Trade Chronicle May June 2017

TRADE CHRONICLE
Ports & Shipping
Pakistan's first Mechanized Coal/Clinker
Cargo Terminal Handles 81,000 Tons Coal Ships
Pakistan's first state-of-the-art
mechanized, coal, clinker and
cement bulk cargo terminal at Port
Qasim has commenced its hot
commissioning to become fully
operational and achieved a
significant milestone by handling
the first coal cargo vessel of
41,000 tons to call the Terminal.
T h e S h i p M V A F R I C A N
FINFOOT which was 200 meter
long and 32 Meters wide, with a
Dead Weight Ton (DWT) of
61,219MT and a maximum draft
of 12.5 meters transported the coal
cargo of 41,510 metric tons
belonging to Awan Trading (Pvt)
Ltd, at PIBTL Terminal at Port
Qasim this recently.
PIBTL is a public listed company
quoted on Pakistan Stock
Exchange and is sponsored by the
Marine Group of Companies and
also partly financed by the
International Finance Corporation
(IFC), the private sector arm of the
World Bank Group. The company
has invested around
US$ 285 million in
the establishment of
the county's first and
only common user
Coal, Cement and
Clinker handling
terminal at Port
Qasim.
PIBTL, under a 30 year BOT
agreement with Port Qasim
Authority, has built its own jetty
and is equipped with two coal ship
unloading cranes and one
cement/clinker loading crane.
PIBT is capable of handling 12
million tons of cargo per annum
and has a storage yard spread on 62
acres.
The second coal vessel named
MV IRIS OLDENDORFF has
also docked at PIBTL recently,
carrying 39,550 metric tons of
coal with a DWT of 63,453
metric tons and the cargo
handling activities have already
been commenced.
A coal cargo ship with similar
tonnage of cargo currently takes
around seven days at KPT while
the same cargo can be handled
within two days at PIBTL due to
the modern and mechanized
handling system.
A fully operational PIBTL will
b r i n g e f f e c t i v e n e s s a n d
efficiencies for the port sector as
well as for the trade and industry to
match Pakistan's port throughputs
with the international standards of
excellence. PIBTL will not only be
easing off the existing port
congestions at KPT and PQA but
a l s o b e m i t i g a t i n g t h e
environmental and efficiency
concerns.
Hutchison Ports Pakistan sets
new vessel handling record
Hutchison Ports Pakistan, the
country's first deep-water
container terminal, has received
the first call of the Hyundai
Splendour, the largest container
ship to have ever visited the
terminal.
During the 8,600-TEU vessel's
stay, the terminal set a new
productivity record for Karachi,
handling 3,191 moves in just over
23 hours, or 140.18 moves per
hour. A total of 4,296 TEUs were
handled.
The terminal operator broke its
own previous record of 129
container moves per hour,
achieved during the call of the
6,200 TEU MSC Lucy on 17
January 2017. The port has already
broken its productivity record
twice since starting test operations
on 9 December 2016.
"We are happy with the way things
are progressing at the terminal,"
said CEO Captain Rashid Jamil.
"This ship marks the beginning of
a new era for mega vessels calling
at Pakistan. We have broken our
own previous productivity record
within a short span of time which
shows that we are succeeding in
bringing the efficiencies we had
aimed for. We will continue to do
so in the future as well.
TRADE CHRONICLE - May.~Jun. 2017 - Page # 33