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201
2014
JUL - DEC
JAN
- JU
MAKING WAVES
A news update for customers, suppliers & staff of Grindrod
Alan Olivier
Chief Executive Officer
As 2014 races to an end, we look back
We
at a year that has seen many changes
a
welcome
Tantaswa
for the Grindrod Group. We were all
Grindrod Limited board.
saddened by the loss of dear friends and
currently
colleagues, Dave Rennie, Tim McClure
and Transformation at KPMG and the
and Tony Norton. Ivan Clark retired as
national president of the Association for
Chairman and Mike Hankinson has taken
the Advancement of Black Accountants
over as Chairman of the board.
of Southern Africa and is a chartered
Non-Executive
Fubu
Director
Executive
as
on
the
Tantaswa is
Head
of
People
accountant. We look forward to the
These have been covered in previous
value that Tantaswa will bring to the
editions of ‘Making Waves’, but to sum
group.
up the other major events:
• The successful R2,4 billion capital
Congratulations to the shipping team
raise and R1,6 billion BBBEE transaction.
for
• The winding down of the Trading
in Madagascar. Ambatovy is a nickel-
division.
cobalt beneficiation plant designed to
• Bidvest’s unsolicited offer to purchase
produce 60 000 mt of nickel ingots per
Grindrod Bank has been withdrawn. The
year. IVS has been awarded the contract
Group continues to support the bank
to ship 3,5 million tonnes of limestone,
and will invest in its growth strategy.
sulphur and coal to Madagascar.
securing
the
Ambatovy
contract
The Bank’s financial results are very
pleasing.
Congratulations
• The IVS Phinda, the second of twelve
Terminals
handysize supra/ultramax bulk carriers
handled through our terminals in Maputo
ordered, was delivered to the Grindrod
and Richards Bay.
Shipping
only to the Grindrod team but also to
fleet
in
August.
We
look
forward to the next delivery early next
team
to
the
Grindrod
on
record
volumes
This is thanks not
Transnet for their sterling support.
have
been
leased
to
Transnet
Freight Rail, for use in Gauteng.
year.
Well
done
to
the
Though we have much to be proud
Non-Executive
three facilities at Maydon Wharf into
of, it’s been a challenging year
Limited. Mike was appointed to the
flourishing
on many fronts.
board in 1986 as the first Managing
terminals.
Your
Director
work
enthusiasm
to
the
then
Grindrod
newly
listed
Grincor (now Grindrod Limited). He was
for
Ocean
reviving
of
Lines
at
Africa
Director
Container
team
In November, Mike Groves retired as
transshipment
and
container
commitment,
is
very
markets decline, we need to work
much
together to tighten our belts and
appreciated.
drive cost saving throughout our
business.
the Chairman of the audit committee
and member of the Remuneration and
Grindrod
Nomination
launch
committee
Non-Executive
Director
and
of
remains
Grindrod
As commodity
hard
in
Locomotives
its
GS7
October.
was
shunting
Specifically
proud
to
locomotive
designed
Thank you to the entire Grindrod
team
for
your
efforts
during
for mining companies in Africa, 80%
the year and to all our business
service and leadership to the Grindrod
of
is
partners, customers and suppliers
group; thank you Mike for your years of
manufactured
produced
for your support. I wish you all a
dedicated service and commitment to
components. Five GL30SCC locomotives
Bank.
Mike
the group.
has
provided
invaluable
this
fit-for-purpose
from
locomotive
locally
peaceful festive season.
FOCUS ON OUR PEOPLE Tri b u te to C a p t D ave Re nnie
In expressing condolences to Jane, Lloyd, Amy and the
family, Grindrod pays a special tribute to Dave for what
he has meant to his colleagues and friends.
Tributes pouring in from all over the country and beyond
our borders, resonate with a sense of shock and deep
loss; they mourn the passing of a gentle giant;
they
praise his exceptional skills as a strategist; and show
sincere respect for his capacity for hard work and loyalty.
Dave joined Unicorn at the age of 17, gained virtually
unparalleled sea-going experience and within 11 years
rose to the rank of Captain. Within the shipping industry,
from deckhand to Port Captain, all grew to respect him
greatly for the leader he undoubtedly was.
In 1993, he transferred to Durban to manage Unicorn’s
crewing department and when the Grincor Group was
in the throes of restructuring, Dave Rennie’s experience
at sea as well as ashore made him an obvious choice to
assist in the process. From Operations Manager of the
Dave Rennie
coastal trade, his portfolio broadened to include all the
23 December 1960 - 12 September 2014
container trades, which he consolidated and eventually
trimmed to a leaner, more effective operation.
gave his all in the service of the company. Not only did he
For a time, he was Chief Executive of Ocean Africa
Container
Lines.
His
track
record,
which
included
experience in a wide range of the company activities,
made him a natural choice in 1997 for a seat on the board
of Unicorn Lines. He then moved further up the ladder
to become a Director on the main Grindrod board. In
2006, he became the Chief Executive Officer of Grindrod
Freight Services and Grindrod South Africa (Pty) Ltd.
One of Dave’s most lasting and celebrated legacies
will be his leadership in the successful re-emergence
of Maputo Port as a key gateway for Southern African
trade. The immense contribution Dave made to the
development of Maputo Port was recognised when Jane
named the newly acquired tug ‘Captain Dave Rennie’.
Likewise, responsibility for the advent of Grindrod as
a contributor towards the development of the railway
sector on the sub-continent can be attributed to his
vision and unwavering belief.
As a colleague, his devotion to duty was unsurpassed; he
Jul - Dec 2014
02
Jul - Dec 2014
SIX MONTHS SUMMARY
drive himself, but he set very demanding standards for
his staff who knew exactly what was expected of them.
Yes, he was a tough competitor, not readily tolerant of
inefficiency, but there was also a huge heart at work.
The last letter he sent to his staff – from his hospital bed
on 8 September – was to congratulate them on a special
achievement. I quote: “This was a tremendous effort for
which you can all be proud. You’ve set the bar high. Now
keep it up. Warm regards, Dave.”
On the wider front of the boardroom, he manifested the
value of not only his practical and administrative skills,
but also his creative and perceptive abilities. To every
problem, Dave could suggest a solution. When market
dynamics changed, he found other opportunities. His
resourcefulness, backed by exceptional field experience,
proved decisive for the Board on many occasions.
His
expertise was recognised beyond Grindrod; as Chairman
of the Association of Shipping Lines, and as an executive
member of the National Maritime Committee. He also
served for two years as an Advisor to the Minister of
Transport.
Extracts from “Grindrod
Chartering New Horizons”
by Brian Ingpen, and Alan
Olivier’s speech at the funeral.
FOCUS ON OUR PEOPLE
Tri b u te to Ti m McC l ure
Our sincere condolences to the family and friends of Tim
McClure who passed away on 4 July 2014.
As CEO of
Island View Shipping, Tim was appointed to the Grindrod
executive in 2002 and retired in 2010.
Born on 6 July 1950 in Germiston, east of Gauteng, his
working career began when it became essential that he
find funds to study law. This motivated him to grab an
opportunity to work on trawlers operating out of Walvis
Bay.
At a later stage, he joined Cape Continent Shipping,
part of the Globus Group, whose vessels traded to South
Africa in a joint service with Deutsche Ost-Afrika Linien
(DOAL) and South African Lines. His Master’s ticket
gained him a command with Transocean Liners.
At the request of the Tiger Oats group, DOAL and their
partner lines were loading part-cargoes of bulk maize
pellets to Europe but with the advent of container ships
in 1977, chartered vessels had to be sought to carry the
cargo.
Tim McClure
6 July 1950 - 4 July 2014
Since the chartering and export operation was handled
Tim McClure had a busy life, travelling frequently to the
by Island View Shipping (IVS) on behalf of Tiger Oats, it
IVS offices in London, Singapore and Cape Town, as well
seemed to McClure to be a good opportunity to move to
as meeting clients all over the world. At the international
a career ashore.
Bulk Journal function in Amsterdam in November 2009,
he was acclaimed as the Shipping Personality of the Year
Head of the IVS operation, Gunther Bartels, noted
for his contribution to the bulk shipping sector during
the expertise and seagoing experience of the young
the years of his involvement with Island View Shipping.
shipmaster, and employed McClure. “You know nothing
about this side of the business,” Bartels told him when
McClure was a hard task master and demanded the
they met. “I will pay you R800 per month, and you can
highest standards. Even though he believed in the sink-
learn from the bottom.”
or-swim philosophy, he was incredibly loyal to and
protective of his staff.
