Business profile

as at 31 December 2017

Freight Services

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Port and Terminals


Port concession

24.7% Maputo Port Development Company (MPDC)


Auto terminal

70% Grindrod Maputo Car Terminal (MCTL)

Dry-bulk terminals

65% Terminal de Carvão da Matola (TCM)
100% Grindrod Mozambique Limitada (GML)
100% Grindrod Terminals, Richards Bay
59.7% RBT Grindrod, Richards Bay
75% Port of Walvis Bay, Namibia

Liquid-bulk terminals

30.5% OTGC Holdings


100% Bay Stevedores, Richards Bay
49% Grindrod Namibia Stevedoring, Walvis Bay


Integrated logistics

Container logistics

100% Grindrod Intermodal

Auto road transportation

100% Grindrod Logistics Automotive

Fuel road transportation

100% Grindrod Fuelogic
100% Petrologistics (Botswana)
70% Grindrod Fuelogic Mozambique


Main-line operations

74% NLPI Group

Ships agency and clearing and forwarding

Clearing and forwarding

42.5% Röhlig-Grindrod

Ships agency services

100% Sturrock Grindrod Maritime (SGM)


100% Ocean Africa Container Lines (OACL)

Marine Fuel and Agricultural Logistics

Marine fuel

50% Cockett Marine Oil

Agricultural logistics

20.4% Senwes
20.7% NWK

Financial Services

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96.5% Grindrod Bank

Private equity and asset management

96.5% GFS Holdings Proprietary Limited
Discontinued operations

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Shipping *

Dry-bulk shipping

100% Island View Shipping (IVS)

Liquid-bulk shipping

100% Unicorn Shipping

Ship operating

100% Unicorn Tankers (SA Coast)
100% Unicorn Bunker Services
100% Parcel Services
65% Island Bulk Carriers


Shunting, siding management and cargo management

100% Grindrod Corridor Management
100% Grindrod Rail Operations

Locomotive design, engineering manufacturing, leasing and maintenance

100% Grindrod Locomotives
55% GPR Leasing Africa
55% GPR Leasing South Africa
100% RRL Grindrod
100% RRL Grindrod SL2
* discontinued operation due to Spin-off.

Geographic representation