Shiprecycling activities in Bangladesh are concentrated in Sitakund (Bhatiary to Barwalia), just 8–10 kilometres north of Chittagong city on the Bay of Bengal. Bangladesh, with no local metal ore mining industry of its own, is dependent on ship-recycling for its domestic steel requirements.
Advantages:
Variety of buyers for all sizes of Vessels
Many buyers are now applying Green recycling methods.
Is a good option for ships located in the far-east.