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[🇧🇩] Ship Building Industry in Bangladesh

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[🇧🇩] Ship Building Industry in Bangladesh
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They have built up to Corvette level, many of them.

Next is Frigate program - soon.
Before implementing our frigate program we should implement our submarine program first. Submarine is the only naval platform that could break a naval blockade by our adversaries.
 
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Western Marine hands over three landing craft to UAE buyer
Staff Correspondent . Chattogram 20 November, 2025, 23:51

1763691185122.webp

Three newly built landing craft vessels built by Western Marine Shipyard Limited are seen in Chattogram on Thursday. | BSS photo

Western Marine Shipyard Limited on Thursday handed over three newly built landing craft vessels to Marwan Shipping Ltd of the United Arab Emirates, marking another step forward for Bangladesh’s growing export-oriented shipbuilding industry.

The vessels Maya, Emy and Muna were formally delivered at a ceremony held aboard the newly built landing craft Maya on the Karnaphuli River in Chattogram.

In 2023, Western Marine signed a contract with Marwan Shipping Ltd to construct eight vessels, including two tugboats, four landing craft and two tankers. With Thursday’s handover, the company has so far delivered four vessels under the agreement, following the earlier delivery of the landing craft Rayan in January and tugboats Khalid and Ghaya in July this year.

Speaking at the event, UAE ambassador to Bangladesh Abdullah Ali Abdullah Al Hamoudi said the commercial ties between the two companies would further strengthen the longstanding friendship between the two nations and he hoped more ships from Bangladesh would be exported to the UAE in the future.

Abdur Rahim Khan, Additional Secretary of the Ministry of Commerce and administrator of the Federation of Bangladesh Chambers of Commerce and Industry, said shipbuilding had added a new dimension to the country’s export basket as both the public and private sectors became increasingly engaged in the industry.

Western Marine’s steady record of exporting vessels over the recent years was contributing to the economy, employment generation and diplomatic relations with friendly countries, he added.

He also said that Bangladesh is among a very small number of countries capable of building such large vessels. The country would soon be able to export even bigger ships to the global market.

Marwan Shipping and Trading Company LLC managing director Ahmed Mohammed Hussein Al Marzouki, Chattogram Range DIG Ahsan Habib, officials from the Coast Guard and other agencies were also present at the ceremony.

The landing craft will be used to transport equipment for offshore energy operations, according to officials at the event.

Since its establishment, Western Marine Shipyard has exported 36 vessels to 11 countries, with a combined market value of $138 million.​
 
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Western Marine hands over three landing craft to UAE buyer
Staff Correspondent . Chattogram 20 November, 2025, 23:51

View attachment 22529
Three newly built landing craft vessels built by Western Marine Shipyard Limited are seen in Chattogram on Thursday. | BSS photo

Western Marine Shipyard Limited on Thursday handed over three newly built landing craft vessels to Marwan Shipping Ltd of the United Arab Emirates, marking another step forward for Bangladesh’s growing export-oriented shipbuilding industry.

The vessels Maya, Emy and Muna were formally delivered at a ceremony held aboard the newly built landing craft Maya on the Karnaphuli River in Chattogram.

In 2023, Western Marine signed a contract with Marwan Shipping Ltd to construct eight vessels, including two tugboats, four landing craft and two tankers. With Thursday’s handover, the company has so far delivered four vessels under the agreement, following the earlier delivery of the landing craft Rayan in January and tugboats Khalid and Ghaya in July this year.

Speaking at the event, UAE ambassador to Bangladesh Abdullah Ali Abdullah Al Hamoudi said the commercial ties between the two companies would further strengthen the longstanding friendship between the two nations and he hoped more ships from Bangladesh would be exported to the UAE in the future.

Abdur Rahim Khan, Additional Secretary of the Ministry of Commerce and administrator of the Federation of Bangladesh Chambers of Commerce and Industry, said shipbuilding had added a new dimension to the country’s export basket as both the public and private sectors became increasingly engaged in the industry.

Western Marine’s steady record of exporting vessels over the recent years was contributing to the economy, employment generation and diplomatic relations with friendly countries, he added.

He also said that Bangladesh is among a very small number of countries capable of building such large vessels. The country would soon be able to export even bigger ships to the global market.

Marwan Shipping and Trading Company LLC managing director Ahmed Mohammed Hussein Al Marzouki, Chattogram Range DIG Ahsan Habib, officials from the Coast Guard and other agencies were also present at the ceremony.

The landing craft will be used to transport equipment for offshore energy operations, according to officials at the event.

Since its establishment, Western Marine Shipyard has exported 36 vessels to 11 countries, with a combined market value of $138 million.​

Nice news. International order is the recognition of Quality.
 
