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INTERNSHIP REPORT ON
OVERALL ACTIVITIES OF
A Multi-Modal Transportation & Logistics
(Shipping and C&F Agents, Transportation and Equipments
Supplier).
AWORK STUDY IN
I.B.S ASSOCIATESAziz Chamber(3rd Floor),
6 Jubilee Road,Chittagong.e-mail: [email protected], [email protected]
www.ibsabd.com
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SUBMITTED TO:
PROFESSOR
HONOURABLE VICE CHANCELLOR University Name, Place.
SUBMITTED BY:
Name---------------------------Program: -----------------------Id: -------------------------
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Chapter- 1
PREFACE
The world today is fast changing as new businesses are emerging replacing
the old. In the new millennium, there is growing unease amongst the people
about their future. Many countries are experiencing chronic unemployment, a
persistent deficit balance of payment and deteriorating purchasing power.
Like other businesses, we must enrich our knowledge and the dynamics of
international Shipping and the shipping tycoons. No country is self-sufficient
with her requirements of like; food, medicine, technology etc. She is to import
those she does not produce and export those she produces in abundance.
These imports and exports normally are carried by Ships, Tankers and Barges
approximately 90% of the world trade. The rest 10% of the merchandize are
carried by Airfreight and Roadways. Various countries have been trying to
increase the transportation facilities by global multimodal transport system
and also enlarging their road links with neighboring countries. But the
necessity of Sea-born Trade will never decline, rather it is bound to expand
leaps and bounds.
At present there are around 50,000 various types of Merchant Ships, Tankers and
Barges engaged in trading worldwide, transporting every kind of cargos. These
Vessels are registered in over 150 nations, and manned by over one million
seafarers belonging to almost every country of the world.
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ACKNOWLEDGEMENT
Internship program is an integral part of BBA/MBA course. Every
BBA/MBA student is deputed to different organizations to learn
something within the pre-stipulated time by observing these
organizations' daily practices. In this regard, my internship was
arranged at Chittagong Office: I.B.S Associates, Aziz Chamber
(3rd Floor), 6 Jubilee Road, Chittagong and their Head
Office,Dhaka. In accordance with the Counseling and active
guidance of the Lecturer Engineer -------------, University Name.
My heartiest thanks and gratitude to him for his enthusiastic
guidance and sympathetic considerations during the entire phase
of the study made enabled me to prepare this report.
It would have been almost impossible to bring out this report
without the help of the members and officers of IBSA who always
rendered enthusiasm to assist and cooperate.
First and foremost, my heartiest felicitations and thanks to the
gentlemen who had been very keen at exposing me to the precise
ways to prepare this compact report. It would be unwise on my part if I
do not acknowledge the superb support of all the officers, especially of
those whom I worked with. In this connection, I place on Record Mr. Mr.
Salahuddin Y Jamal (SEO - Head of Correspondence) Mr. A.T.M Tofiq Ahmed
(Management Representative).
My thanks also to; Mr. Mohammed Musa (GM-Shipping), Mr.
Mohammed Jaglul Islam (Executive-Shipping & Transport), Mr.
Anwer Hossain (Manager-HS&E) for their spontaneous assistance.
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I shall be failing in my duties for not mentioning the excellent
working environment and the positive group behavior of this
Sterling organization, which tremendously extended their
cooperation, even allowing me to observe the banking activities,
and also exposures with the staff and allowing my stay for long
two months without any hesitation whatsoever.
In fine I tried my level best, and worked diligently with utmost
sincerity. My apologies to the readers for any printing mistakes, if
found any.
Name: ----------------------
ID-----------------------------
Program: ---------------
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LETTER OF SUBMISSION {
DATE:------------------
Engineer --------------------------Lecturer, University Name-------------Chittagong.
Subject: Solicitation for acceptance of the internship report.
Honj’ble Sir,
I respectfully avail the pleasure to submit my Internship Report on "Overall activities of Shipping Agent of integrated maritime logistics support Contractors including Customs Clearing, Forwarding services and Mega Heavy Duty Equipment suppliers in Bangladesh"-----a work study in Messrs I.B.S. Associates, Aziz Chamber (3rd Floor), 6 Jubilee Road, Chittagong-4000. I was assigned to the above-mentioned company for a period of 02 (Two) months. During my industrial tour in the organization I have enriched myself and also gained exposures regarding practical aspects of Shipping & Logistics Services Business.
In fine, I am willing to physically attend for explaining to any queries relating to my captioned Internship Report.
Nevertheless I shall, remain ever grateful if your honor will oblige me by kindly accepting my enclosed report and pardon me for any short comings, which may have occurred despite my utmost endeavor.
Sincerely,
_________Name:-----------Id: ---------------------Program: --------------University Name:----------------------
Enclose: My Internship Report.
