The Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminals (Pty) Ltd as the preferred bidder for the acquisition, operation, maintenance, refurbishment, construction, and transfer of a R195 million Liquid Bulk Terminal at the Port of Cape Town.
The terminal, located in the port’s Liquid Bulk Precinct, will be managed by FFS Tank Terminals under a 25-year concession agreement.
Announcing the decision on Thursday, TNPA stated that the company was selected through the concession process defined under Section 56 of the National Ports Act No. 12 of 2005.
“This appointment is a strategic step toward enhancing the port’s efficiency and competitiveness,” TNPA stated. “It aligns with our mandate to provide port services and facilities, focusing on revenue diversification, job creation, infrastructure development, and collaboration with the private sector to drive sustainable economic growth.”
FFS Tank Terminals, a Level 1 B-BBEE contributor with over 20 years of expertise in the liquid bulk sector, specializes in handling products like heavy fuel oil and edible oils.
“The new concession agreement will inject an investment of R195 million into the facility,” TNPA added. “This investment will facilitate infrastructure refurbishment and upgrades, significantly boosting operational efficiency.”
According to TNPA, the selection of FFS Tank Terminals underscores its commitment to ensuring uninterrupted liquid bulk operations, security of supply, and expanded port capacity.
“This initiative will not only bolster economic growth at the Port of Cape Town but also stimulate the local economy through job preservation, employment creation, local supplier engagement, and skills development,” said Ophelia Shabane, Acting Manager of the Port of Cape Town.
TNPA further noted that the appointment is part of a “phased approach” for terminal operations within the Liquid Bulk Precinct. While all existing terminals in the precinct remain operational, additional terminals are expected to undergo the concession process in the coming year, ensuring compliance with the transparency and fairness requirements of the National Ports Act.
The project marks a significant milestone in TNPA’s efforts to modernize infrastructure and foster private-sector participation to drive sustainable development.
