TransNamib boosts business at Grootfontein

02 April 2019 | Infrastructure

TransNamib and Ascon Energy (Pty) Ltd signed an agreement for the rail transport of coal, containers and various commodities between Walvis Bay and inland terminals of Grootfontein and Gobabis.

The Rail Transport Agreement (RTA) was entered into on 20 March and will commence within the next quarter. The RTA will cater for the transportation of more than 600 000 tons per annum of various commodities, including containers.

The initial focus will be the imports and exports on the Walvis Bay to Grootfontein route. This will be followed by the Gobabis to Walvis Bay route, using the Trans-Kalahari Corridor. TransNamib in a statement said the contract will be used as a stimulus to grow the train service between Grootfontein and Walvis Bay for Congolese and Zambian traffic. TransNamib is also in discussion with other logistics service providers in the southern African region to develop intermodal facilities at Grootfontein to support the growth of volumes in the short- to medium term. Ascon Energy is a subsidiary of the Ascon Group, which is an international oil and commodities trading organisation. Its key focus areas are eastern Europe, west and southern Africa, the Middle East, as well as Asian outlets.

Ascon's core business is the refined derivative product and coal trading.

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