Western Marine Shipyard Limited
DDSE:WMSHIPYARD7.90
BDT
+0.20
(+2.60%)
ISIN
BD0236WMSHL8
Return %
Stock
S&P 500
1Y
1.28
14.20
3Y
-28.18
81.12
5Y
-37.30
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Sohail Hasan
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Chittagong Bangladesh
- IPO Date
- Jun 12, 2014
- Website
- wms.com.bd
- Similar Companies
- Business
- Western Marine Shipyard Limited is a Bangladesh-based maritime engineering and shipbuilding company engaged in the design, construction, repair, and maintenance of ocean-going vessels, inland watercraft, and specialized marine structures. Founded in 2000 and headquartered in Chattogram, Bangladesh, the company operates an integrated waterfront shipyard facility encompassing over 42 acres along the Karnaphuli River in Kolagaon, Patiya. Western Marine Shipyard operates across primary segments including Shipbuilding, Ship Repair, and Heavy Marine Engineering. Its comprehensive vessel manufacturing portfolio comprises multi-purpose cargo vessels, container carriers, and bulk ships; oil, chemical, and product tankers; roll-on/roll-off (Ro-Ro) passenger ferries, catamarans, and cruise vessels; offshore support and defense craft, including offshore patrol vessels (OPVs), landing craft, tugboats, and anchor-handling tug supply (AHTS) vessels; specialized utility craft such as cutter suction dredgers, pilot boats, and survey vessels; and heavy-duty deep-sea fishing trawlers, flat-top deck barges, and pontoons. The company also provides ship repair and engineering services, including dry-docking, structural steel renewal, and hull repair; main engine overhaul, propulsion system maintenance, and mechanical servicing; marine electrical, electronic, and automation installation; piping fabrication and fitting; hydro-blasting, surface preparation, and specialized marine painting; and marine equipment logistics and technical export services. Western Marine Shipyard serves international and domestic clients across commercial shipping lines, coastal transport operators, port and harbor authorities, government defense agencies, and private fisheries, with export operations spanning over 15 countries including the United Arab Emirates, Germany, Norway, Denmark, the Netherlands, Ecuador, New Zealand, Kenya, India, and Pakistan. In recent operational developments, the company has driven a strategic turnaround and resumed international vessel export deliveries, highlighted by the progressive completion and handoff of vessels under a major multi-vessel construction contract with UAE-based Marwan Shipping Ltd. for landing craft, tugboats, and tankers. Concurrently, the shipyard continues to execute operational and financial restructuring measures aimed at optimizing shipyard utilization, managing debt obligations, and capitalizing on renewed global demand for specialized coastal and ocean-going tonnage.