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TPT to continue to invest in Durban Pier 2 while legal spat over private partner plays out

By:  
Creamer Media Editor
 
PORTS
South Africa’s Transnet Port Terminals (TPT) says it will continue to invest in Durban Container Terminal (DCT) Pier 2 while legal proceedings around its selection of International Container Terminal Services (ICTSI), of the Philippines, for a 25-year partnership at what is South Africa’s largest container terminal. Rival bidder AP Moller–Maersk, of Denmark, is contesting Transnet selection of ICTSI, which was made in July last year, calling the award unlawful and invalid.
 
 
 
 
 

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