Bangladesh: Shipbuilders get $478m export orders

Leading local shipbuilders received export orders of world-class seagoing small, large and ice-class vessels worth 478 million US dollar with a deadline to deliver those by 2013. Ananda Shipyard and Slipways Ltd (ASSL) received orders for export of 28 vessels valued at 348 million US dollar from different countries including the Netherlands. On the other hands, Western Marine Shipyard Ltd (WMSL) got orders worth $130 million to export 12 vessels to a German company styled Grona Shipping.Shipbuilders say the huge orders were bagged due to the government's declaring the sector as thrust one. The global financial recession dented many developed countries excepting developing ones including Bangladesh and that is why buyers of developed countries expressed their interest in Read More>>