What does Transnet Freight Rail Transport?
Transnet Freight Rail operates the world-class heavy haul coal and iron ore export lines and is developing the manganese export corridor to heavy haul standards. Transnet Freight Rail also transports a broad range of bulk general freight commodities and containerised freight.
What is the function of Transnet?
As the custodian of ports, rail and pipelines, Transnet’s objective is to ensure a globally competitive freight system that enables sustained growth and diversification of the country’s economy.
Where is Transnet Freight?
Parktown, Johannesburg
Transnet Freight Rail’s National Command Centre, famously known as the NCC, is situated in Inyanda House 1, 21 Wellington Road, Parktown, Johannesburg operating 24 hours seven days a week.
Who is the CEO of Transnet Freight Rail?
Ravi Nair (May 18, 2016–)
Transnet Freight Rail/CEO
How much does a freight train cost?
DC locomotives cost around $1.5 million, depending on manufacturer. Although powerful, these units offer less tractive effort than their AC counterparts….AC vs. DC Current.
| Current Type | Tractive Effort | Cost |
|---|---|---|
| AC Current | 180,000 lbf | $2 million |
| DC Current | 140,000 lbf | $1.5 million |
How is Transnet funded?
This is significantly higher than the triggers in loan covenants. A well-defined funding strategy has enabled Transnet to raise R40,9 billion for the year without government guarantees, comprised mainly of the following funding sources: R19,1 billion of domestic bank and club loans; and. R4,6 billion of domestic bonds.
Is Transnet owned by government?
Transnet is a State Owned Company (SOC), wholly owned by the Government of the Republic of South Africa and is the custodian of rail, ports and pipelines.
What type of Organisational structure does Transnet have?
Transnet signs an annual Shareholder’s Compact with the Government of the Republic of South Africa, represented by the Minister of Public Enterprises. The Shareholder’s Compact mandates the Company to deliver on numerous strategic deliverables, including sustainable economic, social and environmental outcomes.
What kind of business does Transnet Freight Rail do?
The division’s primary business is to provide rail transport of commodities for the export, regional and domestic markets. Transnet Freight Rail operates the world-class heavy haul coal and iron ore export lines and is developing the manganese export corridor to heavy haul standards.
Which is the largest operating division of Transnet?
Transnet Freight Rail is the largest Operating Division of Transnet. The division’s primary business is to provide rail transport of commodities for the export, regional and domestic markets.
How big is the Transnet Freight Rail Corridor?
Transnet is upgrading the rail corridor which connect the Port of Ngqura with manganese mines around Hotazel in the Northern Cape. The corridor would be 1,003 kilometres (623 mi) long, and would mostly involve upgrades of existing lines; capacity is expected to increase from 5·5 million tonnes / year to 16 mpta.
How much does it cost to build Transnet Rail?
In May 2010, Transnet revealed a five-year-plan involving rail projects costing R52Bn. Most of this would be spent on new rolling stock, including 304 locomotives and 7231 wagons. R4Bn would be spent on infrastructure connecting Majuba coal-fired power station with the Richards Bay freight railway.
https://www.youtube.com/watch?v=Fcx44lVMuWU