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Prospect of ship building in Bangladesh

Sohail Hasan
Published :
Dec 08, 2025 18:59
Updated :
Dec 08, 2025 18:59

1765242275174.webp


Across the world, demand for new ships is on a rapid rise. This surge comes at a time when many traditional shipbuilding nations, particularly Japan, South Korea, and several European countries, face major labour shortages. Shipbuilding is a labour-intensive industry, and without an abundant and experienced workforce, many countries are struggling o keep up with order volumes. Shipbuilding is primarily a capital- intensive industry with labour playing an important role due to dependence on skilled and semi-skilled manpower. China, the Republic of Korea and Japan are currently the major global players because of cost-cum- price competitiveness. Cost-effective human resources, simplified import facilities for raw materials and duty-free market access to potential markets have encouraged Bangladeshi entrepreneurs to come forward in the ship-building business. As the global demand is going up after a period of stagnation, this is the time for Bangladeshi entrepreneurs to prepare for meeting a surge in global and local demand for small-and medium-sized ships.

Following the footsteps of ship building companies, including Western Shipyard, came forward by building on its experience of ship repair and maintenance of classed vessels. It entered the shipbuilding industry in 2008 and the first orders from Europe arrived very soon. Many vessels were delivered by Ananda and Western Shipyards so far with an export value of over US$100 million. Although Bangladeshi firms demonstrated the capacity to build different categories of vessels, only multipurpose vessels (MPV) and ferries were exported during the period (World Bank, 2013).

On November 20 last, the leading export-oriented shipbuilder of Bangladesh, Western Marine Shipyard Ltd (WMSL), exported 03 more ships in 2025 to the United Arab Emirates (UAE). It is a historical moment for the shipbuilding sector of Bangladesh as Western Marine is exporting three ships in one single day to the UAE, which is a non-traditional export market for Bangladesh. As a country we're too much dependent on single export product where Bangladesh can fall into Dutch disease and our exports might fall drastically. For this reason, the country should promote new exporting sectors like shipbuilding to diversify her export products and export destination. Shipbuilding is labour -intensive, high-tech and heavy industry. Its end-product brings multimillion dollars even with a single unit export. For image building and diversification, we need to export high -value products which will lead Bangladesh into being a global economic player.

Western Marine signed contract for building a total of eight ships-- 2 tugboats, 4 landing crafts and 2 tankers--with their UAE-based buyer Marwan Shipping Ltd in 2023. Out of these eight vessels, earlier they delivered one 69-meter landing craft "Rayan" in January 2025 and two high-power tugboats "Khalid" and "Ghaya" were exported to the UAE in July 2025. The remaining two tankers are expected to be delivered in 2026.

We have a plentiful supply of skilled and semi-skilled manpower. Our labour force is young, energetic, and capable - and this is a strength no other major shipbuilding nation currently enjoys on this scale. Combined with competitive production costs, a rapidly growing industrial base, and the proven ability to deliver vessels to international clients, Bangladesh stands today as a strong and credible contender on the global shipbuilding market. Export diversification is a point of national importance. Bangladesh has long relied on a narrow export basket. It is important that we expand our capabilities and reduce our dependence on a single industry for foreign income. Shipbuilding is one of the most promising industries for this diversification. Every vessel we export carries more than just steel and machinery, it carries Bangladeshi workmanship, Bangladeshi talent, and Bangladeshi ambition to the world. As exports grow, so too does our reputation- and with it, new sectors of opportunity open for our country. The international demand is there. The market gaps are clear. And Bangladesh, with its workforce and competitiveness, is well-positioned to capture a larger share of that opportunity.

Factors that affect the ease of doing business-such as delays in approval and bureaucratic constraints- can slow down productivity. These issues are real, but they are not permanent. With continued reforms, stronger coordination, and a united push to improve our business environment, we can accelerate our progress and make shipbuilding an even more competitive export sector for the country. Bangladesh government has provided "Shipbuilding Industry Development Policy 2021", and with proper implementation of the policy, our shipbuilding industry can rise to the next level.

It may be mentioned that Western Marine exported first ship to this buyer in 2017. The shipbuilder has so far exported 36 ships to 11 countries with an aggregate value of more than US$138 million.

Western Marine Shipyard, one of the biggest shipyards in Bangladesh, started its shipbuilding activities in 1994 under the umbrella of Western Marine Group. Finally the company was founded with its modern slipway in 2000. Since its foundation, the company is always known as a shipbuilder with quality- based motivation.

Western Marine Shipyard specializes in Construction, Modification, Docking and Repair of vessels such as cargo, passenger, tug, pontoon and tanker. Quality and continuous improvement is assumed as success factor for Western Marine Shipyard Ltd. The company keeps our quality management system certified, according to ISO 9001-2000. Also, Western Marine Shipyard keeps the welding system certified according to WPQR. Western Marine Shipyard assumes that Health and Safety is an essential factor of the company performance and proceeding to set Health and Safety standard according to OHSAS 18000.

