The major South African port operator Transnet has announced the shortlisted respondents for private sector participation in the Durban Pier 2 and Ngqura Container Terminals.
For DCT Pier 2, the following ten respondents have been shortlisted and will be invited to proceed to the Request for Proposal (RFP) process:
1. APM Terminals AMI Management DMCEST
2. China Harbour Engineering Company Ltd and Guangzhou Port Co. Ltd
3. COSCO Shipping Ports Limited
4. DP World Limited
5. Global Ports Services Pty. Ltd
6. Grindrod Freight Services (Pty) Ltd and Hamburger Hafen Und Logistik Aktiengesellschaft
7. International Container Terminal Services, Inc.
8. Red Sea Gateway Terminal and MMC Port Holdings Sdn Bhd
9. Star Classic Investments Limited and Abu Dhabi Ports
10. Terminal Investment Limited and REMGRO Limited
For NCT, the following four respondents have been shortlisted and will be invited to proceed to the RFP process:
1. APM Terminals AMI Management DMCEST
2. Red Sea Gateway Terminal and MMC Port Holdings Sdn Bhd
3. Star Classic Investments Limited and Abu Dhabi Ports
4. Terminal Investment Limited and REMGRO Limited
The preferred bidders for each terminal are expected to be appointed by February 2023.
Transnet said in its statement that the intention is to create a 25-year special purpose vehicle (SPV) between Transnet Port Terminals (TPT) and the winning bidders, and therefore no disposal or sale of the asset, while after 25 years the terminals would revert fully to TPT.
Transnet will issue Request for Proposals (RFPs) to the shortlisted respondents from the Request for Qualifications process, which is the third phase in the process to upgrade the two terminals.
“The improvement in port efficiencies will support South Africa’s competitiveness and our ability to grow jobs in the manufacturing and export economy. Partnering with global port terminal operators and shipping lines offers the opportunity to attract much-needed investment, instil best-practice management and enhanced technological capability to rapidly improve the performance and volume throughput at the Ports of Durban and Ngqura,” commented Transnet.