McClure immersed himself in the business, taking time
to learn about it and was eventually appointed head of
Despite his massive business success, Tim was never up-
the IVS operation – and as testimony to his capacity for
front or brash in regard to such success and continued
work, completed a maritime law diploma as well.
to drive an old bakkie. There are many stories of him
playing a role in people’s lives where he was able to
When the company was bought by Grindrod in 1999,
make a difference, but he never ever publicised this. He
McClure was appointed and continued as its chief
was always understated and humble in his outlook.
executive, initially through the very difficult and volatile
period of the Asian economic crisis. As the bulk markets
Tim is survived by his wife Pauline, daughter Alison, his
improved, the fortunes of IVS also changed for the
son Michael, and his grandchildren Theo and Max.
better and the company became one of the pillars on
which the Grindrod Group has based its success.
Jul - Dec 2014
03
03
SIX MONTHS SUMMARY
FOCUS ON OUR PEOPLE Tri b u te to To ny N o r to n
Sadly Tony Norton passed away on 1 September 2014 at
the age of 75. He was born in Johannesburg in 1939 and
educated in Natal. When he graduated from university,
he was awarded a Rhodes scholarship, which took him to
Oxford University where he attained his MA and B.Litt.
degrees.
Initially, Tony lectured in political science at Natal
University while he continued his studies in law, which
resulted in his being admitted to the Law Society as an
advocate in 1964. Tony moved into practical economics
when he joined a Canadian packaging company, which
took him to London, Kenya and Jamaica. He returned
home for family reasons and joined Merchant Bank,
which became Standard Merchant Bank.
At an early age he felt the need to enter the mainstream
of corporate business and joined CG Smith – Barlow
Group, moving through the posts of Managing Director
of CG Smith Sugar, Chief Executive of Tiger Oats and
thereafter joining the Board of Barlow as Executive
Tony Norton
Director.
1939 - 2014
received
helping the government to cultivate international trade.
recognition when he was nominated as one of the four
As Deputy Chairman of the Securities Regulation Panel
‘Outstanding Young South Africans’ in 1974, and received
and a member of several financial boards, he made a
the EG Malherbe Award for Service to Education, Science
significant contribution to the financial well-being of
and Industry from the University of Natal in 1982.
our economy and enabled South Africa to maintain and
His
brilliant
contribution
to
the
country
develop closer links with overseas financial institutions.
In 1985, he was appointed to the position of First Executive
President of the Johannesburg Stock Exchange. During
He left the JSE to become the Director-General of the
his seven-year stay, he changed the public image of
Council of Southern African Bankers. From 1995 to 1998,
the JSE. He believed it was important and critical that
he was a Director of NBS Boland Group, previously
entrepreneurs of all races should be encouraged to
known as NBS Bank.
participate in the economic growth of the country.
He served on the Grindrod Limited board and the Marriott
His concerted efforts to encourage companies to create
Group as a Non-Executive Director from August 1998
an awareness of the benefits of shared ownership,
to May 2010. During his retirement years his door was
particularly among their black staff, helped to instil
always open to friends and colleagues to give advice
the essence of the free-enterprise system. One of the
and guidance on corporate matters, using his lifelong
highlights during his tenure was when he had the honour
experience in financial services. He also devoted a lot
of escorting Nelson Mandela on a tour of the JSE after
of his time assisting with the management and welfare
his release from prison.
of the Salvation Army.
We would like to express our
sincere condolences to his wife Peta-Ann and sons
As a member of the Economic Advisory Council of the
Andrew, Christopher and Jonathan during this difficult
State President and Chairman of the South African
time.
Foreign Trade Organisation, he played a vital part in
Jul - Dec 2014
04
SIX MONTHS SUMMARY
(Extracts from Business
Report article by Mick Hyatt,
former chief executive of
Marriott Holdings.)
FOCUS ON OUR PEOPLE
M i ke Grove s re t i re s fro m Grindrod board
After an immense contribution to the
executive directorship responsible
Grindrod Group over 34 years, Mike
for sea and airfreight, the ship’s
Groves has stepped down as a Non-
agency division, and a wide range
Executive Director on the Grindrod
of
Limited board. Mr Groves celebrates
throughout southern Africa.
the
group’s
other
activities
his 70th birthday in January 2015.
Mike remains a Non-Executive Direc-
In 1980, he was employed as the
tor on the Grindrod Bank board.
Executive Director of the liner division at Unicorn and was pro-
In his numerous roles as Managing
moted
Director (Grindrod Unicorn Group
Unicorn Lines in 1984. Mike was
Ltd), Deputy Chairman (Grindrod &
appointed to the board in 1986 as
Co (Pty) Ltd & Griffin Shipping Hold-
the first Managing Director to the
ings Ltd), Director (Marriott Hold-
then newly listed Grincor (later re-
ings Ltd, Marriott Merchant Bank
named Grindrod Limited). During
of the ro-ro vessels turned a hostile
Ltd, SA Stevedores Ltd, Cornerstone
his tenure, the South African ship-
tide for Unicorn and the operation of
Property Fund Managers Ltd), Chair-
ping industry went through a dif-
large ships was a perceptive move
man of the audit committee and a
ficult phase during which sanctions
even though the ships were expen-
member of the remuneration/nomi-
depleted Unicorn’s foreign trade
sive to operate. The well-timed sale
nation committee; Mike has, over the
and the coastal service smarted as
also made a significant profit.
years acquired a wealth of experi-
the volumes of feeder cargoes de-
ence and has made a valuable con-
clined.
to
Managing
Director
of
Mike is married, with two children
tribution to the Group.
and six grandchildren; we hope that
Groves and his management team
Mike is going to use this extra time
Educated in part at the University
thus launched the coastal ro-ro op-
to catch up with his family and pur-
of Natal, Mike was in the accounting
eration aimed at offering customers
sue his hobbies. We wish him all the
and financial sector for several years
with a better door-to-door service;
best and take this opportunity to
before joining the Rennies Group in
this exercise was meant to curb the
thank him for his commitment, pas-
1971 as Group Accountant. Within
impact of road hauliers competing
sion and enormous contribution to
three years he was promoted to the
with the coasters. The introduction
Grindrod and the industry.
S h a re d Se r v i ce s M a na g er – Finance
Xolani grew up in Durban, where he
Xolani joined Grindrod in March 2013
finished his schooling and obtained
as
his
Freight
as
B.Com
a
degree.
chartered
He
qualified
accountant
Chief
Financial
Services
Officer
division
of
the
and
was
after
recently tasked with overseeing the
completing his articles with PwC in
rollout of a financial shared service
2001.
model for Grindrod. Xolani Mbambo
now heads up the merged finance
He then started his career with Anglo
teams as Shared Services Manager –
American where he spent 12 years
Finance, and reports to the Grindrod
working
CFO Andrew Waller.
in
various
roles
spanning
finance, operations and marketing in
South Africa, Botswana and London
headquarters.
Jul - Dec 2014
05
SIX MONTHS SUMMARY
Hats off to Xolani on his new role.
Xolani Mbambo
FOCUS ON OUR PEOPLE New N o n- E xe cut i ve D i rec tor
A very warm welcome to Tantaswa Fubu on her election
as a Grindrod board member. Currently Executive Head
of People and Transformation at KPMG, Tantaswa is
also the national president of the Association for the
Advancement of Black Accountants of Southern Africa
(ABASA), the general treasurer of the Black Business
Council with professional memberships in the South
African Institute of Chartered Accountants, Independent
Regulatory Board for Auditors and the Association for
the Advancement of Black Accountants in Southern
Africa.
Tantaswa is a qualified CA (SA) with a post-graduate
diploma in accounting, a B Admin and B Admin Hons,
with a higher diploma in banking law amongst other
certificates and programmes. Career highlights include
working with Standard Bank Group in the Group Risk
Division as a Group Credit Risk Manager responsible
Tantaswa Fubu
for South Africa and London reporting. After which she
joined Nkonki inc. in 2002 as an Audit Manager, leaving
board, the executive committee, the firm’s national
in 2006 as the Head of Audit.
In 2007, she re-joined
advisory board and the remuneration committee. Until
KPMG as a Partner in the Department of Professional
2013, she was the Chairman of the audit committee of
Practice and in 2011 she was appointed Head of People
the uMalusi Council for Quality Assurance in General
(Human Resources) and Transformation.
and Further Education and Training. She also serves
on the firm’s partner remuneration appeals committee.
Tantaswa currently serves on the KPMG national policy
Congratulations on your new appointment!
