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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Magampura is filled with ships–Harbour space not enough ?? Discuss!!

Magampura is filled with ships–Harbour space not enough ?? Discuss!!

Go down  Message [Page 1 of 1]

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
The vehicle importers have requested the ports authority to construct more warehouses as the space is not enough in the Magampura harbour.

At the moment, there are 5 ships are anchored out of harbour due to space issue.

The Chairman of the Ports Authority Bandu Priyath Wickrama says that there are 20 ships with 20,000 vehicles coming in  to the harbour per month.

He further said that out of the 20,000 cars per month, 13,000 are re-exported and there will be new warehouses constructed to minimize the rush.

http://lankacnews.com/english/main-news/magampura-is-filled-with-ships-harbour-space-not-enough/

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
What ever said and done this is a golden long term investment done by the goverment. Every body will understand it in one decade time. These kind of ionvestment need long time to get capitalize. Happy to see these kind of news ..................

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics
I am wondering still people are following websites like http://lankacnews.com/ and http://lankaenews.com/

K.Haputantri

K.Haputantri
Co-Admin
e is suspended in SL as its anti-govt and c is allowed its being pro govt. Both are not independant media. confused



Last edited by K.Haputantri on Mon Oct 07, 2013 10:37 pm; edited 1 time in total

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
20,000 units from 2o vessels = 1000 units per vessel...  

OMG these may be  Ferries  & Not Ro - Ro car carriers...! just my penny...Very Happy 


to check Average Capacity ... go to below link

https://www.google.lk/search?biw=933&bih=430&noj=1&q=Ro-ro+car+carriesr%2Baverage+capacity&oq=Ro-ro+car+carriesr%2Baverage+capacity&gs_l=serp.3..30i10.60537.72463.0.72891.37.36.0.0.0.0.492.8567.7j7j9j11j2.36.0....0...1c.1.27.serp..16.21.3903.IgjbUtSgU-8

seek


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
C news is run by ministor Weerawansha

hettdas

hettdas
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Arena wrote:What ever said and done this is a golden long term investment done by the goverment. Every body will understand it in one decade time. These kind of ionvestment need long time to get capitalize. Happy to see these kind of news ..................
Evil or Very Mad Evil or Very Mad Evil or Very Mad 

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@RIO wrote:20,000 units from 2o vessels = 1000 units per vessel...  

OMG these may be  Ferries  & Not Ro - Ro car carriers...! just my penny...Very Happy 


to check Average Capacity ... go to below link

https://www.google.lk/search?biw=933&bih=430&noj=1&q=Ro-ro+car+carriesr%2Baverage+capacity&oq=Ro-ro+car+carriesr%2Baverage+capacity&gs_l=serp.3..30i10.60537.72463.0.72891.37.36.0.0.0.0.492.8567.7j7j9j11j2.36.0....0...1c.1.27.serp..16.21.3903.IgjbUtSgU-8
 Just to add some points...

This figure is mainly of re-port vehicles. 
I suspect they bring in cars from India using small vessels and re export to far away countries using bigger ships. 


For those who do not like pro-Govt Cnews I give Sunday Leader Smile  http://www.thesundayleader.lk/2013/09/01/hambantota-port-100th-vehicle-carrier-arrives/..

.......expressing views on its maiden call at MRMRP, the Master of the vessel Capt. Bochkaryov Sergiy said that MRMRP is one of the best-performing ports in the region and growing recognition as one of the front-rank international maritime centers.......  

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Congestion at Hambantota port: Vessels anchored in outer harbour await bunkering
Expansion on the cards to meet growing demand


By Suresh Perera

The government will go ahead with the proposed expansion of the newly-built, US$ multi-million Hambantota port as more berths are required to handle the prevailing shipping congestion, a top industry official said.

"The two existing berths are fully occupied and there are vessels anchored in the outer harbor awaiting bunkering", says Dr. Priyath B. Wickrama, Chairman, Sri Lanka Ports Authority (SLPA).

Dismissing as "absolute nonsense" claims that this maritime facility in Sri Lanka’s Southern province is a "white elephant", he asserted that the port is very active now and a few more general cargo berths are needed to cater to the growing demand from shippers.

As a regional trans-shipment port, Hambantota offers immense potential, the Chairman underscored. "After Phase 11 of this ambitious project is completed, we can go for more shipping lines and generate greater volumes of business".

The Hambantota port, built at an estimated cost of US$ 361 million by M/s China Harbor Engineering Company and Sinohydro Corporation Joint Venture, began in January 2008 and was completed within the targeted 39 months.Reacting further to flak that "Hambantota is a port without vessels", Wickrama said, "The port is now doing brisk business.

As a long-term infrastructure development project, it took us some time to reach full capacity. After three years, the port has now reached its full potential".

