Transnet SOC Ltd. (Transnet), has announced the selection of International Container Terminal Services Inc. (ICTSI), as the Preferred Bidder for the 25-year joint venture with Transnet Port Terminals (TPT) to operate and further develop its flagship Durban Container Terminal (DCT) Pier 2 at the Port of Durban. DCT Pier 2 is Transnet's biggest container terminal, handling 72% of the Port of Durban's throughput and 46% of South Africa's port traffic. The terminal has 1760 meters of operational quay length and 120 ha of container storage and backu
area.