Agreement reached with nine coal exporters, with others ready to talk 🔒
State-owned logistics firm Transnet will begin talks in July on new medium- to long-term contracts and has lifted force majeure on nine coal exporters with which it had reached agreement, it said.
This was the third force majeure the ailing entity had declared over the past year, with the previous two being on account of fires at its Richards Bay terminal and another over a cyberattack that disrupted operations in July 2021...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Transnet lifts force majeure on 9 coal exportersSate-owned logistics firm Transnet will this month begin talks on new medium to long-term contracts and has lifted force majeure on nine coal exporters with which it had reached agreement, it said.
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