Timblo Drydocks to Provide Dredging Equipment for Mongla Port

Timblo Drydocks based in Goa, India, has signed agreement with Mongla Port Authority for building a complete set of dredging equipment for use of Mongla Port Authority. Western Marine Shipyard will provide full technical support to Timblo in this newbuilding project.

This project is worth of USD 8.5 million. The contract was signed at the Head Quarters of Mongla Port Authority in Mongla in presence of the Port Chairman Commodore M. H Bhuiyan, BN; Executive Director of Timblo Drydocks Mr. Sarvesh Pramod Timblo & Operation Director of Western Marine Shipyard Ltd. Capt. ABM Fazle Rabbi.

In this project one 18 inch cutter suction dredger, one 12 ton BP tugboat, one crane boat, one crew house boat, one officer’s house boat with other accessories will have to be delivered to Mongla Port Authority within a period of 18 months.

This project is a part of the soft loan finance scheme of USD 1 billion, that the Indian Government has sanctioned to Bangladesh recently through EXIM Bank of India. This credit facility has been sanctioned at 59 percent rate of interest for bilateral trade enhancement of both the countries. This is how Timblo Drydocks an Indian origin shipyard got involved with the project to improve trade between Bangladesh & India.

Timblo Drydocks Pvt. Ltd. owned by the Panduranga Timblo Group. Besides shipbuilding & other engineering services they are also engaged in mining, agriculture, shipping and other activities. Timblo Drydocks has been building various types of vessel like OSVs, MPVs, dredgers, passenger ferries, dry bulk cargo carries etc.

The shipyard has chosen Western Marine as a representative in Bangladesh for Western Marine’s rich track record in similar business in the market of Bangladesh. Through this venture both the shipyard will exchange technology & business profile enhancing Bangladesh-India bilateral trade. It is hoped that joint venture of Western Marine with an Indian shipyard will take the shipbuilding industry of Bangladesh one step ahead.

Press Release, July 27, 2013

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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