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Press Office - Transnet Port Terminals

Transnet Port Terminals

Transnet Port Terminals (TPT) is one of five operating divisions of Transnet SOC Limited, South Africa’s state-owned freight transport and handling company. We are responsible for commercial handling services of sea-route freight across imports, exports and transhipments in containers, bulk, break-bulk and automotive. TPT operates terminals in seven South African commercial ports namely Richards Bay, Durban, East London, Port Elizabeth, Ngqura, Cape Town and Saldanha.

Topic

Leadership and inclusive growth to take centre stage at WEF on Africa

By: African News Agency      28th April 2017 Africa’s drive to generate inclusive economic growth and the leadership this requires will be the focus of the twenty-seventh World Economic Forum on Africa, taking place in Durban, South Africa, from May 3 to 5. The 27th World Economic Forum on Africa will convene over 1,000 leaders from more... 

LPG industry urged to act on non-binding market inquiry findings 

By: Terence Creamer     24th April 2017 South Africa’s Competition Commission has made far-reaching, yet non-binding, recommendations for dealing with prevailing “market distortions” in the domestic liquid petroleum gas (LPG) sector following its first-ever market inquiry, which took nearly three years to complete. The report... 

TNPA appoints new port managers

By: Megan van Wyngaardt     21st April 2017 The Transnet National Ports Authority (TNPA) has appointed the Port of Cape Town’s first female port manager Mpumi Dweba, who most recently served as port manager at the Port of Ngqura. She succeeds Sipho Nzuza, who recently resigned to take up the role of eThekwini municipality city manager. 

Recruitment process for new Eskom CEO to be concluded by end-May

By: Megan van Wyngaardt     19th April 2017 Public Enterprises Minister Lynne Brown expects the recruitment process for a new CEO at Eskom to be concluded by the end of May. Matshela Koko has been acting CEO since November 2016, when Brian Molefe resigned as CEO, following the release of a Public Protector report alleging his involvement... 

Fitch next to downgrade Eskom, Transnet to align with sovereign ratings

By: Natasha Odendaal     12th April 2017 South African State-owned Eskom and Transnet have also been downgraded by ratings agency Fitch to align with the recent downgrade of South Africa’s sovereign rating. Eskom’s long-term local currency issuer default rating (IDR) and the senior unsecured local currency rating have been downgraded... 

Rail – The Future of Africa’s Industrialisation

     11th April 2017 Rail infrastructure upgrades remain a core focus of the ongoing industrialisation of Africa, where the transportation of goods and commodities is often difficult and costly, due to underinvestment in rail infrastructure. China’s October 2015 announcement to pledge US$50-billion towards the... 

Transnet says well-positioned to withstand downgrade

By: Megan van Wyngaardt     7th April 2017 Standard & Poor’s (S&P’s) Global Ratings has downgraded Transnet’s long-term foreign currency sovereign credit rating from BBB- to BB+, in line with its assessment of the sovereign rating. S&P’s, however, maintained Transnet’s stand-alone credit profile at bbb, which the parastatal said reflected... 

S&P's South Africa sovereign junk downgrade 'the beginning of the capital market tsunami' - Abedian

By: Anine Kilian     4th April 2017 Ratings agency Standard & Poor’s (S&P’s) decision to downgrade South Africa’s credit rating to junk status, will adversely affect the cost and availability of capital, economist Iraj Abedian said on Tuesday.  “Before the downgrade, the South African government and all sub-national entities,... 

Transnet calls for private sector support in funding South Africa’s logistics infrastructure

By: Shirley le Guern     4th April 2017 Transnet cannot foot the entire R400-billion bill for logistics infrastructure alone. At least 25% should come from the private sector, which has sufficient funds “sitting and being lazy” on its balance sheets,Transnet CE Siyabonga Gama told delegates at the eThekwini Maritime Cluster’s annual... 

Transnet unveils Trans-Africa locomotive

By: Megan van Wyngaardt     4th April 2017 State-owned rail company Transnet on Tuesday unveiled the first locomotive to be designed, engineered and manufactured in Africa, the Trans-Africa locomotive. The company said the locomotive, which will be assembled at the company’s production facility in Koedoespoort, east of Pretoria, marked a... 

Zuma says SA remains committed to fiscal consolidation

By: African News Agency      4th April 2017 The South African government remains committed to fiscal consolidation, President Jacob Zuma said on Tuesday as calls for his resignation grew louder in the wake of Standard and Poor (S&P) Global downgrading the country to junk status. Zuma said he had instructed Finance Minister Malusi Gigaba to... 

