ICTSI to challenge court ruling on Durban Container Terminal tender
NewsICTSI says it will defend its contract award for the upgrade of DCT2 in the next stage of legal proceedings.
Manila-based International Container Terminal Services Inc (ICTSI) has received offers from unnamed foreign groups to buy part or all of its overseas business in the wake of a robust first half that saw group-wide volume surging by 19.1 per cent to 1.19 mill TEU. The figure is almost half this year’s target of 2.45 mill TEU.
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