TNPA signs terminal operator agreement with Mnambithi Terminals in transformation deal

State-owned Transnet National Ports Authority (TNPA) has signed a terminal operator agreement (TOA) with Mnambithi Terminals for the development of a liquid bulk facility at the port’s Maydon Wharf precinct, in KwaZulu-Natal. The project is expected to result in improved operational efficiencies at the Maydon Precinct as Transnet pursues several tactical initiatives to drive volume recovery and improve efficiencies across its divisions through the business-wide recovery plan.