...Proceedings of MARTEC 2010 The International Conference on Marine Technology 11-12 December 2010, BUET, Dhaka, Bangladesh STUDY ON SOME COMPETITIVE PARAMETERS FOR SHIPBUILDING INDUSTRY IN BANGLADESH N. M. Golam Zakaria, M.M. Rahaman and Kh. Akhter Hossain Department of Naval Architecture and Marine Engineering, Bangladesh University of Engineering and Technology, Dhaka, Bangladesh gzakaria@name.buet.ac.bd ABSTRACT Despite Bangladesh has glorious history & heritage as a shipbuilding nation since ancient time, shipbuilding has been in focus only from the last couple of years. The optimism about this industry arose from the success attained by a number of local entrepreneurs who brought the name and fame to Bangladesh as a country with great potentials in shipbuilding by building and handing over some ocean-going vessels to overseas buyers. Since then, the shipbuilding in Bangladesh did not have to look back and now new opportunities are knocking at the door to flourish this industry further. However, due to global nature of this industry, an assessment of suitability to modern shipbuilding in terms of global standard is of prime importance. This paper focuses on studying some crucial competitive factors like labour skill, labour availability, labour man-hour, labour cost & productivity for local shipbuilding which are the inherent part for expansion of this industry. The analysis also focuses on the existing access to the resources like materials, knowledge and capital for shipbuilding...
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...Communication BUS 502 Spring 2011 BRAC UNIVERSITY Prospect of ship building industries in Bangladesh Abstract: Bangladesh has a thousand year old history in shipbuilding. There are more than 200 shipyards in the country, which are mainly engaged in building and repairing low quality inland vessels. Two shipwards have succeeded in making international classed vessels- and many more will come. It is about 15% cheaper to produce a ship in Bangladesh than anywhere else and the industry is expected to grow significantly. Introduction: Bangladesh is enjoying a boom in ship building. Driven by rising demand and a global supply shortage, existing players in the market have been able to capitalize on a global backlog in orders and sharp rises in prices. While investment in existing shipyards provides significant investment opportunities, investment in new yards may less compelling given two to three year lead times, a forecast fall in demand from 2011 and global dominance from China. However, leveraging its low cost base, adopting new technologies, coupled with government incentives and a strategic focus on areas such as small ships, Bangladesh could carve itself out a profitable niche. Bangladesh, through the course...
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...that Bangladesh has more than 200 rivers with a total length of about 22,155km plus a long coast line on the Bay of Bengal. It is little known today that Bangladesh was the center of building ocean-going vessels in Asia between the 15th and 17th century. In the early 19th century, the shipyards of Chittagong built many commercial ships of up to 1,000 tons and also British navy vessels that participated in the battle of Trafalgar in 1805. Due to this historic prosperous background and also a natural geographical advantage, there are presently more than 200 shipbuilding and ship-repair yards in Bangladesh. | Ship Building Industry in Bangladesh | Prospect of Shipbuilding Industry in Bangladesh: The history of indigenous shipbuilding in Bangladesh goes back a long way. It began with wooden-bodied passenger vessels having two decks and gradually improved to steel-body construction of multi-deck passenger carriers in the eighties as the passenger transportation in reverine route peaked. Cargo vessels under inland shipping ordinance began during the same period with sizes from 200 DWT to 500 DWT. Such construction did not require any organized dockyard or shipyard. These vessels were built on bare land on the riverside, scattered around the country especially where electricity was available on the river banks and construction of inland vessels flourished....
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...this opportunity with a helping hand from the government, as well as from other quarters, it could be the second largest export earning industry after ready-made garments within less than 10 years. But the shipbuilding industry of Bangladesh currently faces several problems such as high rate of bank guarantee, lack of working capital with low interest rate, lack of availability of land on river banks to build shipyards, etc., which should be solved on a priority basis to get results early from this industry. Bangladesh is a land of rivers and shipbuilding is synonymous with Bangladesh. Thousands of locallybuilt ships ply its inland waters. Almost 90 percent of petroleum and food products and 20 percent of passengers move through the waterways which has created the opportunity to build and use these water vessels here. Historically Bangladesh has a ship building infrastructure. Shipbuilding in Bangladesh is not new but the rise of export-oriented shipbuilding industry is. With the first export order for building ocean going vessel secured by Ananda Shipyards and Slipways Ltd. and the keel-laying of first export order ship on 22nd February, 2006, the real era of building export oriented...
