container world
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Marketing Brochure for Container World: Container WorldTRANSCRIPT
F E A T U R E
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ContainerWorldContainerWorld
ContainerWorldContainer World is already the leading name in Africa's container industry. But as the oil and gas market throughout the continent continues to expand, the company is set to enjoy even more rapid growth.
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Established in 1983,Container World
has proved itself as a dependable
and flexible firm specializing in the
sale, rental and conversions of new and
pre-owned marine containers. With a
turnover of more than 400 million rand,
this has placed it at the forefront of a
sector that remains a crucial part of the
continent's shipping industry.
Unsurprisingly, this has taken the company
far away from its roots in South Africa.
Operating across the east and south,
Pascal Vidal, the head of its oil and gas-
focused offshore division, says that
Container World is now “doing a lot of
business on the west coast as well”.
“Of course,” he continues, “we are very well
known in South Africa – we have been
around for 31 years now. And we have a
very good reputation across Southern
Africa as a whole.”
The formula for this, he adds, is
simple.“It's down to being active for over
three decades, providing quality equipment
and keeping our word. That's good
enough. We're always improving our
services too.”
A key part of these offerings are containers built
specifically for offshore oil rigs. Along with the standard
shipping and supply ship units, Container World also
offers accommodation, offices and workshops, along
with boat-shaped floating skips for the lifting and
transportation of non-hazardous waste to and from
offshore platforms.
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Branching out
This has led to opportunities in some of
Africa's key oil and gas producers. The firm
is currently close to beginning operations
through a project in Angola that Vidal
describes as “more than a joint venture”.
“The company has been created and is
already registered,” he continues.“One of
our directors has been named on the board
and we will be fully operational early next
year. We're just completing the
administrative tasks now, such as bank
accounts and finalising the investment.
We're required to put money in the country
but it's only a million dollars.”
“The company will not be called Container
World but will provide the same type of
services – the sale and conversions of
containers, pre-fabricated containers and
offshore equipment. All the support will be
coming from South Africa.”
This seems like a wise decision. Angola is
Africa's second largest oil producer, having
recently been overtaken by Nigeria. Yet the
two countries have been vying for the title
for some time now and while Nigeria is
facing numerous challenges in the form of
instability, oil theft and an uncertain
environment for investors due to the long-
delayed Petroleum Industry Bill, Angola's
It's down to being active for over three decades, providing quality equipment and keeping our word. That's good enough. We're always improving our services too.
“
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output is rising fast.
“Angola has a lot of potential, especially
with the new pre-salt discoveries in the
South, says Vidal.“They are on track to
double production over the next five years.
“We've been in the Angolan market for
more than 12 years now,” he adds.“It's a
neighbouring country, but it can be very
difficult to collect payment from
customers. When we are there, our clients
can pay in their local currency, the Kwanza.
But with us being investors our dividends
will be very easy to expatriate back to
South Africa.”
Angola has a lot of potential, especially with the new pre-saltdiscoveries in the South. They are on track to double production over the next five years.”
“
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Opportunities
Moving forward, there are even more
opportunities on the horizon too. “In the
future, we're looking to work in
Madagascar,” Vidal says.“That may start
quite soon. Also, there's a major new
development that will be a focus for us in
Uganda. Even though it is inland, the
activity on Lake Albert means that
containers are still required.”
Huge reserves of oil were discovered in the
Albertine basin in 2006, and the bulk of
commercial production in the country is
now expected to begin in 2017, once a new
export pipeline and refinery are built.
At the same time, Vidal states that the
company will soon be very active in Chad –
another country that it is pushing forward
its nascent oil sector. This could see it
double output to 260,000 bpd by 2016 – a
figure that could have a significant impact
on one of the poorest nations in the world.
“We're looking to a new project in Senegal
too, which will become an oil producer
within three to four years,” he adds.“There's 5
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Pascal Vidal
Miguel dos Santos
Goretti Teixeira
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Mauritania too, and all the time we'll carry on
servicing our existing markets as we do.”
This, he admits, will not be without its
challenges. “We know that as this activity
increases, so does the competition. For us we
don't see it as a fight, it mean us adapting our
approach, knowing that there won't just be two
or three companies on the market, but six or
seven. Our method may be slightly different,
but that won't affect product quality.”
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8
101 Musgrave Park
18 Musgrave Road
Durban, 4001
E-mail: [email protected]
P O Box 50502
Musgrave Road
4062
+27 31-201 2226Tel:
+27 31-202 3904Fax:
+27 31-202 1648A/c Fax:
Other Offices at:
www.containerworld.co.za
Container World Durban Head Office
Contact Details
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