Maputo, Mozambique, 10 Jan – Mozambican state rail and port company, Portos e Caminhos de Ferro de Moçambique (CFM), is investing US$3 million in the refurbishment of rolling stock in order to meet demand from increase traffic in the country’s ports, according to the Mozambican press.
The programme, which has been underway for some time, includes refurbishment of around 300 rail trucks, most of which will be used to transport South African coal travelling to the international market via the port of Matola.
Mozambican newspaper Notícias, citing information from the company as saying that thermal coal accounts for most of the South African cargo transported by rail, with South African rail trucks used for this purpose.
With the refurbishment programme that is underway, slowly but surely the company will be able to place some of its own trucks in the system, with all the benefits that this would bring, specifically reduced costs of renting rolling stock from South Africa.
The board of directors of CFM is also concerned about having trucks available for other types of cargo, specifically containers, chromium-iron, sugar and fuel, the latter of which is expected to see a rise in demand in the region. (macauhub)