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Image of the keel-laying ceremony at the Entebbe shipbuilding facility of SECO Marine, an Alpha group company
New EAMT truck ferry to cut travel time across Lake Victoria – Grindrod
5th September 2022 By: Irma Venter

A keel-laying ceremony at the Entebbe shipbuilding facility of SECO Marine, an Alpha group company, has marked a milestone in the construction of the East Africa Marine Transport (EAMT) ferry. EAMT... 


Grindrod achieves strong interim performance
26th August 2022 By: Tasneem Bulbulia

JSE-listed Grindrod achieved a strong performance for the six months ended June 30, delivering good earnings growth in its core businesses.  This was underpinned by strong mineral commodity markets... 


Grindrod to post 188% earnings growth for H1
18th August 2022 By: Marleny Arnoldi

Further to a trading statement published on June 28, JSE-listed freight and logistics group Grindrod in an on August 18 release says it now expects, with greater certainty, to report earnings of... 


The Ngqura Container Terminal
Transnet shortlists bidders for Durban and Ngqura container terminals
15th August 2022 By: Terence Creamer

South Africa’s State-owned freight logistics group Transnet has shortlisted ten respondents for private sector participation in the Durban Container Terminal Pier 2 (DCT2), in KwaZulu-Natal, and a... 


Grindrod appoints Xolani Mbambo as new CEO
5th August 2022 By: Irma Venter

Grindrod has announced that Xolani Mbambo is to succeed Andrew Waller as CEO from January 1 next year.  Waller is set to retire. 


Image of Grindrod CEO-designate Xolani Mbambo
Grindrod appoints Xolani Mbambo as new CEO
22nd July 2022 By: Irma Venter

Grindrod has announced that Xolani Mbambo is to succeed Andrew Waller as CEO from January 1, next year.  Waller is set to retire. 


New export route for Botswana coal
3rd June 2022 By: Irma Venter

Grindrod’s Matola terminal at the Port of Maputo says it has welcomed its second coal train from Botswana. The terminal also managed to successfully discharge the 50 wagons using the terminal’s... 


Port of Maputo unveils rehabilitated berths
27th May 2022 By: Irma Venter

Mozambican President Filipe Jacinto Nyusi in May inaugurated 1 058 m of rehabilitated berthing area – comprising berths 6, 7, 8 and 9 – at the Port of Maputo. The berths, rehabilitated, expanded... 


Image of a coal stacker
Grindrod and partners create new export route for Botswana coal
18th May 2022 By: Irma Venter

Grindrod’s Matola terminal at the Port of Maputo says it has welcomed its second coal train from Botswana. The terminal also managed to successfully discharge the 50 wagons using the terminal’s... 


A docked Grindrod shipping vessel
Grindrod Shipping to sell tanker for $30m
18th May 2022 By: Darren Parker

JSE- and Nasdaq-listed global maritime transportation services company Grindrod Shipping has entered into a contract to sell its 2016-built medium-range product tanker Matuku for $30-million.... 


Image of the Port of Maputo
Port of Maputo unveils rehabilitated berths; new masterplan looks at further expansion
16th May 2022 By: Irma Venter

Mozambican President Filipe Jacinto Nyusi last week inaugurated 1 058 m of rehabilitated berthing area – comprising berths 6, 7, 8 and 9 – at the Port of Maputo. The berths, rehabilitated, expanded... 


Image of Mozambique map/flag
Matola drybulk terminal expansion, Mozambique
29th April 2022 By: Sheila Barradas

The Matola Terminal Joint Venture plans to expand the capacity of the Matola drybulk terminal. 


KZN floods force Grindrod to suspend operations at five sites for weeks
29th April 2022 By: Irma Venter

JSE-listed freight and logistics group Grindrod says its container depots, terminals and warehouse facilities in and around central Durban have been heavily impacted on by the recent floods in... 


Image of the Matola Terminal
KZN floods see Grindrod suspend operations at five sites for several weeks
19th April 2022 By: Irma Venter

JSE-listed freight and logistics group Grindrod says its container depots, terminals and warehouse facilities in and around central Durban have been heavily impacted by the recent floods in... 


Image of the Port of Maputo
Expansion considered at Maputo Port
1st April 2022

The global coal demand, which peaked in mid-2021, is still reaching price record highs due to the major surge in coal prices worldwide. In response to the increasing demand for export capacity, the... 


