Do You Know about Shipping Company in Bangladesh?

Known as a maritime nation, Bangladesh covers an area of 1, 66,000 sq. km of the sea with a profusion of both living and non-living resources. More than 200 rivers flow all around the country of Bangladesh. For ages, the rivers and water transports play a significant role for the economic and commercial activities in Bangladesh. The majority of the export and import system of the shipping company in Bangladesh, at around 85% is also covered by the sea. Presently, about 5,000 coastal ships have been taken into account with the objective to carry out more than 70% of cargo, 90% of total oil production and 35% of passengers to all over the country as desired. Much more than 1, 00,000 skilled workers and 150,000 semi-skilled workers are engaged in this labor-intensive industry. All inland ships are built and repaired in the local shipyards. Bangladesh is renowned to harbour the second largest ship breaking industries in the world.

In Bangladesh, the structure of the shipping company is designed to deliver the best performance. Nowadays, about 40 ships breaking and recycling yards are operating in Bangladesh. In the past time, the number of ship recyclers has classically changed with the due time between 30 and 40. Around 8-10 of these are larger, diversified companies, which have incorporated upstream into oxygen plants and downstream into re-rolling mills. They gain importance as they are the leading source for the supply of raw material including plate, stiffener, frame, longitudinal, pipe, old engine and/or generator, and even supplementary equipment, for most of the restricted confidential ship edifying yards. Those are used as underdone material in developing and repairing the internal shipping fleet.

The shipping company in Bangladesh provides various facilities. Bangladesh has held its position to have a number of shipyards which are built with the capacity to construct vessels for the International markets. The process of shipping is done by a logistics company which plans, implements, and controls the movement and storage of goods, services or information within a supply chain and between the points of origin and consumption. An assortment of logistic companies handles some or all of these supply chain functions, depending on a client's logistical needs. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items.

Logistics is by and large the detailed organization and implementation of a complex operation. In a general business sense, logistics is the supervision of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations. Already, the shipping company in Bangladesh is heading the race with more than a hundred shipbuilding yards. Thousands of hundreds of people use steamers and ferries to move from one part of Bangladesh to another like from the capital city of Dhaka to Khoksha or any other area and vice-versa. The coastal and inland waterways of Bangladesh serves as an area through which transportation of about 70% of the country’s cargo and 90% of total oil products takes place by cargo vessels, small ships, and tugs.

The fascinating part is that most of the vessels are built in the country which clearly states that Bangladesh is leading the position as far as the shipping company is concerned. The booming shipping company in Bangladesh is growing on a large scale to empower most within the next five years. The highest opportunity that is expected is the creation of thousands of jobs, most of which will serve the domestic market. The companies are leading the way in manufacturing for overseas buyers. At the moment, they can manufacture ships of about 10,000 tons and they are making strategies to expand their facilities to construct bigger vessels.

Author has vast experience in writing Freight solutions by air, freight solutions by air in London, air parcel shipping to Bangladesh, air parcel shipping to India,Sea freight, Road freight, Cargo & Logistics.