http://www.engineeringnews.co.za
R/€ = 16.82 Change: 0.00
R/$ = 14.32 Change: 0.00
Au 1199.53 $/oz Change: -8.69
Pt 829.00 $/oz Change: -7.99
 

Ports & Shipping News

Importance of gas in global energy arena set to increase

By: Simone Liedtke     3rd February 2017 In the medium term, the importance of gas in the global energy mix is set to increase, owing to the growth in global liquefied natural gas (LNG) supply and a more flexible global market, says advisory firm KPMG energy economist Dr Requier Wait. 

TNPA celebrates key milestone at Maydon Wharf

By: Megan van Wyngaardt     16th January 2017 Transnet National Ports Authority (TNPA) last week celebrated a significant milestone, when the Port of Durban’s Maydon Wharf precinct serviced Bright Sky, the first vessel to use the common-user Berth 14 after its reconstruction. Forming part of a six-berth reconstruction project at the port,... 

TNPA celebrates key milestone at Maydon Wharf

Sneakers worth R8.7m seized at S Africa-Mozambique border

By: African News Agency      29th December 2016 The South African Revenue Service said on Wednesday that customs services at Lebombo border post had made a “massive seizure” of suspected counterfeit sneakers with a total value of R8.7-million early on Monday morning. A total of 9 085 pairs of sneakers carrying the Adidas brand and 1 850 pairs... 

Sneakers worth R8.7m seized at S Africa-Mozambique border

Malawi hoping to woo shipbuilding investors to Lake Malawi

By: Marcel Chimwala     15th December 2016 Malawi is looking for investors to establish shipbuilding and repair facilities on the shores of Lake Malawi. Ministry of Transport and Public Works marine services director Laston Makudzula says potential investors have indicated their interest. 

TNPA to issue tender for berth deepening megaproject

By: Creamer Media Reporter      14th December 2016 Transnet National Ports Authority’s (TNPA’s) multibillion-rand Main Marine Construction Works package, part of the R7-billion Durban Container Terminal (DCT) Pier 2 berths 203 to 205 reconstruction, deepening and lengthening project, will be put out to tender this month. The tender process for... 

TNPA to issue tender for berth deepening megaproject

Transnet appoints Ngqura liquid bulk terminal operator

By: Natasha Odendaal     13th December 2016 State-owned Transnet National Ports Authority (TNPA) has selected independent bulk liquid storage provider Oiltanking Grindrod Calulo (OTGC) as the preferred bidder to plan, fund, build, own, maintain and operate a new liquid bulk handling facility at the Port of Ngqura, in Port Elizabeth. OTGC,... 

South African company buys Smit Amandla Marine 

By: Megan van Wyngaardt     1st December 2016 African Marine Solutions Group (Amsol) has bought Southern Africa-focused specialist marine solutions provider Smit Amandla Marine from Netherlands-based maritime infrastructure company Royal Boskalis Westminster for €50-million, returning the company to South African ownership. Amsol is owned by... 

Rail freight system will benefit economy, reduce road maintenance

By: Nadine James     25th November 2016 To limit the damage to the national and provincial road networks – primarily caused by heavy-duty freight vehicles – and cut down on resulting maintenance, government should ensure that South Africa has a workable and reliable rail freight service, says auditing and consulting firm KPMG. KPMG... 

Rail freight system will benefit economy, reduce road maintenance
DE BUYS SCOTT The establishment of a workable rail infrastructure would stimulate job creation and economic growth during the construction phase of rail-related projects

SA business delegation explores opportunities at Central African ports

By: David Oliveira     25th November 2016 Research and consulting specialists Africa House led a business delegation to Central African port cities last month, to explore business opportunities in new port developments in Cameroon and the Republic of Congo. The business delegation comprised South African business development managers and... 

South African container trade remains under pressure

By: Irma Venter     25th November 2016 Expectations that South Africa’s container market would grow during the third quarter of the year proved incorrect, despite a slightly stronger rand, indicates the 2016 Q3 Maersk Trade Report. The report shows that the market declined by 6% year-on-year. 

Direct route helping SA improve trade with India

By: David Oliveira     18th November 2016 According to the 2016 H1 ‘Maersk Group India Trade Report’, India continues to shine as one of the largest containerised trade markets, registering significant growth of 11% in the first half of the year, with extensive opportunities existing for South Africa–India trade going forward. Increased... 

Improved dispatch times reduce maintenance delays

By: Aarifah Nosarka     11th November 2016 Self-lubricating bearing manufacturer Vesconite Bearings is ensuring that its internally lubricated polymers and polymer bearings for fishing boats are exported faster to Mauritius to ensure prompt maintenance. “Vesconite Bearings has been engaging with its courier company to speed up delivery of... 

Improved dispatch times reduce maintenance delays
BOAT MAINTENANCE Internally lubricated polymer bearings for fishing boats increase maintenance intervals

Stronger rand failed to boost Q3 container trade, says Maersk

By: Irma Venter     9th November 2016 Expectations that South Africa’s container market would grow during the third quarter of the year proved incorrect, despite a slightly stronger rand, indicates the 2016 Q3 Maersk Trade Report. The report shows that the market declined by 6% year-on-year. 