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TABLE OF CONTENTS
Chapter 1: Introduction Page No.Executive summary 1Introduction of the study 2Objective of the study 3Scope of the study 3Methodology of the study 4Limitations of the study 4Chapter 2: Company ProfileHistory and background of I.B.S Associates 5Mission of IBSA 6Vision of IBSA 7Values of IBSA 7Objectives of IBSA 7Business Functions of IBSA 8Business philosophy of IBSA 8Management structure of IBSA 9Branch network of IBSA 11List of high officials 11Marketing aspects of IBSA 13International aspects of IBSA 15Chapter 3: Various Activities of I.B.S AssociatesVarious services rendered by IBSA 16Divisions of IBSA 19Chapter 4: Performance AnalysisFinancial Aspects of IBSA 52Growth in different business of IBSA from 1988 to 2003 53I.B.S Associates at a Glance from 1988 to 2003 58Chapter 5: Financial Position of I.B.S AssociatesInvestment of IBSA for the year 2003 59Balance Sheet of IBSA 60Income Statement of IBSA 62Chapter 6 : Profitability AnalysisProfitability Ratios 63Chapter 7 : Productivity AnalysisProductivity Ratios 65Chapter 8: Problems & RecommendationsProblems 67Major Findings 68Recommendations 69Conclusion 70Bibliography 71
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EXECUTIVE SUMMARY
It is a great pleasure enabling me for completing my internship
job with a well reported private organization (Shipping Agent of
integrated maritime logistics support Contractors including
Customs Clearing, Forwarding services and Mega Heavy Duty
Equipment suppliers) like in I.B.S. Associates, Aziz Chamber, 6
Jubilee Road, Chittagong. Through my practical exposure with
this organization was only two months. It has provided me a wide
range of scope and facilities to observe the procedures of
shipping functions especially focusing on foreign Shipping
Agencies’ operation systems.
After successful completion of the practical orientation in IBS
Associates, I have come to know a lot of things such as how a
Shipping and C&F Agents deals with their customers; how they
achieve foreign Contract specially Bangladesh Oil & Gas
Exploration & Development under the Ministry of oil, Gas and
Mineral Resources Corporation (Petrobangla) and how they work
with International Energy Conglomerates like; Cairn Energy
Exploration (Bangladesh) Limited, Chevron Bangladesh Block
12,13 &14 Limited, Tullow Bangladesh Limited, Total E & P
Bangladesh, currently operating in Bangladesh under
Bangladesh Petroleum Act 1974 opens the opportunities for
international petroleum industry to explore develop and produce
oil and gas under Production Sharing Contract (PSC). Mode of
fund mobilization for their various investment projects, banking
operations, mode of communications with both their Principals
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and local High Command, dedication of their High Command to
their organizational goals under Corporate Culture due to,
Corporate Social Responsibility rendered by their employers.
The study covers different aspects of Project Handled and
practical mode of operations both; Offshore and Onshore
operations by IBS Associates (IBSA) including introduction, history
of the organization, divisions of IBSA, management hierarchy of
these divisions, marketing aspects of IBSA, international aspects
of IBSA, financial aspects of IBSA, HSE and ISO 9001:2000
compatible aspects etc.,
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INTRODUCTION OF THE STUDY
The concluding project of the MBA course is to prepare a
dissertation or internship report. For this purpose I opted IBSA
for4 preparation of internship report. The world today has
become a rapidly dynamic and robust entity. None in this
competitive arena will be successful unless he or she is linked
with practical orientation. In this respect internship program
provides a ray of hope in connecting the theoretical knowledge to
the practical knowledge we had earlier acquired.
Transportation investments in developing countries and regions
are made mainly on the basis of their impact on the development
of the area or country. Given that governments normally provide
and maintain the basic facilities such as Roads and Highways,
Seaports and Airports, the Taxpayers rather than the Users pay
the cost of transportation. The question is why should these
facilities be paid for by the Society? or how should these be
financially sustained?
Economic development is not a deterministic process, and the
singling out of a single component of capital formation as a
causal agent is an oversimplification. The process of development
is a complex interaction between human and material resources
with investment in transportation providing a possibility for
developing other resources. It has also been pointed out that
transportation improvements may release working capital which
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can be used more productivity elsewhere, given that there are
suitable productive out-lets.
OBJECTIVE OF THE INTERNSHIP PROGRAM:
The main objective of the Internship program under MBA courses provided by
University of Science & Technology Chittagong (USTC) is to obtain practical
knowledge and related jobs to make the students prepared for their bright career. In
addition to that the objectives of internship program in reputed Shipping, Logistics,
Clearing & Forwarding Agencies provides a major practical knowledge of the
Bangladesh energy sector i.e. Oil & Gas Exploration, Development and Distribution in
the Offshore and Onshore in the various Petrobangla Blocks. I.B.S Associates
dealings are as follows:
1. To familiarize with different functional areas of foreign Ship Handling (Marine
& Logistics Support).
2. To acquire knowledge on Shipping, Clearing & Forwarding Agency.
3. To acquire the organizational behavior patterns in discharging responsibility
as an executive.
4. To gather practical knowledge on the systems, procedures and techniques
used in Multi-Module transport industries.
5. For exposures the interaction between various stakeholders namely;
marketing, finance, other functional departments in the organization, also
with various interest groups including the customers, suppliers, middle-men,
financial bodies and various Statutory Agencies.
6. To learn the process of formulating objectives, policies, programs and their
implementation day to day in the organization.
7. To learn Project Materials procurement and Handling specially Oil and Gas
field related aspects.
8. To gather knowledge of Project Works Accounting Mode and Banking
procedure including Ship’s disbursement and foreign remittance issues.
9. To familiarize with merchandising other related jobs in mini and mega
Projects.
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10. To gather knowledge about HS&E hazardous materials handling in explosives
and dangerous goods in the Oil and Gas Projects.
11. To find out the entire organizational structure.
12. To understand the services offered and to understand the mechanism of the
services available.
