TFR offers deed of amendment to lift force majeure on coal exporters

State-owned Transnet Freight Rail (TFR) is encouraging coal export parties to sign a deed of amendment for the remaining term of a long-term agreement, which expires in March 2024, to lift its force majeure on them, which was declared owing to a severe shortage of operational locomotives. Transnet has held a number of discussions with the coal export parties relating to aspects of the contract that required attention to ensure the North Corridor – the heavy-haul line transporting coal and other commodities – remains competitive and sustainable.

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