German cos eying more ships from Bangladesh

A German business delegation, which left Dhaka Friday, has shown keen interests in buying more ships from Bangladesh. Peter Clasen, head of the 21-strong group that visited the country from Oct 25-30, said Bangladesh offered skilled but cheaper ship building compared with China, India and Vietnam. Local ship builders have said Bangladesh could fetch up to $1 billion in ship orders if the country could increase the number of ship building yards to six from the present two.