13. Another objective was to get exposure of the real life work and idea of how is
like working for an organization in gaining experience which will help me in
my future practical life.
SCOPE OF THE STUDY.This Report covers position in a reputed Shipping, Logistics, Clearing & Forwarding Agency providing a major practical knowledge of the Bangladesh energy sector i.e. Oil & Gas Exploration, Development and Distribution in the Offshore and Onshore in the various Petrobangla Blocks. I.B.S Associates, Aziz chamber, 6 Jubilee road, Chittagong focuses on the overview of background, management and organizational structure, functions, foreign trade business, Ship handling and Chandelling, Ship’s disbursement, clearing and forwarding formalities & Heavy equipment services in local and multinational project, general service organizational activities, Project estimation, Accounting Mode, local & foreign Banking procedures and foreign remittances issues.
While preparing the internship report I discussed with the shipping and C&F
executives, HS&E expert, vendors and clients of IBSA and then I came to know
how they do their job. This report helped me to practical knowledge about
Shipping, Transportation and Logistics sector.
METHODOLOGY OF THE STUDY
The present study is based on theoretical analysis. Collected data and
information were tabulated, processed and analyzed critically in order to
make the program more informative, fruitful and purposeful one. For
preparing this report data have been collected from both Primary and
Secondary sources.
(1) Primary Data:
Primary data were collected through conversation; direct question and
observation were formed in this connection. I am grateful to the following
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Executive of the I.B.S Associates, Aziz Chamber 6 Jubilee Road, Chittagong,
for their nice cooperation in getting primary data:
Mr. Sal Y Jamal (Head of Correspondence).
Mr. A.T.M Tofiq Ahmeb (Management Representative).
Mr. Syed Mohammed Musa (S.M & Head of Shipping).
Mr. Mr. Gopal Das (Manager HR).
Mr. Mohammed Jaglul Islam (Finance & Accounts).
Mr. MD. Anower Hossain (Manager HS&E).
Mr. MD. Abu Taher (Team Leader, Rigger).
Mr. Mr. Babul Gosh (Foreman, Equipment).
(2) Secondary Data:
I have collected my secondary Data from I.B.S Associates’s Web Site,
publications, Petrobangla Annul Report 2007, Bangladesh Shipping Agents
Association Report, C&F Agents Report, Shipping Executive Agents
Association Report, different books, circular, memorandum, and documents
and records of the IBSA.
LIMITATIONS OF THE STUDY
- Best efforts have been made to make the report analytical, informative in
comprehensive one. In spite of much better environment, I had to face
various limitations those were uncontrollable.
- Bank covers a wide area. By this limited time it was not possible for me to
know the every activities of the Bank. I just observed what the bankers were
doing and how. So, consequence is obvious that this report may seem to
some extent a theoretical one.
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- Many procedural matters were written from own observation, which may
also vary from person to person.
- The study was not done very successfully due to officer's busyness.
-
LIMITATION OF THE INTERNSHIP PROGRAM:
Although the opportunity of Internship program is a great one for me to
acquire practical knowledge and other related jobs and getting opportunity of
carrying out this program in an organization like Choice Group, there were
also some limitations in this regard .Out of various limitations the followings
are worth mentioning:
The allocated time (8 weeks) was not sufficient enough to get involved with
the vast and complex process under different functional areas of garments
industries.
Most of the time of my internship period I had to work in P&D and Store
department that may not provide the total scenario of the garment operation.
Another Limitation was that I was not given any guide from the organization
who would monitor my activities and provide support.
The persons involved in each section remain always busy with work so
getting their support was quite difficult there.
Another problem is the unavailability of various data regarding the
organizations total export, which might help me in getting a clear picture of
performance in comparison with total industry.
Unavailability of various secondary data and publications on different
functional areas of garments industries, which might help me in preparing a
good internship report.
PART-I
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INTRODUCTION:
Transport and Economic Development:
In order to analyze and discuss the incidence of transport on competitiveness
and economic development, it is necessary to understand some basic issues
and problems related to international trade. Although the individual shipper
will probably not regard questions of international trade as crucial for his
daily business, an introduction to the driving forces behind ocean transport
and to problems such as exchange rates, customs, tariffs and quotas is
required for a proper understanding of the shipping industry. Some aspects of
transport and economic development are dealt with here.
Export earnings are regarded as important for developing countries since
revenues from exports could be used to purchase capital equipment and
other goods from abroad that are required for industrialization and
production.
At least from a theoretical point of view, there may be other benefits from
international trade which have important long term consequences: Larger
markets would result in economics of scale in production and higher returns;
commercial interaction and communication with more advances would
provide learning effects, improvement of human resources. Several recent
empirical studies support the proposition between growth in exports and the
goods and services produced in the economy in a given period.
It should be noted that the effect of freight costs are similar to those of
tariffs, in the sense that they increase the landed price of foreign goods and
thereby reduce the level of demand for these products. Studies show that the
overall degree of production caused by international transport costs than
those of their competitors. Other studies from other areas seem to confirm
this observation. Three possible reasons for this are proposed.
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Remoteness involves high costs because of the transport distances involved.
This disadvantage may be compounded by a combination of other
unfavorable factors such as small trade volumes, or small consignments and
requirements for specialized shipping (e.g.: reefer). Unbalanced trade may
aggravate the disadvantage.
Inefficiencies may be found in packaging, inland transport, port handling,
ships operations etc.