Referring to the Jaya Terminal of the Colombo port, he pointed out that it was after a lapse of 20 years that the one million TEU (container) target was achieved. It took another four years for this turnout to climb to six million.

Long-term infrastructure development projects such as ports do not achieve their full potential overnight, the SLPA boss continued. "It takes time and the wait pays in the end".

"These are huge investments. The benefits of long-term developments projects are passed on to future generations. They are for posterity. We are now reaping the full benefits of such projects launched years ago", Wickrama noted.

It is unfortunate that there people who project a negative image without understanding the fundamentals of a long-term infrastructure development project, he opined. "We have to move step by step with confidence".

Q: At the Hambantota port, how many new berths are you looking at to handle the growing demand?

A: Three more general cargo berths. We will need seven to meet the demand over the next 10 years. Thereafter, we have to expand again. This is considered a free port and there is significant investor interest in the zone itself.

Q: Does this port have the depth to accommodate any wide-bodied, modern vessel?

A: Yes, it can handle any big ship. In fact, there are only 15 ports of this depth in the world which can take in the big vessels. Even ports in some developed countries don’t have the depth and crane reach to handle wide-bodies vessels.

We have installed cross cranes at an enormous height. The Colombo port has the world’s largest cranes.

Q: How would you respond to criticism that Hambantota was not a suitable location for a port?

Q: This is totally unfounded. This was the best location for a port in Sri Lanka. Around 1,000-2,000 years ago one of the world’s busiest ports was at located at a place called Godavaya, about 2-3 km from the present site. Hambantota at the time was the main base for trading. It was after colonization that Colombo and Galle were converted as their bases.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
I personally uphold the need and the location for a Hambantota port. However my opinion , about Mattala Airport is not the same.




@Monster wrote:Congestion at Hambantota port: Vessels anchored in outer harbour await bunkering
Expansion on the cards to meet growing demand


By Suresh Perera

The government will go ahead with the proposed expansion of the newly-built, US$ multi-million Hambantota port as more berths are required to handle the prevailing shipping congestion, a top industry official said.

"The two existing berths are fully occupied and there are vessels anchored in the outer harbor awaiting bunkering", says Dr. Priyath B. Wickrama, Chairman, Sri Lanka Ports Authority (SLPA).

Dismissing as "absolute nonsense" claims that this maritime facility in Sri Lanka’s Southern province is a "white elephant", he asserted that the port is very active now and a few more general cargo berths are needed to cater to the growing demand from shippers.

As a regional trans-shipment port, Hambantota offers immense potential, the Chairman underscored. "After Phase 11 of this ambitious project is completed, we can go for more shipping lines and generate greater volumes of business".

The Hambantota port, built at an estimated cost of US$ 361 million by M/s China Harbor Engineering Company and Sinohydro Corporation Joint Venture, began in January 2008 and was completed within the targeted 39 months.Reacting further to flak that "Hambantota is a port without vessels", Wickrama said, "The port is now doing brisk business.

As a long-term infrastructure development project, it took us some time to reach full capacity. After three years, the port has now reached its full potential".

Referring to the Jaya Terminal of the Colombo port, he pointed out that it was after a lapse of 20 years that the one million TEU (container) target was achieved. It took another four years for this turnout to climb to six million.

Long-term infrastructure development projects such as ports do not achieve their full potential overnight, the SLPA boss continued. "It takes time and the wait pays in the end".

"These are huge investments. The benefits of long-term developments projects are passed on to future generations. They are for posterity. We are now reaping the full benefits of such projects launched years ago", Wickrama noted.

It is unfortunate that there people who project a negative image without understanding the fundamentals of a long-term infrastructure development project, he opined. "We have to move step by step with confidence".

Q: At the Hambantota port, how many new berths are you looking at to handle the growing demand?

A: Three more general cargo berths. We will need seven to meet the demand over the next 10 years. Thereafter, we have to expand again. This is considered a free port and there is significant investor interest in the zone itself.

Q: Does this port have the depth to accommodate any wide-bodied, modern vessel?

A: Yes, it can handle any big ship. In fact, there are only 15 ports of this depth in the world which can take in the big vessels. Even ports in some developed countries don’t have the depth and crane reach to handle wide-bodies vessels.

We have installed cross cranes at an enormous height. The Colombo port has the world’s largest cranes.

Q: How would you respond to criticism that Hambantota was not a suitable location for a port?

Q: This is totally unfounded. This was the best location for a port in Sri Lanka. Around 1,000-2,000 years ago one of the world’s busiest ports was at located at a place called Godavaya, about 2-3 km from the present site. Hambantota at the time was the main base for trading. It was after colonization that Colombo and Galle were converted as their bases.

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@slstock wrote:I personally uphold the  need and the  location for a Hambantota port.  However my opinion , about Mattala Airport is not the same.
Agree with you.
However when people have no other option, they will have to go for what's available while forget about the logistics.

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