Sea-Ports - Assolombarda

Sea-Ports
Indian Ports - Overview
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•
•
•
13 Major Ports
140 intermediate & minor ports
Major Ports – under the aegis of Govt. of India
Minor Ports – development, Operations & controlled by
State Governments
• Major Ports – 75% of the cargo
• Minor Ports, include captive ports
• Private Sector Participation : Major Ports – enhance
efficiency of existing assets; Minor Ports – develop new
facilities
Major Ports - Cargo
(in million tons)
60.0
50.0
40.0
30.0
20.0
10.0
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Cargo handled by the major ports – about 390 million tons
Mumbai Port Trust
Cargo Handled (‘000 tons)
Liquid Bulk
Dry Bulk
Average Turn-around time (days)
20061
519
Liquid Bulk
1.87
Dry Bulk
7.51
Containers
2816
Containers
1.95
Gen.Cargo
6599
Gen. Cargo
4.35
Overall
29995
Overall
3.02
2003-04
2002-03
2001-02
Traffic (In million tons)
29.99
26.80
26.43
Number of Ships entered
5859
4858
3267
Aggregate GRT of ships
(In million tons)
41.43
37.71
31.06
Mumbai Port Trust
Operating Income (Million
Euros)
83.7
83.4
79.7
76.8
78.4
76.5
91.79
94
96
Net Surplus (Million
Euros)
-29.6
-11.7
-31.9
Replacement and
Development Funds
(Million Euros)
621.6
632.7
557.3
Operating Expenditure
(Million Euros)
Operating Ratio
(Percentage)
Policy Initiatives
™ Private Sector Participation allowed, including 100% FDI
™ Tax holiday – Infrastructure Status
™ Corporatisation of Major Ports
™ Tariff Authority for Major Port (TAMP) established
™ Private Sector participation - well established mechanism
Areas of Private Sector
Participation
•
Leasing out existing assets of the port
•
Construction/creation of additional assets, such as:
(a) Construction
and operation of container terminals
(b) Construction and operation of bulk break bulk, multipurpose and specialized cargo
berths
(c) Warehousing, Container Freight Stations, storage facilities and tank farms
(d) Cranage/handling equipment
(e) Setting up of captive power plants
(f) Dry docking and ship repair facilities
•
Pilotage
•
Captive facilities for port based industries
Private Sector Participation
– Major Ports
•
Berths leased out for 10 years to SAH and TISCO at Haldia - import
of coking coal and export of iron & steel material
•
A consortium led by P&O Australia - a 170 million Euros Container
terminal on BOT basis at Jawaharlal Nehru Port
•
Maersk – Concor consortium – Third Container Terminal on BOT
basis at JNPT
•
Captive Coal Jetty at Mumbai Port by Tata Electric
•
Mormugao Port - two berths by M/s ABG on BOOT basis for
handling Coal.
•
Mormugao Port - One berth and waterfront leased out Western India
Group for a floating Dry Dock and ship repairing complex
Private Sector Participation
– Major Ports
•
Construction and management of two coal berths at New Mangalore
Port (BOT) - 100 Million Euros
•
Kandla - a captive jetty for fertilizer raw materials
•
Two oil jetties by IOC & HPCL at Kandla
•
Captive facilities for handing coal & liquid bulk, at Ennore
•
Cochin Port, LNG Terminal - 125 Million Euros by UNOCOL, USA
•
Provision of equipment, operation and maintenance of container
terminal at Tuticorin Port by Singapore Port Authority on BOT basis
Private Sector Projects –
Under Consideration
Capacity
(Million Tons)
Project Cost
(Million Euros)
Port
Project
Mumbai
Second Liquid
Chemical berth
3.00
50
Mormugao
Multi Purpose
berth
5.00
60
New Mangalore
Captive Coal
Jetty
BOT Coal berth
5.00
5.00
60
60
Tuticorin
Coal Jetty
1.50
20
Chennai
Container
Terminal
3.00
80
Private Sector Projects –
Under Consideration
Port
Project
Visakhapatnam
Two multi-purpose
berths
Cochin
JNPT
Capacity
(Million Tons)
Project Cost
(Million Euros)
2.00
20
5.00
120
Integrated 5 berth
chemical terminal
19.00
450
POL Jetty by BPCL
1.90
90
Container Handling
Facilities
4.00
90
Container
Transhipment
Terminal
Kandla
Sea-Ports : Niche Opportunities
Harbour Towage – An interesting
Opportunity
Tug Ownership in India in 2004
Minor Ports
43
Captive &
Others
90
Major Ports
100
Total = 233 Tugs
Major Ports – Tug Ownership
OSL
4
GE
12
Port
84
Major Ports – Policy decision to not acquire any further Towage Tugs
Minor Ports – Tug Ownership
OSL - TM
9
OSL
8
OSL TM – Under Technical Management by OSL
Port
26
Dredging Operations - Types
™ Capital Dredging - increasing depths
™ Maintenance Dredging - Maintaining depths
™ Inland Dredging - Dredging in rivers, canals, lakes etc.
