Location is essential, not just in real estate but to marketing as well. This is a market that’s been invaluable to the far eastern tonnage.
Bangladesh recycles anywhere from 100 to 200 vessels annually and has about 60 recycling yards in Chittagong. Some of these yards are ISO certified, and OHSAS compliant. In Bangladesh our regionally associated offices are located in Dhaka and Chittagong, which are both locations central to the ship recycling community. Our team on ground has over 15 years of experience in this industry and has strong local infrastructure and connections with all necessary authorities facilitating seamless sales, services and beaching.