Western Fishers Shipyard to Build Fishing Vessel for Agro Food

Western Fishers Shipyard Limited and Agro Food Services Limited signed agreement for building another fishing vessel on 24 December 2013.

The shipyard has already built three Deep Sea Mid-Water Fishing Vessels for Agro Food Services, a sister concern of Sea Resources Group. F.T. Agro Food-1, F.T. Agro Food-3 & F.T. Agro Food-4 were delivered to their owner on June 2013.

Consequently a new agreement has been signed between the two parties for building the fourth ship of the series F.T. Agro Food-2.

The deal was signed by the Chairman of Sea Resources Group Mr. A Rouf Chowdhury & the Managing Director of Western Fisher Shipyard Limited Mr. Sakhawat Hossain on December 24th 2013.

The Director of Western Fishers Shipyard Mr. Saiful Islam & the Director of Sea Resources Group Mrs. Zakia Rouf Chowdhury was also present during the contract signing ceremony.

The ship will be built at a cost of BDT 240 million & expected to be delivered by 18 months. She will be 41m long & her design has been uniquely developed & verified by an Icelandic designer considering the weather conditions & sea state of the Bay of Bengal.

Western Fishers Shipyard is already building nine more fishing vessels. All these vessels are worth of BDT3 billion and are expected to be delivered by mid of 2014.

[mappress]

WMS, December 30, 2013