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Trend of Global and Local Shipbuilding

Cdre Khandokar Akhter Hossain, (E), NUP, psc. PhD, BN
Bangladesh Navy
kahossain756@gmail.com

Keywords: Shipbuilding, Shipping, Niche, Market, Recycling,

Abstract

Shipbuilding is a state supported industry, which enjoyed government subsidies and always an attractive industry for developing countries. Bangladesh as a country with large population has golden opportunity to get success in labor intensive heavy industry like shipbuilding. Bangladesh has required potential to establish herself as a promising shipbuilding nation and revive the glorious history of maritime sector. But, Bangladesh cannot keep pace and regularity in this business due to lack of appropriate strategy and policy and fails to penetrate international shipbuilding market. Moreover, local shipbuilding also has few inherent challenges. From this study it has been revealed that, small and medium size container, tanker, cargo, multipurpose and special types of ships with 3000-10000 DWT (approx) is suitable for Bangladesh. However, very recently the opportunity of FDI has created in shipbuilding sector. Country like China, Turkey, and Netherlands has showed their keen interest in this sector.

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Trend of Global and Local Shipbuilding

Published

2022-11-30

Section

ARTICLES