Tag: Transnet
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Freight failures: Transnet’s rail woes impact SA’s coal exports
Transnet transported 58-million fewer tonnes of coal, iron ore and other commodities in the 2022/3 financial year than it did 10 years ago, with coal making up a third of its freight. The state-owned entity attributes the reduced rail capacity to underinvestment in network rehabilitation, vandalism and sabotage as well as to disputes over locomotive…
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South Africa’s ports miss the boat as ships reroute via the Cape
Attacks to commercial ships in the Red Sea have led to companies rerouting their vessels around the Cape of Good Hope to avoid the Suez Canal.