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Ports & Shipping News

Transnet says indebted companies are behind the calls for its CEO’s removal

By: Bloomberg 21st September 2023 South Africa’s beleaguered state ports and rail company deepened its feud with the private sector, accusing business chambers of intimidation because they owe it money. A September 12 letter from a business chamber in Durban, the site of Africa’s biggest container port, to the minister of public... →

Road freight growth subsiding, rail sector struggling – Ctrack index

By: Irma Venter 15th September 2023 The Ctrack Transport and Freight Index (Ctrack TFI) retreated further in July to an index level of 120.8, the lowest level this year since March’s 120.5. This represents a decrease of 1.2% during the month of July. →

TNPA issues RFI for Culemborg Intermodal Precinct at the Port of Cape Town

By: Marleny Arnoldi 13th September 2023 The Transnet National Ports Authority (TNPA) has published a request for information (RFI) for the design, financing, construction, operation and maintenance of the proposed Culemborg Intermodal Logistics Precinct or part thereof at the Port of Cape Town. Responses to the RFI must be submitted by... →

Port of Cape Town

Transnet posts big financial loss

By: Creamer Media Reporter 7th September 2023 Engineering News editor Terence Creamer discusses State-owned Transnet's financial and operational results; the response of government and the new Transnet chairperson; and potential developments in the months ahead. →

Transnet posts big financial loss

Cape Town Container Terminal gears up for deciduous season

By: Creamer Media Reporter 6th September 2023 As the Cape Town Container Terminal (CTCT) prepares for the 2023/24 deciduous fruit season, it has commenced engagements with key stakeholders, including the Summer Fruit Industry and the Western Cape government. Transnet Port Terminals (TPT) and key stakeholders in Paarl held a collaborative... →

TPT moves to lease key port equipment amid spares crunch at DCT Pier 2

By: Terence Creamer 4th September 2023 Transnet Port Terminals (TPT) is seeking to lease straddle carriers and ship-to-shore cranes at the Durban Container Terminal (DCT) Pier 2 for the coming 12 months, in light of the flagship terminal’s performance being negatively affected currently by an unavailability of critical spares. DCT... →

The Durban Container Terminal

Bidvest reports trading profit growth in all divisions, increases dividend by 20%

By: Marleny Arnoldi 4th September 2023 JSE-listed services, trading and distribution company Bidvest Group has reported double-digit trading profit growth from each of its seven divisions for the financial year ended June 30. The company’s performance was led by exponential demand in renewable energy products, as well as travel and... →

Road freight growth subsiding; rail sector struggling – Ctrack index

By: Irma Venter 4th September 2023 The Ctrack Transport and Freight Index (Ctrack TFI) retreated further in July to an index level of 120.8, the lowest level this year since March (120.5). This represents a decrease of 1.2% during the month of July. →

Image of the Ctrack Transport and Freight Index (Ctrack TFI) for July

The July Ctrack Transport and Freight Index

New Transnet chair hints at possible equity injection as group slumps to R5.7bn loss

By: Terence Creamer 1st September 2023 New Transnet chairperson Andile Sangqu has indicated that the troubled State-owned freight logistics group, which has hitherto prided itself on being financially self-sufficient, may require and equity injection to implement a turnaround strategy that is currently under development. The group... →

Transnet chairperson Andile Sangqu

Private-sector participation at Cape Town Port seen generating R6bn in additional exports

By: Irma Venter 1st September 2023 The City of Cape Town (CoCT) says it is seeking an urgent meeting with national government on private-sector participation in the Port of Cape Town. This follows the announcement that the Port of Durban will be partly owned and operated by the Philippines’ International Container Terminal... →

Draft Freight Logistics Roadmap promised by year-end

By: Terence Creamer 28th August 2023 A new ‘Freight Logistics Roadmap’ is currently undergoing an internal government consultative process for publication before the end of the year, the latest Operation Vulindlela progress update confirms. “The roadmap will incorporate proposals to resolve the immediate operational challenges while... →

Durban Container Terminal Pier 2

Trust, patience see Maputo port yield record results – Grindrod

By: Irma Venter 25th August 2023 The Port of Maputo is reaping the results of an $800-million investment that has taken the port from handling five-million tons overall in 2007, to a record 27-million tons last year, says Grindrod CEO Xolani Mbambo. “In the recent five-year period we have invested $200-million.” →

Data becoming increasingly important in supply chain functioning, competitiveness

By: Marleny Arnoldi 23rd August 2023 As stakeholders work – as part of the National Logistics Crisis Committee – to resolve the most prominent issues impacting on the South African logistics system, including cable theft on rail lines and overloading on roads, it is more important than ever for businesses to optimise their supply... →

