http://www.engineeringnews.co.za
R/€ = 16.15 Change: 0.19
R/$ = 14.17 Change: 0.21
Au 1239.98 $/oz Change: -6.65
Pt 789.68 $/oz Change: 0.81
 

Ports & Shipping News

South Africa's average port tariffs to fall 6 pct next year – regulator

By: Reuters     5th December 2018 South Africa's Ports Regulator said its average tariffs for the 2019/20 financial year will decrease by 6.27%, although coal export charges will rise, a statement seen by Reuters on Wednesday said. The coal dry bulk export cargo dues will increase by 10% from April 1 next year to March 31 in... 

Imperial Logistics targets growth outside SA, adding global freight management capabilities 

By: Irma Venter     4th December 2018 Imperial Logistics aims to earn close to 80% of its revenue from outside South Africa, compared with the current 68%, says CEO designate Mohammed Akoojee. Akoojee will officially take over from current CEO Marius Swanepoel in the first half of 2019. 

 Imperial Logistics targets growth outside SA, adding global freight management capabilities
Mohammed Akoojee

Transnet halts Durban port berths project over tender probe  

By: Reuters     23rd November 2018 Transnet said on Friday it would stop a R7-billion ($505-million) project to deepen berths at Africa's biggest container terminal in the port city of Durban until a dispute over the awarding of a contract is resolved. Transnet, which operates nearly three-quarters of the African rail network,... 

Audit outcomes of State-owned entities continue to regress

By: Kim Cloete     22nd November 2018 The audit outcomes of State-owned entities (SOEs) have regressed over the past financial year compared with both the previous year and 2014/15. The 2017/18 general report for the Auditor-General South Africa (AGSA) said there was an increase in noncompliance of the 16 SOEs it audited. It also... 

TPT, AFGRI to enter concessions for port terminals

By: Tasneem Bulbulia     21st November 2018 Transnet Port Terminals (TPT) will enter into a 15-year concession agreement with AFGRI Operations for the operation and maintenance of landside operations. The agreement will focus on two strategic agri-ports in the country – the East London Grain Elevator in the Port of East London and the... 

New pan-African trade bloc holds much promise for SA business

By: Rebecca Campbell     16th November 2018 From March 17 to March 21 this year, African Heads of State and Government held an Extraordinary Summit in Kigali, Rwanda. This was the 10th Extraordinary Summit of the African Union (AU) Assembly and the last day saw the signature of the agreement to establish the African Continental Free Trade... 

New pan-African trade bloc holds much promise for SA business

Morwe signals strategy shift as he prioritises restoration of trust amid ‘turbulance’ 

By: Terence Creamer     7th November 2018 Transnet acting CEO Tau Morwe is prioritising the restoration of trust, internally and externally, which he acknowledges has been affected by the “turbulence” associated with recent action taken by the board to tackle corruption and recover money “siphoned” from the State-owned company. However,... 

Morwe signals strategy shift as he prioritises restoration of trust amid ‘turbulance’

TNPA granted enviro approval for R1.4bn Richards Bay floating dock

By: Marleny Arnoldi     31st October 2018 The Department of Environmental Affairs (DEA) has given Transnet National Ports Authority (TNPA) the green light to build a long-awaited R1.4-billion floating dock at the Richards Bay port. The floating dock facility, which will be located at the port’s Small Craft Harbour, forms part of the... 

Transnet suspends former supply chain officer for misconduct

By: African News Agency      31st October 2018 Transnet said on Wednesday that it has suspended its former group supply chain officer, Edward Thomas, pending investigations into various serious allegations of misconduct involving a number of contracts. Transnet said that Thomas, currently group general manager for finance, was informed on... 

Intermodal transport systems vital for growth in South Africa, SADC region 

By: Tasneem Bulbulia     23rd October 2018 Intermodal transport systems are vital for economic growth and development in South Africa and the Southern African Development Community (SADC) region, Gauteng Roads and Transport MEC Dr Ismail Vadi said during a presentation at the fifth edition of the South Africa-Italy Summit/Indaba on... 

Intermodal transport systems vital for growth in South Africa, SADC region
Gauteng Roads and Transport MEC Dr Ismail Vadi outlines the need for intermodal transport systems in South Africa and the rest of the Southern African Development Community region. Video and editing: Nicholas Boyd.

Grindrod buys marine support services business

By: Nadine James     23rd October 2018 JSE-listed Grindrod said on Tuesday that the recently announced acquisition of the Novagroup from Pescanova would enhance its service and product offering, as well as expand its footprint in southern Africa. Nova was established in the 1960s to deliver support services to the maritime industry,... 

Transnet removes Gama as CEO

By: Reuters     22nd October 2018 The board of directors of South African state-owned logistics firm Transnet said it had removed Chief Executive Siyabonga Gama, who has been accused of misconduct in a multimillion-dollar deal. Transnet, which operates nearly three-quarters of the African rail network, the bulk of which is in... 

