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Ports and logistics group Grindrod is set to invest big in its Matola drybulk terminal in Mozambique. Announcing Grindrod’s financial results for the year ended December 31 earlier this month, CEO...
Ports and logistics group Grindrod is set to invest big in its Matola drybulk terminal in Mozambique. Announcing Grindrod’s financial results for the year ended December 31 on Thursday, CEO Xolani...
The Mpungu freight vessel has made its debut on Lake Victoria, in East Africa. The Mpungu will be Lake Victoria’s first scheduled roll-on/roll-off freight vessel, addressing the need for a reliable...
The criminal syndicates that regularly bring South Africa’s coal export line to a halt have been identified through the intelligence operations that are conducted by Transnet Freight Rail (TFR)....
The Maputo Port Development Company (MPDC) says the Port of Maputo achieved a record volume of 31.2-million tons in 2023, up 16% on the previous year. MPDC is a public–private partnership between...
Mozambique approved an extended deal for DP World, Grindrod and other operators of its biggest port, including a $2-billion expansion that will further draw cargoes away from neighboring South...
The Maputo Port Development Company (MPDC) says the Port of Maputo has achieved a record volume of 31.2-million tons in 2023, up 16% on the previous year. MPDC is a public-private partnership...
South Africa’s selection of Filipino billionaire Enrique Razon’s harbour firm as a partner to revive sub-Saharan Africa’s biggest container port is being questioned by losing bidders. Companies...
The development of the Gugulethu Colliery – a greenfield project located to the southeast of Hendrina and proximate to Davel – is taking place at an “opportune time” as export opportunities for...
JSE-listed paper and packaging manufacturer Sappi has announced that nonexecutive director Nkululeko Sowazi will succeed Sir Nigel Rudd as independent chairperson, with from February 8 next year....
As part of its Corporate Social Responsibility, Grindrod donated 177 bicycles to schools in Namaacha and Boane in the province of Maputo. This project will directly impact 77 teachers, school...
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...
Logistics specialist Grindrod aims to “deconcentrate” its portfolio of commodities, says CEO Xolani Mbambo. Unveiling the company’s financial results for the year ended December 31 last week, he...
Logistics specialist Grindrod aims to “deconcentrate” its portfolio of commodities, says CEO Xolani Mbambo. Unveiling the company’s financial results for the year ended December 31 on Thursday, he...
InfraCo Africa plans to build a ferry that will transport fully laden trucks between Port Bell, serving Kampala, in Uganda, and the port at Mwanza South, in Tanzania.
Ship management company Taylor Maritime Investments (TMI) and its subsidiary Good Falkirk have entered into a transaction implementation agreement with JSE-listed maritime transportation services...
Investment holding company Remgro recorded a strong financial year ended June 30, despite headwinds that the company says can be regarded as extreme events, which disrupted the global and local...
Stellenbosch-based investment group Remgro has announced the unbundling of its shareholding in JSE-listed freight and logistics group Grindrod, as part of the realignment of its investment...
South African billionaire Johann Rupert’s investment vehicle, Remgro Ltd., is planning to sell its stake in the local unit of energy giant TotalEnergies, according to people familiar with the...
A keel-laying ceremony at the Entebbe shipbuilding facility of SECO Marine, an Alpha group company, has marked a milestone in the construction of the East Africa Marine Transport (EAMT) ferry. EAMT...
JSE-listed Grindrod achieved a strong performance for the six months ended June 30, delivering good earnings growth in its core businesses. This was underpinned by strong mineral commodity markets...
Further to a trading statement published on June 28, JSE-listed freight and logistics group Grindrod in an on August 18 release says it now expects, with greater certainty, to report earnings of...
South Africa’s State-owned freight logistics group Transnet has shortlisted ten respondents for private sector participation in the Durban Container Terminal Pier 2 (DCT2), in KwaZulu-Natal, and a...
Grindrod has announced that Xolani Mbambo is to succeed Andrew Waller as CEO from January 1 next year. Waller is set to retire.
Grindrod has announced that Xolani Mbambo is to succeed Andrew Waller as CEO from January 1, next year. Waller is set to retire.
Grindrod’s Matola terminal at the Port of Maputo says it has welcomed its second coal train from Botswana. The terminal also managed to successfully discharge the 50 wagons using the terminal’s...
Mozambican President Filipe Jacinto Nyusi in May inaugurated 1 058 m of rehabilitated berthing area – comprising berths 6, 7, 8 and 9 – at the Port of Maputo. The berths, rehabilitated, expanded...
Grindrod’s Matola terminal at the Port of Maputo says it has welcomed its second coal train from Botswana. The terminal also managed to successfully discharge the 50 wagons using the terminal’s...
JSE- and Nasdaq-listed global maritime transportation services company Grindrod Shipping has entered into a contract to sell its 2016-built medium-range product tanker Matuku for $30-million....
Mozambican President Filipe Jacinto Nyusi last week inaugurated 1 058 m of rehabilitated berthing area – comprising berths 6, 7, 8 and 9 – at the Port of Maputo. The berths, rehabilitated, expanded...
The Matola Terminal Joint Venture plans to expand the capacity of the Matola drybulk terminal.
JSE-listed freight and logistics group Grindrod says its container depots, terminals and warehouse facilities in and around central Durban have been heavily impacted on by the recent floods in...
JSE-listed freight and logistics group Grindrod says its container depots, terminals and warehouse facilities in and around central Durban have been heavily impacted by the recent floods in...
The global coal demand, which peaked in mid-2021, is still reaching price record highs due to the major surge in coal prices worldwide. In response to the increasing demand for export capacity, the...
Freight services and banking group Grindrod will spend its share of R1.8-billion to upgrade the Matola drybulk terminal at the Port of Maputo, in Mozambique. The JSE-listed Gindrod holds a 65%...
Freight services and banking group Grindrod will spend its share of R1.8-billion to upgrade the Matola drybulk terminal at the Port of Maputo. The JSE-listed Gindrod holds a 65% share in the Matola...
JSE-listed Grindrod says it handled record mineral volumes at its Port and Terminals operations, as well as performed strongly within its coastal shipping and container depot business, in 2021....
JSE-listed Grindrod’s sub-concessioned facilities, the Maputo and Matola Drybulk Terminals, are considering the expansion of their respective footprints, the Maputo Port Development Company...
JSE-listed diversified miner Exxaro Resources has appointed Dr Pumla Mnganga, Karin Ireton, Billy Mawasha, and Ben Magara to the board as independent nonexecutive directors, effective February 7....
The multidisciplinary, multi-stakeholder Port of Durban Decongestion Task Team will focus on rolling out a number of long-term initiatives as more permanent solutions to the ongoing challenges...
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and Grindrod, have tasked SECO Marine to build a 96-m-long roll on/roll off ferry, in Entebbe, Uganda. SECO is an...
A Cape size vessel, about the length of three soccer fields, last week set sail from Grindrod’s Terminal de Carvão da Matola (TCM), carrying a parcel of 147 545 t of magnetite destined for China....
The Energy Regulator has approved five site licences for the importation and storage of liquefied natural gas (LNG) by black-owned energy company DNG Energy. The Energy Regulator approved the site...
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