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Dr Chris Whitaker
Chairman, James Point Pty Ltd
SW Corridor Strategic Planning afternoon
Thursday January 29th 2009
James Point Port at Kwinana:
“Development Snapshot”
Who?
What?
Where?
When?
Why?
What next?
www.jamespoint.com.au
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WHO? - JPPL at a glance …
www.jamespoint.com.au
• WA-based private company
• 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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• Formed in 1997 to respond to EoI and then RFP from WA Government
WHAT?
www.jamespoint.com.au
• 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?
www.jamespoint.com.au
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WHEN?
www.jamespoint.com.au
• 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 common-user bulk berths:
www.jamespoint.com.au
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• 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
WHY? Market demand for additional container facilities
www.jamespoint.com.au
• 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?
www.jamespoint.com.au
• 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”
www.jamespoint.com.au
• 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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