https://www.engineeringnews.co.za
Cable|Coal|Export|Financial|Freight|Infrastructure|Logistics|rail|SECURITY|Transnet|Maintenance|Solutions|Infrastructure|Locomotive|Operations
Cable|Coal|Export|Financial|Freight|Infrastructure|Logistics|rail|SECURITY|Transnet|Maintenance|Solutions|Infrastructure|Locomotive|Operations
cable|coal|export|financial|freight|infrastructure|logistics|rail|security|transnet|maintenance|solutions|infrastructure|locomotive|operations

Transnet says rail volumes recovered slightly in the last quarter of 2023

Coal being transported to port

Photo by Creamer Media

2nd February 2024

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

Transnet Freight Rail (TFR) says it experienced an improvement in rail volumes in the last quarter of the 2023 calendar year, as the implementation of Transnet’s recovery plan got under way.

The quarterly rate of delivery to the Richards Bay Coal Terminal (RBCT) increased from 47.10-million tonnes in the third quarter to 48.74-million tonnes in the fourth quarter.

TFR’s North Corridor handles an estimated 41% of total TFR volumes and supports key commodity sectors including export coal and chrome, the entity points out.

Transnet says it has witnessed signs of recovery on the North Corridor, which was able to improve RBCT export coal volume tonnages from below one-million tonnes weekly on average to 1.1-million tonnes by December 2023.

“The widely reported challenges with security, locomotive availability and reliability, and network reliability have hampered TFR’s performance on this corridor in the last few years, and management is implementing a number of initiatives in the short-, medium- and long term, to ensure operational improvements,” Transnet explains.

It highlights that the partnership with industry is resulting in a decline in the number of cable theft incidents on the corridor, although some sporadic incidents still occur.

Transnet emphasises that it continues to intensify deployment of security measures to reduce cable theft and infrastructure vandalism.

Transnet and RBCT signed a mutual cooperation agreement in November 2023, which allows for – among others – collaboration on fast-tracking maintenance and operations sustaining procurement.

Transnet is forecasting railing 49-million tonnes of export coal to RBCT against a declared capacity of 60-million tonnes for the financial year ending March 2024.

By the end of December 2023, total rail volumes of 35.8-million tonnes had been delivered.

Transnet assures that it continues to implement recovery initiatives in partnership with the National Logistics Crisis Committee and other stakeholders in line with its mandate to deliver reliable, integrated and seamless port and rail solutions.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

 

Showroom

SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 12 April 2024
Magazine round up | 12 April 2024
12th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.078 0.128s - 182pq - 2rq
Subscribe Now