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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,... 

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... 

Glencore’s crop unit rebrands as Viterra, stirring spinoff speculation

By: Bloomberg     20th August 2020 Glencore’s global agriculture unit will rebrand its business by changing its name to Viterra later this year. The unit will adopt the name of the company that the world’s biggest commodity trader bought in 2012, according to a statement Wednesday. The move comes four years after Glencore sold... 

Saldanha Iron Ore Terminal loads over 15Mt of ore despite restrictions

By: Simone Liedtke     11th August 2020 Despite operating under Covid-19 restrictions, Transnet Port Terminals’ (TPT’s) Saldanha Iron Ore Terminal (IOT) loaded 15.6-million tonnes in the first four months of the 2020/21 financial year, meeting 76% of their contractual obligations. Suring the same period last year, and using a full... 

Hydrogen-powered aviation preparing for takeoff – study 

By: Martin Creamer     2nd July 2020 Hydrogen as an energy source will play a key role in transforming aviation into a zero-carbon/climate-neutral system over the next few decades, an independent study states in estimating that the first short-range hydrogen-powered demonstrator could be developed by 2028 if sufficient investments... 

Standard Bank says it is not legally obliged to have voting on proposed climate resolutions

By: Marleny Arnoldi     16th April 2020 Standard Bank has decided to not table proposed climate change risk resolutions for voting by shareholders at its annual general meeting (AGM) in May, following pressure from nonprofit shareholder activism organisations Just Share and Raith Foundation to do so. Just Share executive director... 

Transnet scales back to only essential services, operations

By: Simone Liedtke     27th March 2020 In line with government’s implementation of a three-week lockdown of the country to reduce the spread of the Covid-19 virus, State-owned entity Transnet will be scaling down its transportation services and operations of non-essential cargo during this period. After consultation with various... 

Teck warns of C$1.13bn hit if Trudeau rejects Frontier project

By: Reuters     21st February 2020 Canadian miner Teck Resources said on Friday it would write down the value of its proposed Frontier oil sands mine by C$1.13-billion should Prime Minister Justin Trudeau's government reject the project. The fate of the C$20.6-billion mine is expected to be decided by next week in what has become... 

ACCC calls for more gas exploration

By: Esmarie Iannucci     18th February 2020 The Australian Competition and Consumer Commission (ACCC) has called on Australia’s southern state to allow gas exploration in a bid to secure supply. “Southern states risk facing a shortfall in the medium term unless there is more exploration and development in the south, or new infrastructure... 

Teck CEO unloads on shipper with gripes about costs and cargo

By: Bloomberg     31st January 2020 A rift between between Teck Resources and the company it uses to export its coal widened as the Vancouver-based miner publicly accused the shipper of charging too much and contaminating some freight. The head of Teck, already shifting some steel-making coal freight away from Westshore Terminals... 

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