Cabinet okays draft of Ship Recycling Law-2015

The Cabinet on Monday approved in principle the draft of the ‘Bangladesh Ship Recycling Act-2015’, subject to the vetting of the Law Ministry. The approval came from the regular weekly meeting of the Cabinet held at Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair. Earlier, the Ministry of Industries placed the draft of the Bangladesh Ship Recycling Act in the Cabinet for its clearance. After vetting by the Law Ministry, the draft will be placed again before the Cabinet for its final approval. Besides the Bangladesh Ship Recycling bill, the Cabinet also cleared ‘Petroleum Bill, 2015’ in today’s meeting. The ‘Petroleum Bill, 2015’ has been prepared to regulate import, storage and transportation of petroleum more efficiently through making the existing law a time-befitting one. Cabinet Secretary Muhammad Mosharraf Hossain Bhuiyan briefed reporters after the meeting.

- mbz