Regional opportunities beyond the Strait of Gibraltar
Port Finance International Casablanca 2015
2015
Alejandro M. López. Ports Commercial Director. OHL Concesiones
Índex
1
Introduciing OHL
2
What´s on… | The Gibraltar Strait current set up
03
15
3
What´s beyond!!! Some opportunities for other ports/operators
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2
Company Overview| An OHL Group Company
The OHL Group is currently present in Spain and 26 other countries across all five
continents. The company is listed on Madrid's stock market and Grupo Villar Mir is OHL
Group's majority shareholder with a 61% stake.
The OHL Group, with a history spanning over more than 100
years, currently has five independent divisions:
OHL Group
Concessions
Construction
Strategic lines of business
3
Industrial Services Developments
Company Overview| OHL Group Main Business Line
OHL Concesiones, since its incorporation in the year 2000, leads the concessional
activity within the OHL Group.
OHL Concesiones within the OHL Group
 OHL Group main line of business
SALES
14%
 Financially and organically independent
— Concessions always financed on a non-recourse basis
and in local currency
— Minimum yield of 15% in euros
— Financing with cash flow generated by the company
— Financial participation in abertis with a 18,9% stake
 Strategic player as a P3 market promoter
— Focused exclusively in transportation infrastructure
— Consolidated experience and knowledge to open new
markets
86%
EBITDA
22%
78%
— Direct management of a portfolio of 19 concessions
in Spain and Latin America
4
OHL Concesiones
Rest of the Group
Company Overview| Profile & Key Figures
Company Profile & Key Figures
Strategic Definition
2000 - 2001
Development
2002 - 2004
Growth
2005 - 2011
Transformation
2012 - 2013
1.231
Revenue*
EBITDA
1.126
Mn €
951
804
749
471
166
85
47
2001
91
2004
2011
2012
2013
* Includes the adjustment for guaranteed returns under concession agreements, own construction activity and IFRIC-12
construction turnover
Landmarks
 Successful developer of green field transportation projects
 Expertise and in-house technology for O&M
 Materializes generated value through IPOs, asset sale and swaps
 Nº 9 top world investor (PWF)
5
OHL Concesiones in the port sector| Terminals under concession
Consolidation of a terminal portfolio along the sea ways of the leading shipping companies for
containerized merchandise in Europe, Asia, West Africa and America.
Commercial ports
─ Total investment
under
management:
658 Mn €
─ Total surface area:
─ 2.000.000 TEU potential
capacity
6
64.2 ha
OHL Concesiones in the port sector| Terminals under concession
Designed to support expected development in import/export traffic and transfer along the main commercial
routes in the Mediterranean, Atlantic and Pacific.
Port of Alicante (Spain)
Multiple purpose platform used as an import, export and
transfer port in commercial exchange with North Africa and
short-distance maritime transport in the European Union.
Port of Tenerife (Spain)
Logistic platform equipped with cutting-edge port machinery,
used as a meeting point between Europe, America and Africa,
as well as a strategic logistic platform in the Atlantic Ocean.
Port of Valparaíso (Chile)
Project to extend Terminal 2, designed to double the port’s
current capacity, will cover the country’s maritime traffic needs
for the next 15 years as well as backing up the sector’s growth
along the South American coast.
7
OHL Concesiones in the port sector| Port of Alicante -TMSThe southern extension of the Port of Alicante, executed by the concessionaire, has transformed the terminal
into a unique complex for commercial development in the Mediterranean and North Africa.
Terminales Marítimas del Sureste - TMS
─ Berthing line
1,290 m
─ Draught
14 m
─ Surface
298,000 m²
─ Ro–Ro ramps
4

─ Terminals


Multi-purpose
Bulk
Passengers
Highway network to Madrid,
Valencia, Murcia, etc.
─ Connectivity
Railway connection inside
the Terminal
Proximity to the International
Airport of Alicante
8
OHL Concesiones in the port sector| Port of Alicante –TMSTMS has its own railway infrastructure behind quay 21, with a loading platform 450 meters long, which
continuously serves the multi-purpose terminal and provides service to the entire port.
3 terminals
Multi-purpose│ Bulk │ Passengers
TMS: Main characteristics
100%
Stake
Surface area
Capacity
Machinery



