South Africa’s Transnet to Deepen Durban Port to Accommodate Larger Ships

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 … [Read more...]