You can also listen to this podcast on iono.fm here. ADVERTISEMENT CONTINUE READING BELOW Download the free LiSTN audio app on Google Play, Apple or here.
In the December quarter coal exports along the northern corridor to the Richards Bay Coal Terminal increased by more than 10%, and this line is an important one because it is responsible for 41% of Transnet’s freight rail volumes.Andrew Shaw is on the line. He’s the chief strategy and planning officer at Transnet. He has been in this role for nearly four years.
Where we’ve had challenges with procurement, we’ve really drawn in some of our big customer groupings. The Richards Bay Coal Terminal is a really good example, and they’ve helped us to fast-track the procurement of certain items that would normally have taken a little bit longer. So that has helped.RYK VAN NIEKERK: So let’s talk about the Northern Corridor line because it’s a critical one.
We have also, on the security side, really focused hard on trying to reduce the number of security incidents. ANDREW SHAW: The NLCC is a drive from the presidency. It also sort of runs in parallel with the establishment of the Freight Logistics Roadmap, which is something that has been discussed at the Mining Indaba in some detail.
ANDREW SHAW: Let’s start at the back end. We’ve committed to government that there will be a marked improvement. So we’ve provided government with the extension of our recovery plan into this next financial year, and that has some volume and performance targets that are higher than the ones that we’ve been able to deliver in this last six months. So yes, we do believe that is sustainable.
Some of the key focus of that roadmap is the immediate drive to try and draw in the private sector onto the network. I think what people seldom realise is that if we draw some of these operators in, and they pay a track-access charge to our infrastructure manager, we actually get the revenue stream from that. RYK VAN NIEKERK: But are we talking months, are we talking years, are we talking decades?
And we see that as a probably a five- to seven-year journey to get a significant portion of the tonnage actually moved by a new private-sector operator.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.