Shipbuilders have been granted another two and a half months or so to reschedule their defaulted loans through a 2.5 per cent down payment, according to a Bangladesh Bank (BB) notice yesterday. 

A place of encircling rivers and canals, Pirojpur's Nesarabad upazila is nestled along the banks of the Sandha River. It's a deltaic landscape that has proven a natural haven for shipbuilders. Every day, at an ever-growing number of shipyards, Nesarabad bustles with activity as new ships, small and large, are brought to life.