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
