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…

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…

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…