making waves jul11 - Loud Crowd Media Waves July...Title making waves jul11.indd Created Date 1/27/2011 1:26:00 PM

with Alan Olivier

FROM THE BRIDGE

JU

LY 2

01

1

The middle of the year is upon us and we are prepar-

ing 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 ramp-

up 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.

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

Grindrod executive committee

2

MAKING WAVES A news update for the customers, suppliers and staff of Grindrod Limited

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.

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

>>> from page 1take 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.

3


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.

The committee is responsible for the day-to-day management of the group.

4

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 short-

lived. 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.

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

John Jones retires after 42 years with the group

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.


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.

Mahomed Kajeesings John’s praisesIn 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, there-

fore, 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 main-

tain a balanced perspective of a rapidly chang-

ing 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

5


John and Carmen Jones.

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 un-

canny knack of dealing with people across

a broad spectrum in a firm yet respectful

manner, are but a few of those I can men-

tion. To this day, John is the embodiment

of the above strengths built on a corner-

stone 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 work-

force and all my other colleagues from

GFS, I thank you for your immense and im-

measurable 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.

“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 ex-

ceptional legacy.”

>>> from page 4

6

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 be-

fore moving to Unicorn Shipping in 1993.

After gaining experience in tanker opera-

tions 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 Grin-

cor board as Finance Director and, with

the restructuring of the group at the time,

several of the business units began re-

porting to him. As such, he oversaw the

development of numerous joint ventures

in landfreight and logistics, such as P&O

Grindrod, Röhlig-Grindrod, Auto Carri-

ers, 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 en-

suing 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 World-

wide Group 10 percent. Eventually, Grin-

drod 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 ba-

sis 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.

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 Tank-

ers (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.

7

Brendan McIlmurray retires


Brendan McIlmurray, Chief Executive Officer – Trading, retired recently.

Brendan grew up in England and achiev-

ed an LLB degree at the University of

London. After participating in a graduate

training scheme with Ford Motor Com-

pany, he emigrated to South Africa in

1966.

Brendan has more than 10 years mar-

keting 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 direc-

tor 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 cus-

tomers. 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 Grin-

drod’s Trading division which comprises

Oreport, Cockett Marine Oil, and Atlas

Trading & Shipping. The division trades

worldwide in dry and liquid bulk com-

modities, including agricultural prod-

ucts, 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.

In 2007, Brendan became a member

of the Grindrod executive committee.

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 do-

ing birdwatching worldwide, enjoying

Brendan and Narda McIlmurray.

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.

8


New ships coming into service at Unicorn

Unicorn Shipping sister ships mv Umgeni, Kei and Gouritz awaiting delivery from Sanfu Shipyard in China.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.

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 Ram-roop, Captain Des Naicker, Rennie Govender and Chief Engineer Brendan George.

9

New ships coming into service at IVS


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

IVS Orchard

The IVS Kinglet, a 33,000 metric ton dwt bulk carrier, was successfully named and launched in May 2011 by Jeffrey McLaughlan, Market-ing 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.

10


US$ 225 million dollars was invested in Ma-

puto 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. In-

vestment 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 Mozambi-

can 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 cor-

ridor.”

This was the good news communicated at

the First Maputo Port Conference hosted by

an ideal corridor for the export market. His Excellen-

cy’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 commod-

ities. 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 un-

dertaken by CFM, Grindrod and DP World was the

dredging project and this was successfully complet-

Maputo port in focus

The new shiploader at TCM.

The port of Maputo.

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 exten-

sion to its port concession to

2043, providing a timeline for the

implementation of a Port Master

Plan and for the sub-conces-

sionaires to undertake additional

investments.

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

Maputo: growth fl ows from investment in harbour

11

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 de-

velopment of Grindrod coal terminal (Terminal

de Carvão da Matola). Phase 3 of this devel-

opment, 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 ca-

pacity to 6 million tons per annum. The termi-

nal 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 plan-

ning 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 ar-

eas).

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 pre-

sentation 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 gear-

ing 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 Mo-

zambican government and working together with all

stakeholders to optimise trade through the port of

Maputo.”

12


Combining strengths for bulk liquid terminals

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 de-

velopment of liquid bulk terminals throughout

South Africa.

Grindrod, through its Shipping, Trading and

Freight Services Divisions, is focused on de-

livery within the bulk cargo supply chain and

fi rst entered the liquid-bulk-storage sector in

May 2007 when it acquired Tate & Lyle Mo-

lasses’ South African terminal operations in

Durban and Cape Town.

Oiltanking is one of the world’s leading inde-

pendent 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 me-

tres. Oiltanking therefore brings a wealth of

experience in the design, construction and manage-

ment of bulk liquid terminals.

