JULY 2011
The middle of the year is upon us and we are preparing to announce our interim results on 18 August.
We say farewell to John Jones as he retires after
42 years with the Grindrod group; John served
on the Grindrod board as an executive director,
starting in 2002. Brendan McIlmurray, who headed
up the Trading division and was a member of the
executive committee since 2007, retired in June.
Laurence Stuart-Hill, appointed to the board in 1999
as executive director and later as CEO of Unicorn
Shipping, said farewell having resigned after 18 years
with the group, to start a new chapter in his life.
I would like to thank John, Brendan and Laurence
for their support over the years and for their
contribution to the group’s success.
I am sure you will all join me in wishing Martyn
Wade the best in his new position as CEO of Grindrod
Shipping. Grindrod Shipping incorporates Island View
Shipping, Unicorn Shipping and Unical. Tony Stewart
(Grindrod Financial Director up until February 2011)
has taken over the reins from Brendan as head of the
Trading Divisiion. We wish him and his successor,
Andrew Waller (Grindrod Financial Director effective
1 March 2011) all the best in their new roles.
I would also like to welcome Hylton Gray as he
steps into the role of CEO Grindrod Freight Services
– Logistics and wish him and his team much
success.
On the ‘coal front’ (excuse the pun), commissioning
of Phase 3 equipment at Grindrod’s coal terminal in
Maputo (TCM -Terminal de Carvão da Matola) took
place in late June 2011 – with performance testing
scheduled for July.
TCM is currently receiving rail throughput of coal
and magnetite of approximately 320 000 tons
per month, which is double the average volumes
received in 2010. This improvement is mainly due
to a reduction in turnaround times of the trains on
the Maputo Corridor. The current Transnet rampup plans will translate into 450 000 tons per month;
the final-phase ramp-up plans for later this year will
take the terminal to beyond its 6-million-ton design
capacity.
FROM THE BRIDGE
with Alan Olivier
The dredging project in the Port of Maputo was
completed in February 2011. All access channels
are now -11m, so the port is capable of handling
panamax vessels for the first time.
The inland container depot commenced operations
in the Maputo Port from 1 June (joint venture
between Grindrod and DPW), with construction of
the full facility to commence during the second half
of 2011.
In Richards Bay, Navitrade coal export volumes
continued to grow during the first half of 2011,
despite the lack of available rail rolling stock.
Through an ever-increasing inflow of cargo by road,
the Terminal exported 539,437mt during the first six
months of the year. June saw a record volume of
200,000 tons being exported. The development of
>>> turn to page 2
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Grindrod executive committee
>>> from page 1
the third stockpile area at Navitrade was to
be completed in July 2011 and is dedicated
to BEE / Junior miners. Each of the three
stockpile areas will have the capacity to handle
a maximum of 1 million tons per annum. A
total coal export capacity of 3 million tons will
be achievable once rail capacity can meet the
terminal export capacity.
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On the shipping side, our fleet continues to
expand. We took delivery of the IVS Orchard,
a 32 500 dwt handysize logger in February
and the IVS Beachwood, a 61 000 dwt
supramax bulk carrier, in July. In August, we
take delivery of the IVS Kinglet, a 33 000 dwt handysize
open hatch bulk carrier, and the IVS Magpie, a 28 000
dwt handysize logger.
The plan is to increase Unicorn’s fleet of managed
ships by five this year. Four will be new building 16 500
dwt oil/chemical tankers and one will be a Polish-built
bareboat chartered 45 000 dwt oil tanker. These new
additions will bring the total managed fleet to 12 ships.
Our business continues to expand and as we
commence the second half of 2011, I once again wish to
thank all Grindrod staff for their continued commitment
and our customers for their continued support.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Recent changes to the executive committee are:
Martyn Wade is the new CEO of Grindrod Shipping. Grindrod Shipping
incorporates Island View Shipping, Unicorn Shipping and Unical.
Tony Stewart (Grindrod Financial Director up until February 2011) has
taken over the reins from Brendan McIlmurray as head of the Trading
division.
Andrew Waller was appointed Grindrod Financial Director effective
1 March 2011.
Hylton Gray has taken over from John Jones and is the new CEO
Grindrod Freight Services – Logistics.
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The committee is responsible for the day-to-day management
of the group.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
John Jones retires after 42 years with the group
We record with gratitude on the next four pages the contributions of three senior executives of the
Grindrod Group. The photographs were taken at a joint farewell dinner.
Spells in several sectors of King & Sons and
the wider Grindrod Group – and considerable
management ability – took John Jones from a
Freight Clerk at King & Sons in 1969 to a member
of Grindrod’s main board in less than 20 years.
His first significant promotion to Branch
Manager at Port Elizabeth in 1976 was shortlived. The sudden departure of the Siedle family
from the company left a vacuum in the operation
of the Mozambique service of Durban Lines
and, having been involved in that operation
previously, Jones was recalled to Durban to lend
his experience in operating that trade.
His management acumen had become so
apparent that a transfer to Johannesburg as
Unicorn’s Regional Manager for the Transvaal
followed in 1980. Within three years he held three
different appointments in Durban: the Tanker
Trade Manager, the Manager of the underwater
hull-cleaning division and – with the merger of
Grindrod Shipping and King & Sons in October
1982 – Branch Manager of the enlarged operation
in Durban. Directorships of Grindrod Shipping
(1983) and King & Sons (1984) preceded his
appointment, initially as General Manager of the
combined operation to replace the retiring Ron
Sellick (1986), and a year later as Managing
Director.
