High Court Backs Transnet's Choice for Durban Terminal Upgrade Contract
Judge Mahendra Chetty ruled that Transnet had acted without prejudice to APM Terminals, controlled by Danish shipping giant Maersk.
The Durban high court has backed Transnet's decision to name International Containers Terminal Services Inc (ICTSI) as the preferred bidder for a 25-year concession to upgrade and manage Durban Container Terminal 2 (DCT 2).
This ruling is a major boost to Transnet, following an earlier interdict by APM Terminals against the awarding of the contract.
No comment from the involved parties was provided.Author's summary: Transnet wins court case for terminal upgrade contract.
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