New terminal operator launches business in the Port Elizabeth port
In-port logistics provider Bidfreight Port Operations (BPO) officially launched its multipurpose terminal (MPT) operations in the Port of Port Elizabeth on November 29, following completion of the refurbishment of Sheds 10 and 11.
Transnet National Ports Authority’s (TNPA's) Port of Port Elizabeth in February announced the appointment of its third terminal operator at the MPT.
BPO became the second private terminal operator at the MPT after the successful award of a Section 56 terminal operator licence through an open tender process.
The licence awarded to BPO required the design, development, financing, construction, operation and maintenance of the sheds.
The project has now officially been completed, with the transformed facilities expected to engender volume growth of multipurpose cargo passing through the port, boost the economy of Nelson Mandela Bay and provide jobs.
A Section 56 agreement, in terms of the National Ports Act, allows TNPA to sign terminal operator agreements with private-sector companies to reduce the cost of doing business and improve the competitiveness of South African companies.
The strategic partnership between TNPA and BPO is said to have ensured the critical creation of jobs during the construction phase, the promotion of rural development through skills development in the construction industry, empowering local broad-based black economic empowerment businesses and increasing local business revenue.
BPO is a fully empowered Level 2 broad-based black economic empowerment entity. It aims to create at least 30 new permanent jobs in the logistical supply chain through its Port Elizabeth operation.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation