International Container Terminal Services Inc. (ICTSI) said it was picked to operate and develop the Durban Container Terminal Pier 2 (DCT2) at the Port of Durban, South Africa.
Transnet SOC Ltd, a South African state-owned company that owns South Africa’s railway, ports and pipelines infrastructure, declared ICTSI as the preferred bidder for the 25-year joint venture with Transnet Port Terminals to operate and further develop the terminal.
“DCT Pier 2 is Transnet’s biggest container terminal, handling 72 percent of the Port of Durban’s throughput and 46 percent of South Africa’s port traffic. The terminal has 1,760 meters of operational quay length and 120 hectare of container storage and backup area,” ICTSI said.
ICTSI said the final award of the concession “is subject to completion of legal agreements between Transnet and ICTSI.”
The port will complement ICTSI’s four African operations – the Onne Multipurpose Terminal in Nigeria, the Kribi Multipurpose Terminal in Cameroon, the Matadi Gateway Terminal in the Democratic Republic of Congo, and the Madagascar International Container Terminal Services in Madagascar.