Damen signs Bangladesh MoU
(Posted on 21/01/20)
On 14th January, Gentium and Damen Shipyards Group signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh in Dhaka. Also present at the signing ceremony were representatives of the Netherlands Embassy in Bangladesh, who are supporting Gentium-Damen in their undertaking.
The goal of the MoU is to establish and develop a shipbuilding and ship repair industry in the Bangladesh. The aim is to build ships in Bangladesh, for Bangladesh, with a long-term view of serving export markets. The partners in the MoU will undertake a number of tasks in this direction.
First amongst these will be the establishment of a shipbuilding and repair facility built to globally recognised environmental and building standards. The standard of the facility will be sufficient for the construction and delivery of seagoing vessels able to compete in the global marketplace.
As part of their role in the MoU, Gentium-Damen will facilitate a transfer of technology and knowledge to help Bangladeshi personnel develop the skills required to serve the international maritime industry. As a result of this, the MoU will create significant training and employment opportunities within Bangladesh.
Area Director Asia Pacific of Damen Shipyards Group Roland Briene, who signed the MoU on behalf of Damen, said, “We are very pleased to be participating in this MoU. Damen has a long track record of skills and knowledge transfer of which we are immensely proud. It is our philosophy and practice to help develop the shipbuilding and maritime industries in the countries in which we operate. This includes investing in the establishment of high quality facilities and equipment and the training of local personnel. Time and again we have witnessed this leading to the establishment of sustainable shipbuilding initiatives able to serve the global marketplace. We are very much looking forward to applying our experience, along with our partners Gentium and the Ministry of Industry, here in Bangladesh.”
Damen Shipyards Group operates 36 shipbuilding and repair yards, employing 12,000 people worldwide. Damen has delivered more than 6,500 vessels in more than 100 countries and delivers around 175 vessels annually to customers worldwide.
Latest News
New security guidance from ICS
(Posted on 11/04/21)As recent news reports highlight, the shipping industry continues to face threats such as piracy, kidnapping... Read more
Algoma takes delivery of latest Equinox Class bulker
(Posted on 06/04/21)Algoma Central Corporation, a leading supplier of marine transportation services, has announced that... Read more
Wavespec announces management buyout
(Posted on 06/04/21)Wavespec, as the last technical entity within Braemar Shipping Services Plc, has announced that it is... Read more
Vaccination lottery for dry bulk sector
(Posted on 31/03/21)INTERCARGO believes that, once again seafarers are falling victim to the lack of focus and joined up... Read more
Suez demonstrates importance of shipping
(Posted on 28/03/21)As efforts to refloat the Ever Given continue, the International Chamber of Shipping (ICS) has released... Read more
GTMaritime moves to employee ownership
(Posted on 28/03/21)GTMaritime has announced that it has transitioned its business to an Employee Owned Trust (EOT), in... Read more
Joint research on autonomous ships risk
(Posted on 28/03/21)Leading classification society ClassNK has begun joint investigative research with Sompo Japan Insurance... Read more
Western Bulk looks to “promising” 2021
(Posted on 22/03/21)Oslo-based global dry bulk operator, Western Bulk has published its 2020 Annual Report with a full year... Read more
Reducing seafarer anxiety and sadness
(Posted on 22/03/21)International maritime charity Sailors’ Society’s Wellness at Sea training and support reduces... Read more
Great Eastern adds to bulk fleet
(Posted on 17/03/21)The Great Eastern Shipping Company Limited (G E Shipping) has signed a contract to buy a second-hand... Read more