The causality between transport causes economic growth is supported by a
number of studies. In sprite of this, the postulate that improved transport
causes economic development has been questioned. The more modest
viewpoint has been offered that an adequate transport system is a necessary
condition of economic growth but will not by itself cause such growth.
One interesting aspect of these pretties to technological change in ocean
shipping. For example: The unitization development, particularly in
containers, together with specialization in bulk carriage, creates heavy
demand for new port investment. But who reaps the benefits from these
investments? If the port investment result in a faster turn-around for the
ships, carriers’ cost decrease and these benefits should be passed on in the
from of lower freight rates. But lower freight rates tend to accrue to all
shippers on a trade routh that may include many ports and countries. These
shippers who use the improved port may not benefit sufficiently to justify the
investment. This raises the issue of how to structure port charges so that the
benefits of improvement accrue to the improving port or country.
Sea Port:
Chittagong is the premier port of Bangladesh, located 15km away from the
open sea. The port is situated on the right bank of Karnaphuli river. The port
handles general Cargo and containers and has specialized berths & moorings
for bulk handling of POL, edible oil, Grain, Cement clinker, Fertilizer & Project
Equipment etc. The approximate traffic figures 25900,000 tons of cargo,
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including 22 lac tons of inland cargo and handled annually. The port handles
annually about 784000 TEUs containers & that is also increasing at the rate
of 18% annually. The port location is in the Bay of Bangal Seasonal Area.
Tropical Dec, 1 to 30th, Summer from May,1 to Nov, 30th, maximum size of the
vessel LOA. 187.7m and vessels draft 8.50 meters at main jetties and 9.14m.
at CCT and is some specialized berths.
Pilotage is compulsory for merchant vessels. The entrance to the river is
constantly changing and no vessel should attempt to enter without a pilot.
Pilot boards approximately two nautical miles sea-ward of the outer Bar Buoy.
In the moderate to have weather, a lee side must be made for the pilot boat.
The vessel receiving a pilot is required to wait at the pilot ground near the
entrance, underway and taking consideration of the effect of tide and other
conditions to facilitate bording of the pilot in good time and to be able to
take advantage of the tide for entering and berthing etc. The distance from
the ground to the main jetties is approximately 11 nautical miles.
The organization came into existence in the year 1988. The organization is
here to provide logistics support, Port Clearing, Shipping and Transportation
services to the clients. The organization’s ability to meet the challenges of
today’s Business and Market Environment begins with an in-depth
understanding of client’s needs. This is the hallmark of this organization.
Ocean Transport and Economic Development:
Prior to the advent of containerization, the ship was the principal company of
transportation of goods between the place of production and place of
consumption.
There exit a verity of ship types as discussed here. Ocean Transport consists
of conventional cargo ship, like-tramp, cargo liner, passenger cargo liner:
Unitize cargo ship, like-pallet vessels, barge carrier, RO RO,
Container vessels: Specialized vessels, like-tanker , bulk.
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For the purpose of this article, the following ships are of interest:
Tramps- Cargo tramps are those ships, which are desined to carry no
specific type of cargo and move anywhere in the world. They are often run on
charter to carry bulk cargo or general cargo.
Cargo Liner- are vessels designed to carry a varity of cargo between specific
ports on fixed schedules. They usually carry general cargo (an accumulation
of small loads from different sources). Many of these ships have refrigerated
compartments capable of carrying perishable cargo, such as meat, fruit and
fish.
Passenger Cargo Liners-These are similar to cargo liners except that
accommodation (including lounges recreational facilities) usually of a high
standard is provided for passengers.
Pallet Ship-This types of vessel is equipped with large twin hatches and
cranes to allow pallets to be loaded or discharged through the side ports and
by crane. Forklift Trucks in the upper twin-decks move the pallets.
Barge Carriers-There are two types of barge carriers-LASH and SEABEE. In
the LASH system the ship itself has broad U-shaped stern and the massive
500 tone gantry crane which can drive along rails fitted on the upper deck.
SEABEE ship has three continuous cargo decks. There are no hatch openings
on the upper deck as a horizontal loading system is adopted.
Roll-on Roll –off (RO RO vessels)-This type of vessels has 3 basic elements :
The ship is fitted with a number of decks Ramps are installed to facilitate
vehicular movements between the decks: and often stern ramps are fitted for
loading and unloading. These types of vessels were developed initially for
short sea transportation of containers but have since gained the reputation of
being an economic system for ocean transport. They require little special port
facilities and offer the potential of a truly door to door service.
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Container Ships- The main object in the design of these vessels is to carry
the maximum number of containers within the designed length and breadth
of the vessel. Cellular container vessels are fitted with container guides that
are capable of withstanding dynamic (accelerating) forces due to rolling,
pitching and heaving. The larger container ship has a capacity of 3000 T.E.U.s
(Twenty-foot Equivalent Unit) and is designed to operate in excess of 20
knots.
Tankers- Tankers are used to carry bulk liquid cargo. The most common
being oil. Tankers have the cargo carrying section divided into individual
tanks and cargo is discharged by cargo pumps fitted in one or more pump
rooms either at the ends of the tank section of sometimes in the middle.
Their size range from the very small coastal tankers to about 700,000 tons.
Speeds range from 12 to 16 knots:
Bulk Carriers- Bulk carriers are single-deck vessels which are designed to
transport single-commodity cargo such as grain, sugar and ore in bulk.
