Ricochet News

Transnet port terminals providing new equipment for Mandela Bay’s ports

OCTOBER 9, 2014
Transnet port terminals providing new equipment for Mandela Bay’s ports

Transnet Port Terminals (TPT) is proving new equipment for the ports of Port Elizabeth and Ngqura with CEO Karl Socikwa saying TPT expects to see “rapid capacity increase in the years ahead”.

Spelling out the investment at the Port of Ngqura, the CEO said that additional developments included the port’s container terminal taking delivery of new rubber tyred gantries and mobile harbour cranes in March this year “as part of a R1.1 billion investment”.

Socikwa said in a statement that this would see the terminal “increase its handling capacity to one million twenty-foot equivalent units (TEUs) in the current financial year owing to the additional berth that was al-ready in operation and that was complemented by the terminal’s new equipment, which includes 48 hauliers”.

He said since the container terminal had been opened in October 2009 it had enjoyed “phenomenal growth in its period of operation having begun with a throughput of 78 935 TEUs in the first year”.

At Port Elizabeth, the CEO said that the port’s container terminal was set to take delivery of 10 straddle carriers and have a quay side rail replaced, adding that this would all happen during the next two years at a total cost of R344 million.

Socikwa said that after R1.6 billion had been spent at all ports in the last financial year, this was set to rise to R7 billion in 2018/19, adding that the terminal infrastructure upgrade programme “has reached a critical stage for TPT and the wider Transnet group”.

He said that TPT was responsible for spending R33 billion or 10% of overall Market Demand Strategy funding with the spending directed towards the purchase of equipment, reconfiguration and upgrade of facilities as well as training of staff for Transnet’s own needs as well as those of the wider economy. - metrominutes