6:10 pm - Wednesday November 21, 2018

BSC vessels buying plan on hold

The Bangladesh Shipping Corporation (BSC), which got permission for procurement of six vessels from China after a long delay, is now in the midst of yet another complexity involving their building in Chinese shipyards.

china BDThe BSC has chosen a Chinese shipbuilder for the purpose. But the Exim Bank of China, which is bankrolling the ship procurement project, has objected to the selection of what is described as an inexperienced’ shipbuilder and suggested the name of another one.

The Exim Bank recently requested the BSC to build the vessels at the facilities of experienced and internationally reputed shipyard. To this regard, it proposed the name of Yangzijiang Shipbuilding Group Ltd.

Source: Asianet-Pakistan


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