Since the beginning of 2022, 85 major offshore construction projects have been launched with a total value of more than $45.6 billion. According to the GlobalData construction project database, the 10 most expensive port projects have a total cost of around $17 billion. This is about the same as last year. Construction of 84 offshore facilities will begin in 2021 at a lower cost of $39 billion.
Investing in ports through which goods pass is more important than ever at a time when supply chains are under scrutiny due to Russia’s invasion of Ukraine, rising energy prices and declining consumer costs of living. Almost half of all offshore projects launched in 2022 are port facilities projects (40) with a total value of more than $15 billion.
Here are the 10 most expensive sea, port and river construction projects that began construction last year.
The Angolan Ministry of Transport, in collaboration with Toyota Tsusho and TOA, is implementing the integrated development of the Namibe Bay port in Namibe, Angola.
The project aims to revive the economy in the south of the country, create jobs and diversify industry; at the same time, it will also enhance the potential of the port as an import and export gateway for the landlocked countries of the African continent.
The project includes the reconstruction of the Sacomar iron ore export terminal and the expansion of the Namibe container terminal.
The renovation of the Sacomar iron ore export terminal includes the construction of a new terminal and the development of outlying areas. The expansion of the Namibe Container Terminal includes the construction of a new container terminal, dredging and installation of container cranes.
The project will consist of two parts: first, the rehabilitation of the Saco Mar iron ore export terminal, and second, the expansion of the Namibe container terminal on the opposite bank of the Saco Mar.
The project is financed by the Japan Bank for International Cooperation and the Japan Export Investment Insurance Corporation. TOA Corporation will be responsible for the construction work. Construction began in the third quarter of 2022 and is expected to be completed in the second quarter of 2024.
Hutchison Port Holdings (HPH) and the Egyptian Navy are building a new container terminal in Aboukir, Egypt. The project involves the construction of the coastline of a new container terminal. Including storage yards, docks, dredging and reclamation projects, waterway improvement projects, bank protection and retaining walls, breakwaters and fire protection, water and electricity supply, pipeline networks and other associated ancillary structures and construction of ancillary structures.
When completed, the terminal will be able to handle 2 million 20-foot equivalent units (TEU), have a 1,200-meter berth length and a 60-hectare terminal area. China Harbor Engineering Company has been appointed as the general contractor, construction work is underway. Work began in the second half of 2022 and is expected to be completed in 2024.
The Sri Lanka Ports Authority, together with Adani International Port Holdings (a subsidiary of Adani Group) and John Kears Holdings, is building the Colombo West International Terminal in Colombo, Sri Lanka. Annual processing capacity of 3 million TEU (twenty feet equivalent) on 65 hectares of land. The new berth will be built in two stages: in the first stage, the construction company will build a 800m long berth, install 18 automatic berth cranes, build berths, docks, container storage berths, container repair workshops, a 1400m berth. meter berth, access roads and parking lots, installation of three barge cranes and security and safety systems.
BCI Minerals is building a salt and potassium sulfate processing plant in Mardi, Western Australia.
The project provides for the construction of a sulphate-potassium plant with an annual capacity of 5.35 million tons of high purity salt and 140,000 tons of high-quality fertilizers.
It includes the construction of a 100-square-kilometer evaporation pond and crystallizer, two processing plants, a new export facility, a centralized gas-fired power plant, a 2.4-kilometer marina, a 400-station residential camp, and a fluid bed plant. dryers and harvesters, mixers, pre-grinders and safety and security systems.
The main work started on March 25, 2022, the shipment of the first batch of salt is expected in the third quarter of 2025.
Abu Dhabi Ports has commenced construction of the CMA Terminals Khalifa port in Taweel, Abu Dhabi, UAE. The project was developed in two stages.
The first phase included the construction of 1,200 meters of quay walls, 3,800 meters of breakwaters, a fully built railway platform, refrigerated trucks, an 11 kV substation, installation of electric gantry drives (e-RTG) and other machinery, equipment and related products. objects .
The second phase will consist of a 1200 x 580m container yard (used as a general cargo jetty), 36 detached buildings, 610,000 flat pile roads, hubs, offices, toilets, an external road network linking the existing CT2 road and the future CT3 road, 3-story administration building and 2-story workshop and office building, outbuildings, ORC, entrance gates, reconfiguration of existing roads, installation of utilities from the existing CT1/CT2 network connection and development of Etihad Rail, 346,000 linear meters of specialized integrated pipeline network, electromechanical and communications equipment and related facilities.
Abu Dhabi Ports has signed a 35-year concession agreement with CMA CGM Group to develop the project. Construction work began in the third quarter of 2022 and should be completed in 2024.
