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Ferdous Steel

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2026

    Ferdous Steel fined $4,000 for operating without valid environmental clearance

    Fine or penalty

    Ferdous Steel, a Bangladeshi shipbreaking yard, was fined a total of $4,000 for conducting scrapping operations without a valid environmental clearance after its permit expired and was not renewed. The yard has seven days to pay the fine and must renew its clearance before work can resume. According to the Bangladesh Department of Environment, the yard's owner admitted the violation.

    Bangladeshi shipbreaking yard Ferdous Steel was fined a total of $4,000 for conducting scrapping operations without a valid environmental clearance after its permit expired and was not renewed. The yard has seven days to pay and must renew its clearance before work can resume. The yard's owner admitted the violation, according to the Bangladesh Department of Environment.

    Company response

    • Investigation — investigation team

      An investigation into the cause of the casualty is under way, and a contractor has been hired to perform abatement of any remaining hazards in the ballast tanks.

    • Remediation — contractor

      a contractor has been hired to perform abatement of any remaining hazards in the ballast tanks

    Source excerpt

    • The company has seven days to pay the fine, and - more importantly than the monetary penalty - it must seek a renewal of its clearance before work can resume, shuttering the operation until after a review.
    • The yard's owner has admitted to the violation, according to the Bangladesh Department of Environment.
    • After last week's fatal gas poisoning accident, Bangladeshi shipbreaking yard Ferdous Steel has been fined a total of $4,000 for conducting scrapping operations without a valid environmental clearance.
    Source