http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.13Change: -0.06
R/$ = 11.56Change: 0.01
Au 1262.45 $/ozChange: 3.15
Pt 1228.50 $/ozChange: 11.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Dec 13, 2011

TPT ready to compete to operate terminals at Durban ‘dig-out port’

Back
Transnet Port Terminals (TPT) CEO Karl Socikwa on the need for the new port at the old Durban International Airport site, in KwaZulu-Natal, and the role that TPT may play. Camera Work: Nicholas Boyd. Editing: Darlene Creamer.
Harbour|Port|Africa|Ports|PROJECT|System|Transnet|Transnet Port Terminals|Africa|Building
Harbour|Port|Africa|Ports|PROJECT|System|Transnet|Transnet Port Terminals|Africa|Building
harbour|port|africa-company|ports|project|system|transnet|transnet-port-terminals|africa|building
© Reuse this



State-owned Transnet Port Terminals (TPT) is planning to bid, possibly with partners, for the right to operate any possible new terminal capacity that could arise should South Africa proceed with the development of the so-called ‘dig-out port’ at the old Durban International Airport site, in KwaZulu-Natal.

The bigger Transnet group is in the process of securing the land from the Airport Company of South Africa and it has indicated previously that the development, which would be a Transnet National Ports Authority (TNPA) project, could involve an initial investment of some R50-billion.

TPT CEO Karl Socikwa told business people in Johannesburg on Tuesday that its volume projections indicated that additional container terminal capacity could be required by as early as 2019, notwithstanding current initiatives to bolster the capacity of the Durban Container Terminal.

TPT would have to compete for the right to operate on the site in line with South Africa’s ports legislation. But Socikwa insisted that it would not have an unfair advantage over its competitors simply as a result of the fact that both TPT and TNPA, the port landlord, resided within the same corporate entity.

That said, TPT would “fight” for the opportunity to participate in what could become a future key “gateway” harbour.

Similarly, the unit, which had 16 terminals and assets of R13.5-billion, was hoping to position itself as a favoured African trans-shipment port system.

To achieve this, attention was being given to improving efficiencies at the existing terminals, as well as to building capacity at the Port of Ngqura, in the Eastern Cape, which was currently the group’s main trans-shipment hub.

Socikwa said the uptake at Ngqura had been “beyond our wildest expectations”, and two additional ship-to-shore cranes would be added by January, raising the harbour’s total crane complement to eight.

In the year-to-date, total container volumes across all of TPT’s facilities had risen to 2.2-million twenty-foot equivalent units (TEUs), from 2.16-million TEUs in the corresponding period last year.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
SAA acting CEO Nico Bezuidenhout, Finance Minister Nhlanhla Nene and SAA chairperson Dudu Myeni
Finance Minister Nhlanhla Nene has assured that loss-making national carrier South African Airlines (SAA) will not receive another bailout from government, noting that the most recent R6.4-billion government guarantee had only been provided in support of an intensive...
South Africa's cumulative trade deficit was R95.3-billion in 2014, the South African Revenue Service (Sars) said on Friday. In 2013, it was R71.4-billion, Sars said in a statement.
Certain regulatory approvals remain outstanding in Telkom’s proposed R2.67-billion takeover of JSE-listed Business Connexion (BCX), the parties said in an update to shareholders on Friday. BCX noted in the statement that the Competition Authority of Botswana had...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
 
 
 
 
 
This Week's Magazine
The international Square Kilometre Array (SKA) radio telescope – which is to be jointly hosted by South Africa and Australia with, later, outstations in other countries – may not yet exist, but international scientific working groups are already deciding what...
A free Web-based solar power plant capacity-planning tool offers project planners and developers, as well as governments, a means to assess the solar energy potential of thin-film solar PV power over an area of land. The tool was developed by thin-film solar...
As yet, no specific methodology, timeline or costs have been finalised to remedy the water ingress, excessive to contractual specifications, into the Gautrain tunnel between emergency shaft two (E2) and Park Station, says Bombela Concession Company technical and...
ASTRAPAK The group highlighted that executive strategic interventions and other group-wide business improvement imperatives were progressing favourably
The “seriously disruptive” electricity outages in South Africa have cost packaging group Astrapak more than R2-million in “irrecoverable downtime costs”, the company said on Monday, adding that the power cuts were negating some of the benefit of energy saving...
Bakkies and more affordable cars dominated South Africa’s new vehicle market in 2014. Unaudited data from the Department of Trade and Industry (DTI) shows that South Africa’s most popular vehicle in 2014 was the Toyota Hilux, selling 37 562 units.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks