Gentium and Damen Shipyards Group have signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh.
The MoU aims to establish and develop a shipbuilding and ship repair industry in Bangladesh that will support Bangladesh industry with a long-term view of serving export markets.
The first goal is to establish a shipbuilding and repair facility built to globally recognised environmental and building standards.
As part of their role in the MoU, Gentium-Damen will facilitate a transfer of technology and knowledge to help Bangladeshi industry develop the skills required to serve the international maritime industry. As a result of this, the MoU will create significant training and employment opportunities within Bangladesh.
Roland Briene, area director Asia Pacific, Damen Shipyards Group, said: ‘We are very pleased to be participating in this MoU. Damen has a long track record of skills and knowledge transfer of which we are immensely proud.
‘We are very much looking forward to applying our experience, along with our partners Gentium and the Ministry of Industry, here in Bangladesh.’
Forming part of the Reconciliation Bill, the funding will support multiple efforts involving autonomous capabilities, interceptors, missiles, rockets and torpedoes.
The delivery acceptance of the future USS Pierre marks the conclusion of the construction phase for the Independence-variant.
The new Barracuda version has been engineered to perform enhanced subsea and seabed warfare missions.
The nearly $25 billion investment will cover USCG procurement of cutters, aircraft, helicopters, training simulators and Polar capabilities over the next four years.
After commissioning, FRC Frederick Mann will operate in Alaska and perform multiple missions.
The US Coast Guard (USCG) created new units, including five Programme Executive Offices (PEOs), to facilitate and speed up the procurement of new capabilities.
Connect with us on socials
