ABG/Voltri win Kandla box terminal concession
Indias ABG Heavy Engineering in partnership with Genovabased Voltri Terminals has been awarded a contract to develop and operate a US$46m container terminal at Kandla port. Its bid, which involves a 48.997% revenue share, was more attractive than those tendered by either Afcons/Hamburg Port Authority or Gammon India/Mersey Docks & Harbour, which offered 33.399% and 16.974% respectively of their annual revenues.
ICTSI will introduce its management and operating expertise to Toamasina as well as undertake key investments in order to upgrade containerhandling services. Investment will take place on a phased basis in line with trade requirements, and will initially concentrate on developing and properly equipping a clearly defined container handling area at the rear of the two berths, C2 and C3, presently employed for container handling as well as consistently achieving efficient container handling operations over the quay.
The two-berth facility, whose 520 metre long quay has alongside an draught of 13.5 metres, is expected to generate a throughput of 500,000TEUs per annum.
Kandla currently has 11 operational berths to which it will add a further nine over the next five years with the aim of doubling the current throughput of 41.54 million tons. The first new berth is already under construction while a further two have been approved by the Port Trust, with finance generated through internal revenues. The other four berths are to be taken forward as BOTs by the private sector.