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Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
16200 Central Green Blvd
GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
Group Vice President, Asia Pacific & Indian Subcontinent
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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06 Oct 2022 / South Africa
Transnet Port Terminals has declared a Force Majeure following the strike action announced by the SATAWU and UNTU unions, expected to start today (6 October).
The strike has been declared against the offered wage increases by Transnet SOC Ltd for the new financial year as well as the fact that no wage increases were approved for the current financial year. This comes after extensive and protracted negotiations with the unions based on Transnet’s current and forecasted financial position.
An “Event of Force Majeure" means an event beyond the control of TPT and the customer, which prevents a party from complying with any of its obligations under any contract, including but not limited to riot, commotion, strikes, go slows, lock outs or disorder.
At this time, Transnet anticipates that portions of its operations will be scaled down. However, and to the extent possible, contingency plans will be invoked and external stand-in/temporary resources will be sourced to ensure that the operations continue across the various terminals. Should the strike extend beyond the anticipated period of one week, Transnet will assess the impact of the strike on its operations and the Force Majeure event declaration.
For further details and updates, as well as information about operations in South Africa, contact GAC South Africa at [email protected]