The objective of the Port Feasibility and Valuation Course is to enable participants to conduct a detailed Port Feasibility and Valuation Study. Valuation, feasibility and PPP are the key topics and the course offers an executive insight in the financial models behind that. Participants will follow a 3-day training course, where participants will receive hands-on training on the industries' valuation dynamics.
The course will provide participants an overview of the logical steps of a Port Feasibility and Valuation Study. Valuation, feasibility and PPP are the key topics and the course offers an executive insight in the financial models behind that. The Course is structured along the phases of Port Valuation: determining Project Feasibility, determining PPP Feasibility & the optimal PPP Structure and assessment of Equity Return & Bankability. The course provides an overview of the most recent developments in Port Valuation, as well as the perspectives of different stakeholders: Public Authorities, Terminal Operators, Shipping Lines, etc.
Modules
The training course consists of three modules spread over three days.
Materials
Participants will be provided with the following curriculum materials:
- Course Plan & Agenda
- Case Study
- Handouts for all the modules
- Additional reading
The participants will be provided with a basic financial model, developed by MTBS. This basic financial model will first be used for the Project Feasibility assessment, then for the PPP Feasibility Assessment and as a last step for the Bankability
Assessment & Equity Valuation. Participants are required to bring a laptop with MS Excel.
Each training day will run from 9am to 5pm and all materials, refreshments and lunch are included in the course fee. Plenty of time will be set aside throughout the training program to review the specific course aspects and reflect within the group. Participants are invited to elaborate on specific Port Feasibility and Valuation exercises from within their own experience/companies. Interaction between the participants on real-life issues is encouraged and is regarded as a valuable addition to the course program.
Day 1
09:00 - 13:00
MODULE 1A: Introduction to Port Project Feasibility & Valuation
• Course Introduction & Organization
• Financial Model Basics
• Port Valuation Basics
• Setting up a Port Financial Model
14:00 - 17:00
MODULE 1B: Introduction to Port Project Feasibility & Valuation
• Modelling the Main Building Blocks of a Feasibility Model
• Interpreting the Results of a Feasibility Model
• Drafting a user-friendly cockpit/dashboard for non-modellers
• Limits of Financial Models: do's and don'ts
Day 2
09:00 - 13:00
MODULE 2A: PPP Valuation and Modelling
• Background: PPP structures in the Port Sector
• Transforming a Feasibility Model into a PPP Model
• Ensuring PPP model flexibility in the Financial Model
14:00 - 17:00
MODULE 2B: PPP Valuation and Modelling
• Drafting the Output of a PPP Model
• Effect of PPP Assumptions on Valuation
• Specific PPP Valuation Assessments: e.g. Value for Money, Public Sector Comparator
Day 3
09:00 - 13:00
MODULE 3A: Assessment of Equity Return and Bankability
• Background: Funding structures in the Port Sector
• Including Funding in the Financial Model
• Ensuring Funding Flexibility in the Financial Model
14:00 - 17:00
MODULE 3B: Assessment of Equity Return and Bankability
• Interaction between PPP structures and Bankability & Equity Return
• Specific Bankability Checks
• Producing & interpreting equity returns
The course is organized by Port Financial International, the leading online news portal and community for the latest developments in port investment and operations, in association with MTBS, the leading port and terminal valuation & transaction advisory company.
Reinout Polders is a senior consultant at MTBS. He has extensive experience with port advisory projects. His main expertise is focused on financial and economic valuation of port (PPP) projects. Mr. Polders passed Level III of the CFA exam. Mr. Polders is a trained financial modeller and has been involved in multiple major Port Transaction Projects. Mr. Polders is currently involved in MTBS' transaction mandates in Canada (Vancouver), Georgia (Anaklia Port) and Tanzania (Dar es Salaam). Mr. Polders has working experience in Africa (South Africa, Nigeria, Kenya, Ethiopia, Tanzania and Somaliland), the Middle East (Saudi Arabia, Oman and Egypt) and Europe (Georgia, the Netherlands, Slovenia, UK and Ireland).
Dorus Bakker is Senior Consultant for MTBS and is specialized in the field of port economics, port PPPs, business case analysis, operational analysis and logistics. He has experience in numerous port and logistics projects globally, including in Cyprus, Denmark, Italy, Indonesia, Kenya, Latvia, Mozambique, Nigeria, Oman, Pakistan, Somaliland, South-Africa, The Netherlands and Ukraine. For public authorities Dorus Bakker was among others involved in developing port masterplans and preparing privatisation deals. Services provided in these projects concern traffic forecasting, financial modelling, PPP structuring and procurement strategy advisory. For private entities he assisted in bid preparations for port transactions, market studies and bankability analyses.
Registration is closed.
Venue
The course will be taken place at the office of Maritime & Transport Business Solutions ('MTBS').
Address: Wijnhaven 3E, 3011 WG, Rotterdam, The Netherlands
Map: https://goo.gl/maps/ezTZadT1Pjy
Website: www.mtbs.nl
Hotel
If you would like to view available accomodations in the area, please use the following link for the nearest accommodation, https://www.HotelMap.com/pro/MP3UY.
Alternatively, if you would like assistance with your hotel booking you can contact Jessica Heili, hotelmap's dedicated concierge. If you email Jessica with your requirements, phone number and quoting Special Reference Code W-MP3UY to Jessica_Heili@HotelMap.com she will get back to you to discuss your hotel options.
Visa
Please note that Port Finance International cannot assist you with applying for or obtaining visas. For information about visa requirements and application procedures please contact your local Embassy or Consulate.
