The Bangladeshi authorities have been compensated $22.48 million from a foreign insurance company for the damages from the missile attack on Banglar Samriddhi in Ukraine.
The funds have been transferred to the Sadharan Bima Corporation and will soon be passed on to the Bangladesh Shipping Corporation (BSC).
The Beazley Group, which operates within the British market Lloyd’s of London, is one of two insurers of the vessel alongside SBC. The BSC had rented out...