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Enayam Port

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Tamil Research Institute<br />

RAPID TECHNO-ECONOMIC FEASIBILITY REPORT FOR<br />

DEVELOPMENT OF COLACHEL PORT AT TAMILNADU<br />

Indian container traffic trans-shipped FINAL REPORT through Colombo,<br />

Singapore and Klang expected to be ~7-11 Mn TEUs by 2025<br />

Indian Cargo transhipped through Colombo, Singapore, Klang<br />

in '000 TEUs<br />

2018 2020 2025 2030 2035 2040 2045<br />

Base Case<br />

Western Europe route 1,046 1,285 1,573 2,221 3,050 4,086 5,180<br />

East coast of North & Central America 1,340 1,641 1,846 2,554 3,473 4,653 5,899<br />

West coast of North & Central America 1,240 1,524 2,334 3,421 4,666 6,251 7,924<br />

Conservative Case<br />

Western Europe route 1,025 1,202 1,267 1,591 2,042 2,544 2,879<br />

East coast of North & Central America 1,313 1,536 1,485 1,824 2,313 2,873 3,225<br />

West coast of North & Central America 1,215 1,426 1,896 2,492 3,216 4,076 4,810<br />

Aggressive Case<br />

Western Europe route 1,025 1,337 1,844 2,911 4,471 6,513 8,046<br />

East coast of North & Central America 1,313 1,707 2,171 3,367 5,139 7,510 9,276<br />

West coast of North & Central America 1,215 1,586 2,693 4,334 6,480 9,263 11,454<br />

1. All estimates excluding TS cargo that is expected to<br />

be converted to gateway cargo in 2018<br />

2. All containers double counted due to TS<br />

Note: Assumptions - % of trans-shipment remains same<br />

Source:, IHS international trade data, BCG estimates<br />

Figure 67: Traffic on different routes for Indian trans-shipment traffic<br />

Traffic Projections<br />

Traffic projections: Trans-shipment traffic from India for<br />

Colachel estimated to reach 1.8- 4.4 Mn TEUs by 2030<br />

The following figure describes the projections for the trans-shipment traffic for <strong>Enayam</strong>. The traffic shares for<br />

<strong>Enayam</strong> are multiplied with the traffic estimates for each route to arrive at <strong>Enayam</strong>'s traffic.<br />

Colachel's<br />

share of TS<br />

traffic<br />

Container<br />

traffic<br />

growth<br />

Key Assumptions for traffic projections<br />

Colombo<br />

All routes<br />

S'pore,<br />

Klang<br />

Transatlantic<br />

routes<br />

S'pore,<br />

Klang<br />

Transpacific<br />

routes<br />

CAGR of<br />

container<br />

traffic (%)<br />

Assumptions<br />

Basis of<br />

assumptions<br />

10-50%<br />

rampup ~50% 50-65% • Assuming 2 of<br />

the leading liners<br />

shift to Colachel<br />

5-25% ~25% 25-40%<br />

1-5% ~5% 5-20%<br />

10-12% 6-8% 4-6%<br />

2015-2025 2026-2035 2035-2045<br />

• Low traffic in the<br />

initial years –<br />

shifting of routes<br />

to happen over a<br />

period of time<br />

• Higher GDP<br />

growth rate 6-<br />

7% in first 5<br />

years, tapers<br />

down to 4%<br />

Container traffic (in 'Mn TEUs)<br />

5<br />

4<br />

3<br />

2<br />

Traffic projections for India based TS<br />

1 0.7<br />

0.5<br />

0.4<br />

0<br />

2020<br />

Base Case<br />

Conservative Case<br />

Aggressive Case<br />

1.6<br />

0.7<br />

1.1<br />

2022<br />

2.9<br />

2.2<br />

1.4<br />

2025<br />

3.4<br />

2.5<br />

1.5<br />

2027<br />

4.4<br />

3.0<br />

1.8<br />

2030<br />

1. Traffic estimated only includes TS traffic for India<br />

2. Traffic excludes TS traffic from Chennai, VOC &<br />

Cochin that would get converted to Gateway<br />

traffic of Colachel (analysis in later pages)<br />

Figure 68: trans-shipment traffic projections<br />

Beyond India's traffic, <strong>Enayam</strong> would also gain share of Indian subcontinent traffic getting trans-shipped through<br />

Colombo. The following figure shows traffic projections for Indian subcontinent trans-shipment traffic that can be<br />

captured by <strong>Enayam</strong>.<br />

82<br />

www.tamilri.com

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