Western Marine Shipyard

Western Marine Shipyard Limited

Company type	Public Limited Company
Traded as	DSE:  WMSHIPYARD CSE: WMSHIPYARD
Industry	Shipbuilding
Founded	July 11, 2000 (2000-07-11)
Headquarters	1440/A Strand Road, Chattogram-4100, Bangladesh., Chattogram , Bangladesh
Area served	Worldwide
Key people	Md. Saiful Islam (Chairman) Capt. Sohail Hasan (Managing Director)
Products	Multipurpose Cargo Ships Cargo Vessels Tugboats Tankers Ferries Port Utility Vessels Passenger Ships Fishing Trawlers and many more
Services	Shipbuilding and repair.
Revenue	$ 40 million (2018) $ 27 million (2019)
Operating income	$ 11 million (2019)
Net income	$ 10 million (2019)
Total assets	$ 264 million (2019)
Number of employees	3500
Website	wms.com.bd

Western Marine Shipyard Limited is a publicly listed shipbuilding company standing with over 42 acres of land beside the Karnaphuli River in Chattogram, Bangladesh. ^{[1] [2]} The shipyard has constructed various types of vessels, including ocean-going multi-purpose cargo vessels, passenger vessels & boats, oil tankers, ro-ro ferries, pontoons, barges, fishing trawlers, dredgers, tug boats, container vessels, etc. ^[3] It owns an 89 percent share of Bangladesh's shipbuilding market. ^[4] The company is listed on Dhaka ^[5] and Chittagong Stock Exchange. ^[6]

History

The parent company, Western Marine Services, was formed by a group of marine professionals specialized in ship repairs and the export of marine supplies. ^[7]

Gradually the company grew. In the year 2000 they had over 1.5 acres of land for building inland vessels, ^{[ citation needed ]} and more than five hundred employees. ^[7] The yard also has signed a MoU with the Chittagong Dry Dock in order to aid the CDD with developing heavy steel engineering capabilities and provide them necessary technical support. ^[8]

Western Marine is constructing 20 class certified cargo vessels for local company Evergreen Shipping Line. ^[9]

In 2019, Captain Sohail Hasan took over as Managing Director (MD) of the company. ^{[10] [11]}

Shipyard facilities

The shipyard utilizes workshops, logistical resources, and equipment to build ships. The yard stands over 42 acres of land and employs a workforce of over 3500 altogether. ^[12]

The following are some of the shipyard's facilities: ^[12]

• Bonded warehouse
• Blasting shop
• Computer Numerical Control(CNC) shop
• Mechanical and Carpentry shop
• Fabrication yard and shed
• Gantry crane
• Healthcare facilities

Health and safety

In conjunction with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Western Marine set itself to analyze the risks and hazards their workers faced. ^[13] Through this, strict reporting procedures were established, and training was provided for managers and workers; including annual firefighting training. ^[3] Western Marine has seen a 99% reduction in accidents for the addition of new services and procedures. ^[14]

The shipyard contains a PHCC (Primary Health Care Center), which was created in coordination with the GIZ and the Bangladesh Ministry of Health and Family Welfare. In this free-of-charge facility, shipyard workers are given tests for their hearing, lungs, and total physical checkups. This facility was available for use, and workers received aid and treatment. The government Health Ministry provided a nurse in addition to the doctor and paramedics that are provided by the shipyard. This facility is also accessible to the local community, where more than 30,000 people, including many of the workers and their families, live. ^[14]

Awards and certifications

Western Marine Shipyard has received a few awards, including the National Maritime Award in 2007, ^[15] the National Export Trophy in Gold category for the contribution of the fiscal year of 2011, ^[16] the President's Award for Industrial Development in the Hi-Tech industries category at 2016 ^[17] and the 8th HSBC Export Excellence Awards at 2018. ^[18]

Projects

Western Marine Shipyard exported 31 ships to various countries of the world (Finland, Germany, Pakistan, Denmark, Tanzania, Uganda, Ecuador, New Zealand, Gambia, Kenya, India, UAE, etc.) ^[16] and brought around US$151 Million of remittance. ^[4] The yard has built more than 60 ships which includes ocean going multi purpose cargo vessels, passenger vessels & boats, oil tankers, ro-ro ferries, pontoons, barges, fishing trawlers, dredgers, tug boats, container vessels, and more, with further plans to export more than $250 million worth of ships. ^[19] Western Marine operates in conjunction with classification societies through the entire building and testing process of new vessels. The yard has worked with Bureau Veritas, DNV-GL, Nippon Kaiji Kyokai (ClassNK), ^[3] and Lloyd's Register ^[20] to insure class built ships for their buyers.

