How Shipping Company In Bangladesh Became A Globally Well-Known Brand?

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. Since ages, the rivers and water transports play a significant role in the economic and commercial activities in Bangladesh. 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 labour-intensive industry. All inland ships are built and repaired in the local shipyards. Bangladesh is renowned to harbour the second-largest shipbreaking 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 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 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. Already Bangladesh is heading the race with more than a hundred shipbuilding yards. The coastal and inland waterways of Bangladesh serve as an area through which transportation of about 70% of country’s cargo and 90% of total oil products takes place by cargo vessels, small ships and tugs. Thousands of hundreds of people use steamers and ferries to move from one part of Bangladesh to other like from the capital city of Dhaka to Khoksha or any other area and vice-versa. 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 in 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.