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About Grindrod Limited
Today, a
world class shipping & freight logistics operation
Vision:
To achieve “blue chip” status as a
transportation group through sustained earnings growth from
separately listed international shipping operation and South African
based Trading, Freight and Financial Services businesses.
Mission:
To provide a worldwide range of high
quality shipping services through ownership, charter, pooling and
operation of a diversified fleet of modern ships.
To be the first choice provider of a
broad range of Trading, Freight and Financial services from a
predominately Southern African base
A few
Grindrod facts:
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1.
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Grindrod is listed on the JSE Securities Exchange South Africa
where its shares are quoted in the Transport sector.
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2.
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The group’s head office is in Durban and it maintains a strong
operating presence at each of South Africa’s major ports as
well as in Johannesburg, Mozambique, Angola, and Namibia.
Grindrod also has offices in London, Spain and Singapore and
Dubai.
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3.
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Grindrod Limited employs 5000 skilled and dedicated people and
controls assets in excess of R7 billion, generating annual
revenue of over R12 billion ands an annual profit exceeding
R1 billion.
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The Group has grown in size and
stature, modernized its operations and adopted an entrepreneurial
decision making approach. International and local partners have been
introduced, including black empowerment initiatives.
Shipping
The purchase of Island View Shipping
in 1999 gave the group a major dry bulk business, adding a
significant new facet to the Group’s shipping services – Capesize
and Panamax vessels were now on charter to compliment traditional
business in the Handy size market.
IVS is currently South Africa’s most
prominent bulk ship owner and operator, and continues to take
delivery of ships contracted in the past at favourable rates.
Unicorn Shipping is South Africa’s
largest and oldest national ship owner with roots dating back to the
1860’s.
In addition to owning ships, Unicorn
operates mainly in the chemical and product tanker markets and has a
number of newbuildings on order at favourable prices.
The group’s shipping services boast
large, modern fleets, sound expertise, good customer bases and firm
partnership relationships.
Freight Services
Grindrod’s Freight Management
operations encompass a major share of the local ships agency
business, sea freight logistics and land freight logistics.
Grindrod’s Ships Agency is a leading
player in its field offering many worldwide ship operators a broad
spectrum of services in South Africa, Namibia, Mozambique, Malawi,
Zimbabwe, Botswana and Swaziland.
The Seafreight Logistics business,
Ocean Africa Container Lines, in partnership with Safmarine,
operated a feeder service around the Southern African coast.
The landbased operations are focused
on terminals, intermodal solutions, rail, port operations and all
facets of traditional logistics, i.e. international freight
forwarding, contract logistics and specialized industry-solutions
(automotive, projects, furniture, perishables).
A vast network of influence and
strategic relationships ensures Grindrod’s unmistakable high
standard of excellence in freight services.
A combination of highly specialist
freight skills, many joint ventures with prominent suppliers
(including successful BEE ventures) and a wide net of services and
locations translate into a leading edge for Grindrod in executing
the most complex of freight services.
Bulk Product Trading
The Bulk Product Trading division
trades in the following commodities: agricultural, industrial raw
materials, marine fuels and lubricants.
Financial
The group’s vision is to grow
Grindrod Bank (previously Marriott Corporate Property Bank) into a
substantial South African empowered bank.
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