The R5.4bn, five-year expansion programme at the Cape Town container terminal continues to transform South Africa's second largest container facility.
'Some improvements, but could do a lot better', is probably the summary of Transnet’s report card for the past five years.
Development is continuing apace at the Coega Industrial Development Zone (IDZ) outside Port Elizabeth, with Grinaker-LTA having been awarded a R57-million contract for the construction of a new facility there for Cape Concentrate
Volumes at SA's port terminals will grow up to 10% per year over the next five years despite the current recession and volume decrease of 3.3% this year, according to Transnet.
Coal of Africa confirmed on Friday that its talks for a public-private partnership with Transnet Freight Rail to boost future export capacity were still in progress.
The future of East London’s harbour is in doubt and business has been challenged to put forward a plan to rescue it.
The construction contract for Transnet's new administration building and accompanying facilities at Coega's Port of Ngqura has been completed by Grinaker-LTA, a subsidiary of the JSE-listed Aveng Group
A new R70m rail terminal at the Durban Container Terminal will be commissioned at the end of next month as Transnet Port Terminals continues with capital investments.
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