Multi-purpose 15 ha
Bulk 12 ha
Passengers 3 ha



Multi-purpose 400,000 TEU
Bulk 1,000,000 t
Passengers 500,000
Port of Alicante. Spain
2 Post Panamax cranes
3 Transtainers Kone
7 Reach Stackers Kone
16 Mafis / Tractors
11 Platforms
4 Forklift
Concession term: June 2003 – December 2047
9
OHL Concesiones in the port sector| Port of Alicante -TMSAn extension is currently available in the port area for the implementation and development of loading and
downloading activities in any sea transport sector:
Pier 19: Potential for development
Wharf and storage area ready to operate in
specific sectors:




Containers
Vehicles or other Ro-Ro cargo
Liquid or solid bulk
Project loading
─ Berthing line more than 360 m long
─ More than 14 m draught
─ 65,000 m2 surface area
─ Railway connection within the perimeter
10
OHL Concesiones in the port sector| Tenerife Container Terminal -TCTThe location and characteristics of the container terminal of the Port of Santa Cruz de Tenerife have enabled it
to become a reference logistic platform in the Atlantic for all of Western Africa.
Terminal de Contenedores de Tenerife - TCT
─ Berthing line
700 m
─ Draught
16 - 18 m
─ Surface
150,000 m²
─ Ro–Ro ramps
1 (folding)
─ Terminals
Multi-purpose
Traffic lines from the
Canary Islands
─ Connectivity
Coastal trade lines with
ports on the Iberian
Peninsula and Northern
Europe
Los Rodeos and Reina
Sofía Airports
11
OHL Concesiones in the port sector| Tenerife Container Terminal -TCTIts installations and equipment, with operating capacity of 620,000 TEU/year, are designed to service the
most modern vessels.
100% automated
GPS container positioning
TCT: Main characteristics
100%
Stake
Port of Tenerife. Spain
15 hectares
Surface area
620,000 TEU
Capacity
•
Machinery
•
•
•
•
6 Over Post Panamax
STS cranes
6 RTGs
3 Reach Stackers
12 Maffis
12 Platforms
Concession term: April 2013 - March 2042 –Ext. requested till 2054
OHL Concesiones in the port sector| Tenerife Container Terminal -TCTThe operating improvements launched by the concession company currently provide its clients with
guaranteed service meeting the highest European standards.
Operating improvements
─ Extension of the berthing line
─ Innovative folding Ro–Ro ramp with 180 t service load
─ Over 530 reefers connections, extendable to 750
─ Remote control of refrigerated units
─ Automation of incoming and outgoing containers and
GPS/RFID positioning
─ Cameras and equipment for optical character
recognition (OCR)
─ Automatic positioning of containers in the park for
downloaded and incoming units
─ Management of prior notice to clients through the
website
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OHL Concesiones in the port sector| Our concessionaire experience
Concessionaire experience
─ Port of Alicante: TMS
The concession of a whole port facility
─ Port of Tenerife: TCT
A standard container terminal concession
─ Port of Valparaiso: TCVAL
Integrating latest technology in container port
developments into a Port -City
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What´s on… | The Gibraltar Strait current set up
Valencia (only tran)
Throughput: 1.5 Mill.
Sines
Throughput:
Capacity:
Algeciras
Throughput:
Capacity:
0.9 Mill.
1.2 Mill.
4.3 Mill.
5.2 Mill.
Tangier
Throughput: 2.5 Mill.
Capacity:
3.0 Mill.
Las Palmas
Throughput:
Capacity:
15
0.8 Mill.
1.3 Mill.
Malaga
Throughput:
Capacity:
0.3 Mill.
0.9 Mill.
What´s on… | The Gibraltar Strait current set up
Nador
Kenitra
Casablanca
Safi
Agadir
Tantan
El-Aaiun
Dakhla
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What´s on… | The Gibraltar Strait current set up
