Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Tranz Rail clears the dust on coal capability

Tranz Rail clears the dust on coal capability

Tranz Rails National Manager for bulk freight Steve Muir says he is surprised at reports today by Solid Energy that the coal company could not achieve extra growth until a long-term agreement had been reached with Tranz Rail.

"We reached a long term agreement with Solid Energy in 1999 and it is for 10 years. In 2002 we added an extra 22 hopper wagons to provide increased capacity and certainly we have the capability to increase our current tonnage .

"Tranz Rail has the capability to carry in excess of 4 million tonnes, it is just a case of increasing the number of and size of the trains. We can carry more volume with additional equipment in agreement with Solid Energy.

"Tranz Rail values giving key customers the services they ask for and we look forward to discussions with Solid Energy about future requirements they want to support, "says Mr Muir.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>