I am satisfied with the progress of most land-based operations. Some were obviously expected to take a long time to produce profits. |
It's not a threat to any South African ports. Our ports are already quite busy. |
The shipping markets are low and margins are narrow. That means we have to be cautious. The prices of ships are now high while charter rates are low. |
The strategy is still the same. We are going to buy up where the business is doing well. |