Transnet National Ports Authority (TNPA) has signed a 25-year Terminal Operator Agreement with FFS Tank Terminals to operate and maintain a Liquid Bulk Terminal at the Port of Cape Town.
The R195.7 million investment over the first three years will fund infrastructure upgrades aimed at improving efficiency and ensuring a reliable fuel supply to local industries. Once completed, the terminal will double its diesel storage capacity to 29,200m³ and increase bitumen capacity from 4,700m³ to 6,900m³ — a total storage boost of 47%.
Acting TNPA Chief Executive Phyllis Difeto said the partnership supports Transnet’s Reinvent for Growth Strategy, enhancing the port’s competitiveness and operational readiness.
FFS Tank Terminals CEO Andrew Canning said the milestone marks an expansion of the company’s diversification strategy and its commitment to job creation and economic growth.
The deal follows TNPA’s Section 56 process under the National Ports Act of 2005 and brings the number of licensed terminal operators at the Port of Cape Town to 10, including eight privately owned facilities.