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...for economical and commercial activities in Bangladesh. Major export and import of Bangladesh (about 85%) is also traveled by sea. At present more than 5,000 inland/coastal ships have been plying all over the country, which carry more than 90% of total oil product, 70% of cargo and 35% of passengers. More than 1,00,000 skilled workers and 150,000 semi-skilled workers are employed in this labor-intensive industry. All inland ships are constructed and repaired in local shipyards. Bangladesh harbours the second largest ship breaking industries in the world. They are the prime source of raw material including plate, frame, stiffener, longitudinal, pipe, old engine/generator, and even auxiliary machinery, for most of the local private shipbuilding yards. Those are used as raw material in manufacturing and repairing inland shipping fleet. Recently Bangladesh has successfully exported her first ocean going ship to Denmark, which was costing US$ 7 million. Ananda Shipyard and Slipway Ltd, the leading private owned shipyard, got orders from Germany, Denmark and Mozambique to build more than a dozen ships with the value costing of US$300 million. Few more quality ship builders like Western Marine...
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...Submitted To:- Submitted By Nafisa Rounok Uttam Golder Assistant Professor Jagannath University Department of Finance Department of Finance Jagannath University, Dhaka 4th Batch ID No: 105211 Submission Date: September 10, 2012 Letter of Transmission September 10, 2012 Nafisa Rounok Course Instructor: FIN 3208 (Entrepreneurship Development) Department of Finance Jagannath University, Dhaka. Dear Madam, It is an honor and great pleasure for us to present our Project Report on “A successful Entrepreneur”. This report was assigned to us as a partial requirement of the ‘Entrepreneurship Development’ (FIN-3208) course in the sixth semester. The Project program was an experience of rediscovering our potentials and full of excitements. This report has given us an opportunity to apply our theoretical expertise, sharpen our views, ideas, and communication skills...
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...S PRODUCTION PLANNING AT VIKTOR LENAC SHIPYARD w 9B04D019 Authorized for use only by Christopher ODowd in MS 4343 at University of Texas at San Antonio from Aug 27, 2014 to Dec 19, 2014. Use outside these parameters is a copyright violation. Giorgio Sinkovic and Professor David M. Currie prepared this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. Ivey Management Services prohibits any form of reproduction, storage or transmittal without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Management Services, c/o Richard Ivey School of Business, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2004, Ivey Management Services Version: (A) 2009-10-09 As the late afternoon sun descended over Mount Ucka, Ivana Boric sat down to prepare the production plan for the coming year at Viktor Lenac Shipyard. It was late May 2003, and the choppy seas caused by the Yugo wind from the southeast reminded her of the turbulent times facing Viktor Lenac. Recent expansion had increased fixed costs beyond...
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...A Term Paper On Problems of Entrepreneurial Development In Salt Industries of Khulna City Course Title: Field Work of Entrepreneurship and Small Business Development Course No: BA-3242 Submitted to Md. Mizanur Rahman Associate Professor Submitted by S.M. Arifuzzaman MD. Romel Rana S.M. Amir Khasru Sayeda Rebeka Sultana Nasruma Afrin Jhumu ID # 020303 ID # 020327 ID # 020331 ID # 020334 ID # 020337 Business Administration Discipline Khulna University Khulna. October 20, 2005 Letter of Transmittal October 20, 2005. To Md. Mizanur Rahman Associate professor Business Administration Discipline Khulna University Khulna-9208 Dear Sir, It provides us enormous pleasure to submit the report on “Problems of Entrepreneurial Development in Salt Industries of Khulna City”, which was assigned us on September 13, 2005 as a part of our course requirement. We convey our best tribute and thanks to you for providing us the opportunity to prepare this report and undergo such a valuable practical experience. We tried our level best to satisfy the purpose of the report and finally became successful to place our hard work ahead of you. If you want to know more and ins and outs of the report, we would be gladly available to answer you. Sincerely Yours S.M. Arifuzzaman ID # 020303 Md. Romel Rana ID # 020327 S.M. Amir Khasru ID # 020331 Sayeda Rebeka Sultana ID # 020334 Nasruma Afrin Jhumu ID # 020337 Acknowledgement At the very outset we like to acknowledge...