SA at crossroads as state capture undermines democracy – Jonas

By: News24Wire      31st March 2017 Axed Deputy Finance Minister Mcebisi Jonas on Friday said that state capture is a national issue all South Africans need to take a stand against. South Africa is at a crossroads which should not be taken lightly, said Jonas. 

Coal junior targets near-threefold output increase to 10Mt/y in two years

By: Ilan Solomons     31st March 2017 Junior coal mining company Canyon Coal is producing 300 000 t/m of run-of-mine (RoM), which equates to 3.6-million tons of coal a year across all its operations. However, the company is aiming to increase this to ten-million tons a year over the next two years, thereby making it a midtier coal... 

TPT awarded multipurpose terminal depot licences

By: Natasha Odendaal     28th March 2017 The South African Revenue Service has granted Transnet Port Terminals (TPT) new depot licences for all its multipurpose terminals (MPTs) for the packing and unpacking of containers for all commodities, including agri, mineral and mining bulk products. This enables State-owned TPT to efficiently... 

TNPA undertakes R15m maintenance dredging campaign at Cape Town port

By: Creamer Media Reporter      24th March 2017 The dredging services division of Transnet National Ports Authority (TNPA) has implemented a R15-million maintenance dredging campaign at the Port of Cape Town to restore the design depths inside the Duncan dock. The maintenance campaign, which was started two weeks ago and is scheduled for... 

Transnet offers voluntary severance packages to staff

By: Megan van Wyngaardt     24th March 2017 Transnet on Friday confirmed that it is offering voluntary severance packages (VSPs) to its management and bargaining unit employees to streamline its business and ensure the group’s long-term sustainability. The parastatal cited subdued global economic growth, including a weak economic outlook... 

New strategy to give policy direction to rail sector

By: Irma Venter     24th March 2017 A new national rail strategy, proposed to become legislation in 2018/2019, will give policy direction to the rail sector for the first time in 150 years, says Department of Transport deputy director-general rail Jan-David de Villiers. The policy – currently a Draft White Paper – comes as South... 

Transnet mourns passing of board member

By: Megan van Wyngaardt     17th March 2017 Transnet chairperson Linda Mabaso on Friday said the passing of human rights lawyer and Transnet board member Peter Williams was a “double blow to our nation”, noting that he still had many years of wisdom and guidance to bestow upon the country. Williams, 49, passed away on Wednesday after... 

Transporters disagree with implementation of appointment only system at Durban terminal

By: Shirley le Guern     10th March 2017 The trucking fraternity has not taken kindly to an announcement on Friday by Transnet Port Terminals (TPT) that it will impose an appointment only system for trucks at the Pier 2 Container Port Terminal, in Durban, from April 1. At a presentation at the Container Terminal, regional manager Thula... 

Early signs pointing to recovery in foundry industry 

By: Simone Liedtke     10th March 2017 With the foundry industry having been under pressure last year owing to very low levels of economic growth, the drought and continuing import leakage, the South African Institute of Foundrymen (Saif) believes that signs to date this year point towards some form of industry recovery. 

New interim CEO at Group Five as top executives depart

By: Irma Venter     10th March 2017 Group Five CEO Eric Vemer has unexpectedly announced his resignation – “within the next few weeks” – from the JSE-listed construction group. Vemer took over from Mike Upton on December 1, 2014, and spent less than three years at the helm of Group Five. 

Treasury approval sought for Gautrain expansion plan

By: Irma Venter     10th March 2017 The proposed expansion of the Gautrain rail system has the capacity to create around 211 000 direct jobs, says Gauteng Human Settlements MEC Paul Mashatile. Speaking at the i-Transport and UATP Conference and Exhibition, in Sandton, in February, he noted that the Gautrain Management Agency (GMA)... 

Resgen aligns coal project contracts to secure funding

By: Martin Creamer     2nd March 2017 Engineering, procurement, construction and logistics contracts have been aligned to meet the debt funding requirements of the Boikarabelo coal mine project in Limpopo. Boikarabelo, which hosts coal resources of 995-million tonnes and the coal reserves of 267-million tonnes, with the first stage... 

Nersa increases petroleum pipeline tariffs by 0.30%

By: Megan van Wyngaardt     28th February 2017 The National Energy Regulator of South Africa (Nersa) has increased petroleum pipeline tariffs by 0.30%, allowing Transnet Pipelines to realise a 1.43% year-on-year increase in allowable revenue (AR) for 2017/18. If Energy Minister Tina Joemat-Petterson decides to use the pipeline tariff as a... 