Durban port

Sinazo Tiya appointed Durban port security officer

By: Schalk Burger 21st August 2023 The Transnet National Ports Authority (TNPA) has appointed Sinazo Tiya as the port security officer at the Port of Durban. The role of port security officer is crucial in ensuring the safety and security of TNPA assets, people and port, in compliance with the International Ship and Port Facility... →

DCT Pier 2 partnership to be ‘catalyst for change’, TPT chief asserts

By: Terence Creamer 15th August 2023 Transnet Port Terminals (TPT) CEO Jabu Mdaki is optimistic that the joint venture (JV) with International Container Terminal Services Incorporated (ICTSI) will be implemented from the start of the State-owned company’s new financial year in April and become a “catalyst for change” across the... →

The Durban Container Terminal Pier 2

TNPA confirms participants in consortia vying for Boegoebaai project

By: Terence Creamer 14th August 2023 The Transnet National Ports Authority (TNPA) has released details of the companies participating in the three consortia shortlisted to participate in an upcoming bidding process to design, fund and construct a greenfield deep-water port at Boegoebaai in the Northern Cape, as well as rail... →

Artist impression of the proposed deep-water port at Boegoebaai

Transnet, CSIR to research wind disruptions at Cape Town port

By: Irma Venter 10th August 2023 Transnet National Ports Authority (TNPA) has signed a memorandum of agreement (MoA) with a programme hosted by the Council for Scientific and Industrial Research (CSIR) – the Alliance for Collaboration on Climate and Earth Systems Science (ACCESS) – as well as other research institutions, for a... →

Image of TNPA's Phyllis Difeto and CSIR's Neville Sweijd

Phyllis Difeto and Neville Sweijd

Durban Car Terminal goes digital

By: Irma Venter 8th August 2023 Transnet Port Terminals (TPT) says the digital conversion of more than 60% of the Durban Car Terminal’s (DCT’s) parking bays has been concluded. This should improve the movement of both import and export cars in a yard that parks more than 12 500 vehicles at a time. →

Cape Town port must ‘urgently’ secure private sector participation, says city

By: Irma Venter 8th August 2023 The City of Cape Town (CoCT) says it is seeking an urgent meeting with national government on private sector participation in the Port of Cape Town. This follows the announcement that the Port of Durban will be partly owned and operated by the Philippines’ International Container Terminal... →

The Port of Cape Town

Global demand for coal is bringing mayhem to South African towns

By: Bloomberg 1st August 2023 An often impenetrable logjam of trucks laden with coal at South Africa’s crossing with Mozambique has brought chaos to a sleepy border town. Elephants escaping from the nearby Kruger National Park often caused the biggest commotion in Komatipoort. These days residents check their CCTV cameras on... →

BLSA’s Mavuso sees some improvement on the national logistics front

By: Marleny Arnoldi 31st July 2023 Business Leadership South Africa (BLSA) CEO Busi Mavuso says the concerted effort that business, government and many within State-owned freight utility Transnet have made to fix the outlook of logistics in the country is starting to have some effect. She mentions the new Transnet board having... →

DTIC aims to improve awareness on AfCFTA through outreach programme

By: Darren Parker 25th July 2023 The Department of Trade, Industry and Competition (DTIC) has embarked on provincial outreach and awareness workshops in collaboration with provincial governments, wherein it hopes to have engaged all provinces on the African Continental Free Trade Area (AfCFTA) by the end of July. The DTIC is... →

Three consortia selected to bid for greenfield Boegoebaai port and rail project

By: Terence Creamer 25th July 2023 South Africa’s State-owned Transnet National Ports Authority (TNPA) has shortlisted three consortia to participate in an upcoming bidding process to design, fund and construct a greenfield deep-water port at Boegoebaai in the Northern Cape, as well as rail infrastructure linking the port to mines... →

IFC ready to support private grid investment in South Africa

By: Terence Creamer 25th July 2023 The World Bank’s private sector financier, the International Finance Corporation (IFC), has indicated a willingness to fund public–private partnerships (PPPs) aimed at expanding and strengthening South Africa’s transmission infrastructure. IFC VP for Africa Sérgio Pimenta tells Engineering News... →

IFC VP for Africa Sérgio Pimenta

Northern Cape green hydrogen development could drive manufacturing in the province

By: Darren Parker 21st July 2023 If green hydrogen can be produced efficiently and cost effectively in the Northern Cape, the country’s manufacturing capacity will likely migrate there, Northern Cape Economic Development Trade and Investment Promotion Agency (Nceda) CEO Hendrik Louw has said. Speaking at the 2023 Hydrogen... →