Having moved into Grindrod South Africa Pty
Ltd in 1988, he also became absorbed into the
wider shipping scene, serving as chairman of the
Association of Shipping Lines and on the national
council of the Association of South African
Shipbrokers and Ships’ Agents.
His successes in nurturing relationships with
existing clients and bringing in new business (six
meetings a day during business trips abroad are
common practice for this dynamic executive)
led to his appointment to the main board of the
group in 2002.
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In his current position as a Grindrod Director
and Chief Executive of the ships’ agency division,
Jones has seen King & Sons grow organically
– apart from significant liner principals, there are
over 400 non-liner clients within the group – and
by the acquisition of other agencies. He was involved in
the formation of the Black Economic Empowerment joint
venture, Eyethu Ships’ Agencies, the purchase of the
South African operation of Inchcape Shipping Services
to form ISS-Voigt Shipping, and the takeover of Ellerman
& Bucknall from P&O Nedlloyd. He has overseen the
continued growth of the group’s agency division, which
has continued as the main thread of the original Grindrod
operation since its inception in 1910.
Mahomed Kajee
sings John’s praises
In his speech at the farewell dinner, Mahomed
Kajee, CEO of Grindrod Ships Agencies, said in
part, “It was during John’s formative years that
those above him quickly realised that here was
a man who displayed all the qualities to take the
company forward. It came as no surprise, therefore, that he entered the management stream
very early into his career. But it did require a lot
of effort, business acumen, a positive mindset,
commitment and self-sacrifice on his part.
“This last characteristic was certainly tested
when he was hurried off to Port Elizabeth one
morning within a few hours of being instructed
to head up that branch, despite the fact that an
addition to the family was imminent.
“John came from the old school and his resolve
has often been tested by the extent to which the
erosion of personal values and work ethics have
changed in the last few decades. Each wave of
recruits brought with it even more of a challenge
to senior execs who constantly needed to maintain a balanced perspective of a rapidly changing work ethos that was tuned to its own set of
ideals.
“John not only survived but came out relatively
unscathed only because of his sheer determi>>> turn to page 5
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
>>> from page 4
nation, composure and an ability to be in
control during many seemingly impossible
predicaments. Simply put, he remained on
top of his game throughout his career.
“His strength of character, his integrity,
his unrelenting pursuit of new clients to
turn Grindrod South Africa into the most
successful agency in the region and his uncanny knack of dealing with people across
a broad spectrum in a firm yet respectful
manner, are but a few of those I can mention. To this day, John is the embodiment
of the above strengths built on a cornerstone of sound principles supported by
high ethical and moral values.
“Mention has to be made of the pinnacle
of John’s career, that being in 2002 when
he was invited to join the board of directors
as an executive member. This appointment
alone was as clear a statement as any of
the esteem in which John was held by the
then Chairman, Mr Murray Grindrod, and
the rest of the directors.
“On behalf of the entire Agencies workforce and all my other colleagues from
GFS, I thank you for your immense and immeasurable contribution to the group and
particularly to this division; your wisdom
and counsel when it was needed, your
leadership and direction of which you gave
freely, your generosity that flowed from
your empathy, your razor sharp wit when
it simply was too good to ignore a perfect
opportunity, your mentorship that helped
shape new and developing leaders in our
midst and, above all, the integrity that you
installed in both our working and personal
lives.
5
“I trust that your twilight years in the
warmth of loved ones more than make up
for many of the torrid ones spent steering
our ship. There aren’t going to be too many
people who will attain 42 years of service in
any one organisation, let alone Grindrod. It
is a record that you can be extremely proud
of, and one that leaves behind a truly exceptional legacy.”
John and Carmen Jones.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
We say farewell to Laurence Stuart-Hill
Laurence Stuart-Hill, Managing
Director of Unicorn Shipping and
Unical, recently resigned from
Grindrod after 18 years’ service.
An accountant by profession, Laurence
Stuart-Hill spent a year with a London
stockbroker and a spell with Deloittes before moving to Unicorn Shipping in 1993.
After gaining experience in tanker operations and financing as Finance Manager
for Unicorn, he was ready to become the
Group Finance Manager for the Grincor
Group.
Within 18 months he moved to the Grincor board as Finance Director and, with
the restructuring of the group at the time,
several of the business units began reporting to him. As such, he oversaw the
development of numerous joint ventures
in landfreight and logistics, such as P&O
Grindrod, Röhlig-Grindrod, Auto Carriers, and several others.
He was approached by the Worldwide
Group to have Grindrod participate in a
project to build a bulk storage terminal
for heavy metals in Richards Bay. The ensuing negotiations saw a three-way joint
venture in the construction of a terminal
– known as Kusasa – with the Grindrod
Group holding 45 percent of the shares,
P&O Ports 45 percent, and the Worldwide Group 10 percent. Eventually, Grindrod bought out the other shareholders.
The development of terminal facilities at
Richards Bay and the acquisition of an
initial one-third share in the Maputo Port
Development Company provided the basis for what today is the Group’s Ports
and Terminal Division. Expansion into
the rail and tank terminals followed the
investment in ports and terminals.
