Coastal Location:	Bay of Bengal
		Latitude:	22 26 N
		Longitude:	91 44' E
		Number of Plots:	32
		Beaching Tide Dates:	Download PDF

The ship recycling yards near the port of Chittagong, Bangladesh's second-largest city, are the nation's main source of steel, employing more than 120,000 people. There are approximately 350 re-rolling mills located in greater Chittagong and Dhaka districts, which annually produces around 1.3 million tons of finished rods for the construction industry. This industry completely depends on the ship-recycling yards for raw materials. About 100,000 workers are involved in the ship recycling industry directly and indirectly. Currently these activities are conducted by some 20 yards in an area of approximately eight square kilometers in Chittagong.

BENEFITS

• Leading Recycler of Tankers
• Gas Free for Men Entry Requirement Only
• A very competitive market for VLCCs and ULCCS
• More than 20 very active and large yards. Which means, strong demand for demo vessels
• Excellent option for Ships Opening Up on the East Coast of India and further East

DISADVANTAGES

• Short Beaching Tide windows with wide gaps between tides
• Watchmen Recommended at anchorage to avoid piracy
• D/A cost slightly higher than India
• Low Prices for Dry Tonnage

BEST MARKET FOR...

• Tankers 12,000 LWT and Above