A few of Western Marine's completed vessels.

Bay Cleaner - 2 Built for Chittagong Port Authority, Bangladesh: [21] Type: Oily Waste Collection Vessel Length OA: 25.00m Breadth moulded: 6.80m Depth: 4.10m Capacity: Waste oil storage- 150 cbm Fresh water- 30cbm+ Fuel oil- 40 cbm+ Lube oil- 3cbm+ 12 knots Speed Class: Germanischer Lloyd Class Notation: 100A5 RSA (50), + MC Design: Foreship Ltd., Helsinki, Finland Propulsion engine: 2 X 500 HP (Volvo Penta, Sweden)

FT Agro Food Fleet of 3 Built for Sea Resources Ltd.: [22] Type: Fishing trawler Year built: Aug 2013 Length X Breadth X Depth: 42.00m X 11.00m X 4.70m Fish holding capacity: 300 tons Pulling Capacity: 26 tons 10 knots speed Design: Western Marine Shipyard Ltd., Bangladesh Engine Power: 1850 BHP Generator: 800 KW

Grona Shipping Ice Class Fleet of 8 Built for Grona Shipping GmbH, Germany: [23] Type: Multipurpose cargo Year built: March 2011 Dimension: 99.99m X 13.50m X 9.10m Ice Class: E3 Cargo capacity: 5200 DWT Light Weight Tonnage: 1500MT Speed: 12 knots Class: Germanischer Lloyd Design: Peters Finance BV, Netherlands Propulsion engine: MAK 6M25C

MV Mataliki Built for Ministry of Foreign Affairs & Trade, New Zealand: [24] Type: SOLAS Passenger ship Length OA: 44.32m (appx) Length BP: 38.56m (appx) Breadth MLD: 9.90m (appx) Design draft: 2.60m Depth to weather deck: 4.10m Depth to deck & atside deck: 6.60m Water ballast: 90m3 Grey water: 3m3 (min) Fresh water: 40m3 10 feet container: 5 NTS Break bulk cargo area: 40m2 Service speed on design draft: 11.50 knots (85% MCR) Engine power: 2 X 480 kW Shaft generator: 2 X 150 kW Aux Engine: 1 X 110 kW Emergency genset: 1 X 80 kW Cargo crane: 3.6 tons @ 12m outreach Passengers (international service): 60 Crew: 10 + Senior Officers: 2 Class: Lloyd's Register

ISEFJORD Built for Hundested-Rorvig Faergefart A/S, Denmark: [25] Type: Ro-ro ferry Class: Bureau Veritas Designer: Jorgen Petersen Ltd & Norman Marine, Denmark Length OA: 51.00m Length BP: 50.49m Breadth moulded: 11.60m Depth moulded: 3.40m Gross tonnage: 475 Draught: 2.25m Deadweight: 165 tons Lightweight: 469.65 tons Service Speed: 11 knots @ 85% mcr Max speed: 14 knots Output: 375 kW each 1800rpm Crew: 2 Passenger: 147 Cabins: 1 X Enclosed Passenger Lounge, 1 X Open Passenger Area, 2 X cabins for crew Number of vehicle decks: One Total lane length: 48m Number: 24 cars & 2 trucks Unmanned Engine room Operable with one crew

Isla Bartolomé Built for Transnave, an Ecuadorian Navy Company: [26] Type: Multipurpose cargo Year built: 2012 LOA X B(mid) X D :88.04MX 15.00M X 7.50m Draught: 6.00m Ice Class: E3 Cargo Capacity: 3,831 DWT Cargo Hold: 5187CBM Cargo Crane: 2 x 60 Tons Engine: Wartsilla 9I26a2 (2999 kW @1000 RPM) Speed: 13.5 knots Designer: Hunte Engineering, Germany Class: Germanischer Lloyd The ship was inaugurated by President Rafael Correa while it was added to the Ecuadorian Navy Fleet on 9 September 2015. [27]

