ICTSI ready to take on new challenge in Africa

31 July 2023

Durban Container Terminal Pier 2. Photo courtesy of Transnet Port Terminals

International Container Terminal Services, Inc. (ICTSI) welcomes the opportunity to further expand its footprint across the African continent after being selected by Transnet SOC Ltd as the preferred bidder for the 25-year joint venture to develop and operate Durban Container Terminal (DCT) Pier 2.

ICTSI’s global portfolio currently consists of 32 terminals – four of which are in Africa: Onne Multipurpose Terminal in Nigeria, Kribi Multipurpose Terminal in Cameroon, Matadi Gateway Terminal in D.R. Congo, and Madagascar International Container Terminal. DCT Pier 2 will be ICTSI’s largest operation in Africa.

“We are honored and grateful to Transnet for considering our proposal. This project is a significant undertaking for us as we continue to expand our operations in Africa. The ICTSI Group is ready to take on the challenge of repositioning the Port of Durban into the foremost container hub port in Southern Africa. We are eager to leverage our expertise and develop DCT Pier 2 into an efficient, high-performing gateway for South Africa’s foreign trade,” said Hans-Ole Madsen, ICTSI regional head – Europe, Middle East and Africa.

ICTSI’s proven track record in developing high-performing gateways across emerging economies highlights the company’s commitment to forging long-term partnerships with stakeholders, as well as a business model that is anchored on sustainable growth.

“The successful implementation of what will be our fifth project in Africa will create a ripple effect, benefitting not only the local economy but also strengthening South Africa’s position in the global maritime landscape,” said Christian R. Gonzalez, ICTSI executive vice president.

Gonzalez added: “Our goal is to maximize the Port of Durban’s potential through responsible operations. We look forward to collaborating with Transnet and all the stakeholders involved, who shares our vision for a world-class terminal that serves as a catalyst for economic growth in the region.”

A key facility in the Port of Durban, DCT Pier 2 is Transnet’s largest container terminal. It handles 72 percent of the port’s throughput and 46 percent of South Africa’s port traffic. The partnership with ICTSI is a major step towards Transnet’s objective of improving the port’s efficiency and performance.