MARINE: Smit Amandla Secures R300m Contract
Recent Western Cape Business News
Cape Town-based black empowered marine services provider SMIT Amandla Marine has finalised a 3 year contract with Vale in Mozambique for specialised marine services out of the Port of Beira, with 2 x 1 year exercisable options.
The significant contract consists of the provision and maintenance of an offshore mooring buoy for the coal transhipment operation, two vessels (a newbuild 2000 BHP General Purpose Tug/Workboat and a 3000 BHP Offshore Support Workboat), and the technical and contractual management of this key marine logistics export activity, representing a total asset investment of some ZAR 60 million. Preparatory work is underway in anticipation of export activities planned for commencement in June 2012.
Mozambique is set to become a major exporter of coking coal in the region, with Vale holding two significant coal mining concessions. The company is the second biggest mining house in the world and is headquartered in Brazil.
SMIT Amandla Marine will employ 40 South Africans for the operation, and will work closely with both Vale and the Mozambique government on skills transfer as well as training and development for Mozambique nationals, an important contractual performance area.
The contract is an excellent example of South African expertise and specialised maritime skills being exported to Southern African countries to support capacity building and skills development in the region, the company says.
Business News Sector Tags:
Fax 2 Email
Study IT Online
Work from Home