C EO Gr i nd ro d Inte g rate d Logistic s
Andrew Sturrock graduated with a
business from the Sturrock family
B.Com from University of Cape Town
in
in 1991. This was directly followed
Calulo Services, in 2007 and led the
by a stint at chemical tanker owner
expansion of the Group adding offices
Stolt-Nielsen
across Africa and into Australia in
from
1991
to
2002.
conjunction
The
with
company
BEE
partners,
During this time he lived in the UK,
2010.
USA and Singapore before returning
Grindrod Ships Agency in 2012 and
merged
with
to South Africa and joining the family
is now a 600-strong team with 50
ships agency, Sturrock Shipping, as
offices in 11 countries.
the Business Development Manager.
He was appointed to the board in
Congratulations to Andrew on his
2004 and was appointed Managing
recent
Director on the retirement of Michael
Grindrod
Sturrock in 2006.
responsibility for Sturrock Grindrod
Maritime
Andrew
proceeded
to
buy
the
06
SIX MONTHS SUMMARY
Integrated
(SGM),
as
CEO
Logistics
of
with
Röhlig-Grindrod,
Grindrod Intermodal and Vanguard
Rigging.
Jul - Dec 2014
appointment
Andrew Sturrock
FOCUS ON OUR PEOPLE
C EO Te r mi na l s & R a i l s
Well done to Bongiwe Ntuli in her new
(Pty) Ltd, Röhlig-Grindrod (Pty) Ltd,
role as CEO Terminals & Rails. Bongiwe
RRL Grindrod (Pty) Ltd and Vanguard
was
Rigging (Pty) Ltd.
appointed
committee
in
to
the
executive
December
2012
and
over and above her responsibilities as
Bongiwe
CEO of Terminals and Rail, she also
accountant
currently heads up Corporate Services
her articles with Ernst and Young in
for the Group until further notice. This
South Africa, including a secondment
includes:
to New York. Bongiwe joined Freight
Group
Information
Human
Technology,
Resources,
Group
from
Engagement
for
and
Corporate
Social
in
as
2001
a
chartered
after
serving
Services, on 1 May 2008, on her return
Procurement, Marketing, Stakeholder
Investments.
qualified
London
Anglo
where
she
American
plc
worked
at
their
Head Office as a Senior Corporate
Accountant
for
Anglo
Industrial
Bongiwe was previously the Chief
Minerals division. Bongiwe previously
Financial
held various finance, treasury and risk
Freight
Officer
of
Services
the
Grindrod
is
management positions within Anglo
currently a Director of major local
American at head office and in their
subsidiary companies and associates,
subsidiaries
including
including South Africa, Canada and
Grindrod
division
(South
and
Africa)
(Pty) Ltd, Oiltanking Grindrod Calulo
in
different
countries
Bongiwe Ntuli
London.
C EO Gr i nd ro d C a r r i e r Logistic s
André Roets was recently appointed
Reinhardt
Transport
Group
where
as CEO Grindrod Carrier Logistics.
he was specifically tasked with the
Congratulations!
reorganisation of the group operations, vehicle maintenance policies
André joined Grindrod on 1 November
and productivity improvement initi-
2013 as the new Chief Executive of
atives.
Grindrod Carrier Logistics. He was
the co-founder, CEO and a Director
André has held various positions in
of Capitau Fleet Advisory, and has
public companies including Divisional
more than 29 years’ experience in
Managing
the logistics, transportation and fleet
Bulk Division, Operations Director of
management industry.
Alex Carriers, and Regional Manager
Director
of
Supergroup
– Natal and Orange Free State for
André was also previously a Director
Trencor, serving in the Stuarts and
and
Jowells operations.
Chief
Executive
Jul - Dec 2014
07
Officer
of
SIX MONTHS SUMMARY
André Roets
FOCUS ON OUR PEOPLE
G O L D ’s A ma zi ng R a ce
The
GOLD
Graduate
Development
participate
Opportunity
programme
in
a
and
requires
management
Leadership
graduates
learnership
and
to
to
complete at least three workplace projects. An exciting
new addition to this already rigorous one-year induction
process is the wellness programme whereby graduates
are encouraged to reflect on wellness, are introduced to
the basics of wellness and get practical advice on how
to achieve that elusive work-life balance. A highlight of
the wellness programme is the Amazing Race, a half-day
treasure hunt event that challenges the fitness, wits and
perseverance of recruits.
With the GOLD programme drawing to a close, the
The GOLD graduates got another chance to push their
graduates have a final opportunity to learn more about
limits when they took on a physically demanding obstacle
and impact positively on the business.
course at Shongweni dam recently. The tough course,
aptly named ‘Assault’, required them to confront their
Typical comments afterwards were: “Making mistakes is
physical fears of heights, confined spaces, dark places
part of learning and is essential for one’s growth; the
and to scale (literally) to new heights!
team has unique skills and attributes that make them
valuable team members.” – Michael Watson
The
course
was
designed
to
ensure
maximum
co-
operation and collaboration, with many of the obstacles
“In everything that I do, I must remain strong and
being impossible without assistance. The grads stepped
courageous. Do not be fearful and discouraged. Don’t
up and assisted teammates to get through the course.
be a quitter. Finish what you started.” Thanzi Thavhana
Three of the ‘braver’ graduates – Andries Pretorius,
Bradley King and Mcebo Mbhele – took on and completed
Grindrod is pleased to facilitate these valuable and
a solo challenge. Well done to Bradley for completing
positive life lessons for young people.
the course in a record time (2 min 56 sec).
Contributor: Mandy Ford
Te a m Na mi b i a sup p o r t s Sunflower Funds National Bandana Day
The alliance between The Sunflower Fund
and Round Table Namibia seeks to achieve
a mutual objective, which is to sell as many
bandanas as possible annually to help all
patients requiring life-saving bone-marrow
stem-cell transplants to find their donor
matches.
Team Namibia at Sturrock Grindrod showed
its support this year for this honourable
cause
by
buying
bandanas
and
wearing
them on Bandana Day, 12 October, to create public awareness of leukaemia and other
life-threatening blood disorders.
Jul - Dec 2014
08
SIX MONTHS SUMMARY
FOCUS ON OUR PEOPLE
Röh l i g- G r i nd ro d e mp l oyees com plete their FI ATA diplom a
The first group of Röhlig-Grindrod employees wrote
the International Freight Forwarding diploma (FIATA
diploma) with SAAFF (South African Association of
Freight Forwarders) on 21 September 2013. Of the 12
people that graduated on 26 June 2014, ten were RöhligGrindrod employees. They are Lynne Oosthuizen (Import
Manager), Amore Strydom (Senior Export Controller),
Tracy Roodt (Import Manager), Sonja Croukamp (Sales
Executive), Desiree Bernhardt (Sales Executive), Isabel
Swanepoel
(Import
Manager),
Chrissie
Swanepoel
(Senior Import Controller), Nosipho Dube (Forwarding
Controller) and Matsatsi Kekana (In-house Controller
GE). We are extremely proud of their achievements.
Röhlig-Grindrod will continue this programme with other
employees on an annual basis. We continue to lead from
the front.
Contributor: Debbie Moodley
Diploma recipients Lynne Oosthuizen, Amore Strydom,
Tracy Roodt, Sonja Croukamp, Desiree Bernhardt, Isabel
Swanepoel, Chrissie Swanepoel and Nosipho Dube; and
Matsaki Kekana (in front).
S o cce r news
Terminal de Carvão da Matola takes trophy home
Soccer team tailor-made for Grindrod
A soccer match was organised on 8 August between the Mozal
The Grindrod Soccer Team was established by
1st Phase learners and the 1st Phase learners of Terminal de
contract and permanent staff from GIM Warehouse
Carvão da Matola (TCM). This match, aimed at boosting the
and Depot Maitland in 2013. Since their formation,
moral of the young learners, prompted much competition and
they have won eight of their nine games and have
pride amongst them.
recently registered to join a local business league
to ensure that they get fixture game time.
A lot of work went into this game because staff members and
learners had to prepare the pitch. The game was refereed by
The members of the Grindrod team should be
a retired Mozambique national referee and at half time, the
commended for their passion, effort, loyalty and
score was 1 – 1.
dedication to the Grindrod brand.
The game was well attended and Mariana, MATC Administrator,
handed out medals to the winning team. The floating trophy
was taken home by TCM after beating Mozal 3 – 1.
Jul - Dec 2014
09
SIX MONTHS SUMMARY
FOCUS ON OUR PEOPLE Cod e of E t hi cs
The code of ethics has been updated and is available
on the intranet and Grindrod website.
The purpose of
the Grindrod Code of Ethics is to promote and enforce
ethical standards and responsible business practices for
all Grindrod stakeholders. Every Grindrod stakeholder is
obliged to adhere to the Grindrod Code of Ethics and
its six core values of Respect, Integrity, Professionalism,
Fairness, Transparency and Accountability.