AMSA unveils interim steel rail hub

By: Natasha Odendaal     24th February 2017 The official unveiling of the Isando Distribution Centre, in Germiston, on Friday, marked the next step in steel producer ArcelorMittal South Africa’s (AMSA’s) long-term initiative to migrate the bulk of domestic final product steel distribution from road to rail. Dedicated rail links between... 

On-The-Air (24/02/2017) 

By: Martin Creamer     24th February 2017 An investment of billions of rands is on the cards for the deep Mponeng gold mine on the Far West Rand; Discussions are under way between Germany and South Africa for the introduction of fuel cell buses; and A new national rail strategy is being drafted to give direction to the underperforming... 

Group Five reports R383m loss, CEO Eric Vemer resigns

By: Irma Venter     22nd February 2017 Group Five CEO Eric Vemer has unexpectedly announced his resignation – “within the next few weeks” – from the JSE-listed construction group. Vemer took over from Mike Upton on December 1, 2014, and spent less than three years at the helm of Group Five. 

Eskom and Transnet need to borrow billions more  

By: News24Wire      22nd February 2017 Eskom and Transnet need to borrow billions more than anticipated in 2016, National Treasury revealed in its 2017 Budget Review on Wednesday. Even as Eskom’s financial performance improved in 2015/16 as a result of a 12.7% tariff hike and a revenue increase by R10.5-billion to R161-billion, it... 

Transnet exec suspended after tender report

By: News24Wire      22nd February 2017 A senior Transnet executive has been put on special leave following a News24 report on a R10-million tender the State-owned company awarded to the executive's former boss. Transnet confirmed on Wednesday that Sandile Simelane, the head of Transnet Freight Rail's (TFR) corporate affairs... 

Minergy to list coal project in Botswana, also eyeing JSE

By: Martin Creamer     20th February 2017 Coal and energy company Minergy said on Monday that it will list on the Botswana Stock Exchange in the first half of this year and is also planning a Johannesburg Stock Exchange listing in 2017’s latter half. In the initial capital raising ahead of the listing of its Masama coal project, Minergy,... 

Global Perspective At South Africa's Automotive Show

     17th February 2017 Up to 400 executive-level delegates, representing South Africa's automotive manufacturing industry will gather to confer with and learn from global experts at its official event, the NAACAM Show in Durban during April.   Acclaimed London-based, global thought leader and charismatic futurist... 

New Draft White Paper suggests standard gauge network for freight rail 

By: Irma Venter     17th February 2017 A new national rail strategy, proposed to become legislation in 2018/2019, will give policy direction to the rail sector for the first time in 150 years, says Department of Transport deputy director-general rail Jan-David de Villiers. The policy – currently a Draft White Paper – comes as South... 

Conference to boost key partnerships

By: Robyn Wilkinson     17th February 2017 Industry representative Consulting Engineers South Africa (CESA) will host the twenty-fourth International Federation of Consulting Engineers’ Group of African Member Associations (FIDIC GAMA) Conference – one of the biggest networking events for African consulting engineers – in Cape Town from... 

Gautrain rolling stock procurement programme, South Africa

By: Sheila Barradas     17th February 2017 The Gauteng government is expected to announce the preferred bidder on the supply of new, additional rolling stock for the Gautrain system by mid-year. 

Tug building project, South Africa

By: Sheila Barradas     17th February 2017 A fifth tug has been launched in Durban, KwaZulu-Natal. 

Major South African coal extension project on cards – South32

By: Martin Creamer     16th February 2017 A decision will be taken in the June quarter on go-ahead for the Klipspruit Life Extension coal project in Mpumalanga, which is said to have robust economics. The original BHP Billiton capital expenditure (capex) of $500-million-plus for the two-year development has been more than halved under... 

Gautrain expansion project could see local spend of up to R79bn  

By: Irma Venter     14th February 2017 The proposed expansion of the Gautrain rail system has the capacity to create around 211 000 direct jobs, says Gauteng Human Settlements MEC Paul Mashatile. Speaking at the i-Transport and UATP Conference and Exhibition, in Sandton, on Tuesday, he noted that the Gautrain Management Agency (GMA)... 

TNPA launches newest tug, the Ukhozi

By: Shirley le Guern     13th February 2017 Transnet National Ports Authority (TNPA) and Southern African Shipyards (SAS) on Monday launched a fifth new tug, the Ukhozi, in Durban. TNPA CEO Richard Vallihu told guests at the launch ceremony that the nine-tug R1.4-billion project was 81% complete and was progressing on schedule and within... 

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