Tag: Bangladesh

The two state-run energy companies, Bangladeshi Petrobangla and Indonesian Pertamina, signed an agreement on Sunday to discuss LNG import in Bangladesh, as the South Asian country turns to LNG seeking to fill a shortfall of domestic natural gas.

In a bid to further boost Bangladeshi ship recycling industry, the parliament passed the Bangladesh Ship Recycling Bill 2018, keeping a provision of tougher punishment for violations of the law. Under the bill, owners are obliged to issue life insurance for all employees and be fully aligned with the relevant global laws and conventions,

According to ReCAAP ISC annual report, 84% of the incidents reported, were armed robbery, while 16% were piracy incidents. More needs to be done in certain locations, such as Bangladesh and Straits of Malacca. Abduction of crew and theft of oil cargo remained a concern in 2017.

In its weekly report, the ReCAAP ISC informed of an incident involving the tug boat 'Crest Spartan 8', while underway approximately 13 nm west of Kutubdia Island, Bangladesh. While the tug boat towing barge was underway to Maishakali, the Second Officer spotted a small boat approaching the barge.

Luxembourg-based dredging company Jan De Nul Group signed a Joint Venture Company agreement with its partner Payra Port Authority for the Payra Deep-sea Port EUR 550 million dredging project. Payra Deep-sea Port is considered vital for efficient development of Bangladesh’s infrastructure, trade and commerce.

Korean Register classification society announced that it has signed an agreement with the government of Bangladesh, to deliver services on behalf of the Bangladeshi flag administration, carrying out vessel surveys and issuing certificates in accordance with international conventions.

The Union Cabinet recently approved a MoU on Aids to Navigation between the Directorate General of Lighthouses & Lightships, Ministry of Shipping, Government of India and the Department of Shipping, Government of Bangladesh.

Port of Chittagong, the largest in the south Asian state Bangladesh, is set to be enlarged. Chittagong is situated in the south of Bangladesh, handling 92 percent of the country’s seaward traffic. Over the past ten years, Bangladesh has seen its economy grow by around six percent every year.

Safe and Environmentally Sound Ship Recycling in Bangladesh 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 Mr Nicolaos Charalambous, Director, Technical Cooperation Division, IMO and Mr Md. Ashadul Islam, Additional Secretary, Economic Relations Division of the Ministry of Finance of the Government of Bangladesh, on 10 April 2014.IMO and Bangladesh will jointly implement a project entitled "Safe and Environmentally Sound Ship Recycling in Bangladesh - Phase I". With an annual gross tonnage capacity of more than 8.8 million, the Bangladesh ship recycling industry is one of the world's most important, second only to neighbouring India in terms of volume.The project, aimed at improving standards and sustainability within the industry, will consist of five work packages, covering studies on economic and environmental impacts and on the management of hazardous materials and wastes, recommendations on strengthening the Government's One-Stop Service (in which all the various ministries with a responsibility for ship recycling - e.g. Industries, Environment, Labour, Shipping - offer a single point of contact ...

IMO and Bangladesh have signed an agreement to work together to improve standards in the country's ship-recycling industry