Maersk questions rival’s solvency in battle over South African port
Competitor won a major port contract under Maersk’s nose. Now the container major wants the tender to be overturned in court.
By Paul Burkhardt, bloomberg news
A.P. Moller - Maersk A/S said a successful rival bidder fell short of tender requirements as it seeks to overturn the award of a concession to run and expand sub-Saharan Africa’s biggest container port to Filipino billionaire Enrique Razon’s harbor firm.
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