Transnet National Port Authority (TNPA) has appointed FFS Tank Terminals to develop and operate its liquid bulk terminal at the Richards Bay Port for a period of 25 years.
The terminal, which will focus on storing fuel for ships, is currently being revamped as part of the Richards Bay Port Master Plan to increase fuel storage capacity.
FFS Tanker Terminals, a South African company, currently operates storage facilities at Cape Town Port and Durban Port.