The New Nation - Internet Edition

BUSINESS REPORTER

Ananda Shipyard and Slipways Ltd (ASSL) is at present executing orders for four 5500 dwt multipurpose cargo vessels under existing contracts with German companies.

Plate cutting of the four vessels was performed on June 4 at Ananda Shipyard at Meghnaghat, Sonargaon, Narayanganj.

Plate cutting was switched on by Dr Abdullahel Bari, Chairman, Ananda Sipyard and Slipways Ltd and witnessed by CF Zaman, Managing Director and MM Karim, Surveyor, Germanischer Lloyd Bangladesh Ltd and Kazi Ma in Uddin Khadem, Asst. Vice President, Islami Bank Bangladesh Ltd and other high officials of the company.

Total contract value of the four ships is Euro 29.84 million. Deliveries of ships will be made between March 2010 and March 2011.