Finance
S.Africa's Transnet agrees port equipment deal with Liebherr
Published by Global Banking and Finance Review
Posted on September 18, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 18, 2025
1 min readLast updated: January 21, 2026
Transnet partners with Liebherr for a 10-year crane supply deal to modernize South Africa's ports, addressing equipment shortages and boosting efficiency.
(Reuters) -South Africa's logistics company Transnet on Thursday said it has agreed a 10-year partnership deal with German equipment maker Liebherr for the supply of cranes as it seeks to upgrade and modernise its port operations.
The two parties have also agreed on a 20-year asset management programme, which will see Liebherr provide equipment maintenance, repairs and spares, Transnet said in a statement.
The state-owned Transnet, which operates South Africa's ports and freight rail network, has been struggling to provide adequate services due to under-investment. Its port operations have been hobbled by equipment shortages, often leading to lengthy backlogs that have impacted retailers and exporters.
"This strategic collaboration empowers us to significantly boost operational efficiency, streamline port logistics, and reduce long-term operational costs," Transnet Port Terminals Chief Executive Officer Jabu Mdaki said.
Transnet said it had already placed substantial orders for Liebherr equipment, including four ship-to-shore (STS) cranes for the Durban port. It has also ordered 48 rubber-tyred gantry (RTG) cranes for the Durban and Cape Town terminals.
(Reporting by Nelson Banya)
A partnership is a formal arrangement in which two or more parties agree to manage and operate a business together, sharing profits and responsibilities.
Equipment maintenance refers to the process of keeping machinery and equipment in good working condition through regular inspections, repairs, and replacements.
Port operations involve the management and coordination of activities at a port, including loading and unloading cargo, storage, and transportation logistics.
Asset management is the systematic process of developing, operating, maintaining, and selling assets in a cost-effective manner.
Operational efficiency refers to the ability of an organization to deliver products or services in the most cost-effective manner without compromising quality.
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