Mission The group’s main strategic objectives, reviewed annually by the executive committee and endorsed by the Grindrod Limited board, are as follows: Shipping Services • Ensure a solid platform of earnings and a low level of risk by fixing out a portion of the group’s fleet. • Achieve favourable spot earnings on ships operated in specialised sectors. • Look for restocking opportunities in lower shipping markets. • Where appropriate sell ships at favourable prices to lock in value. Trading, Freight and Financial Services • Non-shipping activities to provide one-third of the group’s income. • Expand bulk product trading to new markets. • Continue the expansion of landfreight logistics through ports, terminals, road, rail and logistical services. • Grow the group’s banking operation. Shipping Services • To be a world respected shipping company operating from a predominantly international base. Trading, Freight and Financial Services • To be a leading bulk product trader operating from a local and international base. • To be the largest and first choice Southern African land, sea, air and rail logistics service provider by operating from an empowered South African base. • To be a leading provider of financial services through an empowered bank. Strategic Objectives