A New US$8.5 rail terminal at the Durban Container Terminal will be commissioned at the end of next month as Transnet Port Terminals continues with capital investments despite the economic downturn. Business Day South Africa reported.
Solly Letsoalo, Transnet Port Terminals’s chief operating officer, said at the weekend that while volumes were continuing to decline, these were expected to be no more than a “bump” on the long-term graph and that volumes would recover to 2007 levels in 2011.
Volumes at the Durban Container Terminal dropped 15.6 percent from December to February compared with the same period the previous year, but Transnet Port Terminals is continuing with its $169.5 expansion that includes four key aspects — increasing stack capacity from 13,691 ground slots to 17,262 ground slots, upgrading the straddle carrier seat, upgrading the staff car park, resurfacing quaysides and moving staff facilities and workshops from the water side to the land side.
Solly Letsoalo, Transnet Port Terminals’s chief operating officer, said at the weekend that while volumes were continuing to decline, these were expected to be no more than a “bump” on the long-term graph and that volumes would recover to 2007 levels in 2011.
Volumes at the Durban Container Terminal dropped 15.6 percent from December to February compared with the same period the previous year, but Transnet Port Terminals is continuing with its $169.5 expansion that includes four key aspects — increasing stack capacity from 13,691 ground slots to 17,262 ground slots, upgrading the straddle carrier seat, upgrading the staff car park, resurfacing quaysides and moving staff facilities and workshops from the water side to the land side.