Expanded port capacity will support growth strategy

The world class infrastructure
that the Port of Durban
provides together with the
commitment from Transnet to
expand capacity and improve
efficiency is a key driver of
Cargocare’s plans for growth
in the region.
Currently engaged in
a growth plan that will
see the company control
greater volumes of cargo
traffic through Durban, the
appointment of Aadil Hoosen
in a business developmental
role within Cargocare Durban
is an important first step in
reaching this goal.
“The positioning of both
the ports of Durban and
Richards Bay is central to
the development of the KZN
economy. With the Port of
Durban being the busiest in
Africa and South Africa in turn
seen as the gateway to Africa
by many foreign investors,
these two ports are central to
the success of our strategy,”
says Hoosen.
A major challenge in Durban
however remains capacity.
“It is essential that Transnet
keeps to its word, having cited
plans to increase its capacity at
the Durban Container Terminal
over the next few years,” says
Hoosen. “Although the recent
global financial downturn
saw a drop in container
volumes, we have already
seen strong signs of recovery
with a significant increase
in volumes. This trend is
expected to continue with
Africa being seen as a premier
investment destination by the
world.”
Cargocare believes that
the two KZN ports provide
significant opportunity for
economic growth. “Durban
provides great opportunity for
re-export opportunities while
Richards Bay is the centre
of South Africa’s aluminum
industry and is also key
to securing South Africa’s
position as the second largest
exporter of coal in the world.
“With the expected increase
in foreign direct investment in
South Africa, cargo volumes
handled by both Richards
Bay and Durban are sure to
increase,” says Hoosen. “The
commitment from Transnet to
further develop infrastructure
and increase capacity will be
a catalyst for this growth and
we are positioning ourselves to
take full advantage.”