1 INTEGRITY: Integrity means being honest and truthful
and acting in accordance with a sound set of morals
and values. It involves doing what is right irrespective
of who is watching or what the consequences will be.
Stakeholders are required to maintain honesty in all
relationships, interactions and actions when dealing by
or on behalf of Grindrod. This will earn and command
trust which is fundamental to the Grindrod Way.
2 RESPECT: Grindrod does not exist without people,
communities,
the
environment,
its
physical
assets,
relationships and its reputation built over time. The core
value of Respect requires all stakeholders to acknowledge
the inherent worth of all that makes Grindrod the
business that it is by respecting individuals and their
right to be treated with dignity and fairness, protecting
and preserving our natural resources by limiting negative
impacts resulting from Grindrod’s activities, protecting
against the abuse of Grindrod’s assets and treating the
5 ACCOUNTABILITY: This value requires employees to
Grindrod brand, logo and reputation with respect and
take full professional and personal responsibility for the
due care.
consequences of their actions and omissions.
3 FAIRNESS: One cannot commit to a core value of
6
Respect without recognising that Fairness is inextricably
aspire to the highest standards of service excellence
linked. Fairness dictates that unlawful discrimination
and productivity. By each employee taking personal
against any person for any reason relating purely to race,
responsibility for improving skills and competencies,
gender, politics, sexual reference, ethnicity, religion,
working in unity as a team and implementing innovative
economic status or physical characteristics is unethical.
ways
PROFESSIONALISM:
to
improve
Grindrod
current
employees
processes,
should
Grindrod
shall
maintain a level of professionalism that gives it a
4 TRANSPARENCY: As a public listed company, Grindrod
competitive edge.
is committed to making open, honest, clear and accurate
financial
We have also introduced the Grindrod Sustainability
information. Employees should always consider if their
Pillars and have reviewed and updated some of our
actions or responses can be misinterpreted and should
other
take every precaution to prevent ambiguity.
Gifts Policy, Whistle Blowing, Dismissal for operational
disclosure
of
its
business
decisions
and
policies
–
Legal
compliance,
Anti-corruption,
requirements and Preferential Appointment. Please refer
to the intranet or the website for further details.
Jul - Dec 2014
10
SIX MONTHS SUMMARY
FOCUS ON OUR PEOPLE
Awa rd fo r Rö hl i g - Gr i nd rod Durban ex port team
Röhlig-Grindrod
is
proud
to
announce that, with the concerted
effort
and
commitment
of
the
Durban export team, they were for
the first time nominated for the
KwaZulu-Natal
‘Exporter
of
the
Year’ award in the service category.
At an evening gala event on 30
October
hosted
by
the
Durban
Chamber of Commerce & Industry and
Transnet Port Terminals, attended
by the Premier, international consuls
and various captains of industry,
Röhlig-Grindrod was announced as
a Finalist in this category. Well done
to Nadeera Sewlall and her team.
Contributor: Donovan Phillips
Röhlig-Grindrod Durban Export Team receives ‘Exporter of the Year’ Finalist
Award. Third from the left is Nadeera Sewlall - Export Manager, and fourth from
the left is Branch Manager Donovan Phillips.
N ew C E o f Gr i nd ro d R a i l Construc tion
Congratulations to Douglas Morris on his appointment as
Divisional Chief Executive of Grindrod Rail Construction.
His new role entails leading the rail construction and
maintenance business into the future as a profitable and
sustainable entity.
Douglas says the company is focusing on winning more
‘annuity type’ maintenance work to smooth out the highs
and lows that are typical in the construction industry. He
adds that together with a strong, loyal and competent
team of people, they will focus primarily on winning new
business and most importantly delivering on those wins.
He believes there are many opportunities which need to
be exploited.
Douglas completed his articles with Deloitte and Touche
before moving into the yellow metal business (Bell
Equipment). He then spent ten years at Richards Bay
Coal Terminal where he had various roles ranging from
Commercial Manager of their port expansion project to
Douglas Morris
Senior Manager and ultimately General Manager.
Commercial Director. Says Douglas, “I am honoured to
He then spent four years at the RACEC Group as their
Jul - Dec 2014
11
SIX MONTHS SUMMARY
have been selected as CE of Grindrod Rail Construction.”
FOCUS ON RECOGNITION
G ri n dro d p ro j e ct s re co g nised at Afric a Rail Conference
The
Africa
Rail
Conference
2014,
took
place
in
Johannesburg in July. Hosting at least 4000 attendees
from a wide spectrum of industries associated with
the
rail
industry,
the
conference
was
attended
by
representatives from Grindrod Capital Projects, Grindrod
Rail and associates from Northwest Rail.
The awards ceremony held at the Hilton Hotel was a
prestigious event aimed at recognising and rewarding
leaders and innovators in Africa’s transport sector.
Grindrod Rail scooped an award for ‘Best African Railway
Operator or Concessionaire’ and NWR walked away with
the ‘Best Infrastructure Project’ award.
Honourable Enoch Kavindele and James Holley.
Because the event is Africa’s largest transport and
James Holley, Divisional CE, Grindrod Rail, chaired
infrastructure
a
Grindrod to the event not only provided maximum
round-table
discussion
on
leasing
and
funding
show,
the
sponsorship
provided
by
locomotives in Africa. Sean Rowan, National Manager –
exposure
Shipping & Commercial, Grindrod Terminals, presented a
to network with the most influential minds within the
paper on the ‘The alternative route to market’.
transport and infrastructure sector.
but
gave
representatives
an
opportunity
N ew s le e p e r re co rd fo r Grindrod Rail Construc tion
Izak Smit, Project Manager of the Universal sleeper replacement contract, has reported that Grindrod Rail Construction (GRC) has set a new company record. Sakkie
and his team safely completed sleeper replacements at
65 turnouts for Transnet in July 2014.
Over the more than nine-year involvement with Universal replacements for Transnet, the previous record for
one month was 55 turnouts. This new record is the result of excellent teamwork and proper planning with
sub-contractor WO Trackworks, and the dedication and
hard work of the three teams on site managed by Dewald
van Zyl, Dave Coetzee and Soppies Calitz.
Statistics of Universal sleeper contracts for the period
When asked what he was looking to achieve next, Izak
20 April 2005 to 31 July 2014:
answered, “What was initiated by Transnet and Infraset
• Total Universal sleeper turnouts done = 2704 sets
a few years ago (2004/2005) has proven to be the most
• One set contains ±140 m of sleepers = 378 560 metres
successful venture for all parties involved. GRC and WO
• One metre of sleepers weighs 0.135 tonnes
Trackworks, with combined effort, will be increasing
productivity and the quality of workmanship for the duration of the contract. Unfortunately, due to the third
team only being in operation until the end of September
2014, improving on the 65 turnouts will not be easy.
Jul - Dec 2014
12
SIX MONTHS SUMMARY
= 51105.6 tonnes
• 3.9 holes are drilled per metre of sleepers
= 1 476 384 holes
• Installation time ±700 man hours per set
= 1 892 800 man hours
FOCUS ON OUR EVENTS
I s l a n d Vi ew Shi p p i ng ho sts NSRI benefit golf day
Island View Shipping hosted a successful 9th annual
National Sea Rescue Institute (Station 19) benefit golf
day at the Richards Bay Country Club on 14 August 2014.
The success of the event can only be attributed to the
unprecedented generosity of the sponsors and the spirit
of camaraderie which prevailed on the course on the
day. The local representative for Island View Shipping,
Roelof Camminga, declared that a record amount of
R70 204 had been raised. “Every single contribution, be
it financial or in the form of prizes, is highly appreciated
and all our sponsors will be individually thanked,” he
added.
Roelof Camminga, right, presents a cheque to the NSRI’s
“I do believe however that a special mention is due to
representatives on board The Spirit of Richards Bay, where
Glencore, D&A Shipping, Naledi Shipbroking, Penmarine,
the IVS logo is now proudly displayed.
Avalon and Centrachrome.
Between them alone a
fantastic R45 000 was contributed!” he said.
said, “We would like to sincerely thank Island View
Shipping for their contribution, with the support from the
As a final endorsement of the great service provided by
shipping community, towards our station’s running costs.
the NSRI to seafarers, Martyn Wade, CEO of Grindrod
Over the past nine years they have raised R656 396. To
Shipping, announced that Island View Shipping would
put that into perspective, our annual fuel allocation is
match the original amount raised. This amounted to
a
R90 000 and to just replace our 4m craft with a 4.7m
grand total of R140 408.00 raised. A cheque was handed
rigid inflatable is R185 000. IVS are our single biggest
to the Station Commander on 10 September.
sponsor for the year; it takes a lot of pressure off the
crew who can now spend more time maintaining our
Ms Brynn Gericke (Second in Command at Station 19)
assets and training when not assisting those in need.”