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The retirement of Ivan Clark and the
subsequent appointment of Alan Olivier
as the group’s Chief Executive, brought
him a new portfolio – Managing Director
of Unicorn Shipping and Southern Tankers (later restructured to become Unical)
Laurence and Dru Stuart-Hill.
– for which he had been well prepared earlier in his
career with the group.
Laurence, from all your colleagues and friends at
Grindrod, we wish you much happiness, health and
success in the years to come.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Brendan McIlmurray retires
Brendan McIlmurray, Chief
Executive Officer – Trading, retired
recently.
Brendan grew up in England and achieved an LLB degree at the University of
London. After participating in a graduate
training scheme with Ford Motor Company, he emigrated to South Africa in
1966.
Brendan has more than 10 years marketing experience in the mining industry
with Union Corporation, Impala Platinum
and Anglovaal and 30 years experience
in the trading industry.
In 1985 he became the founder director of the Johannesburg-based Oreport
(Pty) Ltd. Oreport was established to
source metal and mineral bulk cargoes,
to locate customers, and to arrange the
shipment of those cargoes to the customers. Brendan became chairman of
Oreport in 2003.
The Grindrod group’s involvement in
mineral shipments, particularly through
the charter operations within Island View
Shipping, led to the purchase of a 50%
stake in Oreport in 2005.
Grindrod concluded the purchase of
the balance of the business in 2008.
Brendan then became CEO of Grindrod’s Trading division which comprises
Oreport, Cockett Marine Oil, and Atlas
Trading & Shipping. The division trades
worldwide in dry and liquid bulk commodities, including agricultural products, industrial raw materials, marine
fuels and lubricants. Atlas Trading &
Shipping, Oreport and Cockett Marine
Oil source the specialised commodities
and arrange for delivery to the market.
Brendan and Narda McIlmurray.
In 2007, Brendan became a member
of the Grindrod executive committee.
7
Brendan’s plans include possibly
studying for the English bar, and he
will certainly be travelling to see all the
big cats in the wild. He will also be doing birdwatching worldwide, enjoying
French wine, improving his golf, walking and gyming ...
and reading – especially Winston Churchill.
Brendan, may your retirement years be filled with much
love, health, happiness and prosperity.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
New ships coming into service at Unicorn
The plan is to increase Unicorn’s fleet of managed
ships by five this year. Four will be new-building
16 500 dwt oil/chemical tankers and one will be a
Polish-built bareboat chartered 45 000 dwt oil tanker.
These new additions will bring the total managed
fleet to 12 ships.
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Unicorn Shipping sister ships mv
Umgeni, Kei and Gouritz awaiting
delivery from Sanfu Shipyard in China.
Seen in the Sanfu (China) shipyard preparing for delivery of
Umgeni, Kei and Gouritz in July and August 2011, are from
left, Captain John Williams, Chief Engineer Nikesh Ramroop, Captain Des Naicker, Rennie Govender and Chief
Engineer Brendan George.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
New ships coming into service at IVS
The IVS Kinglet, a 33,000
metric ton dwt bulk carrier,
was successfully named and
launched in May 2011 by
Jeffrey McLaughlan, Marketing Director of Xstrata South
Africa, and his wife Marelize at
the Kanda Shipyard in Japan.
The vessel, which is the
thirteenth vessel we have had
from this yard, is expected
to deliver into our service
towards the end of August.
The IVS fleet continues to
expand. We took delivery of
the IVS Orchard, a 32 500
dwt
handysize
logger
in February and the IVS
Beachwood, a 61 000 dwt
supramax bulk carrier, in July.
In August, we take delivery of
the IVS Kinglet, a 33 000 dwt
handysize open hatch bulk
carrier, and the IVS Magpie, a
28 000 dwt handysize logger.
IVS Beachwood
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IVS Orchard
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Maputo port in focus
US$ 225 million dollars was invested in Maputo and Matola Ports over the last eight
years and cargo handled has increased from
5 million tons in 2003 to predicted volumes of
12,6 million tons for this year. These figures
were quoted by Jorge Ferraz, CEO Maputo
Port Development Company (MPDC), at a
conference in Maputo on 1 June.
He went on to say that volumes handled
were expected to double in the next four years
and grow to about 50 million tons by 2030. Investment in equipment and infrastructure has
made a significant contribution to the growth
and it is expected that a further $750 million
will be invested over the next 20 years.
The vision and leadership of the Mozambican government as well as the alignment of
Transnet Freight Rail (TFR), CFM, Grindrod
and DP World have all contributed to this
success story. Said Dave Rennie, Chairman
of MPDC and CEO Grindrod Freight Services,
“We commend TFR on improved efficiencies.
By sweating their assets they have managed
to reduce turnaround time of the trains from
200 hours to 90 hours on the Maputo corridor.”
This was the good news communicated at
the First Maputo Port Conference hosted by
MPDC, in which CFM, Grindrod
and DP World are shareholders.
The objective of the conference
was to share with all stakeholders
the achievements and successes
of the port since the concession
was granted eight years ago. In
2010 MPDC received an extension to its port concession to
2043, providing a timeline for the
implementation of a Port Master
Plan and for the sub-concessionaires to undertake additional
investments.
