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Item 1

Transnet and ICTSI Seal Partnership for DCT Pier 2

Transnet and International Container Terminal Services, Inc (ICTSI) have signed a 25-year partnership agreement for Durban Container Terminal Pier 2, marking a significant step in Government’s economic reforms and Transnet’s strategy to increase private sector participation. The agreement establishes a joint partnership between Transnet Port Terminals and ICTSI from 1 January 2026, with Transnet holding a majority share in a new special purpose vehicle and ICTSI taking operational responsibility.

Selected as the preferred bidder in July 2023, ICTSI brings a strong global record in improving port performance. The partnership aims to increase Pier 2’s capacity from 2 million to 2.8 million TEUs and improve GCH from 18 to 28 and SWH from 60 to 120 through new equipment and advanced technology. These upgrades are intended to reduce logistics costs, improve service quality and attract new volumes.

Transnet Group Chief Executive Michelle Phillips noted the positive trajectory of Pier 2’s performance and emphasised that the partnership will support modernisation, efficiency and growth. ICTSI Senior Vice President Hans-Ole Madsen highlighted the shared commitment to revitalising South Africa’s maritime infrastructure and ensuring Pier 2 becomes a world-class terminal that benefits the region.

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Item 2

Contributor:

Transnet and ICTSI Seal Partnership for DCT Pier 2

Transnet and International Container Terminal Services, Inc (ICTSI) have signed a 25-year partnership agreement for Durban Container Terminal Pier 2, marking a significant step in Government’s economic reforms and Transnet’s strategy to increase private sector participation. The agreement establishes a joint partnership between Transnet Port Terminals and ICTSI from 1 January 2026, with Transnet holding a majority share in a new special purpose vehicle and ICTSI taking operational responsibility.

Selected as the preferred bidder in July 2023, ICTSI brings a strong global record in improving port performance. The partnership aims to increase Pier 2’s capacity from 2 million to 2.8 million TEUs and improve GCH from 18 to 28 and SWH from 60 to 120 through new equipment and advanced technology. These upgrades are intended to reduce logistics costs, improve service quality and attract new volumes.

Transnet Group Chief Executive Michelle Phillips noted the positive trajectory of Pier 2’s performance and emphasised that the partnership will support modernisation, efficiency and growth. ICTSI Senior Vice President Hans-Ole Madsen highlighted the shared commitment to revitalising South Africa’s maritime infrastructure and ensuring Pier 2 becomes a world-class terminal that benefits the region.

Access supplied media release: ( add PDF doc here)

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Transnet and ICTSI Seal 25-Year Partnership to Transform Durban Container Terminal Pier 2
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Transnet and ICTSI sign a 25-year partnership to upgrade Durban Container Terminal Pier 2, boosting capacity, efficiency and service quality from 2026.
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  • Port Operations
  • PPP- Public Private Partnership
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Item 2

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https://www.railwaysafrica.com/news/transnet-and-ictsi-seal-partnership-for-dct-pier-2

Transnet SOC Ltd and independent terminal operator, International Container Terminal Services, Inc (ICTSI) have officially signed a 25-year partnership agreement for the strategic Durban Container Terminal (DCT) Pier 2.

Through the introduction of new equipment and advanced technology, DCT Pier 2 is expected to increase its capacity from 2 million to 2.8 million twenty-foot equivalent units (TEUs) and improve Gross Crane Moves per Hour (GCH) from 18 to 28 as well as Ship Working Hour (SWH) from 60 to 120. These improvements are envisaged to reduce logistics costs and improve service quality, thus broadening market access and attracting new volumes.

Read more here:

#Transnet #ICTSI #DurbanContainerTerminal #DCTPier2 #PortInfrastructure #ContainerTerminals #LogisticsEfficiency #TEUCapacity #SouthAfricaTrade #MaritimeLogistics #PortOperations #SupplyChainAfrica #InfrastructureInvestment

Transnet and ICTSI sign 25-year partnership for Durban Container Terminal Pier 2, increasing capacity to 2.8m TEUs and improving efficiency from 2026.
#Transnet #ICTSI #Ports #Durban #Logistics

Item 2

Contributor:

Transnet and ICTSI Seal Partnership for DCT Pier 2

Transnet and International Container Terminal Services, Inc (ICTSI) have signed a 25-year partnership agreement for Durban Container Terminal Pier 2, marking a significant step in Government’s economic reforms and Transnet’s strategy to increase private sector participation. The agreement establishes a joint partnership between Transnet Port Terminals and ICTSI from 1 January 2026, with Transnet holding a majority share in a new special purpose vehicle and ICTSI taking operational responsibility.

Selected as the preferred bidder in July 2023, ICTSI brings a strong global record in improving port performance. The partnership aims to increase Pier 2’s capacity from 2 million to 2.8 million TEUs and improve GCH from 18 to 28 and SWH from 60 to 120 through new equipment and advanced technology. These upgrades are intended to reduce logistics costs, improve service quality and attract new volumes.

Transnet Group Chief Executive Michelle Phillips noted the positive trajectory of Pier 2’s performance and emphasised that the partnership will support modernisation, efficiency and growth. ICTSI Senior Vice President Hans-Ole Madsen highlighted the shared commitment to revitalising South Africa’s maritime infrastructure and ensuring Pier 2 becomes a world-class terminal that benefits the region.

Access supplied media release: ( add PDF doc here)

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Image supplied Transnet. From left to right: Transnet Port Terminals Chief Executive, Mr. Jabu Mdaki, Transnet Group Chief Executive, Adv. Michelle Phillips and ICTSI Senior Vice President, Mr. Hans-Ole Madsen.