Calulo Petrochemicals is the Grindrod group’s ex-

isting Black Economic Empowerment partner in a

number of ventures in South Africa and this transac-

tion 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 part-

ners in OTGC effectively combine to form a formi-

dable association with the necessary credentials to

capitalise on tank terminal development opportuni-

ties within South Africa.

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.

13


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.

King & Sons were recently re-appointed as

freight forwarding agents in South Africa for

the World Food Programme of the United Na-

tions.

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 ren-

dered by King & Sons for South Africa.”

Speaking about the renewal of this long-

standing relationship, Dan said, “I would like

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 ac-

cess to the site and have requested that they

test the site and provide feedback at work-

shops around the country.

The intranet site will provide a library of

information, which will include press clip-

pings, an image library, company logos, busi-

ness unit brochures, adverts, presentations,

policies and procedures to name just a few.

Group service departments such as Finance,

Internal Audit, HSE (Health, Safety & Environ-

ment) 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 as-

sist in developing various portals on the in-

tranet to ensure they are functional and add

value.

As communication is vital in any organisa-

tion, 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 situ-

ated around the globe, but we are determined to find

a solution to all challenges and ensure that the in-

tranet is available to every computer user within the

Grindrod fold.

Agents for UN, again

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 Bas-

tion 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 newcommunication platform

mv Africa Mercy leaving Durban.

14

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 discus-

sion 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

Tour promoted listed property

Grindrod Bank turns out in force for JP Morgan challenge

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 The-odorou, Shane Thompson (Capitau) and Berneen Field (Capitau). And front, Tash Cosa, Vuyo Majija, Nitasha Moodley, Ja-net Smith, Ruline Muller, Tamaryn Stiles and Shannon Field (Capitau).

Greg Rawlins, Ian Anderson and James Templeton.

Fund Manager Greg Rawlins presented some com-

pelling arguments on the benefits of investing in list-

ed 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.


On Thursday 3 March,

the Grindrod Bank Jo-

hannesburg 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 Corpo-

rate Challenge.

In a hotly contested

face-off between Ga-

reth 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 en-

thusiastic Johannesburg

participants for making 2011 our big-

gest 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 fes-

tivities at the hospitality site.

15

Grindrod Bank sponsors Pondo Pedal

One-hundred-and-twenty mountain-bike rid-

ers 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 three-

day event covered coastal roads, single-track

cattle paths, mangroves, beach and forest.

The Grindrod Bank team was represented

by David Polkinghorne (CEO), Kim Hertzberg-

er, 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 Grin-

drod Bank has undertaken, and was a per-

fect stage to unveil the niche type of business

which it runs.

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 beauti-

fully harmonised songs and enthusiastic war

cries.


Once again, Grindrod Bank volunteers from

across the country took up the call to bet-

ter local communities – and built a house in

Umgababa, just south of Durban, for the ben-

efit of Gogo and Baba Mthembu.

This year the theme was ‘youth’ – since it

followed Youth Day – and a number of ener-

getic Kearsney College boys lent some much-

needed muscle to the project.

The sweat that went into brick moving,

mortar mixing and brick laying was character-

building and developed some excellent team

spirit.

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.

Habitat for Humanity returns

Janet Lightbody, David Polkinghorne and Nicole Grinaker atop Sugar Loaf hill near Port St Johns.

David Polkinghorne and Janet Lightbody crossing the finish line.

16

Cockett oil-spill response accredited

The comprehensive oil-spill response arrange-

ments recently invested in as part of Cock-

ett 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 mar-

itime 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.

Cockett Marine Oil is providing regulated

fuelling for vessels from several agreed loca-

tions 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 ship-

ping lanes of the English Channel.

Cockett Marine Oil’s bunkers-only fuel op-

eration in the Thames Estuary has been de-

veloped 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 super-

vised by a port authority, in this case the Port

of London Authority (PLA).

One element of the comprehensive spill-

response arrangements has been to work

closely with inshore fishermen, each an ex-

pert 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, fund-

ing 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 ves-

sel passing through the Thames Estuary and

English Channel, as well as supply and ser-

vice vessels visiting other local marine-based

developments, such as wind farms, in the

event of an incident.

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 environ-

mental damage is to be commended. The


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 in-

cident. 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 supple-

ments the substantial and comprehensive ‘Tier 1’

response capability all of the Cockett-operated ves-

sels are also equipped with. The accreditation is a

vote of confidence in our diligent and pro-active ap-

proach 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 un-

controlled activity.

“Cockett Marine Oil’s bunkers-only service com-

plements our Thames River bunker service which we

have operated since 2009, a much needed and pre-

viously absent service.”

Spill-response equipment.

