Saudi giant eyes Cape Town port

  • Thread starter Thread starter Bloomberg
  • Start date Start date
A photo of the V&A Waterfront accompanies every story about CT. The article is about something different:
Transnet National Ports Authority is seeking a new private operator for the Duncan Dock Precinct, one of two multipurpose terminals at the port.

From Google:
The Duncan Dock is a major part of the Port of Cape Town in South Africa. Built between 1938 and 1945, construction on the dock led to large-scale land reclamation that created the city's Foreshore district. It was named after Sir Patrick Duncan, the Governor-General of the Union of South Africa.
 
Ports when not run by the current government make massive profits
 
A friend's son works for an engineering co who service the spreaders and mechanical units at the Container Depot.
Many of their invoices remain unpaid for over a year
In June 2025, during a storm, all 5 cranes stopped working. He had a call from a staff member at the depot to come and get one working straight away. He called his boss who told him not to go
The next day he and 4 engineers were called to a meeting. There had been a complaint that a container ship had been delayed 24 hours at a cost of US$34000 and they expected his company to settle the the bill
He produced 55 invoices going back 14 months for R1,9m
The container manager called the accounting section asking why these had not been paid
No-one had any idea. The section chief was away and they could not access the invoices, so they told him
The office was in total chaos, all blaming one another
The ship remained another day for a further $34k, plus berthing fees
 
A friend's son works for an engineering co who service the spreaders and mechanical units at the Container Depot.
Many of their invoices remain unpaid for over a year
In June 2025, during a storm, all 5 cranes stopped working. He had a call from a staff member at the depot to come and get one working straight away. He called his boss who told him not to go
The next day he and 4 engineers were called to a meeting. There had been a complaint that a container ship had been delayed 24 hours at a cost of US$34000 and they expected his company to settle the the bill
He produced 55 invoices going back 14 months for R1,9m
The container manager called the accounting section asking why these had not been paid
No-one had any idea. The section chief was away and they could not access the invoices, so they told him
The office was in total chaos, all blaming one another
The ship remained another day for a further $34k, plus berthing fees
When did vac work there in 2010 they still did maintenance on spreaders and maintenance in house. breakdowns etc too Did they change?
 
A friend's son works for an engineering co who service the spreaders and mechanical units at the Container Depot.
Many of their invoices remain unpaid for over a year
In June 2025, during a storm, all 5 cranes stopped working. He had a call from a staff member at the depot to come and get one working straight away. He called his boss who told him not to go
The next day he and 4 engineers were called to a meeting. There had been a complaint that a container ship had been delayed 24 hours at a cost of US$34000 and they expected his company to settle the the bill
He produced 55 invoices going back 14 months for R1,9m
The container manager called the accounting section asking why these had not been paid
No-one had any idea. The section chief was away and they could not access the invoices, so they told him
The office was in total chaos, all blaming one another
The ship remained another day for a further $34k, plus berthing fees
If more private companies did this instead of falling all over themselves to charge their customers to fix the mess the municipalities (who have already been paid rate and taxes by the same consumer to fix the problems) have made in the first place. I find it very difficult to support or use any company that is 'stepping in' to help government because I already know that cost gets passed on to me and is effectively a double or triple tax.
 
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