Deadweight capacities range from small to 150,000 tons and speeds are in
the range of 12-16 knots: and
Oil / Bulk / Ore (OBO)- The oil/Bulk/Ore carriers have a cross section similar
to the general bulk carrier. The structure is, however, significantly stronger
because bulkheads must be oil-tight and the double bottom must withstand
the high-density ore load. The special feature of this type of bulk carriers is
that they are designed for flexibility of operation and are able to transport
any one of several bulk cargoes on any one voyage.
Business Objectives:
Expanding Business Enterprises.
Time Quality Management.
Accumulating Wealth.
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These are the primary goals of many of the Clients the organization serves.
Helping our clients to achieve these goals is the mission of all our employees
and the focus of our strategic initiatives.
The organization came into existence in the year 1988. The organization is
here to provide logissupport, port clearance, Shipping and Transportation
services to the clients. The organization ability to meet the challenges of
todays’s business and market environment begins with an indepth
understanding of the client’s needs with an indepth understanding of the
client’s needs. This in the hallmark of our organization.
Chittagong Office:
Aziz Chamber (3rd Floor)
6, Jubilee Road, Chittagong
Dhaka Office :
Rob Super Market (5th Floor)
Gulshan-2, Dhaka,.
E-mail: [email protected]
Sylhet Office:
4 No Shahajallal Uposhohor,
Sylhet.
Commencing as a C&F/Shipping House of repute, this organization promoted
several other units, which are now contributing to the socio-economic
development of Bangladesh. Along the way, IBSA has garnered many awards
and accolades, in recognition of HSE Excellence with Zero Lost Time Incidents
from CAIRN ENERGY SANGU FIELD LTD. and Internationally reputed Multi-
National Conglomerate.
IBSA undertakes the job of Clearing, Forwarding, Shipping, Transport cum
handling Contractor (Especially for project works) Loading & Unloading of
heavy and odd sized cargo, equipment and machineries. IBSA owns a good
number of heavy duty vehicles like Trucks, Trailers, and Crane & Fork Lift etc.
Page 21 of 33
These equipment and machineries facilitates for transportation of cargo
heavy load most conveniently through efficient maneuver of the skilled
personnel .
Taking the global context within the preview of open market economy this
sector must be developed for successful existence of Ocean Transport and
Logistics support. Now the industry now has to compete in a global market
where quality at every stage will matter significantly in Sector. To maintain
sustainability for a longer period of time, the entrepreneurs in this sector
should attempt to obtain ISO certification. A precondition has already been
set by WTO that ISO certification is a pre requisite for any enterprise that are
willing to compete in the global market. So the manufacturers of RMG should
prepare themselves for this consequence.
PART II:
FINDINGS
HISTORICAL BACKGROUND OF THE COMPANY: I.B.S Associates
I. B. S. ASSOCIATES is an ISO 9001:2000 certified and HSE Awards winning
Shipping Agent of integrated maritime logistics support Contractors including
Customs Clearing, Forwarding services and Mega Heavy Duty Equipment
suppliers of reputable standing, which has a long and relishing heritage. With
a vision to stand out as a unique business entity in Bangladesh, IBSA was
founded in Chittagong , Bangladesh in the year 1988.
IBSA today is a unique, prominent and resilient company with a pool of 101
experienced, dynamic professionals and motivated staff; each of who pays
personalized attention to all the requirements of our valued clients. Providing
specialized services in all procedures covering; Shipping, Clearing,
Forwarding, Logistics & Equipment Supplies up to the minutest details.
Commencing humbly in the year 1988, today our business has transformed
into an ISO 9001:2000 established organization of repute in the fields of;
Shipping, Clearing & Forwarding business. IBSA promoted several other units,
which are now robustly contributing to the socio-economic development of
Bangladesh.
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IBSA undertakes various Imports & Exports, Clearing, Forwarding,
Transportations, handling Contracts & Shipping Agency (Covering Project
works both in Off-shore & On-shore). Also Loading, Unloading & carrying of
heavy & odd sized Cargos, Equipments & Machineries. IBSA owns
considerable number of HSE compatible heavy duty Logistics like Tractor
Trailer Lowboys & High-beds, Cranes & Forklifts etc. After prior
Recommendations are received by us from the Multi-National Oil & Gas
Conglomerates we produce our Logistics for physical verification by the Multi-
National Surveyors such as Bureau Verities etc., who issues valid Certificates,
from time to time. These duly Certified Logistics, facilitates optimum
movement of heavy Loads & odd sized Cargos conveniently, through our own
efficient & skilled personnel.
Major Clients:
SL.
Clients Projects Services Rendered
1. Cairn Energy Sangu Field Ltd.
IDB Bhaban (9th Floor),
Oil & Gas Explorations in acreage Block 16, Offshore, Bangladesh under PSC.
Sea Freight Clearing Forwarding & Shipping
2. CHEVRON INTERNATIONAL EXPLORATION & PRODUCTION
UNOCAL BANGLADESH [ BLOCK 12, 13 & 14
Oil & Gas Explorations in acreage Blocks 12,13 & 14 Bangladesh.
Clearing, Forwarding & Transportation Services
3. PRODUCTION SERVICES NETWORK
[former KELLOGG BROWN & ROOT BANGLADESH LTD.] (Sangu Operations) Chittagong .
