Performance ups and downs at Transnet

Ship turnaround times

increased by 8% in Cape

Town and 4% in Ngqura,

compared to 2016, while

Port Elizabeth (-8%),

East London (-24%) and

Richard’s Bay (-18%)

improved turnaround times

significantly.

This is according to

Transnet, which presented

its financial year-end results

– which saw revenue increase

by 5.3% to R65.5bn – for the

year ended 31 March 2017

in Johannesburg on Monday

morning (July 3).

Train turnaround times

meanwhile rose 32% at

Durban Pier 2, while

container moves dropped

15% at Durban Pier 1 and

12% at Durban Pier 2.

Despite this, Siyabonga

Gama, Transnet Group chief

executive, said Transnet

had made a number of

performance improvements

during the financial year.

He said the state-owned

company had issues with

the maintenance of straddle

carriers.

“We are refurbishing those

and are beginning to make

sure we do straddle pulling,

especially at the Durban

North quay to improve the

usage of this equipment. We

are upskilling our people and

retraining operators so that

we can maintain and exceed

world-class port norms in

terms of crane moves per

hour.”

Transnet’s export iron ore

line decreased to 57.2 million

tonnes from 58 million

tonnes the year earlier.

“We have improved

locomotive supply and

deployment on the coal line.

We’re very happy that on-time

arrivals improved by 142%,

and on-time departures

improved by 7.8%.”

Transnet’s general freight

volumes improved to 88.1

million tonnes, up 4.9%.

“This begins to indicate

that despite GDP growth of

0.7%, the road to rail strategy

is working,” said Gama.

“Despite market conditions,

we have had some very

good uptake in terms of the

general freight, automotive

and container sectors.”

Transnet Group CEO, Siyabonga Gama.