By Marleny Arnoldi.
Transnet National Ports Authority (TNPA) has announced five preferred bidders for the development of liquid bulk and green fuel terminals in the South Dunes precinct at the Port of Richards Bay.
The development, valued at R17-billion, will be an integral part of expanding the port’s liquid bulk handling capacity and advance South Africa’s energy transition.
The five companies awarded preferred bidder status for five liquid bulk terminals are KZN Oils, Linsen Nambi, Protank, KNGM Engineering and Bidvest/Mnambith Consortium.
TNPA has started negotiations with the bidders to conclude official terminal operator agreements.
The contractors will undertake funding, design, development, construction, operations, maintenance and transfer of the liquid bulk terminals for a 25-year concession period.
The terminals will be designed to handle various petrochemical products, including diesel, petroleum, jet fuel, marine fuels, biofuel, hydrogen, liquefied petroleum gas, pure butane, pure propane, base oils and bitumen, that are critical for the country’s economy.
“The award of preferred bidders for the South Dunes Precinct development is a major milestone in strengthening the Port of Richards Bay’s position as a premier liquid bulk and green fuel hub.
“By securing long-term investment in critical infrastructure, we are ensuring the port remains globally competitive while contributing to South Africa’s energy security objectives,” comments Richards Bay port manager Dennis Mqadi.
The South Dunes Precinct development aligns with TNPA’s commitment to attract private-sector investment, modernise terminal infrastructure and ensure long-term sustainability.
By enhancing the port’s terminal capacity, the development will enable economic growth, job creation and allow opportunities for new entrants to participate in terminal operations.