The New Nation - Internet Edition

BUSINESS REPORTER

Ananda Shipyard and Slipways Ltd has signed contracts to build two multipurpose cargo vessels for two German companies at a cost of Tk 133 crore.

According to the contract, the Bangladeshi shipbuilding company will deliver the vessels to Wessels Reederei GmbH and Komrowski Maritim by July 2010.

Afroja Bari, Managing Director, Ananda Shipyard and Slipways Ltd and the representative from buyer Walton Valadares Esilva jointly laid keels of the vessels at Meghnaghat, Sonargaon, Narayanganj on November 2.

The company has contracts worth 44.778 million euro and 316.64 million US dollars in hand for constructing 34 vessels.

To date, Ananda Shipyard has exported two vessels to the Maldives and one multipurpose cargo ship to Denmark. It has already received $39.13 million as advance payment.

The yard has already exported a 2900 DWT Multipurpose Cargo Vessel to Denmark. The company will export six vessels to Mozambique in this month.

Ananda Shipyard started its journey in 1983. Since 1999 the yard has successfully built and delivered different types of vessels.