1) Competitive investment costs (CAPEX)
Because of the high space utilization, container terminal projects are usually extremely capital-intensive. In the case of both new buildings and extensions, the land factor is crucial. There is a shortage of available land in port areas, therefore it is expensive. The cost of filled land can be anywhere between EUR 2,000 and EUR 3,000 per square meter or more, depending on the location. Due to the high concentration of storage space on the same surface area, land costs are significantly lower with BOXBAY.
With BOXBAY, only one hectare of terminal space is required for 3,000 TEU storage capacity, while the RTG system takes up around four hectares. With a value of EUR 2,000-3,000 per square meter, as mentioned above, the surface area savings of three hectares can be calculated at EUR 60-90 million – a high proportion of the total investment.
The elimination of unproductive movements reduces the number of cranes required in the warehouse. The same goes for the productivity of the container cranes, which is up to 20 % higher. Overall, a BOXBAY system requires less equipment than a conventional system – including that used for quayside operations.
2) Lower operating costs (OPEX)
Fewer unproductive movements and less equipment mean lower terminal operating costs, especially in terms of energy and maintenance. The fully automated systm also reduces manpower costs while at the same time increasing occupational safety. Any emissions at other points in the terminal can be offset by the optional PV roof. Sustainability targets can be achieved earlier.
3) Increased throughput
With a BOXBAY system, more containers can be handled on the same surface. This increases a terminal's annual turnover and profitability.
4) Increased service levels
The advantages of the BOXBAY system also benefit the terminal's customers. Shipping companies profit from shorter waiting times and more flexible response times. Waiting times for trucks landside can be reduced and, more importantly, time slots for storing or removing containers can be planned much more effectively. In many cases, customers are willing to reward this additional service level in the form of higher prices. What's certain is that the competitiveness of the terminal is enhanced compared to rival port operators.
5) Extended added value
The areas that are freed up by concentrating more storage space on the same surface area can be used for additional and often more profitable added value outside of normal warehouse operations. In this way, terminals can increase their turnover and profitability while diversifying their business.
The above-mentioned factors are rated differently depending on the underlying conditions. Taken together, however, the high economic potential for terminal operators is clear.