Western Marine Shipyard

Western Marine Shipyard Limited
Company typePublic Limited Company
IndustryShipbuilding
FoundedJuly 11, 2000 (2000-07-11)
Headquarters1440/A Strand Road, Chattogram-4100, Bangladesh.,
Chattogram
,
Bangladesh
Area served
Worldwide
Key people
Md. Saiful Islam (Chairman)
Capt. Sohail Hasan (Managing Director)
Products
  • Multipurpose Cargo Ships
  • Cargo Vessels
  • Tugboats
  • Tankers
  • Ferries
  • Port Utility Vessels
  • Passenger Ships
  • Fishing Trawlers
  • and many more
ServicesShipbuilding and repair.
RevenueIncrease$ 40 million (2018)
Decrease$ 27 million (2019)
Increase$ 11 million (2019)
Increase$ 10 million (2019)
Total assetsIncrease$ 264 million (2019)
Number of employees
3500
Websitewms.com.bd

Western Marine Shipyard Limited is a publicly listed shipbuilding company standing with over 42 acres of land beside the Karnaphuli River in Chattogram, Bangladesh.[1][2] The shipyard has constructed various types of vessels, including ocean-going multi-purpose cargo vessels, passenger vessels & boats, oil tankers, ro-ro ferries, pontoons, barges, fishing trawlers, dredgers, tug boats, container vessels, etc.[3] It owns an 89 percent share of Bangladesh's shipbuilding market.[4] The company is listed on Dhaka[5] and Chittagong Stock Exchange.[6]

  1. ^ "Display Company Information". www.dsebd.org. Retrieved 2018-07-24.
  2. ^ "Western Marine hands over $18m vessel built for Kenya". The Daily Star. 2017-08-14. Retrieved 2018-07-24.
  3. ^ Ahmed, Muzaffar (Summer 2018). "Credit Rating Report on Western Marine Shipyard Limited" (PDF). Security and Exchange Commission Bangladesh: 142–153.
  4. ^ Cite error: The named reference :5 was invoked but never defined (see the help page).
  5. ^ "Display Company Information | Dhaka Stock Exchange".
  6. ^ "CSE".