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Brian Wilkinson GBCSA CEO
September 23, 2016

Green Building Council of South Africa aims to change perspectives during World Green Building Week

in Green Building and Sustainability
The impact of buildings on the environment is astounding, with the built environment currently accounting for 25% of the world’s water usage and 60% of its electricity. But it doesn’t have to be this way.
Andrew Golding Pamgolding
September 23, 2016

Repo rate decision a timeous spring boost for home buyers says Dr Andrew Golding

in Office, Retail, Industrial, Hotels and Residential
Welcoming today’s decision by the Monetary Policy Committee meeting to again hold the repo rate steady, Dr Andrew Golding, CE of the Pam Golding Property group, said that South Africa’s housing market continues to demonstrate maturity and ongoing resilience.
Lesetja Kganyago Governor
September 22, 2016

Repo rate unchanged in September

in Office, Retail, Industrial, Hotels and Residential
The Reserve Bank’s Monetary Policy Committee (MPC) has kept the repo rate unchanged at 7% per annum.
Mark Stevens SAREIT
Sep 22, 2016

Industrial sector holds prospects for listed property

There are opportunities for listed property companies in the industrial sector, especially in developing specialised…
Vincent Joyner Hospitality Property Fund
Sep 22, 2016

Tsogo Sun shakes up management of Hospitality Property Fund

Hospitality Property Fund will get a new CEO and financial director‚ following its takeover by Tsogo Sun.
Central Square Menlyn Maine ribbon cutting ceremony
Sep 21, 2016

Central Square introduces top shopping that puts the environment first

Central Square at Menlyn Maine opened today in Tshwane, introducing some of SA’s most environmentally-friendly,…
Joe de Beer Statistics SA
Sep 21, 2016

Consumer Price Index (CPI) eases slightly in August

The annual Consumer Price Index (CPI) eased to 5.9% in August 2016, Statistics South Africa (Stats SA) announced on…
Louw Liebenberg Small
Sep 21, 2016

SA sees a return to stable rental growth

According to the quarterly PayProp Rental Index, the average South African rental for Q2 2016 was R6 570.50, a 6.4%…

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Property Leader

Preston_Gaddy

Preston Gaddy

Preston Gaddy is the Divisional Director for Strategic Retail Leasing at Broll Property Group.
Wednesday, 22 September 2010 02:00

Milestones in expansion of Cape Town container terminal

Written by eProp Commercial Property News
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The R5.4bn, five-year expansion programme at the Cape Town container terminal continues to transform South Africa's second largest container facility.

Chris WellsThe R5.4 billion, five-year expansion programme at the Cape Town container terminal continues to transform South Africa's second largest container facility into a modern facility that will be capable of handling nearly double its existing cargo capacity by 2012.

Major dredging, deepening and refurbishment work on the second of four berths is well underway and will be completed by May 2011. The first 100m of Berth 602 has been handed over recently to terminal operations. Coupled with the already refurbished Berth 601, this affords the terminal 420m of berth space to accommodate one large 305m vessel along its long quay.

Says Transnet Port Terminal's (TPT) Western Province Terminal Executive, Velile Dube: "There have been some challenges. Most significant of these is the complexity of maintaining uninterrupted operations at the container terminal while it is effectively a construction site.

"However we are well on our way towards transforming the container terminal into a modern four berth facility that will assist in meeting the demands of the rapid growth in the container sector."

The upgrades to all four berths and the Ben Schoeman Basin will enable larger new generation vessels to enter and 'park' safely at the container facility.

Inside the terminal, the fleet of harbour cranes has been beefed up to improve the efficiency of container handling. On Friday, 27 August, the fifth and sixth Liebherr ship-to-shore cranes were commissioned and worked on their first vessel on Monday, 30 August.

These cranes were slipped into position on Berth 601 by specialised trailers on 13 and 14 August. With a total of six new Liebherr cranes in place, Berth 601 offers high productivity container handling that is faster and more efficient.

The fleet of straddle carriers in Cape Town is also being phased out in favour of massive rubber-tyred gantry (RTG) cranes, which make better use of limited space by stacking six rows wide, five containers high and 30 deep.

To date 20 RTG cranes have been commissioned and handed over to the terminal, with the remaining eight scheduled for handover between the end of September and the end of October.

Four more RTGs and some of the straddle carriers are being transferred to Durban's container terminals.

Refrigerated containers, or reefers, will benefit from the handing over on 26 August of 864 reefer plug points in reefer block 1. The overall expansion programme will result in three reefer stacks with a total of 2,712 reefer points served by gantry cranes.

Human capital development has also been a major aspect of the expansion programme. The terminal's new cranes necessitated an aggressive training programme for operators of lifting equipment (OLEs), with 33 OLEs joining operations in August and bringing the total number of newly trained OLEs to 120. Additional training in operation of ship-to-shore cranes will take place from January 2011.

Dube said the five year expansion project is one of several Transnet projects taking place within South Africa's container sector, with the aim of creating additional capacity ahead of demand. By 2012, the capacity of the terminal will be 1.4 million TEUs, nearly double its existing 740,000 TEU capability.

 

Last modified on Wednesday, 30 October 2013 09:31

Listed Property, REIT, Real Estate Funds

Mark Stevens SAREIT

Industrial sector holds prospects for listed property

September 22, 2016 Listed Property, REIT, Real Estate Funds eProperty News
There are opportunities for listed property companies in the industrial sector, especially in developing specialised warehousing and distribution centres, say experts.

Office, Retail, Industrial, Hotels and Residential

Andrew Golding Pamgolding

Repo rate decision a timeous spring boost for home buyers says Dr Andrew Golding

September 23, 2016 Office, Retail, Industrial, Hotels and Residential eProperty News
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Green Building and Sustainability

Brian Wilkinson GBCSA CEO

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September 23, 2016 Green Building and Sustainability eProperty News
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Commercial Property Auctions

Aerial view cold storage in Bellville

Second half of 2016 more positive for property sector, says Broll Auctions and Sales

September 16, 2016 Commercial Property Auctions eProperty News
Following the uncertainty prior to the elections, the second half of the year should be much more positive for the property sector, according to Norman Raad, CEO of Broll Auctions and Sales.

Africa, International Property News

Spur_Corporation

Spur Corporation FY headline earnings up 15.9% to R164.0m

September 14, 2016 Africa, International Property News eProperty News
Spur Corporation’s results for the year to June suggest the pressures facing consumers are being felt most acutely in the lower end of the market.

Construction, Energy and infrastructure

The Yacht Club Cape Town

Amdec’s The Yacht Club breaks ground with 80% of its apartments sold out

September 20, 2016 Construction, Energy and Infrastructure eProperty News
Construction has commenced at The Yacht Club, a unique R1.3bn mixed-use iconic development by the Amdec Group, South Africa’s leading developer of New Urban lifestyles.

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