SA shipbuilding industry has potential to chart new waters and cause economic waves

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Transnet christens two new locally built launch boats at Durban shipbuilding yard

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Sandock Austral Shipyard CEO Prasheen Maharaj; KZN MEC for Economic Development, Tourism, and Environmental Affairs, Musa Zondi; Launch Boats Lady Sponsor TNPA Acting Port Manager for Cape Town Ophelia Shabane, and eThekwini Municipality EXCO Member and Chairperson of Economic Development, Tourism, and Environmental Affairs, Cllr Thembubuhle Ntuli.

The project created about 70 direct jobs and 40 indirect jobs through SAS contractors and supported the practical training of 20 apprentices. “This enhanced resilience is particularly crucial in times of global disruptions, as we have witnessed in recent years. By cultivating a strong local supplier base, we not only mitigate risks but also create opportunities for small and medium-sized enterprises to thrive, further bolstering our economy — especially BEE companies.”

“The intention behind the partnership is to bring European design and manufacturing technology, driven by artificial intelligence that will substantially increase South Africa’s productivity and efficiency,” he said. CSOVs are vessels that maintain offshore wind farms, the demand for which is expected to grow as the world moves towards renewable energy sources.

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