Transnet announces preferred bidder for Durban Cruise Terminal

An artist's impression of the Durban Cruise Terminal.

The plan to position Durban as a world-class cruise capital took a step forward recently, with the announcement of the preferred bidder for the Durban Cruise Terminal – KwaZulu Cruise Terminal Pty Ltd (KCT) – a joint venture between MSC Cruises SA (a subsidiary of MSC Mediterranean Shipping Company SA) and Africa Armada Consortium.

The bidder will be responsible for the design, financing, construction, operation, maintenance and transfer of a Cruise Terminal Facility for a 25-year concession period in the Port of Durban.

The relevant stakeholders together with chief executive of Transnet National Ports Authority, Richard Vallihu (fourth from left).

The capital investment for the project would be in excess of R200 million. The announcement was made by Transnet National Ports Authority (TNPA) chief executive, Richard Vallihu.

  AUTHOR
Editorial team

Latest News

COMMENTS

Top
Recommended Story x
Facebook announces video creation app launch