Durban Pier 2 development 'delayed by misdirection'

The port of Durban (Photo: Tom Westcott)

Durban’s Pier 2, South Africa’s main container gateway, continues to be regularly beset by severe congestion and low port productivity levels. This depressing trend was due to be reversed by last year’s award of a 25-year operating licence to Filipino port operator ICTSI by South Africa’s ports owner Transnet, on the condition of a substantial investment in the facility.

However, a legal challenge against the award by Maersk subsidiary APM Terminals, over the way ICTSI calculated its solvency ratio, upheld by ...