G ri n dro d B a nk w i ne a nd dine at Hilton Arts Festival
Now in its 23rd year, the Witness Hilton Arts Festival is
unsurprisingly, it was the erudite lawyers who eventually
a three-day annual event that takes place in September,
came closest to solving the mystery.
bringing together quality South African theatre, music,
dance, art and craft. Taking place in the picturesque
On the Saturday and Sunday, our guests were welcomed
grounds of Hilton College, it is the third-largest theatre
in the sumptuous Grindrod Primo Tent, a hospitality
festival in the country and the largest festival in KZN. It
tent offering a respite from the cold Midlands weather
attracts audiences from all over, with this year’s event
in between shows. The Primo Tent also played host to
hosting nearly 25 000 people. The programme includes
a number of well-respected actors, directors and musi-
many genres of music, serious theatre, comedy, physical
cians. Grindrod’s ‘On the Couch’ sessions offered guests
theatre and dance.
an opportunity to hear behind-the-scenes revelations
about some of the performances being showcased at the
Grindrod clients were wined and dined at a special per-
festival. Performers offered insight into their theatrical
formance on the Friday night of ‘The Strange Case of
processes through an informal Q&A sitting.
the Freudian Trip’, an interactive murder whodunit. And
Jul - Dec 2014
13
SIX MONTHS SUMMARY
Contributor: Sarah Freestone
FOCUS ON OUR EVENTS
G ri n dro d Za mb i a a nd N WR showc ase at Katanga Mining Week
Grindrod Zambia and North West Rail (NWR) exhibited
at Katanga Mining Week in Lubumbashi, Democratic
Republic of Congo (DRC), from 28–29 October.
The
event showcased the high-tech products and services of
45 solution providers to the copper and cobalt mining
sectors.
Representatives
received
keen
interest
in
the
development of the NWR project and an integrated rail
solution from North Zambia/DRC through to Durban,
South Africa, by rail.
Interest was shown by existing
Seen at the mining week were, from left, Mark Reed
miners, freight forwarders and government officials
(Grindrod Rail), Craig Clulow (Grindrod Freight Services) and
from the region on the overall cost and social benefits
Daniel Rae (Grindrod Zambia).
of rail in the region.
SA M SA Wo r l d M a r i t i me Day c areer expo
On 25 September Dipuo Peters, the Minister of Transport,
hosted the World Maritime Day career expo, exhibition
and gala dinner at Langebaan in the Western Cape. Other
guests included the Western Cape MEC for Transport,
Donald Grant, maritime industry chief executive officers
and captains, senior national and provincial government
officials.
Learners from previously disadvantaged communities
attended and the day was used as a platform to create
more awareness around careers available in the maritime
Verna Watson, who represented the Unicorn Shipping training
industry. Unicorn Shipping, a key maritime stakeholder,
school at the expo, is seen here engaging with learners.
has been a prominent developer of local seafaring talent
since 1965.
Rail sponsors PWI gol f day
E x h i bi ti ng at ca re e r exp o
Grindrod Rail Construction was recently a sponsor of
the Permanent Way Institution (PWI) golf day, at the
Grindrod exhibited at the Youth Chamber of Shipping in
Vredenburg Golf Club in the Western Cape.
Africa (YCSA) event on 28 October in Mdantsane, East
London. The aim of this expo was to increase awareness
The PWI is a non-profit organisation which aims to
of the maritime industry and expose scholars and youths
provide technical knowledge, advice and support to all
to various opportunities.
those engaged in rail infrastructure systems worldwide.
The Founding Director of the YCSA, Ms Nomcebo
Representatives from the National Ports Authority, WO
Sithole, said, “The purpose of the career expo is to
Truckworks, Lennings, KZN Rail, Plasserail and other PWI
provide information that would encourage the youth in
members, were among the 20 teams who participated.
Mdantsane to consider a career in this rewarding and
The event was a great success.
Contributor: Yolanda de Jager
growing field.”
Jul - Dec 2014
14
SIX MONTHS SUMMARY
FOCUS ON OUR EVENTS
G ri n dro d B a nk ce l e b rated Wom en’s Month
In August, Grindrod Bank celebrated Women’s Month by
skill. Being a generalist without any specialised skills,
inspiring and motivating staff members with a ‘Phenom-
abilities or talents will not make you unique and memo-
enal Woman’ presentation. They were also given tips on
rable.
how to develop a successful personal brand. Some of the
5. Be distinct: Distinguish yourself based on your brand.
tips included:
Your brand needs to be expressed in a unique way that
1. Be authentic: Be your own brand! You are your own
is different from that of the competition and it needs to
boss, you are the CEO of you. Build your brand on your
add value to others.
true personality; it should reflect your character, behaviour, values and vision. It should be aligned with your
Other tips included being Relevant, Visible and Persis-
personal ambition!
tent.
2. Integrity: Stick to the moral and behavioural code set
down by your personal ambition.
3. Be Consistent: Be consistent in your behaviour; this
takes courage. Can others always depend on you? Are
you doing relevant things again and again and again?
Are you known for something in particular like always
T: +27 (011) 469 1396
having a tidy, organised desk?
C: +27 (0) 82 895 7934
4. Specialisation: Focus on one area in particular, be
E: haydee@profimpressions.co.za
precise and concentrate on a single core talent or unique
W: www.profimpressions.com
G ri n dro d co mp a ni e s sp onsor Z I MEC
and government leaders.
Grindrod Zambia and North West
Rail featured as silver sponsors at
the Zambia International Mining &
The Honourable Enoch Kavindele
Energy Conference & Exhibition
(retired
(ZIMEC) held in Lusaka in June.
Zambia)
Vice-President
and
now
of
Chairperson
of NWR was a guest speaker; he
The two-day conference attracted
provided an update on NWR’s
300 participants from 24 coun-
progress and the key benefits.
tries, as well as 60 exhibitors.
Mr
The
conference
opened
by
Dr
Vice-President.
the
importance
around
mining,
was
Guy
officially
Scott,
the
He
emphasised
of
discussions
the
largest
contributor to Zambia’s foreign
Daniel Rea, Country Manager Grindrod
Zambia, and the Honourable Enoch
Kavindele, Chairperson NWR.
government and the public.
Yaluma
Minister
of
Water
Development
although
Mines,
copper
–
Energy
–
mining
the
and
said
had
increased from 250 000 metric
tonnes per annum in 2000 to
365 000 Mtpa in 2013 – and was
poised to peak at 1.5 Mtpa by 2017
exchange earnings. He said the
mining industry, being the largest
Grindrod Zambia and Northwest Rail set
– poverty levels still remained
economic driver of the country,
up an exhibition stand which was well
high in Zambia.
was politically sensitive to the
received; it attracted many key industry
Jul - Dec 2014
15
Christopher
SIX MONTHS SUMMARY
Contributor: Craig Clulow
FOCUS ON OUR BUSINESS Re co rd exp o r t s fo r G r i ndrod Moz am bique
Grindrod Terminals Mozambique (Terminal de Carvao
da Matola [‘TCM’] and Grindrod Mozambique Limitada
[‘GML’])
reported
a
record
month
during
October,
managing to export in excess of 1 million tonnes over
the quay for the first time in the history of Grindrod
Terminals.
Having taken over TCM in 2006, Grindrod embarked
on a number of capital-intensive expansion phases to
increase the export capacity of the terminal to what is
today a 7.5 million tonne per annum, state-of-the-art,
mechanised, bulk-export facility.
Recently, there has been a concerted effort to improve
the supply by rail to TCM to match the installed capacity.
Through
the
great
levels
of
co-operation
TCM team, Grindrod Terminals, Mozambique.
between
Transnet Freight Rail (TFR), CFM (Mozambican railways)
During its first year of operation in 2009, GML managed
and the terminal, a total of 519 009 tonnes moved over
to export a total of 239,000 tonnes of sized coal destined
the quayside during October.
for the Turkish domestic market. During October 2014, a
total of 556,271 tonnes was exported over the quay in a
GML, which commenced operation only in 2009, has
single month, bringing the total GML exports YTD to 3.9
seen substantial growth in the last five years as a result
million tonnes. GML continues to handle between 400
of the insatiable desire of traders and miners to gain
and 450 road trucks per day with over 90% of all cargo
access to the international markets.
exported this year having been delivered to the port by
road transport.
