Port of Cape Town secures FFS Tank Terminals for 25-year liquid bulk concession

Transnet National Ports Authority (TNPA) has appointed FFS Tank Terminals to refurbish and operate a liquid bulk terminal for a 25-year concession period at the Port of Cape Town.

The terminal specialises in edible oils and compatible cargo, boasting a projected investment value of R102 million. This includes capital and maintenance costs.

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FFS Tank Terminals will finance, construct, operate and maintain the liquid bulk terminal, and transfer it back to TNPA at the end of the concession period.

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The port authority confirmed the appointment in a statement on Friday. It says the work includes upgrading storage tanks to enhance structural integrity and repurposing the existing import pipeline.

Once upgraded, the improvements are expected to enhance the throughput of vegetable oils and specialty chemicals through the Port of Cape Town.

“The modernisation of this liquid bulk terminal is part of TNPA’s strategic shift towards diversification in response to evolving market demands,” says TNPA general manager for Commercial Services, Dineo Mazibuko.

“It ensures the security of supply of industrial and food service supplies whilst meeting new market demands for importation of specialty chemicals,” he adds.

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According to TNPA, this is a vital contribution to economic stability whilst optimising infrastructure utilisation and commercial viability of SA seaports.

FFS Tank Terminals operates multiple manufacturing sites, storage facilities and tank farms across the country.

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