Logistics company set to double volumes into Africa

M&S Logistics Limited is set to double its volumes into Africa in 2014, opening up new markets on the continent and building new ISO tanks to cater for the growth, says company managing director, Kreason Pillay. The company is a global provider of bulk liquid transport, specialising in the use of ISO tank containers. He told FTW that the focus was on Nigeria, Ghana, Namibia and Angola as well as Kenya, Tanzania and Mozambique. “Our business in Africa has grown over the past years, both in East and West Africa, but volumes have recently been on a slight decline as African countries look to countries other than South Africa for the supply of chemicals and bulk liquids,” said Pillay. As a global company, M&S is able to supply the logistics and tanks required, he added. “As a supply hub, however, South Africa is losing market share in the African trade as we become less competitive, with higher freight rates adding to logistics costs and the commodity price.” Pillay commented. He said M & S Globally had recently opened up offices in Houston the USA, and at the time of going to press was in the process of establishing offices in Singapore. “We see ourselves as niche players globally and target specific key clients in order to achieve our growth. INSERT & CAPTION As a supply hub South Africa is losing market share in the African trade. – Kreason Pillay