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In his opening address, the
Prime Minister of Mozambique,
Aires Bonifácio Aly, highlighted
the enormous opportunity for
economic growth in Mozambique
driven by the continued demand
for commodities. Maputo provides
The new shiploader at TCM.
an ideal corridor for the export market. His Excellency’s sentiments were echoed by the Vice-Minister of
Planning and Development in her keynote address.
Infrastructure development is essential, as global
economic growth is dependent on Africa’s commodities. The demand for commodities will continue to
be driven by growth in China and India. MPDC and
its sub-concessionaires have the capital, skills and
experience to deliver on these demands.
The Port Master Plan includes numerous projects.
The first major capital project which was jointly undertaken by CFM, Grindrod and DP World was the
dredging project and this was successfully complet-
The port of Maputo.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Maputo: growth flows from investment in harbour
New stacker/reclaimer. Grindrod’s
investment in infrastructure and equipment in
the port of Maputo, Mozambique, is making
a significant contribution toward the growth
of the port.
ed earlier this year.
Also part of the Port’s master plan is the development of Grindrod coal terminal (Terminal
de Carvão da Matola). Phase 3 of this development, which included the installation of a
new shiploader and a new stacker-reclaimer,
was completed earlier this year. This recent
expansion has increased the terminal’s capacity to 6 million tons per annum. The terminal has operated at full capacity since TFR’s
upgrade to the rail infrastructure and since the
improved efficiencies by TFR.
Phase 4, which will expand the capacity to
20 million tons and more, is in feasibility planning stage. This will require excavation and
land reclamation, the construction of two new
berths, a stockyard and railway infrastructure.
The final terminal footprint will be in the region
of 120 hectares (excluding any reclaimed areas).
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Since rail infrastructure is a key aspect to
the success of TCM and other terminals,
Grindrod will continue to work closely with CFM and
Transnet Freight Rail.
The Chairman of CFM, Rosario Mualeia, in his presentation to the delegates, said that CFM were fully
committed to delivery of the master plan and were
working with the sponsors (Grindrod and DP World)
to ensure its success.
Siyabonga Gama, the CEO of Transnet Freight
Rail, shared with the audience Transnet’s improved
efficiencies, how this will further be rolled out, future
expansion plans, and Transnet’s commitment to the
development of the Maputo corridor.
Alan Olivier, CEO of Grindrod Limited, said: “We
believe that the demand to move cargo through the
coal terminal will continue to grow and we are gearing up to accommodate this increased demand for
capacity from both established and junior miners.
We look forward to continued interaction with TFR
and CFM, building on our relationship with the Mozambican government and working together with all
stakeholders to optimise trade through the port of
Maputo.”
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Combining strengths for bulk liquid terminals
Bound together (from left) Rutger van Thiel, Oiltanking; Mkhuseli Faku, Calulo; and Dave Rennie, Grindrod Freight
Services (GFS), shaking hands after the signing of the joint-venture agreement.
Effective February 2011, Oiltanking Calulo,
based in Cape Town, a joint venture between
Oiltanking and Calulo Petrochemicals, joined
forces with Grindrod Limited. The resulting
joint-venture company, Oiltanking Grindrod
Calulo (Pty) Ltd (OTGC), is focused on the development of liquid bulk terminals throughout
South Africa.
Grindrod, through its Shipping, Trading and
Freight Services Divisions, is focused on delivery within the bulk cargo supply chain and
first entered the liquid-bulk-storage sector in
May 2007 when it acquired Tate & Lyle Molasses’ South African terminal operations in
Durban and Cape Town.
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Oiltanking is one of the world’s leading independent storage partners for oils, chemicals,
and gases. Oiltanking owns and operates 71
terminals in 22 countries with a total storage
capacity of more than 18.3 million cubic metres. Oiltanking therefore brings a wealth of
experience in the design, construction and management of bulk liquid terminals.
Calulo Petrochemicals is the Grindrod group’s existing Black Economic Empowerment partner in a
number of ventures in South Africa and this transaction represents an extension and further deepening
of that relationship. Calulo Petrochemicals is a South
African black-owned and -controlled investment
company focusing on the oil, chemicals and logistics
sectors.
Oiltanking, as the lead operating and managing
partner in the joint venture, has a 46% shareholding,
with Calulo Petrochemicals holding a 16% stake,
and the remaining 38% shareholding being held by
Grindrod.
The individual strengths of each of the three partners in OTGC effectively combine to form a formidable association with the necessary credentials to
capitalise on tank terminal development opportunities within South Africa.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
King & Sons helped mv Africa Mercy on its way
mv Africa Mercy leaving Durban in February
after several months in the harbour. King &
Sons provided a free agency service to the
vessel which serves the people of West Africa,
bringing hope and healing to the suffering.
Agents for UN, again
King & Sons were recently re-appointed as
freight forwarding agents in South Africa for
the World Food Programme of the United Nations.
After an evaluation, Dierk Stegen, Chief,
Ocean Transportation Service, wrote to Dan
Dalton, non-liner director at King & Sons,
saying, “The Ocean Transportation Service is
pleased to inform your team that there is a
high level of satisfaction for the services rendered by King & Sons for South Africa.”
