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ICTSI enters South Africa
Manila Bulletin
|January 3, 2026
Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI) reported that the formal management transition of Durban Container Terminal Pier Two (DCT2) at Port of Durban commenced on Jan. 1, 2026.
In a disclosure to the Philippine Stock Exchange (PSE), ICTSI said it had signed an agreement to be the strategic partner for the operation and development of DCT2 at the South African port.
Transnet SOC Ltd. (Transnet), a South African government state-owned company (SOC) that owns South Africa’s railway, ports, and pipelines infrastructure, has signed an agreement with ICTSI for a 25-year joint venture (JV) to operate and further develop its flagship DCT2.
DCT2 is Transnet’s biggest container terminal, handling over 70 percent of Port of Durban’s throughput and approximately 46 percent of South Africa’s port traffic.
The terminal has 1,760 meters of operational quay length and 120 hectares (ha) of container storage and backup area.
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