The Cyprus Ports Authority is developing the Larnaca Port and Terminal in Larnaca, Cyprus.
The project aims to build world class cruise and terminal facilities, create an environmentally and economically sustainable green development, shape public and private spaces and places of worship, maximize the potential of the site and benefit Larnaca and development in the long term.
The project included the expansion of the terminal to 650 berths and the reconstruction of the port and adjacent areas to a total area of 510,000 square meters. It also includes an extension of the existing marina to accommodate 650 boats/yachts ranging in length from 5m to 150m.
Construction of the jetty began in the third quarter of 2022, with the entire project expected to be completed by the end of 2034, according to GlobalData.
Kampot Logistics and Port Company is building a multipurpose port and logistics center in Bokor, Kampot, Cambodia.
The project involves the construction of a multi-purpose port capable of receiving vessels up to 100,000 tons and a logistics center with an area of 600 hectares and will be developed in three stages. The project aims to strengthen the province of maritime transport and logistics services of Kampot. This will create 10,000 direct and indirect jobs.
The first stage includes the construction of a gatehouse, a parking lot, a residential area, an administrative building, a customs building, a business center, a truck overflow, a container yard and a terminal, a bulk cargo terminal, a bulk cargo terminal, a bonded warehouse area, a warehouse area, a bonded area, a cruise terminal, boat pier and multi-purpose storage facility.
The second stage includes the trading area, the third stage includes the oil storage area, the oil processing area, the oil terminal, the liquefied petroleum gas terminal and the liquefied natural gas terminal.
Once completed, the port will be able to handle 300,000 TEU in 2025 and 600,000 TEU in 2030.
China Road and Bridge Corporation and Shanghai Construction Engineering Group Corporation are conducting construction work.
BHP Billiton, a diversified natural resources company, has carried out modernization and refurbishment work as part of a de-bottlenecking project in the Inner Harbor in Western Australia, Australia.
The project includes the construction of the port’s export infrastructure to reduce the current throughput of 220 tons per year (MTPA) to over 290 million tons per year (MTPA). It includes the construction of ship loaders, dump trucks and port hybrid infrastructure.
The project, which is part of the Pilbara Port Hedland Expansion Project, will enable BHP Billiton to export iron ore in line with projected growth in the region’s production and remain competitive as market demand increases.
The Ministry of Tourism of the Dominican Republic is responsible for the development of tourism in Cabo Rojo, Dominican Republic.
The project includes the construction of six hotels with 4,700 rooms, a drinking water distribution system, a sanitary sewer system, a storm sewer system, a wastewater treatment plant, a Cabo Rojo port, four berths, a passenger reception center, and a water pipeline. parks, malls, spas and boutique hotels. It also includes a maintenance area, a beach area, 9.2 km of domestic sewage, storm sewer, 8.3 km of drinking water supply, a new cruise terminal, internal roads, the Enriquillo-Pedernales highway, a golf course, a marina, yachts -club. area and the international airport, as well as the expansion of the sea terminal to four berths.
The project will be implemented in four phases over 10 years. At the first stage there will be six hotels.
The goal of the project is to increase economic activity, develop highways, power plants, an airport, etc.
It will also create 20,000 direct jobs and 50,000 indirect jobs. This will create jobs throughout the Enriquillo region, which is made up of the provinces of Barahona, Pedernales, Independencia and Baoruco.
Voies Navigable De France (VNF) is developing the Northern Canal of the Seine between the Oise and Aubinchel-aux-Bacs in France.
The project provides for the construction of a canal with a width of 54 m, a depth of 4.5 m and a total length of 107.4 km, 7 locks, 3 canal bridges, 61 road and rail bridges, 2 loading and unloading berths, 1 reservoir. , 4 platforms, grain terminals, 5 seats, 1 channel. Roads and other objects.
The project will be built on 2,450 hectares of land and will include two railway bridges at Creil-Gemont and Amiens.
The project will be implemented in four phases: phase 1 (from Compiègne to Passel), phase 2 (from Passel to Allen), phase 3 (from Allen to Étricourt-Manancourt) and phase 4 (from Étricourt-Manancourt to Aubanchel-aux-Bacs) .
The aim of the project is to connect the Seine River in France with Belgium, Germany and the Netherlands, transporting about 13 million tons of goods along the river, which is the equivalent of 500,000 trucks per year, thereby reducing CO2 emissions in the region. This connection is included in the list of priority projects of the Trans-European Transport Network (TEN-T), one of the main projects in the core network corridor identified as a bottleneck: from the North Sea to the Mediterranean.
The project will create jobs for 10,000 people. Construction began in September 2022 and is expected to be completed in 2030.
Post time: Apr-03-2023