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Durban - Transnet will invest R20.5bn over the next five years to improve capacity and maintain Durban and Richards Bay harbours, the parastatal said on Monday.
“We will put new cranes in port harbours because ships wait too long in both harbours,” CEO Brian Molefe said during a session with black professionals organised by Durban Invest.
The event was also attended by Public Enterprises Minister Malusi Gigaba and senior officials of state-owned enterprises.
Molefe said Transnet is working on a plan which will end congestion in Durban harbour. He said both harbours are using old cranes, while Cape Town has received new cranes in the past few years.
Improvements are essential because Durban has the biggest container terminal in Africa.
It is South Africa's premier container, vehicle and liquid bulk port and also provides ship repair, cruise liner, navy, fishing and recreational facilities.
Molefe said the changing of the former Durban International Airport into a dugout port would also help increase capacity.
“We are trying to acquire the site and we will start digging,” he said.
The old Durban International Airport was decommissioned in May when the new King Shaka International Airport was opened.
Molefe said South Africa has the highest performing logistics system among upper middle-income countries. The challenge was sustaining the performance and integrating the regional freight system.
“We will put new cranes in port harbours because ships wait too long in both harbours,” CEO Brian Molefe said during a session with black professionals organised by Durban Invest.
The event was also attended by Public Enterprises Minister Malusi Gigaba and senior officials of state-owned enterprises.
Molefe said Transnet is working on a plan which will end congestion in Durban harbour. He said both harbours are using old cranes, while Cape Town has received new cranes in the past few years.
Improvements are essential because Durban has the biggest container terminal in Africa.
It is South Africa's premier container, vehicle and liquid bulk port and also provides ship repair, cruise liner, navy, fishing and recreational facilities.
Molefe said the changing of the former Durban International Airport into a dugout port would also help increase capacity.
“We are trying to acquire the site and we will start digging,” he said.
The old Durban International Airport was decommissioned in May when the new King Shaka International Airport was opened.
Molefe said South Africa has the highest performing logistics system among upper middle-income countries. The challenge was sustaining the performance and integrating the regional freight system.
