2012-13 was a year of many achievements, with the Port being able to achieve most of the things that it set out to do.
The most significant development was the grant of cabotage waiver by the Government of India to the International Container Transhipment Terminal, Vallarpadam. Cochin Port issued the final Trade Notices for the waiver in December, 2012 and predictably enough, the ICTT has shown growth in traffic.
The Port has declared 14.5 m. draft at the ICTT today.
We are sure that once traffic picks up at the ICTT, DP World will declare the launch of the second phase of the project.
Outside the ICTT one CFS is already functional and work on two other CFSs is proceeding fast. The four lane National Highway connectivity to the terminal is expected to be completed by May, 2013.
Cochin Customs are installing a Container Scanner at the ICTT. The Commerce Department is funding the upgradation of the electrical distribution network to ensure quality power at the terminal.
The Port expects to award the project for the development of the 102 acre Free Trade Warehousing Zone on Willingdon Island this year. One more CFS on Vallarpadam will be awarded this year. These developments should give logistics a big boost in Cochin.
The Port was able to award 3 of the 4 projects set for it by the Ministry of Shipping for 2012-13. A Ship Repair Facility is being developed in the Port area on the western side of the Mattancherry channel by the successful bidder for the project, viz. Cochin Shipyard Ltd. They are investing about Rs.500 crores in the project. A unique feature of the project is that they are taking around 240 workers from the Port for implementing the project.
The second major project to be awarded was the development of the 4.1 MMTPA Multi User Liquid Terminal (MULT) to Indian Oil Corporation Ltd (IOCL). IOCL will fund the construction of the Rs.170 crore berthing structure, which, when complete, will berth vessels with 230 m LOA, 13 m draft and 80,000 DWT. This jetty will service IOCL's LPG storage facility in Puthuvypeen, and in the process, reduce road transport of LPG through Kerala.
The MULT will also serve as a Bunkering Terminal for 204 days in a year. The Port will offer 108 acres of backup area in the Puthuvypeen SEZ to tank farms, where operators may import duty-free bunkers and stock for bunkering.
A third project commissioned during the year was a 40 Tonne Mobile Harbour Crane on Willingdon Island at Ernakulam Wharf.
The Port also commissioned Samudrika, a 1,500 sq.m Cruise Facilitation Centre on Willingdon Island at BTP jetty, to facilitate calls by the cruise vessels. The project was funded by the Union Ministry of Tourism and Kerala's Tourism Department. The Union Ministry of Tourism has sanctioned another project for extension of the cruise berth to enable the Port to service bigger cruise vessels also near the Cruise Facilitation Centre.
Ultratech's cement bagging facility has come on stream this year; thus now Cochin Port has two such facilities, with another similar facility from Zuari Cements Ltd waiting for approval.
Petronet LNG Ltd. has almost commissioned their 5 MMTPA capacity LNG terminal at Cochin.
We hope to get the first ship at the LNG terminal by July, 2013.
In the coming year the Port hopes to award a project for reconstruction of 400 m. of berth on Mattancherry Wharf and a 14.5 m. deep coal terminal on Ernakulam Wharf at Q8-Q9 berth.
The liquid cargo terminal on Q4 berth on Mattancherry Wharf serving the tank farms on Willingdon Island will be ready for operation in August, 2013.
The Port is also taking forward the development of the Cochin Outer Harbour Project which offers 7,000 m. of berth, around 2,000 acres of land, and most importantly, will reduce the siltation load in Cochin Port channels.
As anticipated, the year 2012-13 continued to be one of financial stress, but the employees of the Port showed exemplary courage and fortitude in adopting a stringent austerity regime. We are sure that we will strive together to help the Port achieve its place in the sun.