Bangladesh Shipping Corporation

Bangladesh Shipping Corporation
Formation5 February 1972; 52 years ago (1972-02-05)
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali
Managing Director
Commodore Mahmudul Malek
RevenueIncreaseUS$32.93 million (2018)
WebsiteBangladesh 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 in 1972, Bangladesh inherited no merchant vessel registered under its flag. 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.[1]

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 Russian invasion of Ukraine.[3]

Headquarters

The main headquarters is in the port city of Chittagong.[1] 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.[1] The corporation also run its own modern marine workshop in Chittagong.[citation needed]

References

  1. ^ a b c d Hossain, Khandakar Akhter (2012). "Bangladesh Shipping Corporation". In Islam, Sirajul; Jamal, Ahmed A. (eds.). Banglapedia: National Encyclopedia of Bangladesh (Second ed.). Asiatic Society of Bangladesh.
  2. ^ History of Bangladesh Shipping Corporation Archived 28 March 2009 at the Wayback Machine.
  3. ^ "Bangladesh Shipping seeks $22.4m insurance claim after missile hits vessel". Ship Technology. 21 March 2022. Retrieved 23 June 2022.
Stub icon

This Bangladeshi corporation or company article is a stub. You can help Wikipedia by expanding it.