development of port komárno (sk) · 2019. 11. 20. · development of port komárno(sk) : | page 3...

11 November 2019 | Budapest

Development of

port Komárno (SK)

Master plan &

Feasibility study

Content

1 Introduction

2 Project timeline

3 Demand analysis

4 Strategic options

5 Next steps

Development of Port Komárno (SK) : | of 12


Goals of the Project & Current situation

Introduction

➢ Total area of the port - 64,3 ha

➢ Area of covered warehouse 0,6 ha

➢ Area of uncovered warehouse 2,6 ha

➢ Length of the loading edge 3 000 m

➢ Industrial spur length 13,8 km

➢ Number of cranes: 7, lifting capacity: 16 t

➢ Railway from Komárno station

➢ Road from Lehárova street

Port Komárno

The project aims to develop the port to increase the utilization of waterway transport in compliance with

EU objectives.

The development of the port will increase the employment rate.

The port development will attract the low-cost water transport and it will increase competitivity of local

entrepreneurs.

Goals of the Project

1

2

3

Komárno

Trnava

NitraBratislava

Dunaj

Development of Port Komárno (SK): | of 12


Master plan & Feasibility study timeline

Phase 1 Phase 2

Project timeline

2018 2019 2020 2021

Master Plan

• Technical evaluation

• Legal overview

• Comparative analysis

• Demand & commercial analysis

• Development options evaluation

• Technical analysis

• Full market analysis

• Stakeholder analysis

• Financial model

• Scenario analysis

Feasibility study

Cooperation with

stakeholders

Selection of economical

& technical advisor

• JASPERS

• Port of Bratislava

Final documentation for

Master plan and

Feasibility study for

public port Komárno

Current actions

Development of Port Komárno (SK): | of 12


Methodology

Demand analysis

Definition of

catchment area

Overview of

area, current

conditions &

high level water

transport

analysis

Identification of

potential

segments

High-level

estimate of

market size in

the region

Indicative

estimate of

transshipment

potential

Identification of

synergy effects

for

transportation

of goods

Long-term

forecast of

transshipped

volumes

1 2 3 4 5 6 7 8

National

production &

IWT transport

overview

National level Regional / Port level

Volume

Time2019 x 2045

Current volumes

Indicative estimate of potential

Ramp up period

Ramp-up periodDuring a ramp-up period it is expected that demand will consecutively converge to volumes at the level of Indicative estimate of potential. This is expected to

happen due to new technical equipment in the port and new service offering. This would require a time for potential customers to perceive new service offering

and to purchase. Example of possible ramp-up period for port showed on the Graph below.



Adjusted catchment area

M1 – 5 km, R1 – 75 km, planned R7 – 30 km

Infrastructure characteristics

Catchment area

PP Komárno

Expected

catchment area

PP Bratislava

Demand analysis

Characteristics of catchment area

Potential segments

Bratislava, Budapest, Nitra, Levice, Nové Zámky

Range

95 km

Adjustment

Port of Bratislava

GDP

EUR 14,000m

Districts

7

Area

6,800 km²

Population

780,000

WOOD

CONTAINERSSTEEL

SECONDARY

CHEMISTRY

AGRICULTURE

AUTOMOTIVE

RAW MATERIALS



Trend analysis

Segment Trend High potentialAverage potentialLow potential

Construction

Renewables &

recyclable materials

Agriculture and

forestry

Petrochemicals

Raw materials

Machines

Containers

Chemicals

• Cement

• Bricks

• Iron• Steel

• Sand

• Artificial fertilizers

• Polymers

• Nitrates

• Used plastics

• Glass

• Waste wood

• Paper

• Wood

• Rape• Sugar cane

• Bioethanol

• Biodiesel

• Wheat

• Corn

• Soy

• Crude oil

• Gasoline

• LNG

• Coal

• Salt

• Cisterns

• Gas

• Cars

• Tractors

• Transformers and generators

Demand analysis

Source: Report of Danube perspectives 2016, Danube Logistics report 2017, danube-logistics.info