Stronger rand failed to boost Q3 container trade, says Maersk

Most Transnet lenders agree to relax downgrade triggers

By: Terence Creamer     7th November 2016 South Africa’s freight logistics utility Transnet has reached agreement with the majority of lenders to relax covenant triggers in respect of R30.1-billion in debt. These triggers would otherwise be brought into play in the event that South Africa is downgraded to junk in December. Transnet’s... 

Most Transnet lenders agree to relax downgrade triggers
Photo by Duane Daws
Transnet CFO Garry Pita

Transnet sets up R20bn acquisitions war chest, as it pulls in capex horns 

By: Terence Creamer     7th November 2016 State-owned freight logistics group Transnet has set aside a R20-billion war chest for mergers and acquisitions inside South Africa and the rest of the continent, owing to “limited” prospects for organic growth domestically. Specific merger and acquisition (M&A) targets have been identified as... 

Transnet sets up R20bn acquisitions war chest, as it pulls in capex horns
Transnet CEO Siyabonga Gama on the group's R20-billion M&A war chest. Camera Work & Editing: Nicholas Boyd. Recorded: 7.11.2016

Bearings manufacturer completes upgrades at the Port of Saldanha Bay

By: Victor Moolman     4th November 2016 Split roller bearing specialist OE Bearings installed 500-mm-diameter split bearings last month on the third of three stacker reclaimer bucket wheels at the Port of Saldanha Bay, in Western Cape. 

Bearings manufacturer completes upgrades at the Port of Saldanha Bay
SALDANHA BUCKET WHEEL Three of the bucket wheels at Saldanha Bay have been fitted with new split roller bearings from OE Bearings

V&A to spend another R37m on cruise terminal

By: African News Agency      3rd November 2016 The V&A Waterfront on Thursday marked the launch of 2016/17 cruise season by announcing that another R37-million would be invested in the terminal that receives passengers. As the first passengers disembarked from the German luxury liner, the Europa, the first arrival of the season, David Green,... 

Rehabilitation of ‘overlooked’ Port Nolloth harbour under way

By: Dylan Slater     28th October 2016 State-owned logistics company Transnet National Ports Authority (TNPA) has commenced with a multimillion-rand port infrastructure rehabilitation project at the small domestic seaport of Port Nolloth, on the north-western coast of South Africa.  

Rehabilitation of ‘overlooked’  Port Nolloth harbour under way
PORT NOLLOTH The port was founded in the late 1800s as an export facility for copper from mines located in the Springbok area

20 cruise liners to dock in South African ports over the next six months

By: African News Agency      27th October 2016 At least 20 cruise vessels, including the Queen Mary 2 and the Queen Elizabeth, are set to dock in South Africa’s ports in the next six months. Transnet National Ports Authority spokeswoman Lunga Ngcobo said in a statement release on Wednesday that the first cruise liner to dock will be the MSC... 

20 cruise liners to dock in South African ports over the next six months

Durban port embraces more technology

By: Megan van Wyngaardt     19th October 2016 Aerial and underwater drones, as well as track-and-trace technology to track port assets such as tugs and dredgers, have been piloted successfully at the Port of Durban. This pilot project formed part of the Transnet National Ports Authority’s plans to roll out smart ports. 

Durban port embraces more technology

South African container trade flows declined in H1

By: Irma Venter     30th September 2016 Container trade flow in and out of South Africa for the first half of 2016 has shown a year-on-year decline of 7%. Maersk Line Southern Africa MD Jonathan Horn attributes the decline to reduced consumer spending and weak global demand for mining commodities. 

Panel appointed to review solutions for grounded St Helena airport

By: Irma Venter     30th September 2016 The UK’s Secretary of State for International Development, Priti Patel, has appointed an external expert to review the process that has seen a delay in the start of regular air services to St Helena, a spokesperson for the UK’s Department for International Development (DFID) tells Engineering... 

SA ports operator outlines view on weight regulations at global event

By: David Oliveira     30th September 2016 Transnet Port Terminals (TPT) was invited to present at this year’s International Association of Maritime Economists (IAME) conference, which took place last month in Hamburg, Germany. The presentation joint presentation of TPT senior strategy manager Dr Darren Fraser and TPT compliance manager... 

Competition Commission raids cargo shipping companies

28th September 2016 The Competition Commission on Wednesday conducted a search and seizure operation at the premises of six cargo shipping companies in the Western Cape and KwaZulu-Natal.   The commission said it suspects that Hamburg Sud South Africa, Maersk South Africa, Safmarine, Mediterranean Shipping Company,... 

Competition Commission raids cargo shipping companies

Commission’s ports probe to place spotlight on Transnet’s economic impact

By: Mia Breytenbach     23rd September 2016 State-owned logistics company Transnet, which owns all commercial ports in South Africa and is the sole operator of the country’s container and automotive terminals, has naturally had a major influence over port operations and terminal handling charges. However, that role and dominance has often... 

