Ports

[SLAA]

Project Fact Sheet:

• Two breakwaters, 5 km and 1 km in length
• Dredging of harbour channel to 20m depth estimated volume being 13.6 million cubic metres
• first terminal will be 1200m in length, sufficient for 3 x 400m berths
• construction tender expected to be awarded by July 2007; construction period is 39 months
• Phase 1 includes breakwater and 3 terminals
• Phase 2 includes an extension of the breakwater and one more terminal





Dec 18, 2006 (LBO) – Sri Lanka's President Mahinda Rajapakse Monday kicked off a million dollar project to expand the Colombo port, which will triple existing capacity and enable it to service larger vessels in the future.

The 1.2 billion dollar project, the largest port development undertaken so far, will add four terminals, each with four berths to existing facilities, the Sri Lanka Ports Authority said.

Each terminal would be 1,200 metres in length and have between three to four berths.

"The first terminal will become operational in 2010 and have a nominal capacity of 2.4 million TEUs (Twenty-foot Equivalent Units), with the others being brought on-line as the market demands it," the Sri Lanka Ports Authority said.

To accommodate deeper vessels, the harbor basin will be deepened to 18 metres while the channel carrying the vessels will be 20 metres in depth.

Once completed, the Colombo Port will have capacity to accommodate around 12 million TEUs each year, the statement said.

The port, current capacity hovers at around 4-million TEUs, with ongoing transshipment volumes expected to push 2006 volumes up to 3-million TEUs, SLPA said.

The first phase will include building breakwater and dredging the harbor basin followed by the construction of the first container terminal.

The government is expected to foot the bill during the first phase.

Initial work including a 3-kilometer breakwater, will cost an estimated 300 million dollars, with private sector expected to chip in with financial assistance during the second stage of the project.

SLPA says it plans to incorporate latest generation yard planning and container handling equipment and techniques to maintain berth and vessel productivity.

In addition to container cargo terminals, the port has Roll On – Roll Off and bulk cargo terminals that help major vehicle manufacturers export their vehicles to and through the island from this port.

"This project, which will result in the creation of a government-built and owned harbor facility, will include public-private partnerships in the provision of terminal services," SLPA said.

http://www.lbo.lk/fullstory.php?news...&SEARCH_TERM=7

[phil.froelich]

Why don't you merge this thread with the Colombo Port Mega Hub of South Asia one...

[sjinadasa]

Source - http://www.slpa.lk/expansionproject/index.asp

You can find all the info in the site but I'll post some extracts, since I found the site to be very..ugly.


Intro

The Port of Colombo has been rated as the No. 1 Port in South Asia, the 37th amongst the container ports of the world by the Containerisation International Yearbook 2005.

The increase in world container traffic combined with a substantial rise in the economies of the Indian sub continent over the next two decades generates a continued and expanding demand for container transshipment services at Colombo.

At current levels of growth, the existing port facilities will reach capacity by 2010. Therefore in order to maintain the Port’s status as a key regional hub for maritime services, the Government of Sri Lanka and the SLPA are embarking on a major expansion of the Port of Colombo.

Under this project a new outer deepwater harbour enclosed by new breakwaters to cater for the next generation of ships will be constructed by the SLPA through funding from the Asian Development Bank (ADB). The planned development will take place under the port expansion project adjacent to the current Port of Colombo. The construction of the basic infrastructure will be followed by the construction of three terminals in stages, as the traffic increases. The first state-of-the-art terminal will be constructed as public/private enterprise on BOT basis.


The Current Port and its Terminals

The Port of Colombo is located in an artificial harbour formed by three breakwaters, constructed more than a century ago. The port basin covers 200 hectares and is dredged to depths of up to 15 meters. Access to the harbour is provided on the western and northern sides. The entire perimeter of the harbour is occupied with berths, terminals and vessel related activities. The Port is connected to the national rail network; however, virtually all cargo movements in and out of the port are by road transport.



Three container terminals at which the majority of container traffic is handled as follows:

1.Jaya Container Terminal (JCT)
2.Unity Container Terminal (UCT)
3.South Asia Gateway Terminal (SAGT)


2005 Total (TEU million ) - 2.46
Average Growth rate % - 9.8%
Transhipment - 70%, Domestic - 30%


Future Container Traffic

* The level of domestic container traffic is projected to rise by 9.5% annually to 2010 and accounts for approximately 30% of the total container traffic with transhipment providing the balance.

* The total container traffic at Indian ports is expected to grow at a rate of 12% per annum in the next few years; this will taper off to 9% in 2010 and 7% after 2015. This forecast is based on “export growth predicted by authoritative forecasting bodies” and marginal additional container penetration. The growth rates may be considered conservative since they are below growth over the last 5 years, which averaged 14% per annum and India still handles less than 5 million TEU, while China, with a similar population, handles over 40 million TEU.