Speaking about the renewal of this longstanding relationship, Dan said, “I would like
mv Africa Mercy leaving Durban.
to thank the following for their outstanding efforts
on this often difficult and challenging cargo account
– on the liner/container side, the efforts of Lavashnee
Naidoo, Deen Naidoo, Sats Nair and Veronica Bastion are to be complimented; and on the bulk side,
Paddy Padayachee and Duran Pillay have played a
major role in retaining this prestigious account.”
Launching a brand new
communication platform
The Grindrod IT and Marketing Department
have been working on a new intranet since
November last year and it is almost ready to
unveil. We have given some 250 people access to the site and have requested that they
test the site and provide feedback at workshops around the country.
The intranet site will provide a library of
information, which will include press clippings, an image library, company logos, business unit brochures, adverts, presentations,
policies and procedures to name just a few.
Group service departments such as Finance,
Internal Audit, HSE (Health, Safety & Environment) will have a platform to communicate to
a target group of people. Each business unit
will have its own portal to share information
on a business unit level or with the rest of the
group.
Intranet champions will be identified to assist in developing various portals on the intranet to ensure they are functional and add
value.
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As communication is vital in any organisation, we look forward to rolling the intranet out
to all users. Not all business units are on the same
central server, we have remote users and users situated around the globe, but we are determined to find
a solution to all challenges and ensure that the intranet is available to every computer user within the
Grindrod fold.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Grindrod Bank turns out in force for JP Morgan challenge
On Thursday 3 March,
the Grindrod Bank Johannesburg office (this
year bolstered by some
of the Capitau team)
once again took to the
streets of Melrose with
12,000 other runners in
The JP Morgan Corporate Challenge.
In a hotly contested
face-off between Gareth Stobie and Yaron
Zimbler for first runner
home, Yaron came out
victorious. This leaves
the score tied with two
wins each. Who will
be the Grindrod Bank
champion next year?
Thank you to the enthusiastic Johannesburg
participants for making 2011 our biggest turn-out to date.
And great appreciation goes to those
who were unable to run (largely due to
some last-minute sports injuries) but
who came to support and enjoy the festivities at the hospitality site.
In the Grindrod Bank team were, back
from left, David Shimkins, Meglan Pillay,
Prushna Lakman, Gareth Stobie, Jean
de Wet, Yaron Zimbler, David Neale,
Dudu Sithole, Chris Newland, Michael
Rosholt, Ngawethu Ngcuka, Dino Theodorou, Shane Thompson (Capitau) and
Berneen Field (Capitau). And front, Tash
Cosa, Vuyo Majija, Nitasha Moodley, Janet Smith, Ruline Muller, Tamaryn Stiles
and Shannon Field (Capitau).
Tour promoted listed property
The Grindrod Asset Management (GAM) team
concluded a successful three-city tour with
their Listed Property Summit in June.
The format included a Q&A panel discussion hosted by media personality and eTV
news anchor, Nikiwe Bikitshe, who added a
particularly professional tone to the occasion.
Chief Investment Officer Ian Anderson and
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Fund Manager Greg Rawlins presented some compelling arguments on the benefits of investing in listed property, whilst examining the dynamics of local
and international markets following the fallout from
the global economic crisis.
The summit attracted 300 independent financial
advisors and direct clients, and garnered some good
media coverage.
Greg Rawlins, Ian Anderson and James Templeton.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Grindrod Bank sponsors Pondo Pedal
One-hundred-and-twenty mountain-bike riders converged on the Wild Coast from 1 to
5 June to participate in the inaugural Pondo
Pedal, sponsored by Grindrod Bank.
This gruelling and breathtaking annual threeday event covered coastal roads, single-track
cattle paths, mangroves, beach and forest.
The Grindrod Bank team was represented
by David Polkinghorne (CEO), Kim Hertzberger, Nicole Grinaker and Janet Lightbody who
used the time to develop relationships and
talk about the bank’s services.
This is the first title sponsorship that Grindrod Bank has undertaken, and was a perfect stage to unveil the niche type of business
which it runs.
Janet Lightbody, David Polkinghorne and
Nicole Grinaker atop Sugar Loaf hill near Port
St Johns.
It was agreed by all, and confirmed in the
overwhelming letters of thanks, that the event
captured a sense of down-to-earth culture
between the riders and the community who
become the ultimate beneficiaries of the
Bank’s sponsorship.
Emotional scenes accompanied the final
day, with members of one of the local schools
lining the beach finish and singing beautifully harmonised songs and enthusiastic war
cries.
David Polkinghorne and Janet Lightbody crossing the
finish line.
Habitat for Humanity returns
Once again, Grindrod Bank volunteers from
across the country took up the call to better local communities – and built a house in
Umgababa, just south of Durban, for the benefit of Gogo and Baba Mthembu.
This year the theme was ‘youth’ – since it
followed Youth Day – and a number of energetic Kearsney College boys lent some muchneeded muscle to the project.
The sweat that went into brick moving,
mortar mixing and brick laying was characterbuilding and developed some excellent team
spirit.
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This certainly seems to have been the case
with the cheerful and energetic teams getting
stuck into singing and dancing on the site.
The day bankers and boys became builders.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Cockett oil-spill response accredited
The comprehensive oil-spill response arrangements recently invested in as part of Cockett Marine Oil’s dedicated Thames Estuary
bunkers-only operations, have been granted
high-level safety accreditation.