Western Marine is a full service shipbuilding company for vessels and renders services in New Buildings, Modifications, Docking and Repairs. Currently there are 50 professional staff members with 600 skilled and semi-skilled technicians bringing the quality into practice. A modern ship-design section with internationally reputed software and experienced Naval Architects is constantly fulfilling the requirement of ship-design parameters. The company is ready to take the lead to contribute to the demanding shipbuilding industry of the world and has the setup to achieve this goal comfortably.

Western Marine has expanded its shipyard to over 10 acres of land near Shikalbaha Power Plant in Kolagaon Union under Patiya Upazila to take the domestic ship-building industry to new heights.

Captain Sohail Hasan is Managing Director, Western Marine Shipyard Limited​
 
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Prospect of ship building in Bangladesh

Sohail Hasan
Published :
Dec 08, 2025 18:59
Updated :
Dec 08, 2025 18:59

View attachment 22812

Across the world, demand for new ships is on a rapid rise. This surge comes at a time when many traditional shipbuilding nations, particularly Japan, South Korea, and several European countries, face major labour shortages. Shipbuilding is a labour-intensive industry, and without an abundant and experienced workforce, many countries are struggling o keep up with order volumes. Shipbuilding is primarily a capital- intensive industry with labour playing an important role due to dependence on skilled and semi-skilled manpower. China, the Republic of Korea and Japan are currently the major global players because of cost-cum- price competitiveness. Cost-effective human resources, simplified import facilities for raw materials and duty-free market access to potential markets have encouraged Bangladeshi entrepreneurs to come forward in the ship-building business. As the global demand is going up after a period of stagnation, this is the time for Bangladeshi entrepreneurs to prepare for meeting a surge in global and local demand for small-and medium-sized ships.

Following the footsteps of ship building companies, including Western Shipyard, came forward by building on its experience of ship repair and maintenance of classed vessels. It entered the shipbuilding industry in 2008 and the first orders from Europe arrived very soon. Many vessels were delivered by Ananda and Western Shipyards so far with an export value of over US$100 million. Although Bangladeshi firms demonstrated the capacity to build different categories of vessels, only multipurpose vessels (MPV) and ferries were exported during the period (World Bank, 2013).

On November 20 last, the leading export-oriented shipbuilder of Bangladesh, Western Marine Shipyard Ltd (WMSL), exported 03 more ships in 2025 to the United Arab Emirates (UAE). It is a historical moment for the shipbuilding sector of Bangladesh as Western Marine is exporting three ships in one single day to the UAE, which is a non-traditional export market for Bangladesh. As a country we're too much dependent on single export product where Bangladesh can fall into Dutch disease and our exports might fall drastically. For this reason, the country should promote new exporting sectors like shipbuilding to diversify her export products and export destination. Shipbuilding is labour -intensive, high-tech and heavy industry. Its end-product brings multimillion dollars even with a single unit export. For image building and diversification, we need to export high -value products which will lead Bangladesh into being a global economic player.

Western Marine signed contract for building a total of eight ships-- 2 tugboats, 4 landing crafts and 2 tankers--with their UAE-based buyer Marwan Shipping Ltd in 2023. Out of these eight vessels, earlier they delivered one 69-meter landing craft "Rayan" in January 2025 and two high-power tugboats "Khalid" and "Ghaya" were exported to the UAE in July 2025. The remaining two tankers are expected to be delivered in 2026.

We have a plentiful supply of skilled and semi-skilled manpower. Our labour force is young, energetic, and capable - and this is a strength no other major shipbuilding nation currently enjoys on this scale. Combined with competitive production costs, a rapidly growing industrial base, and the proven ability to deliver vessels to international clients, Bangladesh stands today as a strong and credible contender on the global shipbuilding market. Export diversification is a point of national importance. Bangladesh has long relied on a narrow export basket. It is important that we expand our capabilities and reduce our dependence on a single industry for foreign income. Shipbuilding is one of the most promising industries for this diversification. Every vessel we export carries more than just steel and machinery, it carries Bangladeshi workmanship, Bangladeshi talent, and Bangladeshi ambition to the world. As exports grow, so too does our reputation- and with it, new sectors of opportunity open for our country. The international demand is there. The market gaps are clear. And Bangladesh, with its workforce and competitiveness, is well-positioned to capture a larger share of that opportunity.

Factors that affect the ease of doing business-such as delays in approval and bureaucratic constraints- can slow down productivity. These issues are real, but they are not permanent. With continued reforms, stronger coordination, and a united push to improve our business environment, we can accelerate our progress and make shipbuilding an even more competitive export sector for the country. Bangladesh government has provided "Shipbuilding Industry Development Policy 2021", and with proper implementation of the policy, our shipbuilding industry can rise to the next level.

