International Container Terminal Services Inc. chairman Enrique Razon Jr. on Monday slammed Danish shipping and logistics firm Maersk for causing delays
in ICTSI’s takeover of a Durban container terminal in South Africa.
“Maersk is clearly desperate to prevent the entry of an independent common user terminal operator. In short, after failing to produce a strong bid, they are instead trying to delay and stop the process by using the courts,” Razon said. Razon said the qualification rules were very clear, as Transnet could and can evaluate the bidders in whatever way was in line with the law and met the public interest.
He said Maersk dominated the South African market since it acquired SAF Marine over 20 years ago and now holds a dominant position and strong pricing leverage in the market.
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