Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Transnet’s 700 Million Rand Cranes Boost Durban Port Capacity

Transnet SOC Ltd. today unveiled seven tandem-lift cranes that will almost double handling speed at the port of Durban on South Africa’s east coast.

The cranes, which cost 700 million rand ($77 million), were supplied by Shanghai Zhenhua Heavy Industries Co. Durban is the first port in the Southern Hemisphere to use the cranes, which will increase the speed to 33 gross crane moves per hour from 18, Transnet Chief Executive Officer Brian Molefe told reporters today.

The equipment is part of the government’s 300 billion rand infrastructure program and a further 39 ship-to-shore cranes are planned for the country’s seven other ports.

Durban is South Africa’s busiest port handling almost 63% of the country’s container traffic, or 3.6 million twenty-foot containers, or TEUs, a year.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.