The Boegoebaai area

Durban port partnership: ANC KZN bats for 'long overdue', 'mixed economy' deal, labour not buying it

By: News24Wire 20th July 2023 There's been mixed reaction to Transnet Port Terminals' 25-year joint venture with Philippines-headquartered company International Container Terminal Services Inc for the development and upgrade of its biggest container terminal. Transnet announced on Monday that it had concluded "the process of... →

TNPA seeks bids for Port of Richards Bay container concession

By: Terence Creamer 19th July 2023 Transnet National Ports Authority (TNPA) is seeking bidders for a 25-year container handling facility concession in the Bayvue Precinct at the Port of Richards Bay, in KwaZulu-Natal. The request for proposals indicates that the successful bidder will be expected to fund, design, develop, operate,... →

South Africa lobbying to again be a member of the Council of the world’s maritime agency

By: Rebecca Campbell 18th July 2023 The Department of Transport (DoT) has reported that South Africa is seeking to be again elected to the Council of the International Maritime Organisation (IMO). South Africa has been a member of the IMO since its readmission to the United Nations (UN) system in 1995, and has previously served on... →

Transnet names ICTSI as new partner for flagship Durban Container Terminal

By: Terence Creamer 17th July 2023 State-owned Transnet has selected International Container Terminal Services Incorporated (ICTSI), of the Philippines, as the preferred bidder for the 25-year joint venture with Transnet Port Terminals (TPT) to develop and upgrade its flagship Durban Container Terminal (DCT) Pier 2. DCT Pier 2 is... →

The Durban Container Terminal

Afreximbank disburses $120m to Kenyan investment development firm

By: Darren Parker 17th July 2023 The African Export-Import Bank (Afreximbank) in Nairobi has announced the disbursement of a $120-million financing facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of a series of development projects in Djibouti’s Damerjog Industrial Development Free Trade Zone.... →

Transnet container terminals remain optimistic of strong citrus season finish

By: Schalk Burger 13th July 2023 Average year-on-year comparisons of citrus handling volumes show a 9.2% volume increase in the Eastern Cape region and, despite heavy rains across the country, the Eastern Cape Container Terminals are handling higher citrus volumes than the previous three years mid-season, said State-owned... →

US agency sees Lobito rail corridor helping to diversify critical minerals supply chains

By: Terence Creamer 12th July 2023 US International Development Finance Corporation (DFC) CEO Scott Nathan has reiterated the American government’s interest in helping to finance the Lobito rail corridor, linking the copper and cobalt mining regions of the Democratic Republic of Congo (DRC) and Zambia to Angola’s Lobito port.... →

Transport sector has role to play in sustainable economies – Chikunga

By: Tasneem Bulbulia 10th July 2023 The transport sector is not untouched by climate change and also has considerably high negative externalities, and this necessitates innovative thinking around the opportunities to renavigate transport systems towards greater resilience and becoming a true enabler of sustainable economies. This... →

Transport Minister Sindisiwe Chikunga

Green-energy-powered ship docks in Cape Town, vessel number two in the works

By: Irma Venter 7th July 2023 The zero-emission, green-energy-powered Energy Observer (EO) earlier this month docked in Cape Town for a visit of just more than a week. The vessel, which acts as an on-the-water laboratory able to test various forms of environment-friendly energy, is covered in 202 m2 of solar panels. →

SA’s logistics chain in ‘desperate’ need of PPPs – SAAFF

By: Irma Venter 7th July 2023 Port and rail parastatal Transnet and government cannot “go it alone” to repair South Africa’s strained logistics network, says South African Association of Freight Forwarders (SAAFF) CEO Dr Juanita Maree. “Our current ports and rail model is, at best, archaic, compared to international... →

Firm open to investing in the ‘right’ sectors in KZN

By: Bridget Lepere 7th July 2023 Black-owned private equity investment firm Agile Capital focuses on investments that drive sustainable development and have a demonstrable track record of growth and investment returns, with Agile Capital principal Elizabeth Kolobe noting that, unlike its rivals, it does not have exit timing... →

Image of an African woman in a navy suit

ELIZABETH KOLOBE Agile Capital is looking to invest in businesses with solid management teams, strong historical track records and good growth prospects

TPT, TFR partner with Maersk on Eastern Cape road-to-rail initiative

By: Darren Parker 4th July 2023 State-owned entities Transnet Port Terminals (TPT) and Transnet Freight Rail (TFR) have collaborated with shipping company Maersk to implement a road-to-rail initiative at the Eastern Cape Terminals during the citrus season. This joint effort is aimed at alleviating congestion at the Ngqura... →

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