OPV Doria Built for JGH Marine A/S, Denmark; operated by Ministry of Agriculture, Livestock & Fisheries, Kenya: [28] Type: Offshore patrol vessel (OPV) Length OA: 54.7 Length BP: 50.90m Depth: 4.50m Displacement: 350 tons Draft molded: 2.20m Lightweight: 500 tons Service speed: 22 knots Max speed: 35 knots Range: 1500 nautical miles Daily fuel consumption: 3.6 tons/day (Incl. electrical load) Class: Bureau Veritas Two engines: one for Controllable Pitch propeller & one for Waterjet propulsion Output: 2X4000kW for CPP & 2720 kW for Waterjet Helipad with bridge control Hybrid propulsion unit (CPP+Waterjet) Gearbox: ZF, Germany Propulsion Maker: Servogear AS, Norway Waterjet: MJP, Sweden This vessel also received the 'Best Large Patrol Boat Builder' award in 2017 by Baird Maritime, a highly reputed maritime publication platform that records deliveries of high-end patrol boats throughout the globe. [4]

Jindal Steel Works (JSW) Fleet of 4 Built for Jindal Steel Works (JSW), India: [29] Type: Bulk carrier Length OA: 122.25 m Length BP: 117.10 m Breadth MLD: 20.00 m Depth MLD: 07.20m Deadweight: 8,000 DWT Gross Tonnage: 6000 T Trial speed (loaded): 10 knots Fuel consumption: approx.196 gm/kwhr Engine Power:1330 kW @ 900 RPM, Yanmar, Japan Class: Indian Register of Shipping (IRS)

Western Cruise Built for Chittagong Boat Club, Bangladesh: [30] Type: Passenger ship Length X Breadth X Depth: 30.00m X 7.80m X 7.00m Draught: 1.65m Capacity: 215 passengers Engine: 2X400HP @ 1800 RPM Speed: 12 knots Class: Germanischer Lloyd Build Year: 2012

Nurjahan Group Fleet of 4 Built for Nurjahan group, Bangladesh: [31] Type: Oil Tanker Year: Aug 2012 Length X Breadth X Depth: 63.80m X 10.10m X 5.70m Capacity: 1350DWT Speed: 10 knots Class: Germanischer Lloyd Design: Western Marine Shipyard Ltd., Bangladesh Engine Power: 2 X 7250 BHP

MV DAR ES SALAAM Built for JGH Marine; operated by the Tanzanian Transport Ministry: [32] Type: Catamaran passenger ship Length 37.50m Breadth: 11.50m Depth: 3.80m Draught: 1.70m Passenger capacity: 302 Speed: 22 knots Engine Power: 2X1140KW @ 1840 RPM

Financial Issues

In 2017, the Finance Minister of Bangladesh, Abul Maal Abdul Muhith, identified WMS as one of the top twenty loan defaulters in the country. However, the shipyard has rescheduled its defaulted loans with two banks and has started to repay instalments regularly. ^[33]

In 2021, Bank Asia initiated legal proceedings against Western Marine Shipyard Limited in an effort to recoup a classified loan totalling Tk505.90 crore. ^{[34] [35]}

