Kakinada Seaports in expansion mode

Staff Reporter

A joint venture with Singapore firm to commence soon

A turnover of about Rs 230 crores is expected

Construction of berths await environmental clearance

Kakinada: Kakinada Seaports Limited (KSL) handled 10.42 million tonnes of cargo in 2009-10, which is 33.3 percent higher than that of 2008-09 (7.80 mt).

It has aimed at 13 mt by the end of 2010-11. Expansion projects worth Rs 800 crores, including the construction of six new berths, are in different stages of implementation. Sembmarine Kakinada Limited, the KSL's joint venture with Singapore-based Sembawang Shipyard for ship-building repairing, is set to commence its activities in six months, KSL Chairman and Managing Director K.V. Rao told media persons here on Wednesday on the occasion of the port's 11th anniversary.

A turnover of about Rs 230 crores is expected for 2009-10 compared to roughly Rs 180 crores in 2009-10. KSL has targeted to handle 20 mt of cargo by 2012-13. The focus is on seashore infrastructure, ship/ cargo handling equipment, channel deepening, draft maintenance and related super structure facilities, which are essential to achieve the long-term goals.

Construction of three berths which can handle all varieties of cargo is in progress and the remaining three await environmental clearance.

Capital dredging of channel to 13.5 meters draft and widening to 160 meters for accommodating Panamax vessels is a major component of the expansion projects. Development of new yards and warehouses was attached due priority.

Offshore facility

Mr. Rao said Sembarine Kakinada Limited was being established to operate a marine and offshore facility catering to offshore drilling units and merchant vessels trading and operating in the K-G basin. Sembmarine would initially provide riser- equipment repairs, afloat repairs and modules fabrication. Within 3 to 5 years, it becomes a one-stop integrated offshore service facility offering repairs, servicing and new-building of offshore vessels and ships, riser / equipment repairs. A sum of $ 375 million was being invested in this project.

KSL Chief Operating Officer Y.S. Prasad, DGM (Operations) Capt. Jacob Satyaraju, AGM M Murali Krishna and others were present.