LR wins first ever newbuild project in Bangladesh

21 January 2014

LR Marine in South Asia recently signed the contract for the first ever new construction project to be built to LR class in Bangladesh. The contract is for a passenger vessel to be built at the Chittagong-based Western Marine Shipyard for the New Zealand Ministry of Foreign Affairs and Trade.

LR carried out a shipyard assessment to determine the yard’s capability to build passenger ships – as required by new construction procedures – and all the correct formalities were satisfactorily dealt with before the contract was signed. The vessel’s flag state will be the Cook Islands.

With this project, LR is making its mark in Bangladesh’s new construction business. The country joins a league including Sri Lanka and India where LR has recently set up new construction business.

It is due to the excellent teamwork between LR’s South Asia and Australasia teams. Small ship classification is seen as a significantly growing sector in South Asia.

Apart from this milestone event, LR’s recent win of 14 OSVs at L&T Shipbuilding for Halul Offshore Services Wll Qatar and an OPV at Goa Shipyard for the Sri Lankan Navy demonstrates LR’s commitment to fostering co-operation and mutual support between shipowners, navies, designers and South Asian shipyards.

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