Sangu Operations Supply of Fire Water
4. TOTAL E & P BANGLADESH
Dhaka
Exploration for Oil & Gas Blocks 17 & 18 at St. Martin, Teknaf & Cox's Bazzar.
Shipping Services
Serving as owner's agent
5. SCHLUMBERGER SEACO INC.
Republic of Panama
3D Seismic Survey at Teknaf, St. Martin & Cox's Bazzar, Blocks 17 & 18
Shipping Services
Serving as owner's agent
6. WESTERN GECO
Malaysia .
3D Seismic Survey at Teknaf, St. Martin & Cox's Bazzar, Blocks 17 & 18
Shipping Services
Serving as owner's agent
Page 23 of 33
7. FUGRO SURVEY PTE. LTD.
Singapore
Seismic Survey in acreage Block 16 Bangladesh (Hatiya, Magnama, Sangu Alpha, Kutubdia)
Shipping Services
Serving as owner's agent
8. FUGRO SINGAPORE PTE LTD.
Singapore
Seismic Survey in acreage Block 16 Bangladesh (Hatiya, Magnama, Sangu Alpha, Kutubdia)
Shipping Services
Serving as owner's agent
9. NOMIS SHIPPING INTERNATIONAL PTE LTD.
Singapore
2nd Drilling Campaign under Cairn Energy at Block 16 (Hatiya & Magnama)
Shipping Services
Serving as owner's agent
10. PREMIUM DRILLING (CAYMAN) LTD.
Singapore
Still Jack-up Drilling RIG at Hatiya & Magnama 2007 -
2008
Shipping Services
Serving as owner's agent
11. PACIFIC RICHFIELD MARINE PTE. LTD.
Singapore 1st & 2nd Drilling Campaign under Cairn Energy at Block 16 (Kutubdia, Sangu Alpha, Hatiya & Magnama) -2006, 2007 & 2008 and 3D Seismic Survey under TOTAL E&P at Teknaf, St. Martin & Cox's Bazzar Blocks 17 & 18.
Shipping Services
Serving as owner's agent
12. SWIRE PACIFIC OFFSHORE OPERATIONS PTE LTD.
Singapore
Supply/Support Vessel under Cairn Energy at Block 16 (Sangu Alpha Platform) 2005,2006,2007,
2008
Shipping Services
Serving as owner's agent
13. AL MUBARAK OVERSEAS LLC
Dubai , U.A.E.
Supply/Support Vessel for 1st & 2nd Drilling Campaign under Cairn Energy at Block 16 (Kutubdia, Sangu Alpha, Hatiya & Magnama) 2006,
2007, 2008
Shipping Services
Serving as owner's agent
14. SEADRILL MANAGEMENT(S) PVT. LTD.
Singapore
Mobile Offshore Drilling Unit at Kutubdia -Sangu Alpha 2007
Shipping Services
Serving as owner's agent
15. MOMENTUM ENGINEERING, UAE
Dubai , U.A.E.
Warebarge for 1st Drilling Campaign for Oil & Gas Exploration at Sangu Alpha- Kutubdia, Block 16, under Carin Energy
Shipping Services
Serving as owner's agent
16. TIDE WATER MARINE INTERNATIONAL PTE LTD.
Singapore
Support Vessel for Cairn Energy at Block 16 at Sagnu Alph 2005-2006
Shipping Services
Serving as owner's agent
17. HALLIBURTON INTERNATIONAL INC.
Dhaka-1212.
Sangu Operations Clearing, Forwarding and Transportation
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Cairn Energy Sangu Field Limited (Sangu Operations) : Our long term
Association with Cairn Energy Sangu Field Limited dates back to 1995, till to-
day covering Shipping, Clearing & Forwarding of their entire Oil & Gas Well
Imports & Exports equipments. In Shipping, this covers their Off-shore vessels
Operations, like Oil Rig Deep-Driller 5 & Sea-Drill 06, Ware-barge Gulfdrill-9 &
various Support Vessels, Tug Boats, Survey & Coring Vessels in Block-16 till
completion of their 1st & 2nd Drilling Campaigns. Along the way, IBSA has
garnered many Awards in recognition of HSE Excellence for Zero Lost Time
incidents from Cairn Energy Sangu Field Ltd., on annual basis.
Production Services Network’s (Formerly Kellog Brown & Root BD Ltd.,)
Their entire Shipping, Clearing & Forwarding, Transportation & supply of Fire
Water, we have been conducting ever since the year 1998 which is a
continuous process, till today.
Chevron BD Limited (Block 12, 13 & 14): As regards our relations with
Chevron BD Limited is concerned, this dates back to the year 2001 covering
Clearing, Forwarding, Logistics & supplies of Mega Equipments such as,
Cranes, Forklifts, Lowboys & High-Bed Trailer Tractors. Providing entire
Logistic requirements during Imports & Re-Exports of equipments for Gas
Exploration & Developments of their, Gas Wells. Chevron’s Gas Well locations
are in Blocks 12, 13 & 14 at Sylhet Jalalabad, Moulvi Bazaar, BiBiyana and
Sunamgunj South Pad & North Pad.
Fugro : IBSA’s long standing relations with Fugro Survey Limited & Fugro
Singapore Pte. Ltd., has always been mutually beneficial & cordial. Fugro
commenced the Seismic Survey of Block 16 stretching from the Sangu Alpha
Point, Magnama up to Hatiya, which is a continuous process. Accordingly,
their entire Shipping affairs including Crew handlings were conducted by us,
till today.
