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i-maritime news letter

8 firms show interest in Kochi port's ship repair project - 2012-01-02

The proposal of the Kochi port to set up an international ship repair facility in its premises has received encouraging response, as is evident from the expressions of interest received from various companies for setting up the project. According to officials, the port had received as many as seven EOI's from various domestic companies as well as from the Bahrain-based Sultan Marine International. Cochin Shipyard Ltd also responded to the EoI. The port had floated the EoI in the first week of November and the due date for submission of the proposals was on December 15.
The proposal is to set up the ship repair facility on the 45 acre close to the Mattanchery wharf, where an old ship repair facility already exists on an 800 metre water frontage. The advantage of the area is that it is having NH connectivity as well as rail-sidings and lies in a sheltered location in the Mattancherry channel allowing all-weather operations.

The port will lease the workshop, dry dock and slipway for 30 years to the bidder. The officials pointed out that the proposed project is likely to be set up on a public-private partnership basis on the model of the operation of the Rajiv Gandhi Container Terminal by India Gateway Terminal Ltd. The 311 workers associated with the existing workshop and dry dock will be transferred to the BOT operator. The proposed project includes utilising the existing ship repair facility for repairing small floating crafts and establishing a new graving dock with associated facilities such as dock slide railings, power house, repair shops and cranes. The development of the yard with its entire infrastructure for carrying out ship repair activities will be the responsibility of the BOT operator. The successful bidder will have to pay upfront for the buildings, dry-dock, slipway and all other existing plants and equipment. The emergence of Kochi as a busy port and its being the closest port to the East-West shipping routes gives it a unique advantage in setting up a repair facility for ships. The port offers great potential for traffic of vessels ranging from barges to Panamax bulk carriers and VLCCs for bulk and liquid cargoes. The commissioning of the Vallarpadam container transhipment terminal offers added potential for a container repair as well. Besides, the impending commissioning of the LNG Terminal makes Kochi a suitable location for a ship repair facility that can service commercial vessels, offshore supply and service vessels, Coast Guard and Naval vessels, port service vessels as well as dredgers.

Source: Hindu Business Line