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Tuesday, October 16, 2018

SCRAPPING IN BANGLADESH

Bangladesh has some 70 scrapping sites around Chittagong, according to Offshore Shipping, a local shipbroker in Bangladesh dealing with ship recycling.  Bangladesh scrapped 15 VLCCs in 1999, but Offshore Shipping estimates that 20 to 25 VLCCs plus the same number of Suezmaxes could be scrapped in 2001 and 2002.  Some two to three months are needed to demolish a VLCC in Bangladesh.  Offshore Shipping estimates a maximum breaking capacity of some 40 VLCCs per year, but there is a lack of modern cutting equipment.  Offshore Shipping can be contacted at smc@spnetctg.com, Tel: 880 31 710871, Fax: 880 31 710040/720168 for further information.