Odfjell nr 3 - 2006.indd

Odfjell Makana
Odfjell enters into new South African partnership
By Knut H. Holsen and Mel Pinks
Odfjell has been a part of South
African bulk liquids trade for a long time.
Servicing the ports of Durban, Richards
Bay, Cape Town, Port Elizabeth and
Mossel Bay, importing various chemicals
and oils and exporting mainly phosphoric
acid and Sasol products, we have
witnessed the remarkable development
of this nation.
As part of our business development,
and in line with the country’s political
ambitions, Odfjell has entered into a
partnership with Makana Investments.
Makana is a company already established
in the shipping industry through
its clearing and forwarding functions
and with an ambition to grow within
the maritime industry as a whole.
The partnership company, Odfjell
Makana SA, is majority owned by
Makana Investments and is fully supportive
of the development
of the previously
disadvantaged South
African community
within this specific
sector. Further, the
company will strive to
achieve realisation of
the goals set out within
the South African Black
Economic Empowerment
(BEE) Maritime Charter.
The venture will focus on activities
and services related to
chemical shipping, and pursue
opportunities and synergies in
the increasing South African trade.
A contract with a major client in South
Africa supports the development of
our joint venture, where specific goals
for increased local participation in this
region may be addressed.
Makana representatives visiting Bergen. From left: Jan Hammer, Terje Storeng, Sfiso Buthulezi (Makana), Mel Pinks,
Peter-Paul Ngwenya (Makana), Morten Nystad and Knut Holsen
16 ODFJELL Quarterly September 2006