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17 September 2019 The on-line newspaper devoted to the world of transports 22:48 GMT+2



October 29, 2012

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The Grindrod South African deep the activities of marine agency with those of the compatriot Sturrock Shipping

Constituted joint venture 50:50

The shipowning group and logistic Grindrod South African has melted own activities of marine agency with those of the compatriot Sturrock Shipping, marine agency of property of the Sturrock family and the Calulo group, than in its turn Black Economic Empowerment is partner of Grindrod in the within of the South African norm BEE () that it has the objective to increase the involvement of the population of color in the economic activities.

Grindrod and Sturrock Shipping have constituted joint venture 50:50 that will become operating next thursday. The new marine agency will be present with offices is in Africa, through the activities of marine agency in the South Africa of the Grindrod group and through the presence of Sturrock Shipping in the sub-Saharan region, it is in Australia, where in the 2010 Sturrock Shipping it has bought the activity of two marine agencies. Joint venture will mainly make use of the competences of the Grindrod group in the marine transport of bulk sand banks and those of Sturrock Shipping in the marine liquid bulk transport.



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