South Africa’s Transnet National Ports Authority (TNPA) confirms all 11 25-year terminal operator agreements with fuel and chemical handlers at the Island View complex, situated on the east coast as part of Durban port.
Last year, TNPA was instructed by transport minister Barbara Creecy to sign the agreements, however the mandate is being challenged in court by Capricorn Petrochemicals as it claims the decision favours existing operators rather than Black-owned companies.
In response to Capricorn’s questions, TNPA states it has ‘signed terminal operator deals across the liquid bulk sector, including petroleum and chemical commodity handles’ and ‘concluded a Third-Party Access Framework with all operators, establishing a mechanism through which new market entrants will access terminal capacity.’
Around three-quarters of South Africa’s fuel imports arrive through Island View, which also acts as the country’s main storage and supply hub.