Q u a dra nt Ho use vo te d one of Durban’s ‘Top 30’ buildings
Grindrod’s
Quadrant
House
at
115
Margaret Mncadi Avenue, Durban, was
voted one of the ‘Top 30 Favourite
Buildings’
ever
built
in
Durban.
The poll, undertaken by practising
architects
in
KwaZulu-Natal,
aimed
to showcase the winning buildings to
foreign architects visiting the city for
the ‘Union of International Architects’
(UIA)
2014
congress,
held
at
the
International Convention Centre (ICC)
in
August.
Quadrant
House
was
showcased and promoted in the press
during congress week. There was also
an exhibition of photographs of the
buildings at the public exhibition hall
throughout the congress.
Jul - Dec 2014
16
SIX MONTHS SUMMARY
FOCUS ON OUR BUSINESS Powe r p ro j e ct g e t s a l i ft from Vanguard
In a good example of healthy cross-marketing, heavy lift,
abnormal transport and plant relocation specialist Vanguard, working with Grindrod Intermodal and RöhligGrindrod, have completed a successful turnkey project
on the R3,5-billion Dedisa peaking power plant.
Vanguard carried out the transport, offloading and final
positioning on site of the major power generation equipment for the plant which is located in the Coega industrial development zone near Port Elizabeth. They trans-
A 191-tonne gas turbine at the Avon peaking power station.
ported two sets of 191-tonne gas turbines, 231-tonne
generators and 140-tonne transformers from Coega port
the turbine over a distance of 40 metres to its resting
to the nearby project site.
place, lowering the unit within a tolerance of just one
centimetre onto four threaded rods on either side of the
The six heavy units arrived at Coega port during Au-
turbine itself,” he said.
gust in two shipments. Said Vanguard Project Manager
Dale Huddy, “After directly discharging the vessels, we
The generator and transformer were then relocated,
staged the heavy units in our port yard – in order to
offloaded and positioned on site in a similar fashion, us-
relocate the equipment in the required sequence for de-
ing a second set of Vanguard 600-tonne gantries in the
livery,
yard at the port to lift the units onto trailers.
“We managed to navigate the tight corners so that there
Vanguard’s Projects Department had spent months plan-
was only one road island to traverse, and our 16-axle,
ning the moves, and the on-site team comprised a dozen
three-file Goldhofer trailer’s sophisticated multi-axle
experienced staff.
suspension technology handled that with ease, distributing the load evenly despite the axles having to navigate
Vanguard has also been commissioned to transport, off-
different heights,” he said.
load and position on site the major power generation
equipment for the Avon peaking power facility in Kwa-
To lift and place the heavy units into final position on
Zulu-Natal.
their respective foundations, Vanguard had set up its
500-tonne
‘Power
Tower’ hydraulic lift
system,
known
commonly
as
a
gantry
system, on site. “This
is a top-of-the-range
gantry with a hydraulic drive system that
allows
easy
along
rails,”
travel
said
Huddy.
“After detaching the
turbine’s
transport
saddle, our gantries
were able to lift and
travel
forward
Jul - Dec 2014
17
with
Vanguard’s hydraulic ‘power towers’ at Dedisa power station.
SIX MONTHS SUMMARY
Contributor: Stacy Davies
FOCUS ON OUR BUSINESS S e co nd o f 1 2 new ve sse ls delivered to Grindrod Shipping
Seen at the launch of IVS Phinda are, from left, Alan and Caroline Olivier, Georgina Olivier, and Mariko and Shoei Utsuda.
IVS
Phinda
was
launched
in
a
symbolic
ceremony at the Kanda Shipyard in Japan on
2 April 2014. The vessel was co-sponsored by
Mrs Caroline Olivier, wife of Grindrod CEO Alan
Olivier, and Mrs Mariko Utsuda, spouse of the
Chairman of the Board of Mitsui & Co, Mr Shoei
Utsuda, marking a long-standing and on-going
close relationship between the two companies.
The vessel is the first of a new-design of fuelefficient large handy size 37,400 DWT bulk
carriers, and is one of three of this kind to be
ordered to join the Grindrod Shipping fleet. It
is also the second of 12 vessels ordered and
scheduled to deliver from various shipyards in
Japan until 2016.
The vessel was delivered to Grindrod Shipping
on 28 August 2014. With an experienced allFilipino crew and headed up by Captain Denis
Diego and CEO Jose Felizardo Baluyot, they
sailed on their maiden voyage to Vancouver to
load wood pellets then to Pyeongtaek in South
Korea to discharge.
IVS Phinda glides into the water at the Kanda Shipyard in Japan.
Jul - Dec 2014
18
SIX MONTHS SUMMARY
FOCUS ON OUR BUSINESS N ew s hunt i ng l o co mo t i ves for m ining industry
Grindrod Locomotives launched its range of GS7 shunting locomotives at Rovos Rail’s facilities in Capital Park,
Pretoria, on 21 October.
The launch was attended by
customers, the media and Grindrod Rail staff.
The GS7 is a shunting locomotive intended to serve
mining companies throughout Africa. The locomotive is
cost-effective and is positioned to outperform its competitors in terms of being fit-for-purpose whilst offering
good value for money.
The GS7 is available in two models, namely the two-axle
GS7S2C weighing 40 tonnes with a continuous tractive
At the launch of the shunting locomotives were, from left,
effort of 100 kN, while the 60-tonne three-axle GS7S3C
James Holley, Robert Spoon, Bongiwe Ntuli and Alan Olivier.
is rated at 150 kN. Both models are powered by a CAT
C18 engine and three-phase AC generator, and can travel
operations, to give customers the opportunity to experi-
at a maximum speed of 90 km/h.
ence these first hand.
Other benefits of the GS7 include 30% better continuous
Grindrod believes that potential customers will view the
adhesion, the capability to operate the locomotives as
GS7 as an alternative to their ageing locomotives as a
multiples, and 30 to 40% better fuel consumption than
large portion of the shunting locomotives in South Africa
current technology available in the market.
are almost 30 years old. The locomotive is competitively
priced and its 80% local content supports the Depart-
Grindrod Locomotives is now embarking on a programme
to test the new features and technologies in different
Jul - Dec 2014
19
SIX MONTHS SUMMARY
ment of Trade and Industry’s localisation initiatives.
FOCUS ON OUR BUSINESS I n te grate d l o g i st i cs a nd shipping highlighted
“Grindrod’s business is about moving cargo by road, rail,
subsidiary Vanguard’s specialised equipment and ab-
sea and air and taking care of all the logistical issues
normal trucks. Sturrock Grindrod then shipped the
en route,” said Alan Olivier recently at a launch of the
locomotives
Grindrod Locomotives’ range of shunting locomotives.
America, for the Fenwick Group at the end of November.
The Grindrod Group’s integrated service offering was
The locomotives could not move to Richards Bay by
recently illustrated when four locomotives manufactured
rail because the locomotives were manufactured for
at the Grindrod Locomotives plant in Pretoria were
operation in Columbia on a narrower gauge than used in
transported by road to Richards Bay using Grindrod
South Africa.
to
Buena
Ventura
in
Columbia,
South
F re i ght co nt ra ct se cure d from nic kel plant in Madagasc ar
After eight years of pitching for the freight contract
the Ambatovy logistics chain.
within the Ambatovy project in Madagascar, Island View
Shipping were successful earlier this year.
Said Carl Ackerley, “Ultimately our professionalism, familiarity with the area and the crucial backing of Grin-
Ambatovy is a nickel-cobalt beneficiation plant de-
drod Limited as a publicly listed entity won us the day.”
signed to produce 60 000 mt of nickel ingots and 5600
tonnes of cobalt per year.
The nickel ore is mined in
Madagascar, IVS are contracted to deliver 2 million mt
of limestone, 700 000 mt of sulphur and 500 000 mt of
Going forward, other group companies could benefit
from ships agency and bunker business.
Contributor: Carl Ackerley
coal for the production process. IVS have been involved
in commercial and operational logistics with Ambatovy
for four years.
IVS’s team was headed up by Mark Koen (operations),
Jeremy Miles (legal) and Carl Ackerley (commercial),
and their success was the result of a team effort: Chartering never missed a laycan and always presented the
best available tonnage in the four years from when the
plant started to import; operations attended every single vessel calling at Toamasina and the overall expertise
and knowledge of Grindrod was applied to every facet of
Jul - Dec 2014
20
SIX MONTHS SUMMARY
Tsuyoshi Kato, Carl Ackerley and Kirby Kryski.
