South Africa is strengthening its maritime and logistics sector as Transnet SOC Ltd and International Container Terminal Services, Inc. sign a long-term partnership to improve operations at the Durban Container Terminal Pier 2.
The agreement supports Government’s wider reform efforts and reflects Transnet’s plan to bring private sector expertise into areas of the business that can benefit from improved performance.
Port users across the country and the region have responded positively to the deal because Pier 2 handles the highest share of South Africa’s container traffic and plays a central role in supporting trade flows.
New equipment and advanced technology will increase Pier 2’s capacity from 2 million to 2.8 million TEUs while also improving efficiency, with crane moves rising from 18 to 28 per hour and ship working hours increasing from 60 to 120. These changes are expected to lower logistics costs, improve service levels, open up market access and help draw in more cargo.
From 1 January 2026, a joint venture between Transnet Port Terminals and ICTSI will take charge of developing and upgrading the terminal.
Transnet will keep a majority stake in the new company, Newco, while ICTSI will manage operations. ICTSI’s strong track record in improving terminal performance worldwide gives confidence that the partnership will deliver meaningful improvements.
source: africaports.co.za
