Anglo Coal expects Transnet's reduced capacity to have no effect on exports
November 27, 2007
Anglo Coal expected no effect from reduced rail capacity over the next two weeks on the line running to the Richards Bay coal terminal in KwaZulu-Natal, a company official said yesterday.
Parastatal rail operator Transnet Freight Rail said on Saturday that lightning had struck two transformers supplying power to the coal line last Thursday, slowing freight deliveries to the world's biggest coal export terminal.
"The number of trains they have told us they are going to give us [means] it should not have an impact," said Allan Shout, the marketing director for Anglo Coal South Africa.
He added that it was too soon to gauge the impact on deliveries so far, since Transnet had introduced contingency plans to compensate for the reduced freight only over the weekend.
"It takes about 24 hours to do a round trip. Our position will unfold on a daily basis," Shout said.
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