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'Spurious' legal battle over port a threat
The Citizen
|February 19, 2025
A "spurious" legal challenge by losing bidder Maersk for control of the Durban container port is holding up much-needed improvements at South Africa's busiest port, says winning bidder International Container Terminal Services Inc (ICTSI).
ICTSI won the bid to operate the Durban Container Terminal 2 in 2023 after presenting its bid to inject R11 billion in capital for 49% in the port. However, the revamp of the port has been delayed following a legal challenge by Maersk.
"In 2023, ICTSI won the bid to operate the Durban Container Terminal 2 after a fair, rigorous and transparent process," says ICTSI's regional manager for Europe, the Middle East and Africa, Hans-Ole Madsen.
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