Transnet teams up with ICTSI to upgrade Durban Terminal

According to Reuters, South Africa’s state logistics group Transnet has signed a 25-year concession agreement with Philippines-based terminal operator ICTSI to upgrade Durban’s main container terminal. The deal is part of the government’s plan to address Transnet’s long-standing underperformance, which has hindered exports from Africa’s largest economy. ICTSI will take over operations at Durban Container […]

The post Transnet teams up with ICTSI to upgrade Durban Terminal appeared first on Container News.