Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

Rail rates for coal rise to stem subsidisation

09 Dec 2003 - by Staff reporter
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Leonard Neill SPOORNET WILL increase its rates for the delivery of coal to Matola (Maputo) and Durban Coal Terminal but has no immediate plans to introduce new higher rates for cement, lime and timber consignments to the country’s harbours. Rail rates to the Durban terminal will increase by 18% and to Matola 28-30%. New price structures will be introduced in the first quarter of 2004 . Spoornet receives no subsidies and is now forced to price its service at levels where it can recover costs and replace assets, says spokesman Mike Asefovitz, “We have previously stated that the export rate was being subsidised by the domestic rate and we are intent on closing the gap,” he said. “Spoornet has no option but to increase these rates.” Contrary to popular rumour, Spoornet is not considering closing the Durban terminal, according to Asefovitz. Discussions with National Ports Authority regarding the future lease of the site or its possible relocation are in progress. Preferred options for coal exports are Richards Bay and Maputo because of their close proximity to the coal fields. “With regard to the Mozambique line, the consortium - of which Spoornet is a member - which has to rebuild it is facing high costs that have necessitated an increase in through-put to Matola.” Smaller coal producers are watching with interest the deliberations between shareholders of the independently owned coal terminal at Richards Bay and NPA and South African Port Operations. Attempts to grant greater concessions to the smaller mining concerns who are not shareholders to encourage them to export through the terminal are under consideration. This, in turn, could have a major impact on Spoornet’s coal deliveries. “Other customers like the cement and lime producers are currently in negotiation with Spoornet on rail charges and until these have been completed we cannot deliberate on any possible increases,” said Asefovitz.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

FTW - 9 Dec 03

View PDF
Draft bill zero-rates certain goods
09 Dec 2003
‘Ports need to listen to stakeholders’
09 Dec 2003
Annual collective congestion loss runs to millions ‘NPA must be excised from Transnet’
09 Dec 2003
‘Spoornet has put its money where its mouth is in crime prevention’
09 Dec 2003
NPA’s leasehold rights compromise potential investors - Norton
09 Dec 2003
US clinches title as top anti-dumping protagonist India and China slot in next
09 Dec 2003
Customs matters
09 Dec 2003
DCT productivity better but still below surcharge-lifting level Currently still over 37 hours
09 Dec 2003
Blessington moves into Hamburg Sud hot seat
09 Dec 2003
Walvis Bay completes repair of jetty
09 Dec 2003
Mosebo offers procurement process from source to purchaser
09 Dec 2003
In Time to open Durban office
09 Dec 2003
  • More

FeatureClick to view

Durban & Richards Bay 6 June 2025

Border Beat

Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
Cross-border payments remain a hurdle – Masondo
30 May 2025
BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Seafreight Import / Export Controller DBN

Tiger Recruitment
Durban
09 Jun
New

Transport Operations Manager

Lee Botti & Associates
Durban
09 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us