Ramaphosa said the process for an amicable, bilaterally beneficial trade process was still ongoing.
Cities capitalise on global trends like urbanisation, e-commerce, and supply chain reconfiguration.
The government is once again propping up the ports operator after credit rating agencies warned about its high debt level.
Shippers are cancelling block space agreements and charters, leading to $22 billion in lost revenue.
The carrier has 132 vessels on its order books, equivalent to 2.0-2.2 million TEUs of future capacity.
