ICTSI takes control of South African portIn a disclosure to the Philippine Stock Exchange (PSE), ICTSI said it has opened 2026 on a high note, formally adding the Durban Container Terminal (DCT) Pier 2 to its portfolio. MANILA, Philippines — International Container Terminal Services Inc. (ICTSI) has taken over management of a South African terminal responsible for 46 percent of cargo traffic in the country. The turnover comes a month after ICTSI signed the 25-year agreement to take over DCT Pier 2. Currently, DCT Pier 2 handles more than 70 percent of cargo traffic in the Port of Durban, the largest port in South Africa. ICTSI is co-managing DCT Pier 2 with Transnet, which owns South African assets involved in the logistics industry, from ports and pipelines, to properties and railways.

Source: Philippine Star January 02, 2026 16:48 UTC