Bangladesh Shipping Corporation Explained

Bangladesh Shipping Corporation
Headquarters:Dhaka, Bangladesh
Region Served:Bangladesh
Language:Bengali
Leader Title:Managing Director
Leader Name:Commodore Mahmudul Malek
Revenue:US$32.93 million (2018)
Website:Bangladesh Shipping Corporation

Bangladesh Shipping Corporation is a state-owned, autonomous corporation in Bangladesh. It owns a number of ships and oil tankers, and also charters sea-going vessels from other operators. The vessels are used to carry ready-made garments and other export items, and also to import crude oil from Saudi Arabia and UAE.

History

In 1971, Pakistan's National Shipping Corporation took all the merchant fleet. Beginning of 1972, Bangladesh inherited no merchant vessel registered under her flag. Father of the Nation Bangabandhu Sheikh Mujibur Rahman realized the importance of the shipping sector at that time. On 5 February 1972, he established 'Bangladesh Shipping Corporation (BSC) under the President Order no-10 of 1972. On 10 June of the same year, BSC acquired the first national ship 'Banglar Doot' which was the first registered ship in independent Bangladesh. Soon after BSC acquired 'Banglar Sampad'

[1] [2] It purchased its first ship in 1974. The ship was named Banglar Doot (Ambassador of Bengal). As of 2001, the corporation owned 13 ships, two of which are oil tankers.

In March 2022, Bangladesh Shipping Corporation requested $22.4M from its insurer, Sadharan Bima Corporation, after its cargo ship Banglar Samriddhi was hit by a missile while docked at the Olvia port in Ukraine during the Russia-Ukraine war.[3]

Headquarters

The main headquarters is in the port city of Chittagong. There are branch offices in both Dhaka and Khulna. Although it is a semi-autonomous body, the minister of shipping of the Government of Bangladesh acts as the chairman of the corporation. The corporation also run its own modern marine workshop in Chittagong.

External links

Notes and References

  1. Book: Hossain, Khandakar Akhter . 2012 . Bangladesh Shipping Corporation . http://en.banglapedia.org/index.php?title=Bangladesh_Shipping_Corporation . Islam . Sirajul . Sirajul Islam . Jamal . Ahmed A. . Banglapedia: National Encyclopedia of Bangladesh . Second . Asiatic Society of Bangladesh.
  2. http://www.bsc.gov.bd/History.htm History of Bangladesh Shipping Corporation
  3. Web site: 2022-03-21 . Bangladesh Shipping seeks $22.4m insurance claim after missile hits vessel . 2022-06-23 . Ship Technology . en-US.