Only One U.S. Port Makes Global Top 50 as Asia and Middle East Dominate
The Port of Philadelphia was the only U.S. port to rank among the world’s top 50 container ports in the Container Port Performance Index (CPPI) 2025, jointly issued by the...
Port of Durban. Photo: michaeljung / Shutterstock
By Tanisha Heiberg JOHANNESBURG, Sept 11 (Reuters) – South Africa’s Transnet said on Tuesday it will spend 7 billion rand ($464 million) to deepen berths at Africa’s biggest container terminal in the port city of Durban to accommodate larger vessels.
Transnet, which operates nearly three-quarters of the African rail network, the bulk of which is in South Africa, aims to complete the work by 2023, it said in a statement.
Transnet said the project at the Durban port, which handles around 65 percent of South Africa’s container cargo, will include the reconstruction, deepening and lengthening of berths 203 to 205 for the larger ships.
The state-owned logistics firm has been embroiled in allegations of corruption involving procurement contracts worth around 54 billion rand.
It placed its chief executive and two other senior officials on suspension in August pending investigations. ($1 = 15.1125 rand) (Reporting by Tanisha Heiberg Editing by James Macharia)
(c) Copyright Thomson Reuters 2018.
Updated: November 18, 2020 (Originally published September 11, 2018)
This article contains reporting from Reuters, published under license.
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