/ By ABCadmin / Bangladesh • News • Shipping/ • • • • / 0 Comments

BW LPG sells VLGC to Bashundhara

 Adis Ajdin
 BW LPG

Oslo-listed BW LPG has sold its very large gas carrier (VLGC) BW Empress to Bangladesh-based Bashundhara Oil and Gas for approximately $40m.

The 2005-built vessel, renamed to Bashundhara LPG Warrior, was delivered on April 15 and should bring net book gain of around $10m to BW LPG.

“BW Empress was sold for an attractive price in a volatile market. This sale is aligned with our asset management strategy, as we maximise the value of our current assets on water while considering the best way forward in our journey towards a zero-carbon future,” said Anders Onarheim, CEO of BW LPG.

With this sale, BW LPG owns and operates a fleet of 45 modern VLGCs, including four of the world’s first VLGCs to be retrofitted with LPG dual-fuel propulsion. The company has committed a further 11 VLGCs for retrofitting with this technology, representing an overall investment of over $130m.

Source: splash247.com

/ By ABCadmin / Bangladesh • News • Shipping/ • • • • / 0 Comments

Sea Ports Of Bangladesh

Bangladesh is a riverine country located in South Asia with a coastline of 580 km (360 mi) on the northern littoral of the Bay of Bengal. The delta plain of the Ganges (Padma), Brahmaputra (Jamuna), and Meghna Rivers and their tributaries occupy 79 percent of the country.

Port nameImageLocationTypeStatusAuthority
Port of Chittagong
Straddle carrier from Port of Chittagong (05).JPG

ChittagongLarge Sea Port (Major Port)ActiveChittagong Port Authority
Port of Mongla
Ship in Mongla Port.jpg

Mongla, KhulnaLarge sea Port(Major Port)ActiveMongla Port Authority
Port of Payra
PORT CTG TAZMEEM.JPG

Patuakhali, Barisal DivisionDeep Sea Port (Minor Port)ActivePayra Port Authority
Matarbari Port
Yangshan-Port-Balanced.jpg

Matarbari, Cox’s BazarDeep Sea PortUnder construction

 

Source: Wikipedia

/ By ABCadmin / Delivery • Shipping/ / 0 Comments

Why choose our warehousing service?

Our warehousing services are known nationwide to be one of the most reliable, safe and affordable, because we take pride in delivering the best of warehousing services, at the most reasonable prices. Our own warehouses, as well as our partner’s warehouses are located at strategic locations to ensure that there is no additional cost you need to bear during and before transport of freight.

Read More

/ By ABCadmin / Cargo • Shipping/ / 0 Comments

Top benefits of hiring our trucking service

Moving freight is a tough task that needs experience and expertise, because there is a lot at stack. Only the deliverables are not at stack here, but the commitment and trust. And, any mishap here can lead to the company having a bad market reputation, and would certainly impact the customer satisfaction it provides negatively.

Read More

/ By ABCadmin / Moving • Shipping/ / 0 Comments

Moving freight is a tough task that needs experience and expertise

While, many companies choose to have its own fleet of trucks for moving freight and load, it can prove to be expensive as a whole for the company. This is because buying a fleet of trucks, maintaining it, hiring numerous staff for its smooth operation, having technicians available round the clock, getting approval and licenses, designing logistic routes, maintaining smooth process, meeting deadlines, and so on, can not only increase the operational costs of the company, but can also prove to be a burden in the long run.

Read More

/ By ABCadmin / Shipping • Warehouse/ • • / 0 Comments

How outsourcing your logistic needs to us can prove to be cost-effective for you?

It is a known fact that having an in-house logistic department can enhance a company’s overall operational cost by a great margin, and this also affects the net profit and the benefits that the company wants to pass on to their clients. A smooth logistic operation is essential to the success of the company and the customer satisfaction it provides to its customers.

Read More