Grindrod

Grindrod is a South African freight services and financial services group with operations across sub-Saharan Africa and internationally. The company is headquartered in Durban, South Africa, and is listed on the JSE Securities Exchange. Grindrod operates through several divisions, including port and terminals, shipping, logistics and financial services, providing integrated supply-chain solutions for bulk commodities, containers and breakbulk cargo. The group owns and operates port terminals, dry bulk shipping vessels, rail and road freight services, and cargo-handling facilities in multiple African countries. Grindrod has a significant presence in Mozambique, where it holds interests in port terminal concessions including the Port of Maputo through the Maputo Port Development Company joint venture. The company also provides banking and financial services through Grindrod Bank, which focuses on trade and commodity finance. Grindrod's shipping division operates a fleet of dry bulk carriers and tankers serving global trade routes. The group has undergone strategic restructuring in recent years, divesting non-core assets to focus on its freight logistics and financial services businesses. Grindrod was founded in 1910 as a shipping agency and has evolved into a diversified freight and logistics group with a strong footprint in African port and rail infrastructure.