Bangladesh's Khulna shipyard regained its lost glory as the potential venture turned into a successful profitable business concern through building brand-new ships of international standards besides repairing old ones.

Located on the bank of the River Rupsa, the shipyard was established way back in 1957 with the assistance of a German firm, Stulcken Sohn. Two German and British companies had jointly run the shipbuilding yard till 1965.