indian Beach
The Dutch shipping company Seatrade and two of its directors were found guilty by a Dutch court on Thursday of illegally sailing ships to India to have them demolished, the first criminal case of its kind in the Netherlands. The company and the directors were fined up to 750,000 euros ($925,275). The directors were also banned from executive roles at any shipping company for a year. They did escape the prison sentences prosecutors had asked for. The court said Seatrade had violated European Union rules by sending four ships to India for demolition in 2012.
India Bullish on Maritime Industry
For the development of maritime sector in the country, India has rolled out some important projects and signed MoUs, asscording to the Ministry of Shipping. India signed an MoU with Iran for developing Chahbahar Port. An SPV, Indian Ports Global Ltd has been formed with equity participation from Jawaharlal Nehru Port and Kandla Port to execute the project. Ministry of Shipping has prepared a vision for coastal shipping, tourism and regional development to increase the share of coastal/IWT mode from 7% to 10% by 2019-20.
Russia's Giant Warship Headed for Syria for Anti-ISIL Operations
Russian president Vladimir Putin is sending his country’s largest warship to Syria in an attempt to finally destroy the death cult ISIS, reports Daily Star. The Admiral Kuznetsov aircraft carrier has been dispatched to Syria carrying 30 jet fighters and attack helicopters. Putin made the decision to dispatch the warship soon after the latest ISIS attacks in Bangladesh and Iraq. The 55,000 tonne ship will be deployed in the region from October until January, a military source informed TASS. The Admiral Kuznetsov will be packed with warplanes and attack choppers.
Dredging Seminar Held in Bangladesh
On Tuesday, July 11, Damen hosted a dredging seminar in Dhaka, Bangladesh attended by more than 100 representatives from the Dutch Embassy in Bangladesh, experts from the Bangladesh Government, the Bangladesh Navy, local financing institutions, various customers of Damen and other industry stakeholders. Damen said it has enjoyed great successes all over the world in the sale of its dredging equipment, including Trailing Suction Hopper Dredgers, Cutter Suction Dredgers and renowned DOP pumps.
US, Singapore, Thai Navies Complete CARAT
Ships from the Republic of Singapore navy, Royal Thai navy and U.S. Navy completed a three-day multilateral Cooperation Afloat Readiness and Training (CARAT) exercise in the South China Sea May 12. The three-day exercise included a broad spectrum of naval competencies and maritime security training aimed at enhancing cooperation and interoperability amongst the three navies. The navies are long-time maritime partners under the CARAT series, which began in 1995 with Thailand and Singapore as original participants in the exercise series.
India Approves Indo-Bangladesh Marine Pacts
The Indian Union Cabinet chaired by the Prime Minister Narendra Modi has approved MoU on passenger cruise services on the coastal and protocol routes between India and Bangladesh for starting regular movement of passengers and tourists in water crafts between the two countries. The operationalization of this MoU will promote people to people contact and cooperation between the two countries in respect of economic, social and cultural advancement. It will also generate employment opportunities for the people of India and Bangladesh.
Bangladesh, Thailand Plans Direct Coastal Shipping
Bangladesh and Thailand are planning to launch direct coastal shipping, connecting the Chittagong Port in the Bay of Bengal with the Ranong Port in the East of the Andaman coast in south-western Thailand. Bangladesh Ambassador to Thailand Saida Muna Tasneem said: “Both Bangladesh and Thailand are planning to start direct coastal ships. The coastal communication between Bangladesh and Thailand will take place with the help of Chittagong and Ranong ports. Goods shipped between the two countries currently pass through Singapore and take two weeks…
Donors to Bangladesh: Raise Infrastructure Spending
Bangladesh should raise spending on infrastructure to $12 billion annually, particularly in energy, transport and ports, development partners have told it, Finance Minister Abul Maal Abdul Muhith said on Monday. Bangladesh currently spends just 3 percent of GDP in this sector. About 40 representatives of organisations including the World Bank, the International Monetary Fund, the U.S. Agency for International Development (USAID) and the European Union attended a two-day meeting on development issues in Bangladesh. Muhith told reporters: "Our aim is to raise economic growth to 8.0 percent by 2020 from 6.5 percent now, to become a middle-income country." He said several new projects would be reflected in the budget for the next fiscal year beginning in June 2016.
