Five companies in contention for terminal in Richards Bay
Expanding capacity in South African ports
SOUTH AFRICA: Five bidders are in contention to develop a liquid bulk and green fuel terminals in the South Dunes Precinct of the Port of Richards Bay for a 25-year concession period.
Transnet National Ports Authority (TNPA) has named five companies as preferred bidders for the development, worth approximately R17 billion. The terminal is an integral part of expanding the port’s liquid bulk handling capacity while advancing South Africa’s energy transition.
The successful preferred bidders are:
◼︎ KZN Oils (Pty) Ltd;
◼︎ Linsen Nambi (Pty) Ltd;
◼︎ Protank (Pty) Ltd;
◼︎ Bidvest/Mnambithi Consortium; and
◼︎ KNGM Engineering (Pty) Ltd.
The project will entail funding, design, development, construction, operation, maintenance and transfer of the liquid bulk terminals for a 25-year concession period. The sites will be designed to handle various petrochemical products that are critical for the economy of the country, including but not limited to diesel, petroleum, jet fuel, marine fuels, biofuel, hydrogen, liquefied petroleum gas (LPG), pure butane, pure propane, base oils and bitumen.
In making the announcement, the Richards Bay Port Manager Captain, Dennis Mqadi, emphasised the significance of this milestone, stating: “The award of preferred bidders for the South Dunes Precinct development is a major milestone in strengthening the Port of Richards Bay’s position as a premier liquid bulk and green fuel hub. By securing long-term investment in critical infrastructure, we are ensuring the port remains globally competitive while contributing to South Africa’s energy security objectives.”
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