The UK Spill Association (UKSpill), which is
recognised by the UK environmental and maritime regulators as the national industry body,
has accredited the spill-response equipment
and congratulated Cockett Marine Oil for the
development of its local partnership concept.
Example of oil-spill-boom response to a
tanker leak.
Cockett Marine Oil is providing regulated
fuelling for vessels from several agreed locations in the Thames Estuary. The anchorages
sit in deep and unobstructed waters, well
sheltered from the prevailing weather and are
accessed via a short deviation from the shipping lanes of the English Channel.
Cockett Marine Oil’s bunkers-only fuel operation in the Thames Estuary has been developed in response to the UK government’s
‘Merchant Shipping (Ship-to-Ship Transfer)
Regulations’. The new legislation will ban all
unregulated refuelling in UK waters unless it
takes place in areas controlled and supervised by a port authority, in this case the Port
of London Authority (PLA).
One element of the comprehensive spillresponse arrangements has been to work
closely with inshore fishermen, each an expert on estuary and coastal waters. This has
led to the adaptation of 10 fishing vessels to
act as additional oil-spill response vessels. As
well as making changes to the vessels, funding has been provided to facilitate the training
of 30 local fishermen in oil-spill response and
pollution control.
As a result, the dedicated Cockett Marine
Oil facilities will now be available for any vessel passing through the Thames Estuary and
English Channel, as well as supply and service vessels visiting other local marine-based
developments, such as wind farms, in the
event of an incident.
16
The accreditation has been welcomed by
Roy Stanbrook, PLA harbourmaster for the
Thames Estuary area: “Cockett Marine Oil’s
approach to mitigating the risk of environmental damage is to be commended. The
Spill-response equipment.
company’s whole approach to ship-to-ship transfer
has been ahead of the game and a model for other
port authorities to consider putting in place.”
Robert Thompson, General Manager - Supply &
Business Development at Cockett Marine Oil, said:
“We have been providing a bunkers-only service in
the Thames since 1 September 2010 without incident. However, we are delighted that the quality
of the Tier 2 spill-response systems we have put in
place have been recognised by UKSpill and we can
now make them available to help with any potential
incidents from any other marine activity. It supplements the substantial and comprehensive ‘Tier 1’
response capability all of the Cockett-operated vessels are also equipped with. The accreditation is a
vote of confidence in our diligent and pro-active approach and our facilities and resources, and should
send a very positive message that we are committed
to protecting the environment and providing a safe,
regulated and controlled solution for a previously uncontrolled activity.
“Cockett Marine Oil’s bunkers-only service complements our Thames River bunker service which we
have operated since 2009, a much needed and previously absent service.”
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Team in Walvis Bay ready for growth
Grindrod Ships Agencies in Walvis Bay has
been focusing on its organisational structure
and training to ensure it has the skills to deliver on its promise to provide a full range of
services to everything from a passenger vessel to a barge.
Grindrod also provides ships agency services for the floating docks and synchro lift in
the port of Walvis Bay.
At the helm of the branch is Dirk Kotze,
Branch Manager. “We are now ready for
growth under our new brand,” says the former commercial diver who joined Grindrod in
Walvis Bay a decade ago. The agency was
known as King & Sons until October 2010.
Dirk says his team is ready for growth in
traffic through the port. “If the thing floats, we
can do it,” he says.
“Namport has invested in a lot of equipment and is currently dredging the port. The
new Navis container planning system in the
harbour is working well. You have to take your
hat off to Namport,” he says.
This ‘can do’ attitude is reflected across the
spectrum of businesses in Walvis Bay, and
Kotze is confident that the volumes and diversity of business will grow in the port.
Part of the growing port of Walvis Bay, Namibia.
Making a difference on ‘Mandela Day’
Project Build and eLAN Foundation
co-ordinated teams of volunteers from
various companies to give ‘67’ minutes of their time to make a difference
in the lives of others less fortunate on
‘Mandela Day’, 18 July. A team from
Grindrod joined some 130 volunteers
to clean up and to paint classrooms
at the New Guelderland School in
Blythedale. Just before midday all
the pupils joined together to sing the
national anthem and ‘happy birthday’
to Nelson Mandela. Cake was then
served to comemmorate the birthday.
Thanks to Project Build and eLAN
Foundation for making this possible.
Some of the Grindrod volunteers were,
from left, Bianca Vergotine, Claire Mc
Roberts, Verna Watson, Cinde Dreyer
and Camden Goodburn.
17
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Maputo: Inland container depot gearing up
The Maputo Inland Container Depot (MICD),
a joint venture between Grindrod and DP
World, started operating on 1 June 2011 on
8 000 m2 of land rented from Maputo Port Development Company.
In the first month of operation, the MICD
accepted 1001 containers and released 499
containers.
The staff of 17 people, one empty container
handler and one truck/trailer are at the disposal of clients on a 24/7 basis (in line with
the DP World Maputo container terminal).
Additional handling equipment and trucks
were scheduled to be delivered in July, with
construction of the full facility to commence
during the second half of 2011. The first customers are MOL and Maersk line.