Bangladesh Gets Fifth Frigate
The Bangladesh Navy's fifth frigate, built at a cost of $100 million, arrived at the Chittagong naval port on Saturday. The frigate, 339-ft. (103.5 ,) long, is named "Bangabandhu" -- the honorific title of Bangladesh's slain independence leader Sheikh Mujibur Rahman -- and is equipped with missile and torpedo launchers and a helipad. The vessel was built by South Korea's Daewoo Shipbuilding and Marine Engineering Co, after making the winning bid in 1997. Captain Zahir Uddin Ahmed of the Bangladesh Navy, who piloted the vessel to Chittagong from the Okpo shipyard on Korea's Koje island, was trained with more than 150 personnel in South Korea ahead of the delivery.
Bangladesh To Double Tax On Ship Scrapings
Bangladesh reportedly proposed to double tax on scrap ships in second half of fiscal year 2000.
Bangladesh Ship Recycling Project Makes Good Progress
Stakeholders have been updated on progress made by the safe and environmentally sound ship recycling in Bangladesh (SENSREC) project - Phase I. The project is being executed and implemented by International Maritime Organization (IMO) and funded by the Norwegian Agency for Development Cooperation (Norad), in partnership with the Ministry of Industries of Bangladesh and Secretariat of the Basel, Rotterdam and Stockholm Conventions (BRS). At a recent workshop (15 June), updates were given on the various parts of phase I of the project…
Svitzer Bags FSRU Support Contract in Bangladesh
Svitzer will provide marine support services for the Excelerate Energy FSRU at Bangladesh’s first liquefied natural gas (LNG) import terminal. Excelerate Energy Bangladesh Limited awarded Svitzer the 15-year contract following a competitive tender process. The contract also includes a five-year option. Bangladesh’s first LNG import terminal, located offshore Moheshkhali Island in the Bay of Bengal, will enable Petrobangla, the state owned energy company, to increase natural gas supply in the country by up to 20 percent, sufficient to support up to 3,000 MW of power generation capacity. The construction of the terminal will commence in the fourth quarter of 2017 and is anticipated to be in service by mid- 2018.
India, Bangladesh Pact for Coastal Shipping
India and Bangladesh have signed the standard operating procedure (SOP) to launch the ‘Agreement on Coastal Shipping’, which is expected bring down the logistic costs of export-import cargo between the two countries. The two sides have also agreed upon the use of vessels of River Sea Vessel category for Indo-Bangladesh coastal shipping. "Once it is operational, the coastal shipping agreement will enable a huge saving in logistic costs of EXIM transport between the two countries," Union Shipping Minister Nitin Gadkari said in a statement.
Santos, Kris Energy to Explore Oil and Gas off Bangladesh
Australian oil and gas company Santos and Singapore-based Kris Energy signed a production-sharing contract (PSC) on Wednesday to explore oil and gas in Bangladeshi waters. State-run Bangladesh Oil, Gas and Mineral Corporation, known as Petrobangla, awarded shallow water blocks SS-11 in the Bay of Bengal to the two foreign energy firms. Santos, which in October shut down operation of Bangladesh's only offshore gas field, saying it was not commercially viable, will be the operator of the new project and Kris Energy will join as a co-partner. "It (gas exploration) is a continuous process to make Bangladesh a middle-income country by 2021 and also to become a developed country by 2041," Finance Minister Abul Maal Abdul Muhith told reporters at the signing ceremony.
After India, China Wants Maritime Deal with Bangladesh
China has approached Bangladesh to sign a deal on blue economy and maritime cooperation in the Bay of Bengal, days after Dhaka and New Delhi signed such an accord. Media reports quote an unnamed senior Foreign Ministry official saying that Dhakka received a Chinese proposal on Wednesday to forge an alliance on blue economy. Bangladesh and India signed a memorandum of understanding on blue economy and maritime cooperation in the Bay of Bengal and the Indian Ocean on June 6 in the presence of Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi.