Transnet signals force majeure as it moves to amend coal railing contracts - News24

4/14/2022 12:00:00 AM3 yearsago
by Lisa Steyn
by Lisa Steyn
Amid record-high coal prices, the state-owned logistics company said factors hampering the railing of export coal are beyond its reasonable control and will likely continue for another six months.
Transnet will amend railing agreements with coal exporters as the state-owned enterprise continues to struggle with persistent security and legal issues which it believes constitute a force majeure. … [+2696 chars]
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