Dear Valued Stakeholders,
Thank you for your support during 2018/19. It was a challenging year during which the number of vessel calls was 11% lower than the target we had set, due to the economic downturn.
South African economic growth is expected to remain at low levels recovering gradually by 1.2% in 2019, 1.5% in 2020 and 1.7% in 2021. Liquid Bulk and Break-Bulk volumes are expected to remain at low growth levels, while some improvement is expected in the other commodities.
See attached for more information ...