See also

• Shipbuilding in Bangladesh

References

1. "Display Company Information". www.dsebd.org. Retrieved 2018-07-24.
2. "Western Marine hands over $18m vessel built for Kenya". The Daily Star. 2017-08-14. Retrieved 2018-07-24.
3. Ahmed, Muzaffar (Summer 2018). "Credit Rating Report on Western Marine Shipyard Limited" (PDF). Security and Exchange Commission Bangladesh: 142–153.
4. "Western Marine wins int'l award". The Financial Express. Dhaka. Retrieved 2018-06-28.
5. "Display Company Information | Dhaka Stock Exchange".
6. "CSE".
7. www.trusteddocks.com. "Shipyard - WESTERN MARINE SHIPYARD LIMITED, Chittagong". www.trusteddocks.com. Retrieved 2018-07-24.
8. "Western Marine, Ctg. Drydock Reach Deal". Daily Sun. 2018-01-10. Retrieved 2018-07-25.
9. "S Alam Group to buy 20 ships at Tk 250cr". The Daily Star. 2017-04-24. Retrieved 2018-07-26.
10. "Sohail Hasan WMS new MD - Business - observerbd.com". The Daily Observer. Retrieved 2019-06-19.
11. "Captain Sohail made MD of WMShL". Daily Sun. Retrieved 2019-06-19.
12. Zahan, Tasnima (Fall 2016). Exposition of Aspiration: Shipbuilding Journey Through Design (Bachelor of Architecture). BRAC University. pp. 58–66. hdl:10361/7905.
13. Evans, Ruth (2014-01-02). "Bangladesh shipbuilder sets benchmark in health and safety standards". the Guardian. Retrieved 2018-06-26.
14. "Western Marine shows path to worker safety". The Daily Star. 2014-05-28. Retrieved 2018-06-28.
15. "Western Marine Shipyard gets nat'l maritime award". The Daily Star. 2007-11-10. Retrieved 2018-06-28.
16. Khan, Ahammad Parvej (2018-01-26). "Ship Export To Fetch Billions". The Bangladesh Post. Retrieved 2018-06-28.
17. "12 firms get President's Award". The Daily Star. 2016-03-31. Retrieved 2018-06-28.
18. "HSBC felicitates top exporters". The Daily Star. 2018-09-23. Retrieved 2019-07-06.
19. "Western Marine to export $250m worth of vessels in 5yrs". The Daily Star. 2018-01-21. Retrieved 2018-07-08.
20. "Western Marine to Build SOLAS Passanger [sic] Ship (Bangladesh)". World Maritime News. Archived from the original on December 28, 2013. Retrieved 2018-07-25.
21. "Local-made ship to prevent oil spillage in sea". The Daily Star. 2010-02-11. Retrieved 2018-07-08.
22. "World Fishing & Aquaculture | Bangladesh's largest trawler completes sea trial". www.worldfishing.net. Retrieved 2018-07-08.
23. "Bangladesh: Western Marine Shipyard Set to Deliver Two Ships to Grona Shipping". World Maritime News. Retrieved 2018-07-08.^{[ dead link ]}
24. "State Minister for Foreign Affairs Shahriar Alam poses with the Ionatana Galway O'Brien, Transport Minister of a New Zealand Territory, Tokelau and his team for pre-launching ceremony of MV Mataliki, an int'l SOLAS passenger ship made by Western Marine Shipyard in Chittagong on Thursday". The New Nation. Retrieved 2018-07-08.
25. "Bangladesh Shipyard Delivers Ferry 'Isefjord'". Maritime Logistics Professional. 2013-02-19. Retrieved 2018-07-08.
26. "BD exports WMS-built ship to Ecuador". The Daily Observer. Retrieved 2018-07-08.
27. "Western Marine exports ship to Ecuador". The Daily Star. 2015-09-23. Retrieved 2018-07-08.
28. Martin, Guy (17 August 2017). "Kenyan offshore patrol vessel handed over | defenceWeb". www.defenceweb.co.za. Retrieved 2018-07-08.
29. "Western Marine builds two ships for Indian firm". The Daily Star. 2017-10-25. Retrieved 2018-07-08.
30. "Western Marine hands passenger ship to Ctg Boat Club". The Daily Star. 2012-01-30. Retrieved 2018-07-08.
31. "Bangladesh: Western Marine Starts Construction of Tankers for Nurjahan Group". World Maritime News. Archived from the original on July 8, 2018. Retrieved 2018-07-08.
32. "Tanzania Transport Ministry to receive new passenger vessel - Ship Technology". Ship Technology. 2014-11-04. Retrieved 2018-07-25.
33. "Western Marine to spend Tk 500cr on expansion". The Daily Star. 2017-11-13. Retrieved 2018-07-04.
34. "Journey of a shipbuilder: From exporter to loss-making venture". The Business Standard. 2021-08-23. Retrieved 2023-07-31.
35. "Western Marine Shipyard goods seized". The Business Standard. 2022-06-12. Retrieved 2023-07-31.

External links

• Official website