Mnambithi Group subsidiary Nduna Maritime entered into enterprise and supplier development agreement with chemicals and energy company Sasol, to invest in South Africa’s first locally-owned maritime vessel.
Details are provided below:
- Sasol Siyakha’s investment helps the specialised chemical tanker, named Bow Cecil, the very first Republic of South Africa flagged vessel to transport chemicals to international markets
- Nduna Maritime offers shipping of chemicals and any liquid bulk cargo
- “We are particularly proud of this landmark agreement, as it is a significant investment into localising and diversifying our supply chain. 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: Advisory, Assurance and Supply Chain, Sasol Limited.