Joint venture to build cutter suction dredgers in Bangladesh

Local news sources in Bangladesh report that dredgers are to be built in the Asian by a local shipbuilding company following a joint venture agreement with a Dutch firm. The joint venture, Vosta LMG-Karnafuly Joint Venture Consortium, a Netherlands-Germany-Bangladesh Joint Venture, will undertake the work, after a contract was signed between the Bangladesh Inland Water Transport Authority (BIWTA) and the newly-formed consortium.