R/€ = 18.05 Change: 0.00
R/$ = 14.87 Change: 0.05
Au 1872.28 $/oz Change: 16.97
Pt 1104.98 $/oz Change: 6.75


Grindrod Shipping extends IVS Pinehurst charter-in period

By: Tasneem Bulbulia     4th December 2020 Dual-listed Grindrod Shipping has agreed to extend the firm charter-in period of the 2015-built supramax drybulk vessel IVS Pinehurst for 11 to 13 months, starting from November 15. The company has a further option to extend the charter for an additional 11 to 13 months and retains the existing... 

OTGC abandons plan to develop Ngqura liquid bulk storage terminal on viability concerns

By: Creamer Media Reporter      17th November 2020 Joint venture company Oiltanking Grindrod Calulo (OTGC) has decided not to proceed with the development of a liquid bulk storage terminal in the Port of Ngqura. The Transnet National Ports Authority (TNPA) in 2011 awarded OTGC preferred bidder status to develop a liquid bulk storage terminal in... 

Synchronising operating hours one option to reduce port congestion

By: Irma Venter     21st August 2020 The Port of Durban Decongestion Task Team is looking at synchronising the operating hours of the back-of-port container depots with the port’s 24/7 operating hours.  The team also wants to introduce a holistic truck booking system that could provide an integrated view of expected truck volumes... 

Grindrod expects to report interim loss as a result of Covid-19

By: Marleny Arnoldi     19th August 2020 As a result of Covid-19-specific actions, JSE-listed freight logistics group Grindrod expects to report a loss of between R286-million and R316-million for the six months ended June 30. The company expects to post an interim loss a share of between 42.2c and 46.6c. 

Grindrod appoints new FD

By: Marleny Arnoldi     2nd July 2020 JSE-listed logistics group Grindrod has announced the appointment of Fathima Ally as group FD, effective September 1. She succeeds Xolani Mbambo, who is moving into an operations position.  

Grindrod notes impact of lockdown on its businesses

By: Tasneem Bulbulia     26th June 2020 JSE-listed Grindrod’s trading in the first quarter of this year was strong through most of its businesses, the company said in a pre-close business update on June 26. It noted, however, that Covid-19-related lockdowns in Southern African countries impacted significantly on the ability of many of... 

Grindrod breaks ground at R105m AutoPort project 

By: Irma Venter     17th January 2020 Freight logistics group Grindrod has started construction on a new, R105-million AutoPort, just off the N3 in Camperdown, KwaZulu-Natal. The 270 000 m2 property is located between Pinetown and Pietermaritzburg. 

R7bn Limpopo coal mine a step closer as ResGen, Transnet ink ten-year logistics deal 

By: Terence Creamer     21st November 2019 State-owned freight logistics group Transnet signed a ten-year take-or-pay coal transport agreement with Resource Generation (ResGen) subsidiary Ledjadja Coal on Thursday, improving prospects for the development of a new R7-billion greenfield coalmine in the Limpopo province. Under the contract,... 

TNPA supports World Maritime Day 2019

27th September 2019 South Africa’s ports under the custodianship of Transnet National Ports Authority (TNPA) rolled out an array of activities to mark World Maritime Day on Thursday, 26 September. Created by the United Nations (UN), via the International Maritime Organization (IMO), World Maritime Day celebrates the... 

Ngqura liquid bulk terminal project, South Africa

By: Sheila Barradas     21st June 2019 The Transnet National Ports Authority and Oiltanking Grindrod Calulo have said that they are on track with developments at the Port of Ngqura. 

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