Transnet removes Gama as CEO
Photo by Creamer Media
Siyabonga Gama

TNPA tests helicopter service at Cape Town port 

By: Simone Liedtke     15th October 2018 Transnet National Ports Authority (TNPA) is exploring options to introduce a helicopter service at its Port of Cape Town to assist with operations during major swells and to increase the availability of service during stormy conditions. With Cape Town having been plagued recently by... 

New equipment to boost PE port’s manganese export capacity by 1.8 Mt/y

By: Marleny Arnoldi     10th October 2018 Transnet Port Terminals (TPT) has taken delivery of the first two of four RAM rotating spreaders that are set to create an additional 1.8-million tons a year of capacity for manganese exports at its Port Elizabeth (PE) terminal. A further two spreaders will arrive from China at the end of... 

New equipment to boost PE port’s manganese export capacity by 1.8 Mt/y
Port Elizabeth Port

Importers tightening control over logistics processes

By: Jessica Oosthuizen     5th October 2018 Amid government’s Automotive Masterplan support programme that targets 60% local component production and manufacturing, automotive businesses are tightening control over their logistics processes – where trade finance is being viewed as a broader import finance solution rather than a... 

Importers tightening control over logistics processes
TECHNOLOGICAL VISIBILITY Technology is becoming critical in the importing process

African transport infrastructure insufficient for continental growth – Nzimande

By: African News Agency      4th October 2018 Transport Minister Blade Nzimande has said that if Africa wants to capitalise on its fast growth trajectory it needed better transport and logistics as current infrastructure was “insufficient”. Delivering the keynote address at the 2018 African Ports and Rail Evolution Conference at the Inkosi... 

Transnet lining up to be a global player by 2020, Gama tells delegates

By: African News Agency      2nd October 2018 Embattled Transnet chief executive Siyabonga Gama on Tuesday told delegates at a transport and logistics conference in Durban that the parastatal is aiming to be a multi-billion rand player in the global logistics game by 2020. “We aim to grow Transnet to a R100-billion business by 2020 and a top... 

Transnet head Gama given notice of termination, board confirms

By: News24Wire      28th September 2018 The Transnet Board has confirmed Transnet group chief executive Siyabonga Gama was given notice of termination, with ten days to justify why he should not be axed. In a statement, the Board said it had on Thursday served Gama with a letter explaining its decision, citing "serious violations" of... 

Transnet head Gama given notice of termination, board confirms
Photo by Dylan Slater
Siyabonga Gama

Ngqura Port celebrates milestone

By: Simone Liedtke     19th September 2018 The developing Port of Ngqura, owned by Transnet National Ports Authority, celebrated a milestone this week, with the arrival of the first vessel discharging cargo for Osho Cement. Osho Cement is a new cement manufacturer currently under construction in the Coega Special Economic Zone (SEZ), in... 

Ngqura Port celebrates milestone

Pretoria high court dismisses Transnet director's challenge to dismissal

By: African News Agency      19th September 2018 The Pretoria High court on Tuesday dismissed former Transnet director Seth Radebe's challenge to have his removal by Public Enterprises Minister Pravin Gordhan set aside. Gordhan said in a statement he welcomed the ruling, adding that Rabebe's approach to the court had been "vexacious". 

TNPA appoints Seroka business development officer

By: Marleny Arnoldi     18th September 2018 Transnet National Ports Authority (TNPA) has appointed Linda Seroka business development officer, effective September 18. Seroka’s role will be to explore and unlock growth opportunities for TNPA and its clients in the fields of commercial and marketing, strategy, property and facilities... 

TNPA appoints Seroka business development officer
TNPA business development officer Linda Seroka

Saldanha port’s iron-ore facility to shut for maintenance from Sept 26

By: Marleny Arnoldi     17th September 2018 Transnet Port Terminal’s (TPT’s) Saldanha iron-ore plant will shut down from September 26, as part of its yearly maintenance plan across mechanical, electrical and structural works. TPT Cape Channel GM Velile Dube states that maintenance is a critical necessity at this stage, since the facility... 

Failure not an option at DCT berth deepening project, says TNPA

By: Shirley le Guern     11th September 2018 Transnet’s R7-billion megaproject to create deeper berths at the Durban Container Terminal (DCT) Pier 2’s North Quay will create some disruption and require close collaboration. However, given that this is the first project to be funded by the Brazil, Russia, India, China and South Africa's New... 

Failure not an option at DCT berth deepening project, says TNPA

Melting ice due to climate change disrupting shipping routes

By: Irma Venter     10th September 2018 Climate change is freeing up new trade routes in some areas, while increasing the risk of ice in others. There was another milestone for Arctic shipping in early 2018 when a specially designed liquid natural gas tanker became the first commercial ship to travel the Northern Sea Route in winter... 

