The tribunal had approved Transnet's R1.8bn purchase of the airport from the Airports Company SA.
Transnet planned to invest R100bn in the facility, which would have 16 container berths, five automotive berths and four liquid bulk berths.
Durban International Airport, situated south of the city, was decommissioned in May 2010 following the opening of King Shaka International Airport north of the city.
Source: Sapa via I-Net Bridge
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