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/

Company Makes Waves Through Acquiring the First South African Owned Chemical Tanker Vessel

Bow Cecil Quayside

Mnambithi Group, through its subsidiary Nduna Maritime, has acquired the first 100% South African owned and 100% black-owned chemical tanker vessel, named Bow Cecil. The maritime vessel is the first chemical tanker to be acquired by a South African company and will soon be flagged locally.

The 37 000 dwt vessel, equipped with 47 tanks was acquired from Odfjell Chemical Tankers AS. The Bow Cecil called on the Port of Durban on 01 August 2019 for its inaugural load that is currently destined for...

http://www.sashippingnews.com/2019/08/29/company-makes-waves-through-acquiring-the-first-south-african-owned-chemical-tanker-vessel/

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