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24 September 2021 The on-line newspaper devoted to the world of transports 22:35 GMT+2

December 21, 2007

Grinding out growth

By David Furlonger

SA transport group Grindrod is restoring Maputo's port infrastructure

Efforts by the port of Maputo in Mozambique to win business from SA's overstretched ports are likely to be stepped up with the purchase of effective control by Grindrod, the SA transport group whose activities include freight, shipping and logistics.
Grindrod has built up a 48% share in the international consortium that owns 51% of the concession to run the port. After buying into the concession for the first time in 2006, it raised its share to the current level in October when it bought out the stake of Swedish construction group Skanska ......
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