Tag: ship- recycling

It is important to keep the ship-breaking industry alive re safety and non pollution Industries Minister Dilip Barua said this week the government will formulate policy guidelines for an environment-friendly ship-breaking industry.Ship-breaking industry of the country is now under the grip of a severe crisis following High Court ban on its operation that led to closure of some re-rolling and steel mills. The fate of investment worth Tk 55 billion already been made by different banks in this industry is also becoming risky.Business leaders claimed that due to High Court ban on import and dismantling of scrap vessels, about 300 re-rolling mills and 50 steel mills were closed down over the last several months. A good number of non-government organisations (NGOs) are propagating against dismantling of scrap vessels in Bangladesh citing the cause of environment pollution. Rod and steel traders bitterly criticised their role saying that such NGOs were conspiring to destroy the country's prospective ship-breaking industry by raising some 'irrelevant' environmental issues.They claimed that the businessmen involved in the sector were counting financial loss worth around Tk 320 million daily due to such anti-industry activities by these NGOs. The ship breakers of Bangladesh, India and Pakistan have floated a ...

Workers found reluctant ta talk Mystery shrouds the accident at a ship breaking yard in Sitakunda upazila yesterday.Reporters and police rushed to the Seiko Steel Limited Ship Breaking Yard at South Sonaichhari of Baro Aulia under the upazila in the afternoon hearing the news of death of at least two workers at the yard but they only found nominal injury to a worker.Managing Director of the yard Md Nazim Uddin claimed that it was nothing but a rumour.He said a worker named Jahir, 30, was hurt in the toe while pulling an iron plate at around 11:30am.Assistant Superintendent of Police (ASP) Sachin Chakma of Sitakunda said he rushed to the yard after hearing the news but found there had been no accident.Most of the workers were found reluctant to talk with the reporters who visited the yard yesterday afternoon.They even expressed their ignorance about the injury to Jahir.Three new ships were imported at the yard two months back for scrapping, said Nazim Uddin.Source: Daily Star

Pakistan looks to recycle more tonnage "Pakistan looks set to recycle more tonnage this year than Bangladesh, as a freeze in ship demolition for most of this year has allowed Gadani breakers to compete more aggressively for vessels.In the year to date, Gadani breakers have bought at least 3.9m dwt of tonnage for demolition, according to data from Clarkson Research Services. This is just shy of the 4.3m dwt Chittagong yards have dismantled,and if uncertainty continues in Bangladesh this figure could stay flat further into this month."Source: Clarkson Research Services