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Transnet revamping concessions model to speed up private involvement in rail and ports

By: Terence Creamer     23rd October 2020 State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the... 

Transnet shuts down Saldanha iron-ore terminal for maintenance

By: Marleny Arnoldi     16th October 2020 Coinciding with Transnet Freight Rail’s ten-day shutdown of its iron-ore rail corridor for maintenance, Transnet Port Terminals has also shut down the Saldanha Iron Ore Terminal, on October 16. The terminal’s shutdown forms part of the port authority’s annual maintenance plan for mechanical,... 

Weekly Coal Index Report

5th October 2020 RB1 spot prices played catch-up as the October rollover took place, although the back end of the curve is distinctly flatter than before, indicating the lack of conviction around future prices. While the coal price seems almost immune to the prevailing negative sentiment, the Trafigura (a... 

European benchmark ferrochrome price remains at $1.14/lb for the fourth quarter

By: Tasneem Bulbulia     18th September 2020 The European benchmark ferrochrome price for the fourth quarter has been settled at $1.14/lb, a rollover from the third quarter, JSE-listed Merafe Resources said on September 18. In July, Mining Weekly reported that the European benchmark ferrochrome price for the third quarter had been settled... 

Weekly Coal Index Report

24th August 2020 Vietnam is the new coal exporter’s darling, as imports surged during the COVID-19 pandemic, increasing around 46% y-o-y. The country has imported circa 36-million tonnes so far this year, although Indonesia, Russia and China are the major suppliers. SA clearly has a major freight disadvantage and... 

Commodities trader Noble posts interim loss

By: Creamer Media Reporter      21st August 2020 The Covid-19 pandemic continues to impact on commodity markets, Hong Kong-based trader Noble Group said on Friday, reporting an after-tax loss of $331-million in the first six months of the year. “Trading during the period was dominated by Covid-199, which continues to impact our markets and... 

Synchronising operating hours one option to reduce port congestion

By: Irma Venter     21st August 2020 The Port of Durban Decongestion Task Team is looking at synchronising the operating hours of the back-of-port container depots with the port’s 24/7 operating hours.  The team also wants to introduce a holistic truck booking system that could provide an integrated view of expected truck volumes... 

Kenmare says interim results ‘stronger, more resilient’ than expected  

By: Simone Liedtke     19th August 2020 LSE-listed Kenmare Resources’ results for the interim period ended June 30, were “stronger and more resilient” than what was expected, given the global Covid-19 pandemic and subsequent challenges. FD Tom McCluskey told Mining Weekly on August 19, that the titanium minerals and zircon producer... 

Brazilian airframer highlights ways of carrying cargo in the passenger cabins of its airliners

By: Rebecca Campbell     14th August 2020 Brazilian aerospace group Embraer, the world’s top manufacturer of airliners with up to 150 seats, has announced that it has developed ways for airlines to carry cargo on the passenger decks of its aircraft. This is to help meet the great demand for more air cargo capacity, which has resulted... 

Host of new tech sees Merc trucks save up to 5% on fuel

By: Irma Venter     14th August 2020 The new Actros heavy-duty truck launched in South Africa comes with a host of “next-level innovations”, says Daimler Trucks & Buses Southern Africa (DTBSA) CEO Michael Dietz. These include the absence of outside mirrors in favour of in-cab screens (mounted on the A-pillars), which are linked to... 

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