* The transhipment share of total ISC traffic is forecast to decline from 45% to 33% by 2008 as India receives more direct calls. This assessment has been developed on a port by port basis having regard to base load and the influence of cabotage on Indian port operations. Although some ports may receive 100% direct calls the continuing emergence of other small ports ensures a future market for transhipment.

* The dominant position once enjoyed by Colombo is facing increasing regional competition. However on the basis that premier league levels of productivity will be offered, the institutional framework of the Sri Lankan port sector is modernized and the port operators are able to negotiate tariffs without external control, a revival of Colombo’s share of regional transhipment traffic is expected, with an increase from a 23% share in 2002 to just over 30% by 2015.

Development Plan


The layout of the proposed Colombo Port Expansion Project (CPEP) has been designed to accommodate vessels with an overall length of 400m, beam of 55m and draft of 16m.

The harbour will be served by a new two-way channel with a depth of 20m and a width of 570m.

The new breakwaters in the initial phase will enclose a basin area of 285 ha which will support three new terminals each with a quay length of 1200m and a land area of 58 ha.

The basin will be dredged to –18m with provision to deepen it to -21m should a new generation of deep drafted vessels come on line. There is also provision to extend the breakwater under a second phase to provide area for a fourth Terminal.





The initial development costs for infrastructure comprising the construction cost of the breakwater, channel, land, access, utilities, small boat harbour and navigation aids is estimated to be in the region of US $ 320m. The cost of the first terminal comprising quay wall, yard reclamation and surfacing, buildings, power and services as well as terminal equipment is estimated to be about US $ 300m.

[phil.froelich]

Nice, detailed plan for the exact use and proportion/layout of the expansion...

[Amal]

Have they started building this?

[saraprobe]

bidding completion is schedule for 03rd April 2007, so i presume any progress would be made after that!

[Fusionist]

President’s China visit to expedite Hambantota port project

Channa KASTURISINGHE

COLOMBO: President Mahinda Rajapaksa’s forthcoming visit to China would ensure the speedy implementation of the long awaited Hambantota Port development project.

Treasury Secretary Dr. P.B Jayasundera told the media that the President’s visit next week will secure the required technical and financial assistance for the proposed project which is expected to be completed in 2011.

It has two main components - the breakwater project and the industrial port and bunkering facility.

“The commercial contract between the Sri Lanka Ports Authority and the relevant Chinese institutions have been finalised and hopefully the contracts would be signed during the President’s visit,” Dr. Jayasundera said.

continued : http://www.dailynews.lk/2007/02/24/news02.asp

[Amal]

Sri Lanka bunker facility in three years time

07 Mar 2007, 08:39 GMT

The construction of Sri Lanka's Hambantota port project, which includes a $87million bunkering terminal, is expected to last about three years, sources familiar with the project said.

The development of the whole Hambantota port project, including the bunkering terminal, costs approximately $312 million.

The bunkering terminal, which can allow the berthing of vessels up to 100,000 deadweight tonnes (dwt), is expected to deliver 500,000 metric tonnes (mt) of oil products each year.

Sri Lanka had earlier signed an agreement with China to jointly develop the Hambantota district, which includes setting up a harbour, tank farm and bunkering system.

China will provide assistance in the form of technical support and financial aid for the project.

Phase 1 of the project, apart from building the bunkering terminal, also includes the construction of a sea port to handle 80,000-100,000 dwt general cargo vessels.

The Chinese government has nominated a contractor who will be forwarding a proposal to the Sri Lanka Ports Authority (SLPA) for evaluation.

Phase 2 of the project will involve dredging and increasing the harbour basin and construction of additional berths and yards for conventional/container cargo operations. Commencement of Phase 2 is around 2012.

Sri Lanka-based bunker players told Bunkerworld that the new bunkering facility could boost the local bunker market due to the strategic location of Hambantota at the east coast of the country.

Hambantota is also located close to key international shipping routes and is considered an ideal location for bunkering operations, a bunker player said.

Observers believe the Hambantota port project could be significant to China's interest in enhancing its influence in the Indian Ocean.

http://www.portworld.com/news/2007/03/67178

[phil.froelich]

Good news, can bunkering bring in foreign exchang eor is it just for oil bunkering...

[saraprobe]

Plans to develop a major bunkering terminal in the south of Sri Lanka could bring down marine fuel prices in other ports in the country.

"We don't see this development as eating into the Colombo market," a local player told Bunkerworld. He predicted it could even benefit the port.

Sri Lanka has an agreement with China to develop a bunker terminal at Hambantota, near the southern tip of the island.

The aim is to provide a bunkering point for passing international traffic, and the plans call for a terminal and tank farm that could deliver up to 500,000 metric tonnes (mt) of oil products a year.

