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Transnet tests appetite of private port operators to partner with it at underperforming Durban and Ngqura container terminals

State-owned freight logistics utility Transnet has initiated a process through which it aims to test whether international port terminal operators have the appetite to partner with it to improve the functioning of two underperforming container terminals at the ports of Durban and Ngqura respectively. Public Enterprises Minister Pravin Gordhan announced on Monday that a request for information (RFI) would be released for the Durban Container Terminal (DCT) Pier 2 operation, as well as the Ngqura Container Terminal (NCT) as part of a broader process of port reform that includes securing new private funding and expertise. ....

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Port of Durban to be repositioned as a hub for the continent


MONEYWEB
app instead?
A much-needed and implementable plan.
By Moshe Motlohi
30 Apr 2021 
11:00 
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The Port of Durban, SA’s busiest container port, is in line for major investment. Image: Supplied
The recent blockage of the Suez Canal by a major vessel presented a significant moment for South African trade.
The blockage, which saw some of the world’s largest shipping container companies redirect their vessels to the route around South Africa, disrupted trade activity and global supply chains for nearly a week, costing more than an estimated $9 billion (R128 billion) per day according to the World Trade Organisation. ....

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