FOCUS ON OUR BUSINESS OAC L rev i ve s co nt a i ne r term inals
Ocean Africa Container Lines (OACL) operates a four-
Vetch Road Depot
vessel network in Southern Africa calling at Durban, East
OACL has taken the 9 000 m 2 area at 9 Vetch Road
London, Port Elizabeth, Cape Town, Luderitz, Walvis Bay,
which was initially a scrapyard and transformed it into
Maputo and Beira. The network provides a name-day
a multi-purpose terminal handling 2000 empty TEUs,
feeder service to international carriers, ships regional and
project cargo and break bulk.
domestic cargo and provides customers with a complete
freight logistics service including terminal operations,
warehousing, distribution and inland transportation.
OACL
has
recently
revived
three
small
container
terminals in Durban:
Methven Road
OACL has taken over the 14 000 m 2 yard at 6 Methven
Road at Durban’s Maydon Wharf from Grindrod Terminals
and transformed the area into a dynamic transhipment
facility which can handle 3500 twenty-foot transhipment
containers.
At Vetch Road above are Lawrence Thaver – Line Manager:
MW Operations, Peter Moyo – General Assistant, and Jenolin
Govender – General Assistant: Administration.
Seen at Methven Road above are, from left, Gregs Pillay –
General Assistant: Administration, Elliot Khumalo – Assistant:
General, Julian Naidoo – Manager: MWT Operations,
Nothando Mthiyane – Clerk: Administration, and Keegan
Pillay – Clerk: Administration.
Wisely Road
This 8000 m 2 space at 34-44 Wisely Road, formerly a
junkyard, has been rehabilitated into a terminal handling
2500 TEUs for coastal cargo.
The Wisely Road team at right are, back, Tseliso Mohapi – Driver:
Reach Stacker, and Shaun Ramavather – Clerk: Administration;
and front, Zandile Mthembu – Clerk: Administration, Cynthia
Lubanyana – General Assistant: Office, and Vernon Reddy –
Line Manager: MW Operations.
Jul - Dec 2014
21
SIX MONTHS SUMMARY
FOCUS ON OUR BUSINESS G E AR wi nni ng ra i l re - si gnalling contrac ts
Grindrod subsidiary GEAR Group,
GEAR and Ansaldo have also type-
with its subsidiary Ansaldo STS SA,
approved
has successfully installed new and
installation of a Microlok II solution
sophisticated
signalling
between Sasolburg and Wolwehoek
electronic interlocking equipment
stations, for the implementation of
for Transnet Freight Rail (TFR) and
Fail Safe Data Transfer (FSDT) over
won further large rail re-signalling
optic fibre between stations.
railway
and
completed
the
contracts.
Said Rion Goosen, Marketing Manager
Ansaldo’s
Microlok
certified
electronic
had
to
be
TFR,
which
II,
a
safety-
at GEAR, “This has enabled us to win
interlocking,
bigger contracts, for example the
type-approved
involved
development
a
16-station Vereeniging to Union FSDT
massive
project, and the 68-station De Aar
and
to Jan de Boers FSDT project. About
GEAR. GEAR and Ansaldo then
100 Microlok II installations will be
installed
Microlok
completed by GEAR Group in 2017.”
project
at
Vereeniging.
between
by
II
TFR
in
Viljoensdrif,
TFR
have
a
pilot
near
given
TFR
is
currently
the project outstanding reviews.
of
The
projects
second
implementation
of
awarding
various
across
Group,
in
the
the
process
interlocking
country
exclusively
and
Microlock II electronic interlocking
GEAR
is currently being commissioned at
Ansaldo solutions, would seem to be
offering
(TFR’s) Kliprivier Station.
well placed.
Contributor: Gregor George
F i ve l o co mo t i ve s l e a se d to Transnet
Grindrod
Locomotives
continues to lease
five GL30SCC
locomotives to
Transnet Freight
Rail, this after
extending the
contract period
to June 2015. The
locomotives are
being deployed
between Pretoria
and Vereeniging
and have achieved
an average
availability of 97%
over a six-month
period.
Jul - Dec 2014
22
SIX MONTHS SUMMARY
FOCUS ON OUR BUSINESS M i l e sto ne ce l e b rate d a s Projec t Fusion delivers
The Business and Project
Fusion
teams
celebrated
milestone
with
the
jointly
a
significant
in
November,
delivery
Procurement,
of
Sales
the
and
Distribution, Financial and
Management
Accounting
elements of the Grindrod
SAP template for Grindrod
Management Services and
Grindrod Freight Services.
The team’s effort resulted in
the completion of Finance
Shared Services’ very first
trial
balance
and
month-
end on SAP. In conjunction
with Go-live, we have also
delivered a single chart of
accounts
and
broadened
access to critical financial
data in a live environment.
With
the
live
environment
SAP
available
from 1 October, 80 newly
trained SAP users worked
together with the project
team
to
system
ensure
would
that
deliver
the
on
the promise of continuous
improvement.
users
Committed
reviewed
existing
business
processes
and
actively
searched
for
opportunities
the
to
enhance
implementation.
team’s
dedication
The
and
enthusiasm is appreciated
and
has
resulted
in
an
additional 17 legal entities
There is still hard work to come, as the
Project Fusion team members along with
processing transactions on
project continues to roll out to some of
a number of experienced Finance Shared
SAP, increasing the total to
the Rail and Fuelogic businesses during
Services staff will work together to ensure
105. The team also created
January, and continues with a number
that all of the lessons learned within the
386 purchase orders and
of
first implementation are leveraged.
posted
throughout 2015.
18
420
journal
other
transactions.
Jul - Dec 2014
23
SIX MONTHS SUMMARY
planned
implementations
FOCUS ON OUR COMMUNITIES U n i c a l b ui l d s a b l ut i o ns for secondary sc hool
On 20 February 2014, a memorandum of agreement
was signed by Unical Bunker Services and the AdoptA-School Foundation which signalled the beginning of a
project to build an ablution block for the Inyonemhlophe
Secondary School near Amanzimtoti.
Russell Burns, CEO of Unical Bunker Services, officially
opened the self-sustaining and low-maintenance facility
on 23 July. The ablution block houses separate facilities
for learners, educators and disabled persons.
Mr Burns was pleased that Unical Bunkers could play a
part in uplifting this school by the installation of such an
essential facility.
Not only will it serve to improve the
hygiene and health of the learners but it will also serve
Ms NP Qoza (Acting Principal) and Russell Burns.
to enhance overall living and learning conditions as well.
Due to frequent interruptions to the water supply in the
Unical are keen to undertake further projects to develop
area, Adopt-A-School has been engaged by Unical in the
the school and this will be re-assessed by management in
short term to source two 10 000-litre JoJo tanks to be
conjunction with the Adopt-A-School Foundation in the
installed as a backup water supply for these ablution fa-
coming years.
Contributor: Yuna Dabideen
cilities.
C l i n i c w i l l a ssi st co mmunity and coal m ine
Grindrod
recently
donated
R250
000
towards
the
construction of Somkhele clinic at Tendele Coal Mining
(also known as Somkhele Mine) near Richards Bay. The
clinic is intended to benefit at least 1000 mine employees,
contractors and their families, and will in time be rolled
out to local communities, thereby benefitting more than
5000 people.
The clinic will provide a full-time occupational nurse and
part-time x-ray services, filling an essential gap in the
The Somkhele clinic at Tendele Coal Mining.
services required by mine workers and their families.
sustainability of the clinic. A doctor will work once a
The clinic will also offer basic healthcare services and
week at the clinic and specialists will be called as and
an occupational medical surveillance system (removal of
when necessary. The paramedic services will operate
causative factors), as well as a thorough occupational
24 hours a day. There are eight rooms in the clinic – a
hygiene programme. A paramedic section will also be
reception area, kitchen, dispensary, x-ray room, toilets
accommodated at the clinic.
(male and female), a store room and four consulting
rooms. All windows have aluminium frames so that they
Somkhele clinic will provide a convenient and accessible
won’t rust and the clinic is disability friendly with a ramp
site for managing injuries, or health and safety risk
for a wheelchair.
incidents related to the mine.
The construction of the clinic has been much anticipated
Tendele
Coal
Jul - Dec 2014
24
Mining
will
ensure
SIX MONTHS SUMMARY
the
on-going
as the nearest clinic is 60 km away.
FOCUS ON OUR COMMUNITIES G ri n dro d co mp a ni e s a i d the endangered Afric an Penguin
African Penguins have been slithering towards extinction
since industrial fishing started around the Cape. The
penguin population has dropped by more than 50
percent in the past 30 years, signalling a strong warning
to conservationists and leading BirdLife International
recently
to
change
their
conservation
status
from
‘vulnerable’ to ‘endangered’.
