VCT II

active

 Visakha Container Terminal Private Limited (“VCTPL” or the “Company” or “Terminal”) is a joint venture between International Cargo Terminals & Infrastructure Pvt. Ltd. (formerly known as United Liner Agencies of India (Private) Limited, a J.M. Baxi Group Company) and DP World. VCTPL, since June 2003, operates an all-weather container terminal (the “Terminal 1”) located in the Outer Harbor of existing operational multi cargo port operated by Visakhapatnam Port Trust (“VPT”) on the east coast of India. VPT has in all 18 berths in the inner harbor and seven berths in the outer harbor. VCTPL’s existing container terminal is one of the seven berths in the outer harbor. VPT is in the process of modernizing its existing iron ore handling operations, adding new berths/facilities for enhancing cargo handling capacity in the inner harbor, and extending existing container terminal in the outer harbor. The proposed extension of container berth has been awarded as a 30-year concession by VPT to VCTPL to develop, operate & maintain a 395-meter extension of the existing 449m berth/container terminal (“VCT II” or the “Project” or “Terminal 2”). EPC contracts for the project is in the process of being finalized. Construction period is 24 months and is expected to commence from May 2019. IFC is considering extending an A loan to VCTPL to part finance the project.  The project involves: construction of a berth (395 x 34 m); construction of a 22 x 22 m mooring dolphin; reclamation and filling (300 m x 470 m involving about 1 million  m3 of fill); construction of 562 m rock bund; construction of heavy and light duty pavement (200 m x 375 m); 476 m storm water drainage system; and buildings including gate complex, workshop, customs, diesel generator (DG) house, fuel station, fire pump room, compound wall, administrative office and labor amenities. The project will purchase and deploy: three ship to shore - rail mounted gantry/quay cranes (RMQCs); nine eco-rubber tyred gantry cranes (e-RTGC); 24 internal transfer vehicles (ITVs); five reach stackers; and one top lift truck. Terminal 2 will have in all 3108 twenty feet ground slots (TGS) over a 6.58ha (65,800 m2 area). Terminal 2 will have a peak container throughput of 0.75 million TEUs. These facilities are envisaged within the existing outer harbor, no new land acquisition is proposed for the project and no extension of/changes in existing breakwaters is proposed on account of the project. VPT is in the process of making a common access road, which will eventually be used to access its future berths in the proposed outer harbor to outer harbor as and when that is built. This road will also provide access to Terminal 2 site. This common access road is being built by widening an existing road immediately outside and adjoining VCTPL’s boundary, which was the main access to the fishing harbor and VPT’s port control building. Since VPT’s plan for outer harbor to outer harbor is in very early stage of conceptualization, the common access road is considered an associated facility of the project. VPT has, for the common access road, taken back about 13,500 m2 of land it had leased to VCTPL, has taken some land from the Indian Oil tank farm area and has relocated to a nearby place within the fishing harbor area, some fish auction/packing stalls,  shops and a canteen that were in the alignment of the common access road. The existing Terminal 1 has a quay length of 449 meters and a draught of 16.5 meters alongside. The terminal is spread over 164,400 m2 and has 2412 TGS over a 7.5 ha (75000 m2 area). Further, Terminal 1 is equipped with modern container handling equipment, including six RMQCs, ten RTGCs, five reach stackers (leased), one fork lift and 30 ITVs. Moreover, Terminal 1 also has 360 reefer plug points, three 1250 kVA DGs for backup power, weigh bridge, round the clock VHF communication, facilities for supply of fresh water to ships, two full rake length railway siding, truck movement and parking areas, and IT infrastructure providing computerized environment for all of the terminal activities. A 6-acre area has been provided by VPT within the port premises to stack empty containers as part of the VCT-II project.  The company has a container freight station (CFS) on a 28 acre land leased from VPT located about 12 km from Terminal 1. The CFS has leased 5 reach stackers, 4 hydra cranes, 1 empty handler reach stacker and 40 external transport vehicles (ETVs) for transporting containers from CFS to the Terminal 1. The CFS has 795 ground slots with 4 high stacking. Container stuffing undertaken at the CFS mostly involves ferro chrome, paper, quick lime and agri commodities. VCTPL receives about 30 full rake container trains per month and 600 container trucks everyday by road directly from industries and CFSs. Post project, when Terminal 2 becomes operational, container train traffic is expected to increase to about 60 trains per month and road container inflow is expected to increase to about 1200 trucks per day. VCTPL has set up a pre-gate truck parking area in a common service facility of 8.5 acre set up by VPT. This pre-gate is 6 km from the Terminal 1 main gate. The registration formalities of each truck and biometric details of the driver is completed in the pre-gate area. Trucks are called by VCTPL’s security at the terminal’s main entry gate in small batches of 10 trucks at a time to allow smooth flow of traffic on the main road outside the terminal main gate. The container throughput from Terminal 1 is about 40,000 TEUs per month and 27 vessels arrive every month. Once Terminal 2 becomes operational, it is expected that vessel traffic will increase to about 40 vessels a month. Like in case of Terminal 1, in Terminal 2 also, the operations will primarily involve: (i) loading/unloading of containers from ships/vessels and the associated operations; (ii) loading/unloading of containers to/from road transport vehicles/trucks and container railway trains; (iii) receipt and dispatch of containers in the terminal area; (iv) storage of containers; (v) container survey activities; (vi) maintenance of equipment; and (vii) other activities such as office/administrative functions. VCTPL is responsible for only shore side activities as mentioned above. All marine side activities including berthing & securing of vessel, bunkering, vessel waste management and interaction with master of vessel is undertaken by VPT.  VCTPL can currently handle 0.55 million TEUs of container and, with completion of the expansion project, an additional 0.75] million TEU container can be handled.