Self-financed ship procurement deal a major step for Shipping Corporation: Adviser Sakhawat
He also said the two ships will increase BSC's annual income by Tk150 crore and expand its transport capacity by around 120,000 DWT.
Bangladesh Shipping Corporation's (BSC) initiative to procure two modern bulk carriers with its own financing marks a historic milestone in the country's maritime sector, Shipping Adviser Brigadier General (Rtd) M Sakhawat Hussain said yesterday (21 September).
"This is the first time in the country's history that BSC is purchasing ships using its own funds," he said while speaking at the signing ceremony of a ship supply agreement between BSC and US-based Hellenic Dry Bulk Ventures LLC held at a hotel in Dhaka.
He also said the two ships will increase BSC's annual income by Tk150 crore and expand its transport capacity by around 120,000 DWT.
He added that the vessels, built under German license in China, are environmentally friendly, energy-efficient and meet the latest IMO standards. European and Japanese equipment, including pumps from Spain and compressors from Norway, have been used.
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The first ship is expected to be delivered in October 2025, followed by the second one in December 2025.
According to the agreement, the price of each ship is $38.349 million, and the total price of the two ships stands at $76.698 million.
