Hazardous oil storage tanks and manganese ore dumps are to be removed from Port Elizabeth, South Africa, by 2016/17.
Operator Transnet is considering two alternatives for the site. One would be for part of the site of the manganese terminal, its surrounding dumps, and the tank farm to be converted into an expanded car export and import terminal.
The other part would be to become a waterfront development.
The existing leases on oil tanks with various oil companies ran out in 2014 and Transnet will not renew these, the company says.
The site would then have to be rehabilitated, with that cost covered by the oil companies.
Discussions were now under way about establishing a new tank farm in the Ngqura-Coega industrial development zone.
The final decision would depend on negotiations with several parties, including PetroSA.