Transnet names Grindrod preferred bidder to develop Richards Bay box terminal
The process of privatising South Africa’s container ports took another step forward this week when ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Kenya’s major East African container gateway is currently undergoing a bidding process to select a terminal operator for its second box facility. The expansion project has largely been funded out of Japan’s international aid budget and the sponsor appears unhappy at the chaotic way the tender is being managed, with accusations of vested interests and corruption flying around Kenyan shipping circles. They largely centre over last-minute changes to the tender by the country’s treasury. This a long and detailed story from local paper The Star which illustrates some of the problems in the concession of container terminals in developing countries.
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