Commission’s ports probe to place spotlight on Transnet’s economic impact

Launch of Osprey marks halfway point in TNPA’s R1.4bn tug-building contract 

By: Shirley le Guern     20th September 2016 The launch of the Transnet National Ports Authority’s (TNPA’s) Osprey tugboat in Durban harbour on Tuesday marked the halfway point in the port authority’s R1.4-billion tug-building contract. Southern African Shipyards CEO Prasheen Maharaj said at the launch that the Osprey was tangible proof... 

Launch of Osprey marks halfway point in TNPA’s R1.4bn tug-building contract

Independent panel to address St Helena air operations delay 

By: Irma Venter     15th September 2016 The UK’s Secretary of State for International Development, Priti Patel, has appointed an external expert to review the process that has seen a delay in the start of regular air services to St Helena, a spokesperson for the UK’s Department for International Development (DFID) tells Engineering... 

Independent panel to address St Helena air operations delay
The St Helena airport

Container trade declined by 7% in the first half of 2016 – Maersk

By: Irma Venter     15th September 2016 Container trade flow in and out of South Africa for the first half of 2016 has shown a year-on-year decline of 7%. Maersk Line Southern Africa MD Jonathan Horn attributes the decline to reduced consumer spending and weak global demand for mining commodities. 

Container trade declined by 7% in the first half of 2016 – Maersk

Transnet to sue Futuregrowth 

By: African News Agency      15th September 2016 Transnet CEO Siyabonga Gama revealed in Parliament on Wednesday that the South African parastatal intends to sue Futuregrowth Asset Management for damages. Briefing Parliament’s portfolio committee on public enterprises, Gama said Transnet had written to Futuregrowth demanding an apology for its... 

Transnet to sue Futuregrowth
Photo by Duane Daws
Transnet CEO Siyabonga Gama

TNPA introduces new online order system

By: Megan van Wyngaardt     13th September 2016 Transnet National Ports Authority (TNPA) is introducing a new order-to-cash initiative to replace its nine-year-old PortsOnline system, which customers previously used for online submission of cargo documentation. The company says the initiative is as another step on its “journey to digitalise”... 

Grindrod reports some interest in locomotive unit despite weak market

By: Irma Venter     9th September 2016 A depressed commodities market continued to takes its toll on shipping and logistics group Grindrod in the six months ended June 30. Grindrod reported a drop in revenue to R11-billion in its management income statement – which included the company’s share in joint ventures – compared with... 

Brown to meet Futuregrowth, Old Mutual after ‘unfortunate’ funding suspension

By: Terence Creamer     6th September 2016 Public Enterprises Minister Lynne Brown, who is Shareholder Minister for Eskom and Transnet, will meet with the CEOs of Old Mutual and Futuregrowth Asset Management on September 8, following Futuregrowth’s suspension of financing to six State-owned Companies (SoCs), owing to governance concerns.... 

Brown to meet Futuregrowth, Old Mutual after ‘unfortunate’ funding suspension
Photo by Duane Daws
Public Enterprises Minister Lynne Brown

Floating dry dock could lead to further docking opportunities in Durban

By: Shirley le Guern     5th September 2016 Dormac Marine’s R300-million investment in its Dormac Dock 1 floating dry dock will position the Dormac shipyard as a centre of excellence for the ship repair industry and serve as a stimulus for additional investment and docking opportunities in Durban, said Trade and Industry Minister Dr Rob... 

Floating dry dock could lead to further docking opportunities in Durban

TNPA to boost dredging skills through launch of R30m simulator

By: Shirley le Guern     5th September 2016 Transnet National Ports Authority (TNPA) has launched Africa’s first dredging simulator – a computerised training cockpit for aspirant dredger operators – in Durban.  The dredging simulator is located at Durban’s Maritime School of Excellence (MSoE) and will form the core of the school’s newly... 

TNPA to boost dredging skills through launch of R30m simulator

New tug fleet will enable SA ports to handle larger vessels

By: David Oliveira     26th August 2016 As part of parastatal Transnet’s Market Demand Strategy (MDS), Transnet National Port Authority (TNPA) will spend about R56-billion by 2019 to improve efficiencies of South Africa’s ports, including a R1.4-billion tugboat replacement project. The contract, which was awarded to local shipbuilding... 

New tug fleet will enable SA ports to handle larger vessels

Grindrod records R1.1bn loss, ready to develop Coega liquid-bulk terminal

By: Irma Venter     25th August 2016 A depressed commodities market continued to take its toll on shipping and logistics group Grindrod in the six months ended June 30. Grindrod on Thursday reported a drop in revenue to R11-billion in its management income statement – which included the company’s share in joint ventures – compared... 

Grindrod records R1.1bn loss, ready to develop Coega liquid-bulk terminal

TNPA to launch marine training centre in Cape Town

By: Megan van Wyngaardt     23rd August 2016 As part of government’s Operation Phakisa programme aimed at fast-tracking economic growth in the oceans economy, the Transnet National Ports Authority (TNPA) is creating a marine training centre at the port of Cape Town for skills development and job creation. The new facility will be located at... 

Company Post

more

Latest News

more

Latest Videos

more

Research Reports

Topics In These Articles

RSS Feed

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close