This is a naturally protected port because of protection from the Hope Island of 17 KM length. With the ADB loan assistance, 1050 Mts. Island breakwaters, 3 Deep Water Port berths and an approach channel with an initial depth of 10.5 Mts. has been developed in the first phase to handle vessels up to 30.000 DWT with a provision for dredging up to 13 mts. in the second phase to handle ships up to 60,000 DWT. With this a large tranquil basin of about 100 Sq. Km has been created. There is great scope for development and a master Development Plan was prepared for 13 berths, 6 shore connected and 7 off shore berths. This port with 3 Deep Water Berths is being operated from November, 1996. This Port has been privatized and handed over to M/s ISPL (International Sea Ports Pvt. Ltd.) Singapore on OMST (Operate, Manage, Share and Transfer) principles for a period of 20 years. An agreement was entered into on 19-3-1999 and they are operating the Port w.e.f. 1-4-1999 successfully. First right of offer for development of further Port related facilities was given to them. They have to develop another berth. They have dredged the approach channel to 13 Mts. depth to handle large size vessels up to 60,000 DWT. |