Shipping Corporation earns Tk 2.34b profit
Monday, 17 November 2008
FE Report
The state-owned national flag carrier, Bangladesh Shipping Corporation (BSC), earned Tk 2.34 billion (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 1.53 billion (Taka 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 40 million in the fiscal 2007-08 and Tk 3.8 million during the previous year, Banglar Kokoli earned Tk 170 million last year and Tk 120 million in 2006-07, earnings by Banglar Kollol stood at Tk 20 million last fiscal year and Tk 100 million in 2006-07, earnings by Banglar Momota amounted to Tk 250 million last year and Tk 80 million during the previous fiscal, Banglar Maya earned Tk 180 million in 2007-08 and Tk 200 million during the previous fiscal year, Banglar Robi earned Tk 80 million last year and Tk 10 million in 2006-07, Banglar Moni earned Taka 80 million last year and Tk 60 million in 2006-07, Banglar Urmee earned Taka 111 million in the fiscal year 2007-08 and Tk 70 million previous year, Banglar Jouthi earned Taka 410 million last year and Tk 300 million during the previous year, Banglar Doot earned Taka 110 million last year and Tk 120 million in 2006-07, Banglar Mukh earned Taka 410 million in 2007-08 and Tk 13 million previous year and Banglar Shikha Taka 260 million last year and Tk 23 million 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.
The state-owned national flag carrier, Bangladesh Shipping Corporation (BSC), earned Tk 2.34 billion (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 1.53 billion (Taka 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 40 million in the fiscal 2007-08 and Tk 3.8 million during the previous year, Banglar Kokoli earned Tk 170 million last year and Tk 120 million in 2006-07, earnings by Banglar Kollol stood at Tk 20 million last fiscal year and Tk 100 million in 2006-07, earnings by Banglar Momota amounted to Tk 250 million last year and Tk 80 million during the previous fiscal, Banglar Maya earned Tk 180 million in 2007-08 and Tk 200 million during the previous fiscal year, Banglar Robi earned Tk 80 million last year and Tk 10 million in 2006-07, Banglar Moni earned Taka 80 million last year and Tk 60 million in 2006-07, Banglar Urmee earned Taka 111 million in the fiscal year 2007-08 and Tk 70 million previous year, Banglar Jouthi earned Taka 410 million last year and Tk 300 million during the previous year, Banglar Doot earned Taka 110 million last year and Tk 120 million in 2006-07, Banglar Mukh earned Taka 410 million in 2007-08 and Tk 13 million previous year and Banglar Shikha Taka 260 million last year and Tk 23 million 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.