Vessel Scrapping and Ownership Changeover at Chittagong, Bangladesh

Ship scrapping and recycling operation at Sitakunda, Chittagong
Ship scrapping and ownership changeover support at Chittagong, Bangladesh

We act as the local agent for owners sending a vessel to recycling at the Sitakunda-Bhatiyari yards, and that job starts well before the ship is beached. Once a cash buyer has agreed terms with the owner, we take over the ground work: booking a slot with the yard, confirming the vessel's Inventory of Hazardous Materials is in order, and lining up the Bangladesh Ship Recycling Board paperwork the yard needs before beaching is allowed to go ahead.

Beaching, Towage, and Breaking Coordination

Getting a vessel from the anchorage off Chittagong onto the beach at high tide takes coordination with the towage operator, the yard's beach master, and the harbour authority, and we sit in the middle of that coordination on the owner's behalf. Once the vessel is beached, we stay on as the point of contact through the breaking process, following up on payment milestones with the cash buyer and confirming that customs clearance for the recovered scrap moves without holding up the yard's schedule.

Owners from China, Singapore, Turkey, and Greece have worked with us on recycling assignments of this kind, and the range of flags and vessel types we have handled means we know what a particular yard is comfortable taking on before we recommend it.

Change of Vessel Ownership in Chittagong, Bangladesh

An ownership changeover at a Bangladesh port carries its own paper trail, separate from a scrapping assignment, and we handle it as a standalone service for owners buying, selling, or restructuring the entity behind a vessel calling here. Our role is to keep the port authority, customs, and the harbour master's office aligned on who holds title to the ship at any given point in the process, so a sale does not stall a vessel already alongside or at anchorage.

Registry and Authority Coordination

We prepare and lodge the bill of sale, deletion certificate, and new registry paperwork with the relevant flag administration, and we notify the Mercantile Marine Department and port authority of the change so records on file locally match what is filed with the registry. Where a changeover happens mid-port-call, we flag it to the harbour master's office directly rather than leaving it to surface during the next clearance check.

Keeping the Vessel Working Through the Transition

A changeover that drags on can hold up bunkering, crew sign-on, or the next fixture, so we sequence the paperwork to run alongside whatever port operations are already underway rather than pausing them. Owners from China and Greece have used this service when restructuring vessel-owning entities, and that background has sharpened how we sequence the registry and port-authority steps against each other.