Corporate Affairs
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TNPA presents strategy to improve transformation at Island View Precinct
A major shake-up within the Island View Precinct (IVP) in the port of Durban is expected after Transnet National Ports Authority (TNPA) began engaging tenants ahead of the implementation of its new IVP strategy this week. At a press conference followin…
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TNPA presents strategy to improve transformation at Island View Precinct
A major shake-up within the Island View Precinct (IVP) in the port of Durban is expected after Transnet National Ports Authority (TNPA) began engaging tenants ahead of the implementation of its new IVP strategy this week. At a press conference followin…
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TPT unveils locally assembled diesel-electric straddle carriers
State-owned freight transport company Transnet Port Terminals (TPT) on Tuesday unveiled 23 locally assembled diesel-electric straddle carriers at the Durban Container Terminal Pier 2, marking an important milestone in fostering local procurement and laying the foundation to supply cargo handling equipment to the rest of Africa. Speaking at the event, Transnet CEO Siyabonga Gama said that the newly completed straddle carriers marked an important turning point in the utility’s relationship with Finnish company Kalmar, a global leader in cargo-handling equipment.
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Transnet Freight Rail accepts delivery of the first TRAXX Class 23 E locomotives
Transnet Freight Rail on Thursday formally accepted the first of 460 TRAXX Class 23 E locomotives at the Transnet Engineering head office, in Durban. To date, 15 locomotives are in the final stages of dynamic acceptance testing and are expected to star…
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Transnet mulls options to improve Durban port efficiencies
Improving ship turnaround times, implementing a scheduling system to alleviate crippling truck congestion at the Durban Container Terminal (DCT) and rescheduling construction of the Durban Dig Out Port (DDOP) were some of the key topics discussed durin…
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Preferred bidder for R215m Durban cruise terminal finally selected
KwaZulu Cruise Terminal (KCT) – a joint venture between MSC Cruises, a subsidiary of MSC Mediterranean Shipping Company, and its black empowerment partner, Africa Armada Consortium – has been selected the preferred bidder for the development of the R215-million Durban Cruise Terminal. Announcing the decision on Tuesday, Transnet National Ports Authority (TNPA) CEO Richard Vallihu told guests on the quayside beside N-shed in the port of Durban – which has been used as a “makeshift cruise terminal” for a number of years – that the chosen bidder would be responsible for the design, financing, construction, operation, maintenance and transfer of a cruise terminal facility for a 20-year concession period.
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Durban port takes delivery of Umbilo tug
“Made for Durban in Durban” is how Transnet National Ports Authority (TNPA) CEO Richard Vallihu described the Umbilo, the latest tug to be launched in Durban, on Friday. The sixth to roll off the South African Shipyards’ (SAS’s) production line, the Umbilo will be the first tug to be based at its home port of Durban. Five tugs have already been delivered to Port Elizabeth, Saldanha and Richards Bay.
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African countries must create conducive environment to attract more infrastructure investment
Development finance institutions, banks and private investors are collectively sitting on trillions of dollars in capital that could be invested into African infrastructure projects if they were offered returns commensurate with the perceived higher ri…
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Mindset, technology changes needed to operate ports of the future
Current ways of operating ports and port cities are not viable or sustainable and a complete change in mindset, technology and skills would be needed in the very near future, Norton Rose Fulbright Attorneys national transport team head and master mariner Malcolm Hartwell said this week. “Ships are getting bigger and bigger. Soon, cargo will move to megahubs and be transferred to smaller feeder ships operating along the coast. That is the way the world is moving.
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Transnet calls for private sector support in funding South Africa’s logistics infrastructure
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 maritime summit, in Durban, on Monday.