Tullow Bangladesh Limited: In the year 2001-2 period their, entire Imports
of Oil & Gas Drilling Equipments, Clearing, Forwarding & Transportations we
handled. Providing them Heavy Duty Logistics like Cranes, Forklifts, and
Lowbed & High-Bed Trailer Tractors. We also provided both covered
Warehouse and open yard space within the Chittagong Dry Dock Ltd.,
Chittagong.
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IBSA's MANAGEMENT TEAM:
Organizations pride ourselves in having some of the best human resources in
the business.
A critical element of customer service is ensuring that employees have
access to improved technology and a high level of training. The employees
have the ability to stay abreast of market developments and serve as
knowledgeable counselors to clients.
Mr. A.T.M. RAFIQ AHMED,
Managing Partner,
and
Director-Bangladesh Shipping Agents Association.
Life Member of Bhatiary Golf & Country Club.
Member of Standing Sub Committee of Port & Shipping
under Chittagong Chamber of Commerce and industry.
Member of Ctg. Club Limited.
Region Chairman, Lions Club of International, District 315 B-
4.
Mr. A.T.M. Rafiq Ahmed: Passing M.Com from the University of
Chittagong commenced business in the year 1988 under the
name and style of I.B.S. Associates. Since commencement, he
has been devoting his total energy in building the Company and
it is through his tireless efforts the Company today is a robust
and thriving entity as an HSE Compatible & ISO 9001:2000
Organization with exposures in the fields of; C&F, Shipping,
Logistics and Equipment Supplies. IBSA with several other sister
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concerns are now making positive contribution towards the
development of human resources and economic growth. He has
earned personal appreciation due to his cordial behavior,
extending sincere co-operation and valuable guidance to his
friends & associates under the most trying circumstances. He is
not only engaged with the business community but is also
associated with various charitable & Philanthropic organizations.
Hence, Mr. A.T.M. Rafiq Ahmed is not only popular in the business
circles but also with various Educational and Social Bodies
because of his active role in the socio-religious activities. In brief,
his name is synonymous with Sterling success stories, always
extending positive directions to all and sundry.
Director-Bangladesh Shipping Agents Association.
Life Member of Bhatiary Golf & Country Club.
Member of Standing Sub Committee of Port & Shipping
under Chittagong Chamber of Commerce and industry.
Member of Ctg. Club Limited.
Region Chairman, Lions Club of International, District 315 B-
4.
Mr. SK. MUJIBUR RAHMAN,
Partner.
Life Member of Muslim Education Society,
Life Member of Red Crescent Society,
Life Member of Kadam Mubarak Muslim Yatimkhana.
Member-M.E.S Executive Committee,
Member-Chittagong Chamber and commerce and industry.
Page 27 of 33
Regional Adviser of Lions Club of International, District 315
B-4.
Mr.Sk. Mujibur Rahman: After successful completion of M.Com
from the University of Chittagong joined I. B. S. Associates since
inception, in the year 1988. Since then, his single minded
devotion towards building the company and through his tireless
efforts the Company today is an established well reputed entity in
the fields of Shipping, Clearing, Forwarding, Trade & Commerce.
Mr. Mujib, a thorough gentleman of Sterling character always
willing to take up any mega assignments as a challenge, with
utmost optimism. Besides business he is also actively engaged in
Social and Religious affairs and life time membership of
numerous charitable organizations and religious institutions. In a
nutshell, Mr. Sk. Mujibur Rahman today itself bespeaks of success
& accomplishments extending helping hands to any friend in
need or business associates and the society at large.
Mr.MahfuzulAHFUZUL HOQUE SHAH, Adviser.
Mr. Mahfuzul Hoque Shah, one of the incumbent Directors of
CCC&I, is associated with I.B.S.A. as an Adviser covering the; Port
of Chittagong , Customs & Liaison with the various Government
Ministries.
Mr. Shah, a thorough gentleman having achieved higher Degrees
in Business Administration, is a renowned & established person in
the Business & Industrial Sector. Apart from business he is also
dynamically engaged in Socio -Religious affairs and life time
membership of several organizations and institutions. In other
words, Mr. Shah's core contributions towards; business, BGMEA
Page 28 of 33
and the society at large is gaining strength from day to day and
his achievements & aims towards these goals for which, only sky
is the limit.
Sister Concern:
I.B.S. ASSOCIATES (Shipping Division): This unit undertakes the
responsibility of providing vessels for its exclusive clients who
wants to assign the entire project work on package deal basis.
Such services facilitate the clients to maintain more emphasized
monitoring while keeping harmony among different critical
handling steps of project cargo.
It is proper co-ordination of work that makes job much easier.
While we handle the vessel as well as discharging to till delivery
at destination, we understand better how to combine works
together for safest handling along with on-time delivery.
Our liaison with world known & reliable shipping companies’
enables us offering highly attractive freight to and from any
destinations in the globe. Once we sign a contract, we consider it
our job to receive cargo at Load Port, providing suitable vessel for
shipment and simultaneously making all arrangements at
destination for handling including local transportation and till
delivery at desired location of client.
