Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

Marine empowerment

26 May 2000 - by Staff reporter
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Emtateni launches ship operating
venture, writes Leonard Neill

EMTATENI MARINE Corporation, an equal partnership between the Durban-based Emtateni Freight Plus and the European concern, Southern Seas Shipping Corporation, was launched in Johannesburg last week with its target to fill the vacuum left by the unbundling of Safmarine.
Headed by Prince Sifiso Zulu of the Zulu royal house as its chairman, it becomes the first empowerment ship operating company in South Africa.
It is a tailor-made joint venture, he says. Emtateni is in the perfect position to offer Southern Seas an advantage in local waters. We have the infrastructure in place in all southern African harbours to do so, and both companies are in a position to bring value to the table and offer a unique service to the industry.
Emtateni Freight Plus has established itself as a clearing and forwarding operation while Southern Seas is an amalgamation of Swedish and Greek shipping concerns. With headquarters in both London and Athens, it owns 24 vessels and charters up to 15 others as required.
Mons Bolins, Swedish head of Southern Seas, will be managing director of the new venture, which was launched by South Africa's deputy president Jacob Zuma at a formal gathering in Sandton at the weekend.
One of the major role players in the transport industry, Eskom's Rotrans, which is involved in domestic and cross-border operations, has signed to have all of its clearing and forwarding logistics handled by Emtateni Marine.
In-house training of both land and sea staff will be undertaken, and eventually it is hoped that the company will own its own vessels, manned entirely by its own crews, says Prince Zulu. I can see great opportunities arising in this way.
The company is set to maximise opportunities arising out of the deregulation of trade in the Southern African Development Community region, and will certainly benefit from opportunities in freight and shipping which will develop from the privatisation of the state.
My own group in Europe favours joint ventures as a method of developing new markets which can create a blend of local knowledge and strengths with international expertise, said Bolins.

Copyright Now Media (Pty) Ltd
No article may be reproduced without the written permission of the editor

To respond to this article send your email to joyo@nowmedia.co.za

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

FTW - 26 May 00

View PDF
Customs invites input on interpretation of procedures
26 May 2000
Spoornet wins massive Zimbabwe export deal
26 May 2000
It's a question of living the ISO lifestyle internally and externally
26 May 2000
P&ON chief executive resigns
26 May 2000
DTI hounds export fraudsters
26 May 2000
Swazi clearing agent reinstated at Oshoek
26 May 2000
It's vital that IT conforms to ISO standards
26 May 2000
Practical application is what matters
26 May 2000
Effective forwarders take new standards in their stride
26 May 2000
Transglobal acquires Gauteng warehousing group
26 May 2000
Local companies waive fees to help young cancer patients
26 May 2000
Privatisation won't necessitate dramatic job losses - Spoornet
26 May 2000
  • More

FeatureClick to view

West Africa 13 June 2025

Border Beat

Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
Cross-border payments remain a hurdle – Masondo
30 May 2025
BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
More

Poll

Has South Africa's ports turned the corner?

  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us