Page 14 - DMEA Week 42 2021
P. 14

DMEA                                   TERMINALS & SHIPPING                                            DMEA


       South Africa’s Transnet probes




       devastating fires at its ports




        AFRICA           A probe is underway to determine if fires at two  to declare a force this year after a cyberattack in
                         major South African ports could have been the  July also disrupted operations across the entire
                         work of saboteurs. South Africa’s monopoly port  company and at key ports. This caused damage
                         operator Transnet said it had established a com-  to Transnet’s equipment and information, which
                         mission of investigation and vowed to punish  affected South Africa’s supply chains.
                         any “negligence.”                      Transnet said if any of the incidents were
                           The two fires, at the Richards Bay and Dur-  found to be due to operational negligence
                         ban ports, caused disruptions in operations for  on the part of an employee, “further action”
                         the state-owned logistics company and forced  would be taken. In the statement Transnet said
                         the company to declare a force majeure. It said  the Richards Bay fires had been contained and
                         in a statement it was engaging with its affected  extinguished and it was working to minimise
                         customers and is in the process of putting the  disruptions, with operations partially back on
                         necessary contingencies in place.    track.
                           “The cause of the fire is still unknown and   “In Richards Bay, significant progress has
                         a preliminary investigation is currently under-  been made in restoring operations. Five of the
                         way. Expert assessors and investigators are onsite  seven conveyor belts have been fully restored
                         establishing the extent of the damage,” Transnet  and are back in operation,” Transnet said in a
                         said.                                statement. The ports and freight-rail company
                           Transnet’s port of Richards Bay, South Africa’s  said it had deployed manual handling to make
                         premier bulk cargo port, has experienced three  up for the remaining belts, in a bid to ensure con-
                         fires on its conveyor belts in the last three weeks.  tinuity of operations.
                         But the latest fire, on Wednesday 13 October, was   At Maydon Wharf Precinct, which has two
                         so extensive that Transnet had to declare a force  conveyor belts for handling grain and wood
                         majeure at the Richards Bay Bulk Terminal. The  chips, the fire occurred on the grain conveyor
                         company described the fire as enormous.  belt after it had completed loading a grain vessel.
                           Another fire broke out at Durban’s Grain   “The terminal is working around the clock to
                         Export Terminal at the Maydon Wharf precinct  ensure that the belt is restored and back in oper-
                         as well that Transnet has had to deal with.   ation by the time the next grain vessel arrives at
                           This is also the second time Transnet has had  the Port on 26 October 2021,” Transnet said.™


       Exxon considers scrapping Rovuma LNG





        AFRICA           FOLLOWING a reshuffle on its board of direc-  the company’s ability to uphold pledges to reduce
                         tors, ExxonMobil is debating whether to con-  emissions, the newspaper said.
                         tinue with several major oil and gas projects,   Rovuma LNG is already facing a number of
                         including the $30bn Rovuma LNG initiative in  obstacles. ExxonMobil said last year that it had
                         Mozambique, the Wall Street Journal reported  decided to delay a final investment decision
                         on October 20.                       (FID) on the project, citing concerns about
                           The US-based super-major’s board now  low global energy prices and the impact of
                         includes three members nominated by an activ-  the coronavirus (COVID-19) pandemic. It is
                         ist stakeholder that has pushed for restricting  not expected to take this step until 2022 at the
                         investment in fossil fuels in order to limit carbon  earliest.
                         emissions and return more cash to shareholders.   Moreover, the US giant could delay further
                         The stakeholder in question is Engine No. 1, an  (or abandon the $30bn plan altogether) if secu-
                         activist investment fund formed earlier this year.  rity problems in Cabo Delgado, Mozambique’s
                           Discussions on the Rovuma LNG project are  northernmost, intensify or persist. TotalEner-
                         taking place within the framework of a review  gies (France) suspended its own $20bn Mozam-
                         of ExxonMobil’s five-year spending plan. The  bique LNG project earlier this year after a wave
                         company’s board is slated to vote on the plan at  of attacks by Ahlu Sunnah Wa-Jamo (ASWJ), an
                         the end of October.                  Islamist militant group, near the site where it has
                           The review is also targeting another multi-bil-  begun construction on a gas liquefaction plant.
                         lion-dollar gas project in Vietnam, according to  And like TotalEnergies, ExxonMobil has said it
                         WSJ’s sources. ExxonMobil is working to deter-  will build an onshore processing facility in Cabo
                         mine how much carbon each project is expected  Delgado to process gas from its offshore licence
                         to emit and how these projections might affect  area.™

       P14                                      www. NEWSBASE .com                        Week 42   21•October•2021
   9   10   11   12   13   14   15   16   17   18   19