TPT gets multipurpose terminal depot licences

Mar 29, 2017: Transnet Port Terminals (TPT) has received new depot licences from the South African Revenue Service for all its multipurpose terminals (MPTs) for the packing and unpacking of containers for all commodities, including agri, mineral and mining bulk products.

This enables state-owned TPT to efficiently facilitate the needs of new and existing customers by adding value to their commodity supply chain and growing its revenue stream amid depreciating commodity volumes.

The new service, offered at all seven MPTs at Durban Point, Durban Maydon Wharf, East London, Richards Bay, Port Elizabeth, Cape Town and Saldanha, was a "welcome intervention", not just for junior miners but also for well-established businesses, TPT says.