Sasol Invests in First South African-Owned Chemical Tanker

Bow Cecil

Nduna Maritime and Sasol have entered into a R400 million enterprise and supplier development (ESD) funding agreement through the Sasol Siyakha Trust, in South Africa’s first locally-owned maritime vessel. This is Sasol Siyakha’s single largest funding agreement to date.

The specialised chemical tanker, named Bow Cecil, is the very first Republic of South Africa flagged vessel that will transport chemicals to international markets registered to carry the South African flag.

“We are particularly...

http://www.sashippingnews.com/2019/10/09/sasol-invests-in-first-south-african-owned-chemical-tanker/

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