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...are different and unique to a particular city based on the city growth pattern, economic and social character. Khulna, the third largest metropolitan city in Bangladesh with 1.2 million populations within 45.6 square kilometres was developed as a medium scale industrial city since 1950s. Previously the city economy was completely established on river-based trade and the city developed around the river port locally named “Boro Bazaar” means big market place. The changing city form gave Boro Bazaar the shape of mixed-use zone rather solely commercial or business zone. Now, as a central economic hub in the city centre, Boro Bazaar needs to be more dynamic to response to the city economy and its growth pattern. For last one decade, Boro Bazaar has faced compact unplanned haphazard development even along the riverside just to meet the demand of rapid urbanization process. Therefore, it has become an urban challenge to revitalize the Boro Bazaar area to make more effective response to the rapid economic growth and to ensure better urban environment for the residents, businesspersons and the employers. Being the main economic hub in the city, Boro Bazaar needs to be more dynamic in responding to the city economy and its growth pattern. Therefore, it has been a major concern for the Khulna City Corporation (KCC) to reorganize the whole Boro Bazaar area under urban regeneration process to make it...
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...Bangladesh is now becoming a promising sector as it has signed several contracts with Danish investors to build multipurpose vessels. On at least two instances, Danish shipping interests recently have placed substantial orders with Bangladeshi shipyards. Ananda Shipyard in Meghna Ghat and CS and Partnere A/S, a Danish ship consortium, have signed a agreement to build a ship, said a press release. The first ship – a 2,900 DWT multi-purpose vessel currently under construction at Ananda Shipyard and will be delivered in early 2008 – is the first of a series of up to 14 ships ordered by the Danish investors.The second order landed by a Bangladeshi shipyard was when Western Marine in Chittagong signed a contract to build up to 5 multipurpose vessels (4,100 DWT) to be delivered to a Danish ship consortium. ‘The two orders have positioned these shipyards as serious players in the international shipbuilding industry in strong competition with Chinese and Vietnamese shipbuilders, said Danish Ambassador to Bangladesh Einar Hebogard Jensen. ‘In order to live up to the highest international standards to design ship and to obtain international accreditation from bureaus such as “Germanisher Lloyd” and “Norske Veritas” it will be important for the shipyards to be able to import various fittings and components necessary for the ships to reach an international standard,’ Einar commented. “To live up to export requirements, it will be essential that a mechanism can be introduced for facilitating...
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...1. Introduction 2.1. Shipyard Shipyard is a facility for building, maintaining, and repairing ships and boats which can vary in size from personal sailing boats to large container ships designed to travel around the globe. Usually, a shipyard is located in an advantageous location along a large inland river, harbor, or shoreline, and some historic shipyards have operated in the same location for hundreds of years. Numerous people work in a shipyard, including naval architects, engineers, electricians, and an assortment of other skilled trades people who contribute to the construction of a ship. A shipyard also has a large amount of specialized equipment. At the most basic, a shipyard simply builds ships. However, most shipyards also maintain and repair ships that they have built, or ships caught in emergency situations which cannot return to their home shipyard 2.2. Competitiveness Competitiveness is defined by the productivity with which a nation utilizes its human, capital and natural resources. To understand competitiveness, the starting point must be a nation’s underlying sources of prosperity. A country’s standard of living is determined by the productivity of its economy, which is measured by the value of goods and services produced per unit of its resources. Productivity depends both on the value of a nation’s products and services – measured by the prices they can command in open markets – and by the efficiency with which they can be produced. Productivity...
