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2008 November 19   07:10

Bangladesh Shipping Corporation pots 2.34b profit in fiscal year 2007-08

The state-owned national flag carrier, Bangladesh Shipping Corporation (BSC), earned Tk 233.57 crore during the fiscal year 2007-08. According to sources in the Ministry of Shipping, the national shipping service providing corporation during the fiscal 2006-07, earned Tk 153.09 crore by providing shipping services to its clients. Currently, the BSC owns a fleet of 13 ocean-going vessels. The fleet includes Banglar Gourab, Banglar Kakoli, Banglar Kollol, Banglar Momota, Banglar Maya, Banglar Robi, Banglar Moni, Banglar Urmee, Banglar Jouthi, Banglar Doot, Banglar Mukh, Banglar Shikha and Banglar Shourab.
The shipping corporation is conducting its activities with its 350 officials and employees.
Of the vessels, Banglar Gourab earned Tk 4 crore in the fiscal 2007-08 and Tk 3.8 crore during the previous year, Banglar Kokoli earned Tk 17 crore last year and Tk 12 crore in 2006-07, earnings by Banglar Kollol stood at Tk 2 crore last fiscal year and Tk 10 crore in 2006-07, earnings by Banglar Momota amounted to Tk 25 crore last year and Tk 8 crore during the previous fiscal, Banglar Maya earned Tk 18 crore in 2007-08 and Tk 20 crore during the previous fiscal year, Banglar Robi earned Tk 8 crore last year and Tk 1 crore in 2006-07, Banglar Moni earned Taka 8 crore last year and Tk 6 crore in 2006-07, Banglar Urmee earned Taka 11.1 crore in the fiscal year 2007-08 and Tk 7 crore previous year, Banglar Jouthi earned Taka 41 crore last year and Tk 30 crore during the previous year, Banglar Doot earned Taka 11 crore last year and Tk 12 crore in 2006-07, Banglar Mukh earned Taka 41 crore in 2007-08 and Tk 1.3 crore previous year and Banglar Shikha Taka 26 crore last year and Tk 2.3 crore previous fiscal.
Sources said, all of the ocean-going ships of Bangladesh Shipping Corporation are decades-old.
Most of them are in need of repairs from time to time. The vessel named Banglar Shourab is currently under repair.
Earnings of BSC spiked gradually during the period and this growth resulted from transparent and corruption-free ship-chartering activities, broker enlistment system and activities regarding leasing ships from other companies and leasing vessels out to other organizations.
It took almost seven years to ensure transparency in the national shipping lines, sources said.

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