Transnet National Ports Authority (TNPA) in South Africa has selected five companies as preferred bidders for the development of liquid bulk and green fuel terminals in the Port of Richards Bay's South Dunes Precinct for a 25-year concession period. The R17 billion project is essential for expanding the port's liquid bulk handling capacity while advancing the country's energy transition. The five successful preferred bidders will undertake funding, design, development, construction, operation, maintenance, and transfer of the liquid bulk terminals. These terminals will handle various petrochemical products critical for the economy, including hydrogen, biofuel, and other products. The development is part of TNPA's strategy to attract private sector investment, modernize terminal infrastructure, and ensure long-term sustainability. By enhancing the port's terminal capacity, the project aims to drive economic growth, create job opportunities, and allow new participants to engage in terminal operations. This investment is seen as a significant milestone in strengthening the Port of Richards Bay's position as a premier liquid bulk and green fuel hub, contributing to South Africa's energy security objectives.