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.
Acting through holding company ICTSI (Hong Kong) Ltd, Philippines-based global port operator International Container Terminal Services Inc (ICTSI) has signed a joint venture contract with Yantai Port Group Company Ltd (YPG) and SDIC Communications for the purchase of a 60% stake in Yantai Gangtong Container Terminal Co Ltd, which manages Yantai Gangtong Terminal.
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