Transnet to deepen Durban port berths to accommodate larger ships

South Africa’s Transnet said on Tuesday it will spend R7 billion ($464 million) to deepen berths at Africa’s biggest container terminal in the port city of Durban to accommodate larger vessels.

Transnet, which operates nearly three-quarters of the African rail network, the bulk of which is in South Africa, aims to complete the work by 2023, it said in a statement. 

Source: moneyweb.co.za