Grindrod, Vitol to invest R1.8bn in Maputo’s Matola Terminal expansion
18th March 2022 By: Irma Venter

Freight services and banking group Grindrod will spend its share of R1.8-billion to upgrade the Matola drybulk terminal at the Port of Maputo, in Mozambique. The JSE-listed Gindrod holds a 65%... 


Image of the Matola Terminal at the Port of Maputo
Grindrod, Vitol to invest R1.8bn in expanding Maputo’s Matola Terminal
3rd March 2022 By: Irma Venter

Freight services and banking group Grindrod will spend its share of R1.8-billion to upgrade the Matola drybulk terminal at the Port of Maputo. The JSE-listed Gindrod holds a 65% share in the Matola... 


Grindrod to post R871m core HEPS for 2021
22nd February 2022 By: Marleny Arnoldi

JSE-listed Grindrod says it handled record mineral volumes at its Port and Terminals operations, as well as performed strongly within its coastal shipping and container depot business, in 2021.... 


Increased capacity on the cards for Maputo, Matola drybulk terminals
14th February 2022 By: Tasneem Bulbulia

JSE-listed Grindrod’s sub-concessioned facilities, the Maputo and Matola Drybulk Terminals, are considering the expansion of their respective footprints, the Maputo Port Development Company... 


Former Lonmin CE Ben Magara
Exxaro strengthens board with nonexec appointments
3rd February 2022 By: Marleny Arnoldi

JSE-listed diversified miner Exxaro Resources has appointed Dr Pumla Mnganga, Karin Ireton, Billy Mawasha, and Ben Magara to the board as independent nonexecutive directors, effective February 7.... 


The Durban Container Terminal
Durban port decongestion task team to focus on long-term initiatives in the new year
15th December 2021 By: Schalk Burger

The multidisciplinary, multi-stakeholder Port of Durban Decongestion Task Team will focus on rolling out a number of long-term initiatives as more permanent solutions to the ongoing challenges... 


InfraCo Africa, Grindrod award Uganda ferry build contract to SECO Marine
9th December 2021 By: Marleny Arnoldi

InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and Grindrod, have tasked SECO Marine to build a 96-m-long roll on/roll off ferry, in Entebbe, Uganda. SECO is an... 


Image of the Matola Terminal at the Port of Maputo
Record shipment sets sail from Maputo’s Matola Terminal
7th December 2021 By: Irma Venter

A Cape size vessel, about the length of three soccer fields, last week set sail from Grindrod’s Terminal de Carvão da Matola (TCM), carrying a parcel of 147 545 t of magnetite destined for China.... 


A DNG Energy container on a truck
Energy Regulator approves five LNG storage licences for DNG Energy
6th December 2021 By: Terence Creamer

The Energy Regulator has approved five site licences for the importation and storage of liquefied natural gas (LNG) by black-owned energy company DNG Energy. The Energy Regulator approved the site... 


Grindrod reports solid progress in executing various strategies
6th December 2021 By: Tasneem Bulbulia

JSE-listed Grindrod continues to focus its efforts on executing the Port and Terminals, Logistics and Bank strategies and disposal of noncore businesses, it notes in a pre-close business update.... 


An image of a newly refurbished GL30 SCC locomotive at Pretoria-based freight company Railco Africa
Rail operator eyes South African, African leasing expansion with renewed locomotive fleet
29th November 2021 By: Donna Slater

Freight logistics company Grindrod, through its 43% shareholding in Pretoria-based freight company Railco Africa, is looking to expand its locomotives leasing and rail operations business in South... 


Grindrod Intermodal and Ocean Africa Container Lines to merge with Maersk
15th November 2021 By: Donna Slater

JSE-listed freight logistics group Grindrod has agreed to merge the South African container logistics businesses of Grindrod Intermodal (GIM) and Ocean Africa Container Lines (OACL) with AP Moller... 


Grindrod keen on potential private-sector participation opportunities at Transnet
8th October 2021 By: Irma Venter

A port that runs efficiently “can bring prosperity all around”, says Grindrod Freight Services CEO Xolani Mbambo. South Africa’s major ports are, however, currently ranked close to the bottom of... 


UCD opens new depot in Cape Town
1st October 2021 By: Irma Venter

United Container Depots (UCD) has moved from its location in Paarden Eiland to larger premises in Beaconvale, Parow, also in Cape Town. The new depot has a container stacking area of more than 20... 


