{"id":20911,"date":"2025-12-11T12:27:39","date_gmt":"2025-12-11T10:27:39","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sas-transnet-partners-with-philippines-based-port-operator\/"},"modified":"2026-02-27T16:32:06","modified_gmt":"2026-02-27T14:32:06","slug":"sas-transnet-partners-with-philippines-based-port-operator","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-transnet-partners-with-philippines-based-port-operator\/","title":{"rendered":"SA&#8217;s Transnet partners with Philippines based port operator"},"content":{"rendered":"<div>South Africa&#8217;s (SA) Transnet Port Terminal has unveiled billions of Rands partnership with a Philippines-based port operator, International Container Services Incorporated.<\/div>\n<div><\/div>\n<div>The new private-public partnership will see the cargo handling company owning a 49% stake in the Durban, KwaZulu-Natal Province,\u00a0 container terminal, while Transnet will remain the majority shareholder with 51%.<\/div>\n<div><\/div>\n<div>The agreement was officially signed today after years of deliberations.<\/div>\n<div><\/div>\n<div>The Durban container terminal Pier two is the country&#8217;s largest container facility, with a capacity of over-two million twenty foot equivalent units.<\/div>\n<div><\/div>\n<div>Over 160 markets worldwide utilise this facility.<\/div>\n<div><\/div>\n<div>Challenges of congestion and inefficiencies have led to massive financial losses and poor performance.<\/div>\n<div><\/div>\n<div>In an effort to address such challenges, Transnet has partnered with an International terminal operator,.<\/div>\n<div><\/div>\n<div>&#8211;SABC&#8211;<\/div>\n","protected":false},"featured_media":13209,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[78,44],"class_list":["post-20911","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-featured","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Transnet Port Terminal has unveiled billions of Rands partnership with Philippines","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20911\/revisions"}],"predecessor-version":[{"id":24776,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20911\/revisions\/24776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13209"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=20911"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=20911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}