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...also taking that development path by taking full advantage of the demand shift towards centres of low cost production, and making full use of its low cost advantage and large domestic demand to build a solid industrial foundation. This appraisal of industry will draw on the key comparables between Korea and China, the two key players in the Shipbuilding Industry. The development of the Chinese shipbuilding industry is often compared to the development of the industry in South Korea, but the conditions for the process of development differed considerably. While, the South Korean shipbuilding industry was aimed from the outset at producing vessels for export, in contrast the economic strategy in China has initially been to develop shipyard capacity to sustain domestic economic development. In other words, the substantial construction of shipbuilding capacity in China has primarily been aimed at enabling China to be self-sufficient in sea transport. Above all, from the Chinese perspective, the supply of raw materials for domestic manufacturing, meeting the food needs of its populations and the transport of exports should to the extent possible be undertaken by Chinese built ships. However, China has for some decades actively explored the international market, and the trend in the mix of vessels being constructed indicates that the share of that market captured by Chinese shipbuilders is continuously increasingly. From 2000, South Korea had the world’s number one...
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...management are Planning, leading, organizing, and controlling (Timmreck, 2009). The paper identifies how internal stakeholders of Norfolk Naval Shipyard apply the four functions of management. It is apparent that these four functions of Management within both military and civilian organizations have simulularities and work together to accomplish their goals. The United States Navy is a military service that receives orders from higher servicemen of rank to complete various missions at sea. The word “goals” in the military is not used; instead they use the words “Objective or Mission.” Norfolk Navy Shipyards is a Navy ship repair facility in Portsmouth Virginia since 1767 (October 25, 2010), which applies the four functions of management in its own way. Norfolk Navy Shipyard repair facility repairs and overhauls Navy ships and uses the words, agenda, commitments, and plan of actions instead of the word “goals” when conducting both administrative and mechanical work. Government and Military Internal Stakeholders The Norfolk Naval Shipyard’s internal stakeholders are government employees including the military, superintendents, directors, and supervisors. These stakeholders have a productive, efficient, and positive influence on the head of the shipyard decision maker, the Shipyard Commander (Morris, 1997). A shipyard Superintendent’s decision can be influenced by any of these stakeholders in business or corporate-related agendas. For example, planning is conducted...
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...Shahriar Iqbal*, N. M. Golam Zakaria and Kh. Akhter Hossain Department of Naval Architecture and Marine Engineering, Bangladesh University of Engineering and Technology, Dhaka-100, Bangladesh *Corresponding email: iqbal.shahriar@gmail.com Abstract: Shipbuilding is considered to be a thrust sector in the economy of Bangladesh. But various problems are there to obstruct the development of this sector. This paper is aimed to identify the underlying problems and then analyze the nature of the problems to make it helpful overcoming the obstacles. A brief history and prospect of the shipbuilding industries in Bangladesh in the perspective of global scenario is also discussed. Key Words: Problem identification, shipbuilding industry, Shipyards. INTRODUCTION Bangladesh is a maritime nation with 1,66,000 sq. km area of sea, abundance with living and nonliving resources1. There are more than 200 rivers all around the country, with a total length of about 22,155 km, which occupy about 11% of total area of the country. Here rivers and water transports play a vital role for economical and commercial activities in Bangladesh. Major export and import of Bangladesh (about 85%) is also traveled by sea2. At present more than 5,000 inland/coastal ships have been plying all over the country, which carry more than 90% of total oil product, 70% of cargo and 35% of passengers. More than 1,00,000 skilled workers and 150,000 semi-skilled workers are employed in this laborintensive ...
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...sector. This paper is aimed to identify the underlying problems and then analyze the nature of the problems to make it helpful overcoming the obstacles. A brief history and prospect of the shipbuilding industries in Bangladesh in the perspective of global scenario is also discussed. Key Words: Problem identification, shipbuilding industry, Shipyards. INTRODUCTION Bangladesh is a maritime nation with 1,66,000 sq. km area of sea, abundance with living and nonliving resources1. There are more than 200 rivers all around the country, with a total length of about 22,155 km, which occupy about 11% of total area of the country. Here rivers and water transports play a vital role for economical and commercial activities in Bangladesh. Major export and import of Bangladesh (about 85%) is also traveled by sea2. At present more than 5,000 inland/coastal ships have been plying all over the country, which carry more than 90% of total oil product, 70% of cargo and 35% of passengers. More than 1,00,000 skilled workers and 150,000 semi-skilled workers are employed in this laborintensive industry3. All inland ships are constructed and repaired in local shipyards. Bangladesh harbours the second largest ship breaking industries in the world. They are the prime source of raw material including plate, frame,...
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