Tuesday , 21 January 2020
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Transnet announces slight growth in port container volumes

South African state-owned company Transnet has announced a 2.3% increase in its port container volumes to 2.34m teu during the six months to September 30, 2015 from the 2.29m teu handled in the same period last year.

According to the company, the increase was due to a “marginal increase in import and export containers, in line with the subdued economic activity”.

The firm announced improvements in ship turnaround times in September 2015 compared to March this year at most of its container terminals, including those at the Port of Durban.

The Port of Durban, which ranked 58th in the 2015 issue of CM’s World Top Container Ports having handled 2,666,344 teu in 2014, recorded a 6% drop in its ship turnaround times from 51 hours in March 2015 to 48 in September this year.

At the Port of East London, Transnet’s facilities saw a 30% increase from 50 hours in March this year to 65 in September 2015.

The company’s Ngqura terminals recorded a 23% drop from 34 hours in March 2015 to 26 in September this year, while its Cape Town facilities showed an 11% decrease from 27 to 24 hours and its Port Elizabeth operations registered a 19% drop from 26 to 21 hours.

The average moves per ship working hour (SWH), which is a measure for terminal productivity, recorded an increase from 42 to 62 moves at the Ngqura Container Terminal, while Durban’s Pier 1’s moves increased from 47 to 50 and Pier 2’s moves from 59 to 62.

The company claimed that the “significant gains” in SWH were due to the management’s focus on turning vessels around quicker.

In its results presentation, a company statement concluded by pledging to ensure “that capacity is created ahead of validated demand.”