Bangladesh Shipping Corporation to sell fire-damaged vessels

Bangladesh Shipping Corporation (BSC) has announced its decision to sell two vessels, MT Banglar Jyoti and MT Banglar Sourav, following fire incidents that rendered them unserviceable.

Officials said that the decision was finalised at a special meeting of the BSC Board of Directors, held on Tuesday.

According to the corporation, both vessels sustained significant damages during separate fire incidents on September 30 and October 5, 2024, respectively.

MT Banglar Jyoti and MT Banglar Sourav, part of the BSC fleet, had been key assets in the corporation's maritime operations.

But the extensive damages caused by the fires made their continued operation economically unviable.

A BSC spokesperson said that the decision to sell the vessels was made in alignment with the corporation’s long-term strategy to optimise its fleet and maintain financial sustainability.

Bangladesh Shipping Corporation, headquartered in Chattogram, plays a vital role in the country’s maritime industry, providing essential shipping services for both domestic and international trade.