Historický vývoj prekladu VP Komárno

0

50 000

100 000

150 000

Agriculture Chemistry Iron & steel Raw materials

Vo

lum

e in

to

ns

EXPORT PP Komárno 2013-2017

2013 2014 2015 2016 2017

*Note: commodities included in segments

Agriculture – corn, wheat soy, cole, barley

Chemistry – fertilizers, caliche

Steel & iron – iron, iron gears, iron construction

Eaw materials – manganese, coal, coke, iron ore

Wood – wooden pelets

➢ Agricultural commodities – growth trend up to 2016 –

accounts for 45%-85% of transshipment volume

➢ Chemistry – fertilizers – diminishing export at level of 10,000

tons

Volumes estimated in Demand analysis of Master plan Historical development in TOP4 segments in PP Komárno

Estimated potential volumes

compared to historical levels

Demand analysis

➢ Strong presence of agriculture salesmen and wholesalers

supported by in interest from this sector

➢ Growing segment of secondary materials with price

pressures

➢ Automotive segment considered from slow moving parts

for new manufacturing plan in Nitra

Estimated potential volumes

453,000 tons

Average volumes 2013-2017

162,000 tons

Agiculture Chemistry Iron & Construction

Raw materials Secondary materials Automotive

Forestry Others Import

Commodity

structure



Overview of selected development

options

Development options

Option

Short

description

Benefits

Risks

0 1a 1b 3b

Zero “Veľký Harčáš“ VH reductionBoat on the river –

zone plan conformity

Port will remain in the

current state as it is, in

terms of location,

technical facilities and

commodity structure.

• Low-to-zero

investment

requirements

• No negotiations

required

• Declining volumes

and revenues

• Frozen relationships

with current operator

• Low utilization of

equipment

Relocation of the port to

new area, which is in line

with zoning plan with

development of new pool

with maximum transhipment

capacity of 48,000 ths./day.

• Potential for industrial

zone development

• Lower polution and noise

level

• Conformity with zoning

plan

• Enviromentaly protected

areas nearby

• Multiple land buy-outs

required

• Need for infrastructure

development

Relocation of the port to

new area, which is in line

with zoning plan with

reduced areas for pools &

manupulation to ensure

economical feasibility.

• Economic feasibility

• Potential for industrial

zone development

• Lower polution and noise

level

• Conformity with zoning

plan

• Enviromentaly protected

areas nearby

• Multiple land buy-outs

required

• Need for infrastructure

development

• Lower investment

requirements than relocation

• Land owned by port authority

• Current infrastructure

utilization

• Relax zones development

near the city center

Development of the port in

the current location around

“East pool”, construction of

Ro-Ro ramp and full

infrastructure connections.

• Non-conformity with

zoning plan

• Land leased up to 2027

• No flood protection

• Danube base preparation

using heavy machinery

CurrentPreferred

optionSecond best option

Port capacity / cargo

loading positions3.0m t / 10 7.2m t / 12 6.0m t / 10 1.8m t / 3



Preferred development option overview

Development options

➢ Construction of parking for ships at vertical

edge

➢ 3 positions for reloading in a total length of

500 m

➢ 3 long-term & 2 short-term waiting positions

➢ 20-40 positions for small ships parking

Option No. Characteristic

3b

Option working

name:

„BOAT on the

river – zone plan

conformity“

➢ At the bridging of the pool position Ro-

Ro for reloading of trucks

➢ Assumption

➢ Peak time reloading max. 6 000

tons/day, year performance of

the port 0,6 mil ton.



Next steps

Development of the port Komárno

Output

Commercial

analysis

Technical

study

Financing

terms

Financial

analysisInputs

Risk-adjusted

forecasts

Step I

Risk analysis

Step II Step III

Base case cash-flows assumptions Base case cash-flows generation & allocation Risk analysis

JASPERS

feedback

Financial

(cash-flow)

model

Feasibility study preparation

Comparative

analysis

Feasibility

study

report

Report

Port authority

feedback

Stakeholder

analysisInvestment

requirementsOther master

plan inputs

EY | Assurance | Tax | Transactions | Advisory

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of themember firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

© 2019 Ernst & Young, s.r.o. | Ernst & Young Audit, s.r.o. | E & Y Valuations s.r.o.All Rights Reserved.

This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.

ey.com

development of port komárno (sk) · 2019. 11. 20. · development of port komárno(sk) : | page 3...

Documents