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Maintenance and Operation of Ports and Harbours
South Africa’s commercial ports and harbours play a critical role in the domestic economy as enablers of trade between South Africa and its trading partners in the region and other parts of the world. Ports facilitate imports and exports and provide maritime services to international shipping traffic. Before the coronavirus pandemic, around 300 million tons of seaborne cargo moved through South African ports each year, and volumes are expected to be substantially lower this year. Transnet plays a dominant role in the operation and maintenance of South Africa’s major ports and harbours.
The coronavirus pandemic plunged world trade and the global maritime sector into crisis, and the unprecedented decline in domestic and global economic activity translated into sharp declines in vessel arrivals and cargo volumes. Backlogs, congestion and delays have led to additional charges and the loss of contracts. Coronavirus-related staff shortages have added to operational challenges.
Capacity expansion at the port of Saldanha will increase its servicing capacity from ten rigs to between twenty and forty per year. Rig repair capacity expansion projects are also planned for Cape Town, Durban and Ngqura. Under Operation Phakisa, twelve proclaimed fishing harbours in the Western Cape have been designated for rehabilitation and maintenance.
This report focuses on the Maintenance and Operation of Ports and Harbours and includes comprehensive information on the state and size of the sector, operational performance, corporate actions and developments and regulations. There are profiles of 14 players including Transnet, the dominant player in this sector and operator of all the major ports, private terminal operators and port services companies such Bidfreight Port Operations, civil marine service providers such as Southern Ocean Engineering and marina operations including the V&A Waterfront, Club Mykonos and Port St Francis.