Problems and Prospects of Ship Breaking Industries of Bangladesh

2958 Words Nov 2nd, 2012 12 Pages
Problems and Prospects of Ship Breaking Industries of Bangladesh

Submitted to:
Mohammad Badruzzaman Bhuiyan
Adjunct Faculty
Department of Business Administration
East West University

Submitted by:
Md. Mahedi Hasan
ID# 2008-3-10-035
Section-1

Date of Submission: July 15, 2012

EAST WEST UNIVERSITY

Table of Contents

Abstract ……………………………………………………………………………..1
Key words ……………………………………………………………………………..2
Executive Summary ……….…………………………………………………………….3
1.0 Introduction …………………………………………………………………..4-6
1.1 Objective of the Report ……………………………………………………..5
1.2 Scope and Methodology …...………………………………………………...5
1.2.1 Primary Source ……………………………………………………..5
1.2.2 Secondary Source ……………………………………………..5
1.3 Limitations
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Although the industry is beneficial from a life-cycle assessment point of view, over the years it has gravitated toward countries with low labor costs, weak regulations on occupational safety, and limited environmental enforcement. The “global shift” in the industry to countries with comparatively weaker regulatory systems is of particular concern as ships contain many hazards that can have significant detrimental effects on humans and the environment if not dealt with properly.
Currently, the global center of the ship breaking and recycling industry is located in South Asia, specifically Bangladesh, India, and Pakistan. These three countries account for 70–80 percent of the international market for ship breaking of ocean-going vessels, with China and Turkey accounting for most of the rest. Only about 5 percent of the global volume of such vessels is scrapped outside these five countries.
This study focuses on the SBRI in Bangladesh and Pakistan to get a better understanding of the economics of the industry and the environmental impacts arising out of such activity and to explore possible ways in which such environmental effects may be mitigated.

1.0 Introduction
Bangladesh has a long coastal belt of about 710 km which is enriched with natural resources specially fish and other aquatic species of different varieties and has been the focal point of different economic activities. Most of these seashore areas are situated in Chittagong. Sitakund
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