Durban Pier 2 development 'delayed by misdirection'
Durban’s Pier 2, South Africa’s main container gateway, continues to be regularly beset by severe ...
“Enrique Razon doesn’t gamble and says he feels more comfortable operating a port crane than he does glad-handing a crowd of high-rollers,” Bloomberg wrote in November 2013.
Mr Razon, worth an estimated at $4.7bn, according to Forbes, may not be into gambling; nonetheless, there is reason to believe he must be unimpressed by the poor performance on the stock market of one of his core holdings – International Container Terminal Services Inc (ICTSI), the Manila-headquartered ports operator – over the last ...
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