Oldendorff Carriers has signed a 5-year coal transportation agreement with the Bangladesh Chinese Power Company limited (BCPCL)’, to transport 20-25 million tonnes of coal to a new power station at Payra port.
Oldendorff provides a full transportation solution to BCPCL, which includes coal transportation from Indonesia or Australia with transshipment in Andaman & Nicobar to Payra power plant in Bangladesh. The coal transshipment allows BCPCL to take advantage of lower freight costs using large capesize vessels (180,000 tdw) to Andaman & Nicobar, and smaller vessels will deliver the cargo to BCPCL, due to draft restrictions at Payra port.
Our vessel Albert Oldendorff (93,272 tdw built 2010) is being converted to be the transshipment vessel in the Andaman Islands for this project. The vessel will be fitted with 3 x 36 MT side mounted cranes, two hoppers, two inclining cross conveyors and two telescopic booms. It is designed to transship cargo from one ship to another at 1,500 MT per hour.
The contract with BCPCL is split into 2 phases based on the power plant supply requirements. Initially, there will be direct shipments from Indonesia to Payra Port requiring up to 10 supramax (50,000 tdw) shipments per month. During the second phase, Oldendorff will perform ocean freight on capesize vessels and transship the cargo in the Andaman & Nicobar Islands from the cape to the supramax using the Albert Oldendorff. Transshipment will be done in a safe, cost-effective and environmentally friendly manner; the Supramax vessels will deliver the cargo to Parya port.