Transnet declares force majeure after fire at Richards Bay terminal
Transnet says it is investigating a second fire within a week at the port
Promit MukherjeeRichards Bay Coal Terminal. Picture: SUPPLIEDTransnet late Friday declared a force majeure at its Richards Bay Bulk Terminal, it said in a statement, following a fire that broke out at the port on Wednesday.Richards Bay Bulk Terminal, Africa’s largest coal export facility, is located off the Richards Bay port — one of seven commercial ports that Transnet operates along South Africa’s coastline.
Transnet did not say whether or to what extent exports of commodities such as coal, steel and other minerals would be impacted."The terminal is engaging with its affected customers and is in the process of putting the necessary contingencies in place as some routes are operational," the state-owned company said in a statement on Friday night.
The company said it was investigating a second fire within a week at the port which affected the conveyor system and disrupted some operations."The cause of the fire is still unknown and a preliminary investigation is currently underway. Expert assessors and investigators are onsite establishing the extent of the damage," it said. headtopics.comRead more: Business Day »
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Transnet declares force majeure at Richards Bay terminal after port fireSouth Africa's monopoly port operator Transnet late Friday declared a force majeure at its Richards Bay Bulk Terminal, it said in a statement, following a fire that broke out at the port on Wednesday. We are in trouble under Cyril Ramaphosa the country is descending into chaos This is a well orchestrated plan They cannot tell us that fire was not foreseeable in the circumstances to reach the conclusion of declaring force majeure. Every company insures itself against such disasters.
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Illicit copper trade compounds SA’s economic woesThe illicit copper trade particularly impacts Eskom and Transnet and costs the country's economy billion of rand a year. MYANC
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