Grindrod sells remaining stake in Grindrod Shipping for R368m
23rd September 2021 By: Simone Liedtke

Freight transportation arrangement company Grindrod on Thursday announced that it had sold its remaining shareholding in Grindrod Shipping for $24.8-million (R368.2-million). The sale shares amount... 


Image of Grindrod Freight Services CEO Xolani Mbambo
Govt’s private-sector participation drive could increase efficiency, prosperity – Grindrod
15th September 2021 By: Irma Venter

A port that runs efficiently “can bring prosperity all around”, says Grindrod Freight Services CEO Xolani Mbambo. South Africa’s major ports are, however, currently ranked close to the bottom of... 


Grindrod targets port, rail projects in govt’s private-sector participation drive 
10th September 2021 By: Irma Venter

Ports and logistics operator Grindrod is positioning itself to take part in the private-sector participation (PSP) opportunities to be created by government in the rail and ports sectors, says... 


TNPA supports CDC to deliver key liquid bulk infrastructure for Nelson Mandela Bay
9th September 2021 By: Simone Liedtke

The Transnet National Ports Authority (TNPA) is encouraging Port Elizabeth Liquid Bulk Tankfarm tenants, as well as any other parties interested in securing liquid bulk storage capacity, to contact... 


Carolus joins Grindrod board, to succeed Hankinson as chair in May 2022
7th September 2021 By: Creamer Media Reporter

JSE-listed Grindrod has appointed Cheryl Carolus nonexecutive director with effect from October 1. She will also succeed Mike Hankinson, who is retiring, as chairperson with effect from May 25, 2022. 


Image of container at a port
UCD opens new depot in Cape Town
30th August 2021 By: Irma Venter

United Container Depots (UCD) has moved from its location in Paarden Eiland to larger premises in Beaconvale, Parow, also in Cape Town. The new depot has a container stacking area of more than 20... 


Image of Grindrod CEO Andrew Waller
Grindrod targets port, rail projects in govt’s private sector participation drive 
27th August 2021 By: Irma Venter

Ports and logistics operator Grindrod is positioning itself to take part in the private sector participation (PSP) opportunities to be created by government in the rail and port sectors, says... 


Grindrod Shipping swings to interim net profit
19th August 2021 By: Simone Liedtke

Shipping services provider Grindrod Shipping posted a net profit of $27.59-million for the six months ended June 30, compared with a loss of $12.31-million in the six months ended June 30, 2020.... 


Grindrod's interim business performance improves
18th August 2021 By: Schalk Burger

The performance of JSE-listed freight and financial services company Grindrod’s core businesses improved during the first six months of this year, compared with the six months ended June 30, 2020,... 


Grindrod Shipping to acquire remainder of IVS Bulk joint venture
27th July 2021 By: Irma Venter

Grindrod Shipping Holdings has announced a number of transactions relating to the acquisition of the remaining 31.14% equity stake in its IVS Bulk joint venture (IVS Bulk). Grindrod Shipping... 


Grindrod aims for completion of northern Mozambique logistics hub in H1
26th March 2021 By: Irma Venter

Grindrod aims to have its logistics hub in Palma, in northern Mozambique, “up and running” by the end of the first half of this year, says Grindrod Freight Services CEO Xolani Mbambo. Palma is... 


Ngqura liquid bulk terminal project, South Africa
Ngqura liquid bulk terminal project, South Africa
19th March 2021 By: Sheila Barradas

The Transnet National Ports Authority has appointed the Coega Development Corporation as an implementation agent for a construction programme to ensure that the Ngqura liquid bulk terminal is... 


Grindrod aims for H1 completion of logistics hub in northern Mozambique
4th March 2021 By: Irma Venter

Grindrod aims to have its logistics hub in Palma, in northern Mozambique, “up and running” by the end of the first half of this year, says Grindrod Freight Services CEO Xolani Mbambo. Palma is... 


Hesper Engineering acquires majority stake in Swift Engineering
Hesper Engineering acquires majority stake in Swift Engineering
13th January 2021 By: Irma Venter

Novatech, trading as Hesper Engineering, a ship repair and general engineering company based in Cape Town, has purchased a 51% shareholding in Swift Engineering.  Swift Engineering, now trading as... 


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