SA being held to ransom, says ICTSI as it heads to court
Preferred port bidder slams Maersk
12 November 2024 - 11:04
UPDATED 12 November 2024 - 23:00
Philippines-based International Container Terminal Services Incorporated (ICTSI), selected by Transnet as the preferred bidder for the management of Durban Pier 2 Terminal (DCT2), is taking the decision to halt the deal between it and the freight and rail group on review.
The company said on Tuesday that it would explore all legal options available to ensure losing bidder, Maersk, does not “hold people of SA to ransom”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.