Delivering bunkers in a ‘buster’
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Calulo’s mini-tanker Fumana makes its way
in a strong south-wester to deliver bunkers
to a ship in Durban harbour. Photo by Mike
Roberts.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Perishable Cargo Agents sold to Lonrho
Grindrod has concluded the sale of Grindrod
Logistics Perishable Cargo Agents (“Grindrod
PCA”), a division of Grindrod (South Africa)
(Pty) Ltd, to a subsidiary of Lonrho Plc (“Lonrho”), with the transfer of the business from
Grindrod to Lonrho currently in progress.
David Lenigas, Lonrho Executive Chairman, commented: “This is a good strategic acquisition for Lonrho, making us the largest distributor by air of fresh
produce from Southern Africa to the global marketplace in a sector we see as having strong growth
potential.”
Grindrod PCA is a leading exporter of fruit,
vegetables and fish from southern Africa to
the global market and operates internationalstandard cold-store and logistics facilities in
Johannesburg, Cape Town, Port Elizabeth
and George. Lonrho is a leading player in
the agricultural sector where it plants, grows,
packs and delivers produce to retail shelves in
Africa and increasingly across the world. The
acquisition of Grindrod PCA will significantly
increase the logistic capabilities of Lonrho to
meet existing and forecast demand.
Having limited exposure to the fresh-produce sector,
with Grindrod’s strategy being focused on the movement of dry bulk, liquid bulk, containers and automobiles, the growth potential of Grindrod PCA was
limited within the Grindrod group.
Alan Olivier and the Grindrod executive team would
like to thank the Grindrod PCA management team
and all its staff for their commitment and support
over the years, and wish them all the success in the
future.
Inyala rode the storms ...
19
One of Unicorn Shipping’s vessels, mv Inyala, recently took almost 15 days to cross the North Atlantic instead of the
theoretical nine days. Soon after her departure from Fawley in the UK, a deep low-pressure system passed north of the
vessel. The wind increased to Beaufort Force 11 (60 knots) and the seas became dangerously high with 6-metre-plus
swells to make matters worse. After a brief period of calm, the vessel was hit by winds registering Beaufort 9, gusting
10. This photo, taken by one of the crew, gives an idea of the conditions.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Ston
Thomas Miller acknowledge Grindrod
Hugo Wynn-Williams presents Tim McClure (previous MD of IVS, retired in 2010)
with one of a set of eight Riedel lead
crystal wine glasses onto which had been
sandblasted a different southern African
bird. The glasses were in recognition of
Tim’s ‘immeasurable contribution to the
success of Island View Shipping, from all
your many friends at Thomas Miller’.
Automotive accredited
Grindrod Logistics – Automotive (GLA), are
proud to announce that the company has
been awarded the ISO 9001:2008 system accreditation for the transport of vehicles.
This multi-site certification is valid until 2014
subject to satisfactory surveillance audits.
The accreditation is certified by SGS South
Africa and authorised by SANAS (QMS certification body).
Auto Carriers, as the business was previously known, was founded in 1954, and
became a wholly-owned subsidiary of Grindroad in 2006. The once green fleet of trucks
has slowly morphed into the true blue and red
Grindrod-branded trucks seen on the roads
today.
Said Dave Roberts, divisional general manager, “Service delivery is key in our business,
and we will strive to continue to deliver the
standard of service our customers deserve.”
20
Hugo Wynn-Williams, the chairman of
Thomas Miller, hands over a Nelson
Mandela dish to Alan Olivier to commemorate Grindrod’s centenary. Thomas Miller
celebrated their 125th anniversary last year.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Grindrod Travel news
Grindrod Travel recently presented
15-year long-service awards to Ishara
Bridglal (left) and Colleen Pigford (right),
seen here with Ken Tweedie, Managing
Director.
Grindrod Travel signed a ‘Preferred Partner
Franchise Agreement’ with Tourvest Travel
Services, effective 1 April 2011.
Tourvest Travel Services is a division of
Tourvest Holdings – South Africa’s leading
tourism company. Tourvest Travel Services
focuses on the corporate and leisure travel
markets, providing travel management services to a large number of companies and
Grindrod Travel has won the ‘top performing agent’
award in KwaZulu-Natal for Lufthansa. This annual
award is based on revenue/sales. Photographed at a
function at Fairmont Zimbali, are: Eve Ralphs, Sales
Manager Lufthansa South Africa; Jean Bowers, Sales
Executive - Lufthansa in KZN, Ken Tweedie, Managing
Director Grindrod Travel; and Toni Meredith, Branch
Manager Grindrod Travel Durban.
operating a number of market-leading travel agency
brands.
As a franchise partner of Tourvest, Grindrod Travel
enjoys the benefits of preferred relationships and
pricing from all of the quality travel suppliers in the
market, from airlines, hotels, car rental companies,
and tour operators to other industry players.
Supporting IVS’s NSRI Golf Day
Photographed at the
annual IVS-sponsored
NSRI Golf Day held
on 30 June 2011 in
Richards Bay are,
from left, Werner
Rothmann (Regional
Manager), Sanjeev
Harriall (Engineers
Manager), Christo
Coetzer (Operations
Manager) and Des
Hibbert (Hydro
Sebenza).
21
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Safety steps paying off at Richards Bay
Anne-Thea Dippenaar hands
a jacket to Sam Mbokazi in
recognition of his contribution
to a safer environment.
