Transcript James Point Port at Kwinana: “Development Snapshot” Dr Chris Whitaker

James Point Port at Kwinana:
“Development Snapshot”
Dr Chris Whitaker
Chairman, James Point Pty Ltd
SW Corridor Strategic Planning afternoon
Thursday January 29th 2009
Who?
What?
Where?
When?
Why?
What next?
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WHO? - JPPL at a glance …
• WA-based private company
• Formed in 1997 to respond to EoI and then
RFP from WA Government
• Significant capability and expertise, including:
- maritime design and engineering
- maritime construction
- project management
- rock and fill resources
- financing
• Early 2008: Chris Whitaker appointed as
Chairman, and Ian Hutton as Chief Executive
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WHAT?
• Operating Agreement to build, own and operate new
port infrastructure in the Outer Harbour
• Stage 1: a new bulk facility
• Stage 2: a new international container facility
• Further stages possible
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WHERE?
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WHEN?
• Stage 1: a new bulk facility
… 2 years
• Stage 2: a new international container facility
… 5-6 years
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WHY? Market demand
for additional commonuser bulk berths:
• Clinker, slag, gypsum, coal, iron ore, pig iron,
dolomite, LPG etc - all currently use KBB2
@ Kwinana Bulk Terminal, operated by FPs
• Some significant delays (44% of ships in 2007/8),
demurrage costs, and economic impacts
• Is worsening as demand increases
• Will soon need about 2.5 x current capacity
• JPPL Stage 1 addresses this need
• Strong support from cargo owners
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WHY? Market demand for additional
container facilities
• Significant demand: growth @ 10% pa since 1990
• 580,345 TEUs handled at Inner Harbour 2007/8
• Differing views on ultimate capacity
• Landside connections are the main constraint to
further growth
• Three proposals: two from FPs, one from JPPL
• But only one will be developed in the foreseeable
future
• Long lead times - therefore require decision now
on who will provide it
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WHY JAMES POINT?
• Will bring competition in
provision of port infrastructure
provision of port services
price
service and innovation
• Less dredging than alternatives, and other
environmental advantages
• Less cost
• Less public debt
• Reduced risk for Government
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WHAT NEXT?
Getting land-side connections right is
a“critical success factor”
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A Government responsibility under Operating
Agreement
- Stage 1 addressed in some detail
- Stage 2 addressed in concept
Importance of long-term vision and planning
Opportunity remains to get it right
Dedicated freight routes (road and rail) linking
to intermodal hubs
Implementation can be staged, as port grows
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