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 ...
XOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMERED
XOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUTMAERSK: BOTTOM FISHING NO MOREDHL: IN THE DOCKHLAG: GREEN DEALXOM: GEOPOLITICAL RISK AND OIL REBOUND IMPACTZIM: END OF STRIKE HANGOVERCHRW: GAUGING UPSIDEBA: STRIKE RISKDSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMERED
International terminal operators will be more than interested to hear news from Israel that the government has decided to break up the state-run monopoly in its two largest container ports – Haifa and Ashdod – and concession off two new terminal projects to private bidders. Prime minister Benjamin Netanyahu said the aim was twofold: to bring greater efficiency to port operations through increased competition; and to break the stranglehold that the country’s immensely powerful Histadrut union has on the ports. However, Histadrut has to still agree to the reform.
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