Apart from commercial fishing, shifts in prey populations
have also played a role. Worryingly, the assessment
notes that this trend shows no sign of reversing, and
immediate conservation action is required to prevent
further declines.
for the rehab centre. “Currently any birds found injured
On 19 August, a group of representatives from different
are sent to SANCCOB (Southern African Foundation for
organisations congregated at the Birkenhead Lodge
the Conservation of Coastal Birds) in Cape Town where
grounds at Gansbaai in the Western Cape, to launch a
they are rehabilitated and then released in the Cape
significant partnership aimed at providing a sanctuary
Town area,” said Chivell. “SANCCOB do a fantastic job
for the endangered African Penguin and other seabirds.
but they are a fair distance away from Dyer Island and
“The African Penguin and Seabird Sanctuary (APSS) will
this results in unnecessary stress for the birds as well as
be dedicated to the unconditional welfare of distressed
difficulty in finding their home colony due to the distance
seabirds in the Overstrand region,” said Wilfred Chivell
on release.” Land has already been purchased and DICT
of the Dyer Island Conservation Trust (DICT), “and words
have received funding from VW for infrastructure. The
cannot express how grateful we are for the support of
next step is a laboratory, an education centre, equipment
our donors which has made today possible.”
and specialised flooring.
The Dyer Island Conservation Trust is responsible for
Said David Polkinghorne, MD of Grindrod Bank Limited,
driving the establishment of a rehabilitation centre
“Grindrod has its roots in the maritime industry and
supported
with
by
Volkswagen
South
Africa
(VWSA),
this
comes
an
intense
understanding
of
the
Wildlands Conservation Trust, Grindrod Bank and the
environmental issues that pose a threat to communities
Blue Fund.
in general. Grindrod Financial Services have an active
interest in transforming and enriching South Africa, and
The Conservation Trust expressed an immediate need
as such have created The Blue Fund which is proud to
be associated with a project such as APSS,” he added.
The Blue Fund has been created with a focus on the
sustainable development of coastal communities and
conservation of coastal marine ecosystems.
Said Wildlands CEO Dr. Andrew Venter, “Wildlands
have always been driven by a vision to transform and
uplift communities and the environment. When we were
approached by Grindrod with the idea to develop The
Blue Fund, the synergy with the sustainability work
we already implement across the country could not be
ignored, and we decided the Blue Fund was a perfect fit
for us.”
David Polkinghorne
Jul - Dec 2014
25
SIX MONTHS SUMMARY
FOCUS ON OUR COMMUNITIES G ri n dro d R a i l se r ve s Katlegong sc hool on Mandela Day
Grindrod Rail’s visit to Eketsang Secondary School
in Katlegong on 18 July proved to be inspiring. The
principal of the school, Mr Hlangane, thanked Grindrod
Rail for choosing to dedicate 67 minutes to the school.
He cited education as a key factor for individual growth
and success, acknowledged Grindrod for the donation,
and declared that it would aid his learners in making
learning seamless.
Wamuka Mwamuka,
Executive: Commercial, gave the
address of the day on behalf of Grindrod. He spoke about
the importance of education in an individual’s success,
explaining how, when growing up, even though he was
the youngest in his family, he observed that all his older
Two grade 8 learners put together some inspirational
siblings went on to work after matric; seeing how they
words which embodied confidence, passion and a defined
struggled, he resolved that he would go to university to
zeal to succeed. Among the quotes in their speech were
further his studies.
the notable lines that former President Nelson Mandela
shared in one of his famous speeches: “I have walked
He stressed the importance of education and advised
that long road to freedom. I have tried not to falter; I
that lack of money should not be an impediment as
have made missteps along the way. But I have discovered
there were options that could aid students to further
the secret that after climbing a great hill, one only finds
their education; he also emphasised the importance of
that there are many more hills to climb. I have taken a
knocking on the right doors. Two main activities took
moment here to rest, to steal a view of the glorious vista
place during this event: in the first activity, school
that surrounds me, to look back on the distance I have
shoes and stationery were donated to the school and in
come. But I can only rest for a moment, for with freedom
the second part of the programme, a career guidance
come responsibilities, and I dare not linger, for my long
session was conducted.
walk is not ended.”
A list of key functions in business was presented to the
A special thanks to Grindrod Rail’s divisions; Grindrod
youths, namely IT, Travel, Finance, Engineering & Safety,
Rail
Logistics, Administration, HR, Commercial, Marketing
Grindrod Rail Construction, Grindrod Rail Operations,
and General Life Skills. Learners were also advised on
Grindrod Corridor Management and Gear Holdings for
budgeting, health, social and other life skills. Project
responding to Nnoni Mokgethi and Jamie Holley’s call
Gold was also discussed and Lunga Mhlongo, a Grindrod
for financial aid to make this day a success.
Rail intern, addressed the students, advising them on
Consultancy
Services,
Grindrod
Locomotives,
Contributor: Nnoni Mokgethi
how to get into the programme.
The Grindrod Rail team
Jul - Dec 2014
26
SIX MONTHS SUMMARY
Jaco van der Westhuizen, Mbali Nkosi and Maggie Taljaard
FOCUS ON OUR COMMUNITIES M a n d e l a Day : Gi ft o f mu sic and paint to two high sc hools
“What counts
in life is not the
mere fact that
we have lived.
It is what difference we have
made to the
lives of others
that will determine the significance of the life
we lead.”
– Nelson
Seen at King Shaka High School on Mandela Day were, from left, Nosipho Damasane (CEO of Richards
Mandela
Bay Coal Terminal), Bongiwe Ntuli (CEO Grindrod Terminals and Rails), Tatum Keshwar (former Miss SA),
Alexandra Baldwin, Zenith Tsengwa (CEO Permapart Investments), Bakang Enele (Adopt-a-School), and
Abby Waller.
Grindrod’s five-year sponsorship of King Shaka High
Miss Tatum Keshwar (former Miss SA) delivered a moti-
School in Umlazi comes to an end this year but that
vational speech in which she encouraged the learners to
didn’t place a damper on the Nelson Mandela Day cel-
value education and work hard.
ebrations which were attended by Bongiwe Ntuli, CEO
Terminals & Rails, and other staff members.
About Mandela Day
Nelson Mandela International Day was launched in rec-
Grindrod continues to work with the Adopt-a-School
ognition of Nelson Mandela’s birthday on 18 July 2009
Foundation and on this day a handover of a library and a
via a unanimous decision of the UN General Assembly.
music centre took place. Deputy principal, Mr Mqadi said
It was inspired by a call Nelson Mandela had made for
the school was grateful for the contributions made by
the next generation to take on the burden of leadership.
Grindrod over the past years.
Many thanks to the Grindrod staff members who assisted in painting Ndukwenhle High School on Mandela Day.
Jul - Dec 2014
27
SIX MONTHS SUMMARY
FOCUS ON OUR SHERQ P R ASA te st s shunt i ng l ocom otives in passenger operation
One of the GS7 two-axle locomotives at a testing site, pulling PRASA’s passenger coaches.
Grindrod
Locomotives
launched
its
shunting
a
latest
locomotive
number
of
new
recently
in different operations with the aim
agreed to also test the GS7 three-
generation
to give customers the opportunity to
axle
experience these first hand.
feedback on their experience.
incorporating
features
and
locomotives
Grindrod
to
provide
Locomotives
has
technologies when compared to the
PRASA agreed to test the GS7 two-
identified more customers where
prototype
axle locomotives in their operation.
the shunting locomotives can be
The GS7 is a short-haul, shunting
tested in order to obtain feedback
locomotive and PRASA tested the
on
locomotives
that
were
initially introduced to the market.
Grindrod
Locomotives
is
the
improved
features
and
now
locomotive in a passenger operation.
technology in the latest model
embarking on a programme to test
The testing was concluded over a
variation.
the new features and technologies
three-day period at night and PRASA
This pipe conveyor at Grindrod’s Terminal de Carvão da Matola in the port of Maputo is a conveyor belt that rolls into a pipe to
eliminate spillage and dust emissions. From left, the conveyor is open, then the conveyor rolls up into a pipe, and becomes a
pipe conveyor. An expansion project, which will increase capacity to more than 20 Mtpa, is now at an advanced feasibility phase.
If you have any news for us, please contact Alison Briggs on:
tel: (031) 302 7111 e-mail: alisonb@grindrod.co.za
MAKING WAVES is produced by Grindrod Limited
28
Partners in Publishing
E xe m p l a r y HSE eve n a s Maputo coal term inal expands