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Ports & Shipping News

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. 

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... 

TPT celebrates 1bn ton iron-ore export milestone

By: Megan van Wyngaardt     19th August 2016 Transnet Port Terminals’ (TPT’s) Saldanha operations on Thursday celebrated a significant milestone – with one-billion tons of iron-ore having passed through the bulk terminal. Saldanha is South Africa's main iron-ore export terminal and a highly mechanised bulk-handling facility that remains the... 

New Durban floating dock to add much-needed ship repair capacity

By: Shirley le Guern     12th August 2016 With an estimated 12 000 ships calling at South Africa’s ports each year and over 30 000 vessels sailing along the South African coastline annually, the ship repair industry should theoretically be a thriving and growing industry. In reality, however, it’s an opportunity that is largely being... 

New Durban floating dock to add much-needed ship repair capacity

Transnet outlines ‘low-road’ investment scenario amid demand uncertainty

By: Terence Creamer     2nd August 2016 State-owned freight logistics group Transnet reports that its multibillion-rand capital expenditure (capex) plan, which has already been rephased in response to weaker-than-expected market demand, could be further moderated under what it terms a “low-road scenario”. Outlining its revised capital... 

Transnet outlines ‘low-road’ investment scenario amid demand uncertainty

Belgium trade and investment agency signs Mou with DTI unit

By: David Oliveira     29th July 2016 Belgium-based Wallonia Export-Investment Agency (Awex) signed a memorandum of understanding (MoU) with the Department of Trade and Industry’s (DTI’s) investment promotion agency InvestSA initiative last month. InvestSA provides a number of services for investors, including facilitation of the... 

Belgium trade and investment agency  signs Mou with DTI unit
THE TRILOGIPORT The trimodal logistics facility, which has cargo transport access by water, rail and road, was officially inaugurated in November last year

Transport costs undermining African farmers

By: Irma Venter     22nd July 2016 A study shows that agricultural fertiliser can land at the Kenyan Port of Mombasa at $350/t, and then sell for 300% to 400% more 1 000 km inland, says Common Market for Eastern and Southern Africa (Comesa) Alliance for Commodity Trade in Eastern and Southern Africa CEO Argent Chuula. “The same is... 

Company strengthens ties with African country

15th July 2016 Global engineering, project management and construction company Bechtel has extended its partnership with Gabon, which it has been working with since 2010 to create and implement a $25-billion national infrastructure plan. 

Company strengthens ties with African country
INFRASTRUCTURE DEVELOPMENT Construction of infrastructure across Gabon will continue under Bechtel supervision

SA shipping container trade in choppy waters

By: Irma Venter     15th July 2016 The economic slowdown in China, declining demand for mining commodities, dwindling consumer spending power and the persistent drought in Southern Africa have all negatively impacted shipping container trade in South Africa in the first quarter of the year, with import and export markets declining... 

Second of nine new TNPA tugs to set sail

By: Anine Kilian     8th July 2016 The latest of Transnet National Ports Authority’s (TNPA’s) nine new, powerful tugboats will set sail from the Durban premises of contractor Southern African Shipyards this month, destined for its new home at the Port Elizabeth port. The tug was ceremonially launched as Qunu in May alongside a... 

Second of nine new TNPA tugs to set sail

Tambo-Springs container terminal briefing moves ahead as Transnet offers zoning assurances

By: Terence Creamer     4th July 2016 A briefing session will be held this week for potential bidders for a proposed inland Tambo Springs container terminal, earmarked for development as a public-private partnership (PPP) in eastern Gauteng. State-owned freight logistics group Transnet issued a request for proposals (RFP) in June,... 

 Tambo-Springs container terminal briefing moves ahead as Transnet offers zoning assurances

Intra-African trade costs highest of all developing regions

By: Irma Venter     30th June 2016 A study shows that agricultural fertiliser can land at the Kenyan Port of Mombasa at $350/t, and then sell for 300% to 400% more 1 000 km inland, says Common Market for Eastern and Southern Africa (Comesa) Alliance for Commodity Trade in Eastern and Southern Africa CEO Argent Chuula. “The same is... 

Intra-African trade costs highest of all developing regions

TNPA luring private oil-services investors to Saldanha using ‘flexible’ terminal concessions  

By: Terence Creamer     29th June 2016 Freight logistics group Transnet is optimistic of receiving positive responses to a tender for the development of an offshore supply base (OSSB) for the oil and gas industry in Saldanha Bay, reporting that around 120 people attended a tender site briefing this week. A request for proposals (RFP)... 

TNPA luring private oil-services investors to Saldanha using ‘flexible’ terminal concessions
Operation Phakisa programme director Ricky Bhikraj outlines the approach being taken to PPP projects at the Port of Saldanha. Camera Work: Nicholas Boyd. Editing: Lionel da Silva.

TNPA to add container capacity at Durban harbour as it puts dig-out port on hold 

By: Terence Creamer     28th June 2016 Having pulled back from any immediate development of the so-called Durban Dig-Out Port (DDOP), Transnet National Ports Authority (TNPA) is moving ahead with two more modest projects to expand the container capacity at the Port of Durban. Transnet CEO Siyabonga Gama has indicated that the DDOP is... 

TNPA to add container capacity at Durban harbour as it puts dig-out port on hold
TNPA senior manager for planning and development Selvan Pillay on the berth-deepening and Salisbury Island projects to increase container capacity at the Port of Durban. Camera Work & Editing: Nicholas Boyd. Recorded: 28.6.2016

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