Melting ice due to climate change disrupting shipping routes

TNPA to prioritise ship repairs, oil and gas facilities at Cape Town, Saldanha ports

By: Marleny Arnoldi     10th September 2018 Transnet National Ports Authority (TNPA) has identified infrastructure and port development projects that will be prioritised at its Cape Town and Saldanha ports. This was announced following the Western Cape Regional Customer Forum, held on August 31. The forum is aimed at aligning TNPA’s... 

TNPA to prioritise ship repairs, oil and gas facilities at Cape Town, Saldanha ports
TNPA COO Nozipho Mdawe

Transnet board suspends two senior executives

By: African News Agency      7th September 2018 Transnet's board on Thursday, announced the suspension of two senior executives. "The board of Transnet today suspended two senior Transnet executives – Thamsanqa Jiyane, the chief officer for advanced manufacturing of Transnet Engineering and Lindiwe Mdletshe, the senior manager for strategic... 

South Africa’s logistics ranked third among upper-middle-income countries

By: Simone Liedtke     6th September 2018 The 2018 World Bank Logistics Performance Index (LPI) ranks South Africa as the third most competitive market behind Thailand and China in terms of logistics performance among upper-middle-income economies ranking. Brand South Africa on Thursday welcomed the results of the LPI, which also sees... 

Grindrod reports strong recovery in interim earnings

By: Marleny Arnoldi     31st August 2018 Freight and financial services group Grindrod has achieved a strong year-on-year recovery in the six months to June 30, with its earnings a share having increased to 317c, compared with a loss a share of 11.5c in the first half of 2017. Headline earnings a share were 3.8c, compared with a... 

Empowered company offering bunkering services at Algoa Bay port

By: Marleny Arnoldi     23rd August 2018 Black, women-owned company South African Marine Fuels (SAMF) has started providing bunkering services in Algoa Bay, in the Eastern Cape, making the port a leading bunker and ship repair service provider to a wider market and the only licensed offshore bunkering operation in South Africa. SAMF... 

Grindrod appoints Andrew Waller as CEO

By: Marleny Arnoldi     22nd August 2018 Following the unbundling of its shipping business into a separate entity, Grindrod has appointed Grindrod Freight Services CEO Andrew Waller as group CEO. Grindrod Shipping listed in the industrial-transportation services sector of the JSE on June 19 and on the Nasdaq on June 18, while Grindrod... 

Transnet results eclipsed by irregular expenditure, qualified audit and State capture

By: Terence Creamer     20th August 2018 A surge in irregular expenditure to over R8-billion triggered a qualification of Transnet’s 2018 financial results, all but eclipsing an otherwise strong financial and operational performance by the State-owned group. The irregular expenditure related primarily to procurement undertaken by... 

Transnet results eclipsed by irregular expenditure, qualified audit and State capture

State capture inquiry gets underway in Johannesburg

By: African News Agency      20th August 2018 The judicial commission of inquiry into alleged capture of the South African State and its entities, referred to as ''State capture'', is set to begin on Monday in Johannesburg. At the centre of the hearings are the fugitive Gupta family, who have since left the country as allegations of... 

State capture inquiry gets underway in Johannesburg
Deputy Chief Justice Raymond Zondo

Get your house in order, MPs tell Transnet

By: Reuters     17th August 2018 Parliament's watchdog on public account on Friday said it had instructed the Transnet board and management to curb graft at the State-owned company. "The Standing Committee on Public Accounts (Scopa) has told the Transnet Board and management to stop the looting because the business is able to... 

Hawks investigate cases related to Gupta-loot worth more than R40bn

By: News24Wire      16th August 2018 The Hawks are investigating cases related to the Guptas' state capture project that involves more than R40 billion which has been plundered from state coffers. Lieutenant General Godfrey Lebeya presented the Hawks' progress in several cases of state capture to the Portfolio Committee on Police on... 

Transnet signals intention to suspend CEO Gama

By: African News Agency      16th August 2018 The Transnet board has served notice on CEO Siyabonga Gama and two other top senior officials that it intends to place them on precautionary suspension. Chief procurement officer Thamsanqa Jiyana and supply chain manager Lindiwe Mdletshe also received letters on Wednesday. 

Transnet signals intention to suspend CEO Gama
Photo by Creamer Media
Transnet CEO Siyabonga Gama

Gordhan announces whistleblower hotline to boost fight against corruption

By: News24Wire      15th August 2018 Stabilising State-owned enterprises could take six months or longer, depending on the extent of corruption, said Public Enterprises Minister Pravin Gordhan. The minister on Wednesday briefed the portfolio committee on public enterprises on the progress made in addressing governance challenges at... 

Gordhan announces whistleblower hotline to boost fight against corruption
Photo by Dylan Slater
Public Enterprises Minister Pravin Gordhan

Samsa investigates loss of 13 cargo containers off Durban coast

By: African News Agency      14th August 2018 The South African Maritime Safety Authority (Samsa) has launched an investigation into the loss of more than a dozen cargo containers that reportedly fell off a container ship some 22 nautical miles off the coast of Durban a week ago. Samsa on Monday issued an urgent alert warning to vessels... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

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