Transnet: "Complete and utter catastrophe"

This is from my daily port update today.

South Africa

  • Shortage on 20’ container
  • Most carriers implementing an Import Port Congestion Surcharge from December between 200 USD and 210 USD per TEU. Carriers that have not submitted a notice as yet may adjust their freight rates from December. GSL is the only line so far that implemented from November
  • South Africa reefer season November 2023 March 2024 – Limited export space during the season
  • Booking window +- 2 weeks


  • South Africa Port Delays – See attached.








South African Ports

  • Cape Town Container Terminal : 3 to 4 Days Delay Recovery is estimated in 1 week
  • Cape Town Multi-Purpose Terminal : 1 to 3 Days Delay
  • Coega: 6 to 7 days delay Recovery estimated in 2 weeks
  • Port Elizabeth: 2 to 3 Days Delay Recovery in 1-2 weeks
  • Durban Pier 1 : 6 to 7 Days Delay Recovery estimated in 3-4 weeks
  • Durban Pier 2 : 19 to 20 Days Delay Recovery estimated in 8-12 weeks
  • TFR Annual maintenance from 12 April to 11 December (See week 31 update )
Cape Corridor: 12 to 21 April 2023

Nort-East Corridor: 6 to 15 June 2023

North Corridor: 11 to 20 July 2023

Container Corridor: 15 to 24 August 2023 (suspended until February 2024)

Ore Corridor: 3 to 12 October 2023

Cape Corridor: 7 to 13 November 2023

Central Corridor: 5 to 11 December 2023

Container Corridor: 06 to 15 February 2024
 
To put this into context, Pier 1 and 2 combined can handle 3700 containers a day.
Shekou, the fruit handling port of Shenzhen handles 11000, and thats just 1 section of their main port. Shenzhens port combined handles an averaged 82000 containers a day.

Edit : This is TEU - Twenty Foot-Equivalent Units
 
LPCPT said:
Nope, just rename it. That the winning strategy in Mzansi
Click to expand...

This approach I agree with actually.

Few billion distributed to redo all the company branding will definitely fix the bad image the current entity has.
 
RonSwanson said:
https://twitter.com/x/status/1726898994809614429

"It will take four-and-a-half months to clear the backlog at the Durban harbour, where about 63 vessels are still anchored and waiting to be processed. Transnet Port Terminals says it has already lost R160m since September and is likely to lose more."
Click to expand...

They should use those aunties with the make-shift buckets. Ships will be clear in no time :cool: :cool:
 
Priapus said:
How bad are the backlogs?

Is the issue not being able to unload the ships or is it due to not being able to get them shipped to the rest of SA?
Click to expand...

Seeing one ship that arrived the 25th of Oct still waiting to unload.

It's unloading and getting them to all the freight companies depots.
 
Well since I am boycotting Woolworths, Dischem and anyone tied to the government, I guess my options are limited.

But thank you discovery. My measily one investment scored a Mega-Pint this past month.
 
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