Take a look: On-board South Africa’s first chemical tanker ship, the R400 million Bow Cecil
- Meet Bow Cecil - South Africa’s first chemical tanker.
- The R400 million vessel can carry 37,000 deadweight tons of cargo and is equipped with 47 tanks.
- Sasol and Nduna Maritime entered into an enterprise and supplier development (ESD) funding agreement on the ship, making it the first locally-owned chemical tanker ship.
- For more stories go to www.BusinessInsider.co.za.
Meet Bow Cecil - South Africa’s first locally-owned chemical tanker ship. Its mission: to explore international harbours; to transport chemicals to markets; and to boldly go where no ship of its kind flying a South African flag has gone before.
For the ships owners, Sasol and Nduna Maritime, it's a R400 million investment by way of an enterprise and supplier development (ESD) deal made possible through the Sasol Siyakha Trust, which makes investment on behalf of Sasol.
The companies want to stimulate South Africa’s blue economy by directing some of the R1.8 billion Sasol spends every year on shipping goods from South Africa to global markets to local businesses.
“As a global producer of a number of chemical products, we supply numerous markets around the world with products made in South Africa. Through Nduna Maritime, we are extending our value chain participation through a wholly owned South African business,” said Vuyo Kahla, executive vice president of advisory, assurance and supply chain at Sasol Limited.
It called on the Port of Durban on 1 August for its inaugural load destined for markets in Asia, reported South Africa Shipping News.
Nduna Maritime is a subsidiary of the Mnambithi Group, which is involved in bulk liquid shipping, terminal operation in Durban, and coal mining.
Along with exporting goods to Asia, the vessel would also handle inbound shipments of vegetable oils, caustic soda, phosphoric acid, and other chemical products for companies such as Omnia, PetroSA, and Sappi, Vusi Mazibuko, Mnambithi group executive chairman, said on the company's website.
“We are excited about the acquisition and have long term plans to own and operate our own tankers. We also have plans to expand our fleet in both liquid bulk and dry bulk vessels which will see us further deepen South African ownership of the maritime industry,” said Mazibuko.
Here's what it looks like on-board:
Also from Business Insider South Africa:
- E-tolls was supposed to be solved a month ago – but ‘Mr Fix” has just moved the deadline again
- Huawei probably won’t bring its latest flagship phone to SA, and it is all Donald Trump’s fault
- You can now make a phone call from your smartwatch in SA on both Vodacom and MTN – on one specific watch
- Here’s how a Mpumalanga municipality ended up with an electricity pole in the middle of a road
- A new iPhone feature lets you make emojis of yourself for WhatsApp– so we made Cyril Ramaphosa, Tito Mboweni, Patricia de Lille, and Julius Malema
- You no longer 'always win at Game' – there's a new slogan around, plus launch specials