Download
slide1 n.
Skip this Video
Loading SlideShow in 5 Seconds..
Dry Bulk Terminals vs. Offshore Transshipment PowerPoint Presentation
Download Presentation
Dry Bulk Terminals vs. Offshore Transshipment

Dry Bulk Terminals vs. Offshore Transshipment

235 Views Download Presentation
Download Presentation

Dry Bulk Terminals vs. Offshore Transshipment

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. Dry Bulk Terminals vs. Offshore Transshipment ICHCA International Conference “Changes to Trade & Shipping in the 21st Century” Busan, S. Korea May 2008

  2. The Fundamental Concept of “Transshipment” Transshipment requires the ‘port’ to move to the ship, instead of the ship moving to the port.

  3. Shipping in the 21st Century • An increasingly interdependent and highly interconnected world of trade in both goods and services • Seaborne cargo volume exceeds all other modes of transport combined • Port congestion always leads to serious bottlenecks, creating scarcity and severe wastage of resources • Efficient movement of bulk materials will dictate the fortunes of food and energy sectors in the very near future

  4. Shipping in the 21st Century • Port infrastructure and real estate will be proven to be an increasingly major cost factor in all parts of the world. • Reliable transshipment solutions for both imports and exports will be sought at all high-volume ports. • Self-unloading bulk carriers equipped with continuous unloaders will be employed more commonly. • Efficiency in land movement of cargo will demand equivalent efficiency from the marine sector also.

  5. Shipping in the 21st Century • Annual world seaborne trade of coal is in excess of 900 million tonnes (out of a total estimated production of five billion tonnes). • Annual world seaborne trade of iron ore is expected to be well in excess of 600 million tonnes (out of a total estimated requirement of 1.5 billion tonnes, not including the 0.5 billion tonnes in scrap metal consumed worldwide) • At present, the world does not have the port capacity to meet future volumes.

  6. Shipping in the 21st Century Therefore…, We will have to boost the current capacity to load bulk cargo into export vessels through innovative ideas like offshore transshipment and / or transportation in unconventional and alternate forms, such as coal slurry or iron ore slurry carried in specially constructed vessels.

  7. PORT DEVELOPMENT

  8. Typical Port Development Sequence

  9. Typical Port Development Sequence

  10. Typical Port Development Sequence

  11. Marginal Wharf Bridgetown, Barbados

  12. Port of Quebec Quebec City, Canada

  13. Typical Port Development Sequence

  14. A Powerful Solution for the New Era of Marine Transport

  15. When to Transship …..

  16. Typical Assumptions …..

  17. 24 Months = $4.08 / t 18 Months = $3.24 / t 12 Months = $2.30 / t 6 Months = $1.22 / t Operating Cost Available to Accelerate First Delivery Without Eroding NPV of Project EBITDA

  18. Replaces Capex with Opex ….. At 30% OCC, each $10,000,000 CAPEX equals $0.38/ t OPEX

  19. The Math …..

  20. Sub-Total ….. WITH ZERO NET IMPACT ON PROJECT FEASIBILITY

  21. Eliminates Demurrage Risk …..

  22. Why it Works …..?

  23. The Seabulk Solution ….. The Seabulk Solution re-writes the basic risk-sharing equation

  24. Transshipment - Evolution

  25. Summary…Transshipment Offers a Viable Alternative to the Port.