"It's been on the cards for quite some time, but it is definitely gaining momentum," a source told Bunkeworld on Friday. China and Sri Lanka reiterated support for the project this week.

Sri Lanka imports all its bunker product, one the principal factors that makes the market regionally uncompetitive.

The source said that if the Hambantota proposals went ahead, there would be enough storage capacity to import product more economically.

"Colombo suppliers could transship material from Hambantota," he said.

He suggested it was unlikely the terminal would damage demand in Colombo as its market was for vessels already working cargoes in the port.

Sources said it was still not decided who would supply bunkers at Hambantota, although they predicted that there would "a lot of interest" if it was put to tender.

Reports this week the Hambantota port and bunker terminal project would take about three years to build. It is not clear when work is likely to start.

Prices for 380 centistoke (CST) bunker fuel in Colombo today were $370 per metric tonne (mt), over $70 above Singapore.
http://www.portworld.com/news/2007/03/67211

[phil.froelich]

we really have to challenge SIngapore as a COUNTRY using the Colombo port and its expansion and the new Hambanthota port to steal and attract new business away from Singapore...

[Amal]

Hambantota Port project: Signing today

Monday, March 12, 2007

By Yohan Perera

The much hyped Hambantota Port project will be launched today with the signing of an agreement between the Sri Lanka Port Authority and two Chinese companies at Temple Trees today.

It is estimated to cost Rs 360 million and more than 85% of it is expected to come from China in the form of aid.

The Chinese government had agreed to provide funds promptly after discussions it had with President Mahinda Rajapaksa during his recent visit to China.

Work of the project is expected to begin before July this year.

http://www.dailymirror.lk/2007/03/12/front/3.asp

[saraprobe]

These people always mix-up with rupee & Dollar!

[sjinadasa]

Well, at least that elevates the state of the Rupee in the eyes of the international viewers

[saraprobe]

The Signing agreement of Hambanthota Development port project at Temple Trees on 12th Morning between SriLanka port Authority China Harbour engineering.Mr.Saliya Wickremesooriya Chairman Port Authority, vice Chairman R.M.P.G.Wickreme and Dr.Hu
Jianhua President of China Harbour engeneering co.LTD are signing agreement.Minister Dr.Sarath Amunugama,Minister Mahinda Amaraweera,Minister Mahindananda Aluthgamage,Mrs.Nirupama Rajapksa MP,Presidents Secretary Mr.Lalith Weeratunga,Finance Sec.Dr.P.B.Jayasundara and officials are also in the picture

http://www.news.lk/index.php?option=...1949&Itemid=49

[phil.froelich]

good stuff...hope this project endures no major hiccups on the way, what about the Colombo Harbour who will finance it and has a tender gone out yet?

[saraprobe]

Tenders are out now and the contractor will be call out on July for the constructions!
http://www.slpa.lk/Tendr.htm

[Amal]

Is this something different to the Colombo port expansion in this thread?




Sri Lanka accepts John Keells Holdings mega sea reclamation plan

March 15 (LBO) - Sri Lanka has accepted a proposal to reclaim the sea and develop 450 acres of land alongside the Colombo Port by John Keels Holdings (JKH), a senior minister said.

"In the committee headed by the president we approved a very important and a flagship project to add 450 acres to the land space in Colombo," Investment Promotion Minister Sarath Amunugama told reporters Thursday. "We should be signing the agreement next week."

He says the first phase alone is likely to cost about 500 million dollars and will be built in over several years as it had happened in countries like Singapore and also in India.

JKH with P&O ports already operates a container terminal at Colombo port.

A port expansion known as the Colombo South Port project is already underway. The proposed reclamation project extends around the new South Port.

Amunugama says he wants to boost Sri Lanka's annual foreign direct investment (FDI) flows close to four billion US dollars from last year's 500 million US dollars.

A special 'Mega Projects' promotion unit has been set up at the Board of Investment of Sri Lanka to fast track the largest projects.

Amunugama says several large projects are in the pipeline including an 800 million US dollar mass rapid transit system for Colombo and several ventures connected to Hambantota industrial port at the southern tip of the island.

This includes a refinery by Star Petroleum of Dubai costing around a billion dollars. Amunugama says a Dubai firm has also asked to setup a sugar refinery at Hambantota.

The 450 million dollar Hambantota industrial port is to be built by two Chinese construction firms, China Harbor Engineering Company Limited and Syno Hydro Corporation with Chinese government funding.

http://www.lankabusinessonline.com/f...&SEARCH_TERM=4

[phil.froelich]

what will this new area be called, Keells Island Colombo 16...haha.

[saraprobe]

What they gonna do in their? Terminal or real estate! May be something like a palm tree, ohh i forgot it would be mihin island wouldn't it! Anyway good on them!