Tanjung Priok super port - WorldCargo News Online

Hold-up for Lekki
Construction of the new port of Lekki in impact assessment had been received.
Nigeria has been delayed. The project was As previously reported, the deep water
originally scheduled to open last year and port is being developed by Singapore’s
latterly was expected to be completed in Tolaram Group, which aims to promote
2015. This date has now been put back to it as a transhipment port, as well as an
2016 at the earliest and, given the delays entrepôt for trade in Lagos State. Located
about 60 km east of Lagos, the port
that have affected development to date, it
may not open until sometime after that. will be ideally situated to serve one of
No official explanation has been the world’s biggest cities. The container
given for the slippage in the timetable, terminal, set to be operated by ICTSI
but some sources in Nigeria have suggested
that there could be funding diffi-
handling capacity of 2.5M TEU a year,
under contract from Tolaram, will have
culties. Responding to such reports, the which will make it the biggest container
facility in Nigeria. China Harbour
managing director of Lekki Free Trade
Zone, Haresh Aswani, said that construction
would begin as soon as World the EPC turnkey contract to develop
Engineering Company has been awarded
Bank approval and the full environmental the entire port, including the container,
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The Lekki project is subject to further delay
dry bulk and liquid bulk terminals.
Aswani said that US$800M out of the
required US$1.55B funding had already
been put in place and that 33 out of the
36 required permits had been received,
allowing the project to be completed by
2016. He added that the project would
“create close to 163,000 new jobs and
spur economic development.”
Transiidikeskuse (TK), the company
that operates Muuga Container Terminal
(MCT) in the Estonian port (Noviy
Tallinn), has acquired Rail Garant
Estonia (RGE), up to now the local affiliate
of Russia’s major privately owned
industrial rail carrier Rail Garant
(RG) and the designated operator of
Muuga’s prospective second container
terminal.
TK’s chairman Erik Laidvee said
that MCT will soon reach the limit of
its capacity. The facility occupies just
21-ha, but traffic has grown very quickly
in the past 2-3 years. In 2012 MCT
handled almost 225,000 TEU, 15%
more than the figure in 2011, which itself
was 30% up on 2010, so the acquisi-
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tion allows TK to increase its business.
Initially the new terminal will occupy
27-ha, but there is a further 44-ha in
reserve.
“Our company’s development plan
has always called for an expansion of
the [existing] container terminal,” said
Laidvee, “so now we can achieve our
ambition to develop one of the Baltic
region’s largest container terminals.”
TK has taken over not only the
building rights on the new terminal,
but has also concluded a stevedoring
agreement with RG enabling it to handle
the Russian group’s container traffic
via Muuga. It will proceed immediately
with phase 1, with an installed capacity
of 150,000 TEU. Completion is slated
for July 2014.
This is somewhat later than the port’s
plan. RG started building the new facility
in January last year and committed
to have the first stage ready by the first
quarter of this year, but the work came
to a virtual standstill in the second half
of 2012.
The value of the transaction between
TK and RG has not been disclosed,
but the deal puts an end to the dispute
between the two companies stirred up
in April 2011 when RGE beat TK in
the tender for the concession rights
over the new facility. Under fire from
TK, the port authority stated that it had
chosen RG because the Russian transportation
group would be able to secure
steady container traffic over Muuga. TK
countered that RG had no experience
of port operations and could not make
any guarantees on transit business.
On the basis of RG’s plans to build
a network of inland container rail
terminals in Russia, the port authority
undertook to develop a new rail yard
adjacent to Muuga railway station
with new approach lines and four or
five 1000m long tracks to handle full
length trains.
New port for
Walvis Bay
The government of Namibia is
considering the development of an
entirely new port in Walvis Bay, about
3 km north of the existing harbour.
Plans to construct a new container
terminal at the existing port had been
delayed, apparently because of funding
difficulties. However, it appears that
government uncertainty over the
project stemmed from consideration of
the far more ambitious scheme. There
is little room for expansion around the
existing port, which is hemmed in by
residential areas.
Apart from a container terminal with
handling capacity of 2M TEU/year,
a coal terminal is expected to be constructed
to handle coal exports from
Botswana, along with liquid bulk, breakbulk
and multi-purpose terminals.
Officials have hinted that the port
will be operated by the state-owned
Namibia Port Authority (Namport) on
land that is already owned by the state.
There is sufficient available land for both
the port and a proposed industrial park.
A harbour entrance channel and part of
the deepwater harbour basin must be
dredged and about 10 kms of quay wall
constructed.
Reports in the Namibian press suggest
that the Chinese government will
help to fund the project. Located much
further north west than any South African
port, trade via Walvis Bay would
shave days off shipping between North
America or Europe and Southern Africa.
However, China’s involvement
could suggest that the coal terminal,
which will primarily handle coal bound
for Asia, is a key part of the vision. The
Export-Import Bank of China had offered
to provide funding for the new
container terminal at the existing port
via a 20-year loan with an interest rate of
just 2% a year. This funding may now be
transferred to the new venture, as long as
a Chinese company is awarded the construction
contract.
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TOC AM13 con ad 210x297_WCN.indd 1 12/06/2013 14:14
May 2013