- Business
- Grindrod Limited is an integrated freight and logistics company founded in 1910 and headquartered in Durban, South Africa. The company provides port and terminal services including dry bulk terminal operations, multi-purpose terminals, container handling, warehousing, cargo loading and offloading, and the sale and leasing of shipping containers; logistics solutions encompassing intermodal transport via road, rail, sea and air, cross-border and project logistics, clearing and forwarding, container depots, bonded and non-bonded warehousing, container packing and unpacking, and multimodal freight transportation; marine services such as ships agency, husbandry, protective agency, marine technical and engineering services, supply of marine fuels and lubricants, calibration, fire safety equipment servicing, survival equipment maintenance, and turnkey engineering solutions for maritime, offshore, oil and gas, mining, and manufacturing sectors; and ancillary offerings including travel agency services and investments in private equity and property. Grindrod operates across 21 countries in Africa, the Middle East, Europe, Asia Pacific, Australia, and the Americas, serving industries such as mining, agriculture, commodities trading, and maritime with a workforce of approximately 4,000 employees. Recent developments include the completion of the R1.4 billion acquisition of the remaining 35% stake in Terminal de Carvão da Matola (TCM) in Maputo, Mozambique in the first half of 2025, granting full ownership of this dry bulk terminal with over 7 million tons annual capacity for coal and magnetite; the signing of a concession agreement with Transnet National Ports Authority and Eyamakhosi Resources in May 2025 to build and operate a new container terminal in Richards Bay, South Africa; the extension of the Maputo Port Development Company concession to 2058; and divestments of non-core assets including the KwaZulu-Natal North Coast property portfolio and the 50% stake in the Cockett Group marine fuels business, raising R500 million to fund strategic growth.