Alicante
Seville
Almeria
Huelva
Cadiz
Tenerife
17
Malaga
Motril
What´s beyond!!! | Some opportunities for other ports/operators
Cadiz trade in tons with main neighbour
countries
800000
700000
…. About container liner shipping
600000
500000
400000
300000
200000
Exportacion
Importacion
Cadiz EQU boxes with main neighbour
countries
100000
0
30000
Cádiz 2014 facts & figures:
•
73.000 box moves to third countries
•
Of which ONLY 35.000 from the port.
•
REMAINING 38.000 boxes through other ports
25000
20000
15000
10000
5000
0
Source: Spanish Customs / Chamber of Commerce
/ Port of Cadiz
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Exportacion
Importacion
What´s beyond!!! | Some opportunities for other ports/operators
Alicante trade in tons with N/W Africa
countries
1400000
…. About container liner shipping
1200000
1000000
800000
600000
400000
Export
Import
Alicante EQU boxes with N/W Africa
countries
200000
0
50000
45000
40000
35000
30000
25000
20000
15000
10000
5000
0
Source: Spanish Customs / Chamber of Commerce
Export
Import
What´s beyond!!! | Some opportunities for other ports/operators
…. About container liner shipping
Main commodities imported
Pulses, veg.
5%
Plastics Miscell.
6%
2%
Main commodities exported
Shoes
4%
FRUITS, VEGET.
2%
PAPER
2%
MISCE.
15%
CHEMICALS
2%
Chemicals
11%
MARBLE
57%
SHOES
2%
Fish
18%
Alicante 2014 facts & figures:
•
73.000 box moves = 139.000 teus
•
85% Cabotage to the Canary Islands.
•
114.000 boxes through other ports
Fertilisers
54%
CLOTHING
3%
PLÁSTIC
MANUF.
3%
TILES
7%
MARBLE
MANUF.
7%
Source: Spanish Customs / Chamber of Commerce
20
What´s beyond!!! | Some opportunities for other ports/operators
…. About Ro-Ro liner shipping
Driver rest
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Nimes
What´s beyond!!! | Some opportunities for other ports/operators
…. About Ro-Ro liner shipping
DAY 1
DAY 2
0:00 0:30 1:00 1:30 8:30 9:00 9:30 10:00 10:30 11:00 11:30 15:30 16:00 16:30 19:30 20:00 23:30 0:00 0:30 1:00 1:30 2:00 5:30 6:00
Algeciras - Nimes
Aprox 1500 Km
16 hours driving
Alicante - Nimes (Ferry Tanger)
Aprox 900 km
16 hours ferry + 9 hours driving
Alicante - Nimes (Ferry Nador)
Aprox 900 km
10 hours ferry + 9 hours driving
driving period
resting period
sailing (ro/ro) period
22
What´s beyond!!! | Some opportunities for other ports/operators
…. About other hub facilities
+750,000 teus
+245,000 teus
+100,000 teus
Source: Dynamar
What´s beyond!!! | Some opportunities for other ports/operators
…. About other hub facilities
Tenerife -TCT- facts:
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•
Three days shorter transit time in ECSA-WAF trade
•
One day shorter transit time in ECSA – NWC trade (if calling at Gibraltar Strait terminals).
•
No lost in MED – WAF trade.
•
Within the track for new opportunities between new Panama Canal locks and the Med.
Head Offices
OHL CONCESIONES, S.A.
Paseo de la Castellana, 259 D
Torre Espacio
28046 Madrid – SPAIN
Telephone: +34 91 348 41 00
[email protected]
www.ohlconcesiones.com
Terminals
TERMINALES MARÍTIMAS DEL SURESTE, S.A.
Puerto de Alicante - Prolongación Sur - Muelle 23
Buzón Nº 41 - 03008 Alicante, Valencia – SPAIN
Telephone: +34 96 598 49 23
[email protected]
www.tmsalc.com
TERMINAL DE CONTENEDORES DE TENERIFE, S.A.
Nueva Terminal del Dique del Este, Vía de Servicio
38180 Santa Cruz de Tenerife – SPAIN
Telephone: +34 922 99 04 30
[email protected]
www.tctenerife.es
TERMINAL CERROS DE VALPARAÍSO, S.A.
Avenida Errázuriz 755, Piso 7 – Oficina 708
2340000 Valparaíso – CHILE
Telephone: + 56 32 314 24 00
www.tcval.cl
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