™ Associated Activity - Land reclamation & beach nourishment
During the last eight years, the annual dredging, undertaken
in India, is estimated at approx. 125 million Euros
Indian Market - Key Drivers
™ Greater thrust and emphasis has been laid on
deepening of draft at various ports – atleast 14m
draft – larger vessels; larger parcel loads
Type of Vessel
Cape Vessels
Cost per ton (Index)
100
Panamax
Handymax
130
150
™ Dredging sector has been opened for participation by
private & foreign parties
Dredging – Market Size
Capital Dredging
(in million Euros)
Sethusamudaram
450
Dhamra Port
150
Mandva Port
150
JNPT
125
Mormugoa
15
Paradip
25
Mumbai Port
50
Mangalore
50
Kochi
80
Kandla
20
Total Capital
Dredging
opportunity, over
the next 3-5 years :
1 bn Euros
Indian Market – Key Players
™
Foreign companies corner the lion’s share of capital dredging in India –
Technical superiority (35-40,000 cu m / day; > 5 Mn cu m contracts)
Name of the Company
Country
Area of Operation
M/s Ballast Ham Dredging
Netherlands
International
M/s Royal Boskalis
Netherlands
International
M/s Van Oord Acz
Netherlands
International
M/s Dredging International
Belgium
International
M/s Jan De Nul
Belgium
International
M/s Great Lakes Dredge & Dock
Company
U.S.A
International
M/s Penta Ocean
Japan
International
Dredging – Market Size
Maintenance Dredging
(in million Euros)
Hoogly River
75
Paradip Port
10
New Mangalore
7
Kandla
7
Kochi Port
7
JNPT
5
Total Annual
Maintenance
Dredging
opportunity:
Mormugao & Vishakatnam
3 (each)
150 Mn Euros
Chennai, Ennore, Kakinada
1 (each)
Pipavav, Mundra, Sikka
3 (each)
Hazira & Dahej
15
Dhamra Port – Development
• Concession for the creation of a new Port, awarded to
Indian Seaports on a MoU basis
• India Seaports – an SPV created by L&T, Stevedoring
Services (of USA) and Precious Shipping (of Thailand)
• Port – focussed on Iron Ore, Steel, Coal, etc.- Bulk
Cargo
• Conceived to be developed in phases
• Interesting concept on Rail connectivity
Dhamra Port - Engineering
• International Engineering company – Port
Layout Design
– Model studies
– Design of channel
– Design of breakwater
• Indian engineering company
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–
–
Berth design
Design of backup facilities
Design of railway & road linkages, etc.
Initial surveys
Dhamra Port - Engineering
• Typical engineering costs
– Detailed Project Report : 200,000 – 250,000 Euros
– Port Layout Design (International): 800,000 – 1 mn
Euros
– Other Design (Indian) & engineering : 450,000 –
500,000 Euros
Total estimated Construction Cost : 215 mn Euros
Total Project cost : 250 mn Euros
Construction Contracts
• Typical Port Construction Contracts
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–
–
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Breakwater : 55 mn Euros
Dredging : 55 mn Euros
Berth : 20 mn Euros
Back up Terminals : 20 mn Euros
• Some Indian Port Contractors : L&T, Navyug, Afcons,
HCC, Gammon, etc.
• Indian Port Contracts : typically 25-30 buyers of bid
documents 5 pre-qualify; others are looking for prequalification