Life & Profession: May 2008

Bangladesh Starts export ship..........

Bangladesh emerges as new ship exporting country: Ananda Shipyard receives
$150m export order

Commerce Adviser Dr Hossain Zillur Rahman,
Ambassador of Denmark Einar H Jensen, German Ambassador
Frank Meyke chairman of Ananda Shipyard and Slipways Ltd Dr
Abdullahel Bari, buyers from Germany and Denmark Jan
Fabricius, Gerd Wessels, Yourk Dyckerhoff,

Staff Reporter

Bangladesh has emerged as new ship exporting country following building of
two ships for Denmark and receiving export order of US$150 million by the
Ananda Shipyard and Slipways Ltd, a ceremony to mark the occasion was told
yesterday expressing hope to earn US$10 billion by next ten years from this
sector.

"This is a historic event. Please treat the success of shipbuilding sector
as the emergence of Bangladesh as a ship exporting country," Chairman of
Ananda Shipyard and Slipways Ltd Dr Abdullahel Bari told the ceremony at a
city hotel. A ship, made by the Ananda Shipyard, is scheduled to be exported
to Denmark by next month while another one will be exported by next three
months.

Ananda Shipyard received two other shipbuilding orders from Denmark and 10
others from Germany, which will be exported by 2009.

Chaired by Dr Abdullahel Bari the ceremony was spoken by Commerce Adviser Dr
Hossain Zillur Rahman, Industries Secretary Nurul Amin, Ambassador of
Denmark Einar H Jensen, German Ambassador Frank Meyke and buyers from
Germany and Denmark Jan Fabricius, Gerd Wessels, Yourk Dyckerhoff, and
Volkmar Wasmansdorff.

Managing Director of Ananda Shipyard Mrs Afruja Bari gave vote of thanks.

Dr Hossain Zillur Rahman said Bangladesh has huge potential in shipbuilding
sector. "We have to multiply this historic moment, the emergence as ship
exporting country." He said the government is trying to identify new thrusts
sectors thus shipbuilding sector can be one of them. Different order of
policy attention will be given to some thrust sector, the adviser said.

Hailing the export of ship by the Ananda Shipyard Dr Zillur said, " We need
entrepreneurs like them who will demonstrate zero tolerate for low quality."

"Bangladesh has to move towards all fronts of opportunities," the adviser
said adding, "The government will provide all possible support to the
entrepreneurs."

Ambassador of Denmark Einar H Jensen said Bangladesh is in right track to
achieve shipbuilding order for international market. This shipbuilding
sector will help job create as well as earn foreign currencies, he said.

German Ambassador Frank Meyke said Germany is the second largest export
destination of Bangladeshi goods. The shipbuilding sector will also help
enhance trade between the two countries.

Volkmar Wasmansdorff, head of Asia/Pacific division of Germanischer said
Ananda Shipyard is trustworthy to built high quality ship for international
market.

Afruja Bari said Ananda Shipyard and Slipways Ltd is in the shipbuilding
sector since 1983. It was building ships for domestic market but now
building for the foreign market. Ananda Shipyard already secured US$150
million export order, she apprised the audience.

Mrs Bari said the sector was facing tremendous difficulties in clearing
goods from port, customs and get permission from the board of investment
office of the chief controller of export and import. This uncooperativeness
of the government agencies slows the progress of construction work and
consequently results in delay in delivery, she said.

Urging for provisions of green channel facilities for the shipbuilding
sector Afruja Bari demanded low interest rate on bank loan and low
commission on bank guarantees like competitor countries China and Vietnam

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Bangladesh shipyard Highspeed has won an order of eight 4,500 dwt multi-purpose vessels by Dutch shipping
company Hollander Schultens. The ships will be built to Germanischer
Lloyd class.
Construction of the vessels with ice class will start in December 2008.
The delivery of all units is scheduled to be completed by April 2012.
Until then the yard will upgrade its facilities and add modern
equipment. This will include the expansion of the dry dock as well as
covered sheds and machinery.
Highspeed Shipbuilding and Engineering Company Ltd, based in Fatullah,
Narayanganj, is the country's oldest shipyard. It specializes in small
river cargo and passenger vessels up to 3,000 tonnes and has built over
100 of these since 1961. It is the third shipyard in Bangladesh to
receive export orders.
The classification society has been represented in Bangladesh since the mid-1980s. An export order for twelve 5,500 dwt multipurpose vessels at Ananda shipyard in November 2007 will also be built to Germanischer Lloyd class. The construction of five multi-purpose dry cargo vessels at Western Marine shipyard has just begun. The first two keels for the 4,100 dwt vessels were laid at the end of February. The ships were ordered from Danish Stella Shipping and will be built with GL class.

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Chittagong/Bangladesh, 25 March 2008 – Bangladesh shipyard Highspeed has won an order of eight 4,500 dwt multi-purpose vessels by Dutch shipping company Hollander Scholtens. The ships will be built to Germanischer Lloyd class.

Construction of the vessels with ice class will start in December 2008. The delivery of all units is scheduled to be completed by April 2012. Until then the yard will upgrade its facilities and add modern equipment. This will include the expansion of the dry dock as well as covered sheds and machinery.

Highspeed Shipbuilding and Engineering Company Ltd, based in Fatullah, Narayanganj, is the country’s oldest shipyard. It specializes in small river cargo and passenger vessels up to 3,000 tonnes and has built over 100 of these since 1961. It is the third shipyard in Bangladesh to receive export orders.

“The order with Highspeed Shipbuilding is another great step forward for the shipbuilding industry in Bangladesh”, C.F. Zaman, Germanischer Lloyd Country Manager Bangladesh, is convinced. The classification society has been represented in Bangladesh since the mid-1980s. An export order for twelve 5,500 dwt multipurpose vessels at Ananda shipyard in November 2007 will also be built to Germanischer Lloyd class. The construction of five multi-purpose dry cargo vessels at Western Marine shipyard has just begun. The first two keels for the 4,100 dwt vessels were laid at the end of February. The ships were ordered from Danish Stella Shipping and will be built with GL class.