The team at Grindrod Terminals Richards Bay continuously
strive towards maintaining a
safe working environment and
have introduced systems such
as ISO 9001, ISO 14001 and
OHSAS 18001. Measurables
were first introduced in 2008
and the first certification was
received in 2009. The Navitrade
site recently reported 720 days
Disabling Incident Free.
Anne-Thea Dippenaar hands a
jacket to Willem Williamson in
recognition of his contribution to
a safer working environment.
Ablution block
sponsored
Grindrod sponsored a new ablution block,
seen here under construction, at the Amaoti
3 School near Durban. The project managers
anticipated the build would be complete by
mid-July.
Emphasis on training at Car Terminal
Grindrod Automotive Services, operating
in the Durban Car Terminal, are in the initial
stages of setting up a Skills Development and
Training Centre to address the training needs
of all their employees.
The training programmes are ongoing and
are very specific to the operational needs of
the Durban Car Terminal. The delivery of the
courses will improve as new equipment is
purchased and the programmes will continue
to develop as needs are identified. There are
approximately 20 training courses available.
Examples of courses on offer:
• Human Error and Rule Breaking
• HIV/AIDS lifestyle management – ongoing
• Operational Excellence and Business
Process – Management
• Supervisory Competency – Team Leaders
• Accident and Incident Analysis – RCA
and RAP
22
“We believe that we need to focus on training our employees to achieve operational ex-
cellence,” said Ashie Brambha. We want to be the
service provider of choice to Transnet Ports and Terminals.
We are passionate about Safety and Compliance
in the workplace and are striving to empower our
team to achieve a zero incident/accident record. We
believe mutual respect, open communication and a
caring environment is conducive to business success.”
Under the leadership of Dave Roberts (divisional
general manager) the management team is committed to the safety of employees, protecting and maintaining the Grindrod brand, excellent service delivery
and continuously introducing initiatives to improve
our operations.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
2011 Comrades day
This year 19,617 runners entered the 86.96km
race between Durban and Pietermaritzburg
held on 29 May.
The Grindrod seconding table during the
Comrades Marathon was a great success
again, thanks to Donna Coetzee and the 80
volunteers. Donna has taken over the reins
from Liz Turner who for many years organised
Grindrod’s supporters table.
This year’s race was an up-run so it was a
very cold and early start for all. The first person
arrived at 02h00! Volunteers included present and past employees, family and friends,
St Mary’s girls and our Chairman, Ivan Clark,
who never misses this day.
pumping up the vibe; our braai master fuelled up the
enthusiasm of our volunteers with delicious hamburgers and boerie rolls. The helpers have to keep
going throughout the day as one of the biggest tasks
is “the big clean up” once all the runners have gone
through. The site was spotless and free of all litter
when we left.
A big thank you to all volunteers who helped both
before and on the day; it is always exciting to see
colleagues, friends and family help make the world’s
biggest ultra-marathon a great success. We look forward to having the same enthusiasm and success
next year on Sunday 3 June.
The site, at the top of Field’s Hill in Kloof,
is about 300m long and refreshments are set
up along the side of the road. It is our job to
ensure that all runners get water, Energade
and Pepsi-Cola and most importantly lots of
support and encouragement.
All the items for the day had to be collected
from various places on the Friday and delivered by truck in the early hours of race day,
and then returned on the Monday after the
race.
23
As usual the Grindrod site was lively and
colourful with banners, balloons and a DJ
The 80 volunteers at the Grindrod stand were kept
busy as thousands of runners raced by.
MAKING WAVES
A news update for the customers, suppliers and staff of Grindrod Limited
Now you can report unethical behaviour ... anonymously
To enhance this initiative Grindrod introduced
Deloitte Tip-offs Anonymous, a fraud and
ethics hotline service which provides a means
for our employees, customers, suppliers,
management or shareholders to report
dishonesty, fraud and other inappropriate
behaviour.
The Tip-offs Anonymous service provides
an external communication channel for
individuals to report concerns in a secure
and anonymous environment. Deloitte Tipoffs Anonymous is totally independent of
Grindrod and under no circumstances will the
Tip-off report reveal the identity of the person
who provided the information. There is also
no obligation to tell the Tip-offs Anonymous
agent who you are.
As a Grindrod employee, it is your duty and
obligation to report any wrongdoings in your
company. With Tip-offs Anonymous, you can
do so whilst protecting your identity.
MAKING WAVES is produced by Grindrod Limited
Do the right thing,
report it:
FreeCall
E-mail
FreeFax
FreePost
Website
SMS
0800 213 118
[email protected]
0800 00 77 88
KZN 138, Umhlanga Rocks,
4320
www.tip-offs.com
32840
Benefits
and acknowledgments
All the reports received have all been investigated and have resulted in improvements
being made to the control environment.
We wish to compliment those who had the
courage and the commitment to use the
facility.
If you have any news for us, please contact Alison Briggs on:
tel: (031) 302 7111 fax: (031) 302 7144 e-mail: [email protected] Deadline for submissions: 17 October.
Partners in Publishing
Grindrod is committed to conducting ethical
business practices with honesty and integrity,
which will not only ensure a stable working
environment for everyone but also sustain the
continued future success of Grindrod.