Molycop is striving to continue supporting the heavy haul rail sector in Australia. Molycop has a history supporting the Australian …
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Category: Rolling Stock
Germany, Austria and Switzerland ask for EU-wide DAC commitment
The governments of Germany, Austria and Switzerland said that their efforts in the context of deploying Digital Automatic Coupling (DAC) “are necessary, but not sufficient”. They are asking for the creation of an EU-wide funding mechanism, financial commitment from all Member States and strong foundations from the sector. Germany, Austria and Switzerland are thus asking…
Three years and 100 million euros for MSC’s Wärtsilä takeover in Trieste
Shipping giant MSC recently unveiled its plan to take over the disused Wärtsilä plant at the port of Trieste and convert it into a rail rolling stock production factory. The main feature is the progressive reintegration into the new site by 2027 of the roughly 280 former Wärtsilä employees, currently under a Redundancy Fund (Cassa…
DB Cargo Italia ditches diesel, switches to HVO
DB Cargo Italia is currently in the process of implementing a switch from diesel to hydrotreated vegetable oil (HVO) fuel. All diesel-powered locomotives of the company will switch to HVO by the end of the summer. According to DB Cargo, HVO represents a more environmentally friendly and renewable alternative to fossil fuels. The Italian subsidiary…
Subsidy for rail freight rolling stock in Italy will remain after all
Despite recent concerns, the Italian government will not cancel a measure aimed at helping companies purchasing rail rolling stock. A total of 115 million euros, thus, will still be deployed to cover 20 per cent of the costs retroactively to 2021. Fears of a cancellation of this measure surfaced in March, when the Italian Chamber…
US bank provides Ukrainian Railways $156 mln for rolling stock update
As Ukrainian Railways has been trying to complete the purchase of new rolling stock, the US Export-Import Bank extends an aiding hand. The bank is providing a 156 million dollar loan over a period of 15 years to finalise a purchase deal. The loan puts Ukrainian Railways in a position to buy 40 new diesel…