It may be mentioned that Western Marine exported first ship to this buyer in 2017. The shipbuilder has so far exported 36 ships to 11 countries with an aggregate value of more than US$138 million.

Western Marine Shipyard, one of the biggest shipyards in Bangladesh, started its shipbuilding activities in 1994 under the umbrella of Western Marine Group. Finally the company was founded with its modern slipway in 2000. Since its foundation, the company is always known as a shipbuilder with quality- based motivation.

Western Marine Shipyard specializes in Construction, Modification, Docking and Repair of vessels such as cargo, passenger, tug, pontoon and tanker. Quality and continuous improvement is assumed as success factor for Western Marine Shipyard Ltd. The company keeps our quality management system certified, according to ISO 9001-2000. Also, Western Marine Shipyard keeps the welding system certified according to WPQR. Western Marine Shipyard assumes that Health and Safety is an essential factor of the company performance and proceeding to set Health and Safety standard according to OHSAS 18000.

Western Marine is a full service shipbuilding company for vessels and renders services in New Buildings, Modifications, Docking and Repairs. Currently there are 50 professional staff members with 600 skilled and semi-skilled technicians bringing the quality into practice. A modern ship-design section with internationally reputed software and experienced Naval Architects is constantly fulfilling the requirement of ship-design parameters. The company is ready to take the lead to contribute to the demanding shipbuilding industry of the world and has the setup to achieve this goal comfortably.

Western Marine has expanded its shipyard to over 10 acres of land near Shikalbaha Power Plant in Kolagaon Union under Patiya Upazila to take the domestic ship-building industry to new heights.

Captain Sohail Hasan is Managing Director, Western Marine Shipyard Limited​

There are eight of these under build at Western Marine. One was already handed over earlier this year and by the end of next year two more will be handed over.

1766462508580.webp



RAYAN
 
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Another Norwegian build at WMShL currently is this high tech 80m long deep sea fishing vessel

1766463125345.webp


1766463164953.webp


1766463464320.webp
 
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Let me clean up this thread, this was long overdue. Please do not post off-topic items.
 
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Shipbuilders get easy loan rescheduling at 1.5pc
Staff Correspondent 20 January, 2026, 23:04

1768958830778.webp


Bangladesh Bank on Tuesday issued a ‘lenient’ loan rescheduling and restructuring facility for export-oriented and domestic shipbuilding companies, allowing defaulters to regularise classified loans with as little as a 1.5 per cent upfront payment on the principal and a two-year grace period.

According to a circular issued on Tuesday, shipbuilding companies with classified loans as of December 31, 2025 will be eligible for special rescheduling for up to 10 years after a total down payment of only 3 per cent on the outstanding principal.

Of this, borrowers will pay 1.5 per cent at the time of application and the remaining 1.5 per cent within six months of approval.

The rescheduled loans will also enjoy a two-year grace period, during which borrowers will only service interest or profit, depending on the banking model.

The central bank justified the move by citing global geopolitical instability, military tensions in Europe, supply chain disruptions and a broader global economic slowdown, which it said had severely hurt the cash flows of shipbuilding firms.

However, the decision comes at a time when the country’s default loans remain at historically high levels, while actual recovery has stayed weak despite repeated rescheduling facilities.

Experts said that such repeated concessions risk encouraging strategic defaults and further weakening credit discipline in the banking system.

According to Bangladesh Bank data, non-performing loans stood at more than Tk 6.44 lakh crore by the end of September 2025, accounting for over one-third of total outstanding loans.

Recovery against these defaults has remained minimal, with state-owned and several private banks struggling to collect even a small fraction of overdue amounts.

Under the new facility, banks will first transfer all accrued and unrealised interest or profit on shipbuilding loans into a separate blocked account.

Borrowers will not need to pay any interest on this blocked amount during the grace period and will be allowed to repay it in instalments only after the grace period ends.

For Islamic banks, compensation profit will be treated in line with Shariah principles.

The circular also allows loans previously rescheduled under earlier Bangladesh Bank directives to be restructured again, with only a 2 per cent down payment and an extension of up to two additional years.

Borrowers will also be able to access fresh loans without paying any compromise amount against the rescheduled facilities, a provision that bankers say significantly reduces lenders’ leverage.

The central bank has asked banks to conduct special inspections to verify whether borrowers were genuinely affected by uncontrollable factors.

Even then, banks may treat loans as eligible for rescheduling based on their own assessment, raising concerns about discretionary misuse.

Applications under the facility must be submitted by June 30, 2026, with banks required to dispose of each case within 60 days.

Failure to pay post-approval down payments or six monthly or two quarterly instalments will result in cancellation of the facility and legal action, with no further rescheduling allowed.​
 
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