West Coast Business News & Directory.

Saldanha ore line to receive another 32 locomotives

South Africa’s freight logistics group Transnet Freight Rail (TFR) on Wednesday announced that it had placed an order for 32 new 15E locomotives for its iron-ore line between Sishen and Saldanha, in line with a target to boost capacity to 61-million tons a year on the 860-km line. Transnet newly appointed CEO Brian Molefe said service levels were expected to improve significantly as TFR progressively...

Transnet Saldanha Bay, plans to buy up to 100 locomotives

State-owned freight logistics group Transnet will aim to purchase between 75 and 100 locomotives a year over “a prolonged period” to reduce the average age of its locomotive fleet from 30 years to below 20 years, acting CEO Chris Wells reports. Writing in the group’s 2010 annual report, released on Friday, Wells indicated that the intention was to “smooth” the acquisition...

Transnet planning expansion of the Sishen-Saldanha corridor.

KUMBA Iron Ore has reached a “new spirit of cooperation” with Transnet Freight Rail (TFR) over the expansion of the Sishen-Saldanha export corridor beyond a capacity of 60 million tonnes (MT) per year. That’s according to CEO Chris Griffith , who spoke to financial media at the group’s Sishen iron ore mine. Griffith said Kumba, rival iron ore exporter Assmang and manganese producer Samancor...

Transnet sets new records

Transnet Freight Rail (TFR) reported on Thursday that it achieved a new weekly throughput record, of 919 000 t of iron-ore, which was transported last week from the mines of the Northern Cape mines to the deep-water West Coast harbour of Saldanha Bay. The figure was nearly 19 500 t better than the previous Sishen-Saldanha corridor record of 899 592 t, which was achieved a week earlier. For its 2009/10...