Transnet National Ports Authority has signed a significant Terminal Operator Agreement with Mnambithi Terminals, paving the way for the development of a state-of the-art liquid bulk facility at the Port of Durban's Maydon Wharf Precinct.
The agreement signed recently, follows a successful section 79 directive under the National Ports Act of 2005, which underscores the project's alignment with national strategic and economic goals. Phillips said the 20-year TOA with Mnambithi Terminals, a 100% Black-owned subsidiary of Mnambithi Group, highlights TNPA's commitment to fostering transformation and inclusive growth within the port industry.
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