Example of oil-spill-boom response to a tanker leak.

Team in Walvis Bay ready for growth

17

A news update for the customers, suppliers and staff of Grindrod Limited

Grindrod Ships Agencies in Walvis Bay has

been focusing on its organisational structure

and training to ensure it has the skills to de-

liver on its promise to provide a full range of

services to everything from a passenger ves-

sel to a barge.

Grindrod also provides ships agency ser-

vices 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 for-

mer 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 equip-

ment 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 di-

versity of business will grow in the port.


Making a difference on ‘Mandela Day’

Project Build and eLAN Foundation co-ordinated teams of volunteers from various companies to give ‘67’ min-utes 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.

Part of the growing port of Walvis Bay, Namibia.

18


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 De-

velopment 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 dis-

posal 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 cus-

tomers are MOL and Maersk line.

Delivering bunkers in a ‘buster’

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.

Perishable Cargo Agents sold to Lonrho

19

A news update for the customers, suppliers and staff of Grindrod Limited


Inyala rode the storms ...

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.

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 (“Lon-

rho”), with the transfer of the business from

Grindrod to Lonrho currently in progress.

Grindrod PCA is a leading exporter of fruit,

vegetables and fish from southern Africa to

the global market and operates international-

standard 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.

David Lenigas, Lonrho Executive Chairman, com-

mented: “This is a good strategic acquisition for Lon-

rho, making us the largest distributor by air of fresh

produce from Southern Africa to the global market-

place in a sector we see as having strong growth

potential.”

Having limited exposure to the fresh-produce sector,

with Grindrod’s strategy being focused on the move-

ment of dry bulk, liquid bulk, containers and auto-

mobiles, 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.

Ston

Thomas Miller acknowledge Grindrod

20

Grindrod Logistics – Automotive (GLA), are

proud to announce that the company has

been awarded the ISO 9001:2008 system ac-

creditation 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 certi-

fication body).

Auto Carriers, as the business was previ-

ously known, was founded in 1954, and

became a wholly-owned subsidiary of Grin-

droad 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 man-

ager, “Service delivery is key in our business,

and we will strive to continue to deliver the

standard of service our customers deserve.”

Automotive accredited


Hugo Wynn-Williams presents Tim Mc-Clure (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’.

Hugo Wynn-Williams, the chairman of Thomas Miller, hands over a Nelson Mandela dish to Alan Olivier to commemo-rate Grindrod’s centenary. Thomas Miller celebrated their 125th anniversary last year.

Grindrod Travel news


21

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 ser-

vices to a large number of companies and

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 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.

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).

Supporting IVS’s NSRI Golf Day

Safety steps paying off at Richards Bay


22

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 – ongo-

ing

• Operational Excellence and Business

Process – Management

• Supervisory Competency – Team Leaders

• Accident and Incident Analysis – RCA

and RAP

“We believe that we need to focus on train-

ing our employees to achieve operational ex-

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.

cellence,” said Ashie Brambha. We want to be the

service provider of choice to Transnet Ports and Ter-

minals.

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 suc-

cess.”

Under the leadership of Dave Roberts (divisional

general manager) the management team is commit-

ted to the safety of employees, protecting and main-

taining the Grindrod brand, excellent service delivery

and continuously introducing initiatives to improve

our operations.

The team at Grindrod Termi-

nals 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 Sam Mbokazi in recognition of his contribution to a safer environment.

Anne-Thea Dippenaar hands a jacket to Willem Williamson in recognition of his contribution to a safer working environment.

Ablution blocksponsored

Emphasis on training at Car Terminal

2011 Comrades day


23

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 pres-

ent and past employees, family and friends,

St Mary’s girls and our Chairman, Ivan Clark,

who never misses this day.

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 deliv-

ered by truck in the early hours of race day,

and then returned on the Monday after the

race.

As usual the Grindrod site was lively and

colourful with banners, balloons and a DJ

pumping up the vibe; our braai master fuelled up the

enthusiasm of our volunteers with delicious ham-

burgers 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 for-

ward to having the same enthusiasm and success

next year on Sunday 3 June.

The 80 volunteers at the Grindrod stand were kept busy as thousands of runners raced by.

Now you can report unethical behaviour ... anonymously


MAKING WAVES is produced by Grindrod Limited 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.

Par

tner

s in

Pub

lishi

ng

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.

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 Tip-

offs 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.

Benefi tsand acknowledgments

All the reports received have all been inves-tigated 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.

Do the right thing,report it:

FreeCall 0800 213 118 E-mail [email protected] FreeFax 0800 00 77 88 FreePost KZN 138, Umhlanga Rocks, 4320Website www.tip-offs.com SMS 32840

Documents

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