I.B.S. ASSOCIATES (C&F Division): This concern is an additional
wing of the Clearing & Forwarding section of IBSA, which is also
immensely experienced in the field of Clearing & Forwarding & it
Page 29 of 33
has a dedicated and enthusiastic group of staff who are well
conversant with customs norms and regulations. This unit indeed
shares the work load from IBSA and coexists with the same
vision. While quality of service is concerned, SM&CO believes in
customized format with no compromise for quality. This company
possesses up to date valid license to perform Clearing &
Forwarding activities of any volume in the largest Port of
Bangladesh; namely Chittagong Port.
RAJIB ENTERPRISE (C&F): This concern is an additional wing of the
Clearing & Forwarding section of IBSA, which is also immensely
experienced in the field of Clearing & Forwarding & it has a
dedicated and enthusiastic group of staff who are well conversant
with customs norms and regulations. This unit indeed shares the
work load from IBSA and coexists with the same vision. While
quality of service is concerned, SM&CO believes in customized
format with no compromise for quality. This company possesses
up to date valid license to perform Clearing & Forwarding
activities of any volume in the largest Port of Bangladesh; namely
Chittagong Port.
EXAMINED FUNCTIONAL AREA (WORK AREA/Operation, Shipping)
While your company avails our services, we are ever ready to
assist you in all Sea & Airports of Bangladesh with our thorough
professionalism.
Our area of service covers:-
Integrated Maritime Logistics
Sea & Air Freight Customs Clearing & Forwarding
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Multiple Shipping Agency Services
Chattered Aircraft In-out Service at Shahamanat Int’l Air
Port, Ctg.
Inland Transportation by Trailers, Prime Movers, Trucks etc.
Handling of any odd sized / dimensioned cargo of any
weight
Berthing & Warehousing facilities at Secured and
Convenient Locations
Provisions & Fuel and Bunker Supply
Technical, Non-Technical, Riggers, Mega Transformers &
Generators Supply
Engine Boats & Tug Boats Supply
Portable Water & Fire Water Supply
Crew Meaning
Air Ticket
Hotel Reservation
Limousine Services
Crew Salary
For any additional Service requirements, communications to relay
to our office for expert assistance at www.ibsabd.com ,
We Provide: Clearing and Forwarding
Overseas logistics, Implementation, Clearing and forwarding goods from
Chittagong Port in a timely and efficient manner, Arrange, overseas and
implement transportation service from point of entry to specified location within
Bangladesh and from specified locations to seaport and airport in a timely and
efficient manner.
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Shipping services: We arrange any vessels’ berthing at Chittagong Port within
short notice efficiently.
Undertake the initiative of appropriate security measure to ensure the safe passage
of all goods.
Epitome of efficiency:
We constantly provide our clients with all relevant information regarding Customs
procedures and import Export procedures in Bangladesh.
The organization also provides cargo Handling Equipments such as Trailers, prime
Movers, Trucks, Craines and Forklifts on a rental basis.
As we have an efficient and efficient track record which helps us in attaining
Customs Clearance in Bangladesh for our clients. These service are not limited to
Clearing and Forwarding, Shipping and Transportation .
Extensive Services/ Logistic Support:
a) Joint Undertaking, Import & Export Permit:
We collect import documents/Import cum export documents i.e. B/L, Invoice,
Packing list and Application for Joint Undertaking from our Principal. Then we
take permission from PetroBangla and Joint Undertaking from minestry of
energy. We take import and export permit from CCI&E.
For export we take necessary NO Objection Certificate from Bangladesh Bank.
b) For VHF/Radio/Wireless :
We take permission for using VHF/Radio/Wireless Set from Civil Aviation
and related departments.
c) For Explosive :
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We take permission from Bangladesh Explosive Department, Dhaka and
Bangladesh Navy for using Explosives at onshore.
d) For Provision : At present we are supplying food provision to Security
vessel at Sangu Alfa, our Liner vessel at chittagong port and HRC liner
vessel at Chittagong port.
e) Bunker :
We are supplying bunker to Security vessel of sangu and liner vessel at
Chittagong port.
f) Portable Water:
We regularly supply portable water to sangu vessel and Liner vessel at
Chittagong Port and Outer-anchorage.
g) Fire Water Supply:
We regularly Fire water to Kellong Brown & Root Bd. Ltd. (Sangu
operation)
h) Manpower Supply: We provide Technical Person / Non Technical
Person / Rigger to our Principal as per their requirements.
i) Boat Supply:
We provide Engine Boat /Tug Boat to our valued clients as per their
requirements.
j) Air Ticket :
We arrange Air Ticket both Domestic and international to our valued
clients according to their instructions.
We provide a cost effective solution to our principal providing “value
for Money” by developing an efficient management of logistic services
on Offshore and onshore, the Chemistry of which is derived from
careful planning and “Ever attentive approach”.
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We have developed a good reputation with the Trade Unions throughout
the country. The organization has also sprouted a commendable network
with NRB, CCI&E, Port and customs Authority to facilitate the
fulfillment of client’s needs.
We ensure 24 hours coverage for all services provided, including the
provision of Floodlights and Generators. All sites and vehicles are liked
with headquarters by Radio Telecommunication.
Adding Value to Clients:
IBS provides the option of setting accounts in Bangladesh or in the client’s
Country of Operation with facilities considerable saving for clients.
IBS Possesses ample experience in dealing
Extensive Service / Logistics Support:
EXAMINED FUNCTIONAL AREA (WORK AREA/Operation, Clearing &
Forwarding)
EXAMINED FUNCTIONAL AREA (Logistics)
Extensive Service / Logistics Support:
Joint Undertaking
