KPS Shiptrade Services are experts in sale of ships for recycling at Chittagong in Bangladesh. In the past years, we sold numerous ships to Ship breaking yards at Chittagong and have strong relationship with first class various direct ship breakers and cash buyers who always ready to purchase and take delivery on “As is where is” or “Delivered” basis to ship breaking yards at Chittagong. We are in a position to purchase scrap ships through our international network with ship owners and ship brokers as we have reputed Cash Buyers and Ship Breakers in our group. It would be our pleasure to co-operate with you in any shipping matter as you or your clients may have with professionalism and neutrality.


  • Leading Recycler of Tankers
  • Beginning to focus on green ship recycling issues
  • Several yards now ISO Certified
  • Norwegian grant and IMO pushing for training and improvements
  • Increasing number of regulations
  • On and off market
  • Financial (USD) crisis, Loans to recyclers, International credits
  • Difficult market to deliver ships promptly
  • Embroiled in a legal battle between the Bangladesh's Environmental Lawyers (BELA) and local ship recyclers (BSBA)
  • Steel from ships critical for domestic growth and consumption
  • BEST MARKET FOR Large LDT tonnage

For further information, please contact us at

We are ISO Certified Shipping & Trading Company


The ship recycling yards near the port of Chittagong, Bangladesh's second-largest city, are the nation's main source of steel, employing more than 100,000 people. There are approximately 350 re-rolling mills located in greater Chittagong and Dhaka districts, which annually produces around 1.3 million tons of finished rods for the construction industry. This industry completely depends on the ship-recycling yards for raw materials. About 100,000 workers are involved in the ship recycling industry directly and indirectly. Currently these activities are conducted by some 20 yards in an area of approximately eight square kilometers in Chittagong.