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UAE Weighs Plans for Third Strait of Hormuz Bypass Pipeline

The United Arab Emirates currently operates one crude export pipeline that bypasses the Strait of Hormuz and announced earlier this year that it was building a second. A third pipeline is reportedly being planned to further expand crude capacity and reroute energy flows around Hormuz, reducing exposure to Iranian disr…

OilPrice.com Порты и суда
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KKR to sell wagon leasing company Infinity Transportation to Ares for $2.9bn

USA: Investment firm KKR & Co Inc has reached a definitive agreement to sell full-service wagon and intermodal equipment leasing company Infinity Transportation to Ares Infrastructure Equity and Ares Insurance Solutions funds for an enterprise value of approximately $2.9bn. Subject to customary closing conditions and …

Railway Gazette Железные дороги
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UK Transport Minister shows faith in rail freight private sector

“I was told in parliament the other day that the rail freight companies are, quote, ‘not in the most organised shape to drive growth’ – and I disagree”, the UK Minister of Transport Peter Hendy said. At the unveiling of Freightliner’s new logo and loco, Hendy underlined the importance of private players and the need f…

RailFreight.com Средний коридор
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Hospital train proposed for military evacuations and civilian disaster response

GERMANY: Siemens Mobility and Lufthansa Technik Defense have agreed to develop jointly a train for cross-border military medical evacuations and civilian disaster response. Ahead of the Berlin Security Conference on November 3-4 the companies signed a memorandum of understanding to combine their decades of experience …

Railway Gazette Средний коридор
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German operators demand corridor detour costs be covered in DB funding deal

Germany’s rail freight operators are demanding federal compensation for diversions forced by the Generalsanierung corridor renovation programme, which they estimate will cost more than €100 million this year. Their association Die Güterbahnen wants around €15 per train-km and penalties for DB InfraGO’s overruns paid t…

RailFreight.com Железные дороги
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CSTO may consider suspending Armenia’s voting rights

Collective Security Treaty Organization (CSTO) Secretary General Taalatbek Masadykov said the organisation could consider suspending Armenia’s voting rights and halting the nomination of Armenian citizens to quota-based positions within the CSTO.

Azernews Железные дороги
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Sweden chooses cheapest route for Norrbothnia Line

Swedish transport administrator Trafikverket has picked the cheapest alternative improve traffic along the Norrbothnia Line, a missing link along the TEN-T Scandinavian-Mediterranean Corridor. The decision follows an order from the government to rein in costs on the line’s unbuilt northern section. The Swedish transpo…

RailFreight.com Железные дороги
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Iran Says Four Oil Tankers Destroyed by Mines Near Strait of Hormuz

Four oil tankers were destroyed after hitting naval mines in an area south of the Strait of Hormuz proscribed by Iran as prohibited for navigation, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Wednesday, as attacks on vessels in the region intensify while crude oil flows have dipped from recent highs. The f…

OilPrice.com Порты и суда
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ÖBB holding to take control of passenger and freight arms in major restructuring

AUSTRIA: The coalition government has agreed the biggest restructuring of the state-owned ÖBB group in more than two decades, which is expected to cut costs by around €80m a year. The governing coalition of the conservative ÖVP, the social democratic SPÖ and the liberal NEOS agreed a plan to restructure the ÖBB group …

Railway Gazette Железные дороги
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Bulgaria unveils plan to put more grain on rail

The Bulgarian government is looking to put more grain on freight trains amid worries concerning the recent attack on Black Sea ports. Around five million tonnes of Bulgarian wheat risk remaining unsold, with vessels refusing to use the countries’ ports to avoid risk of being bombed. Sofia’s ministries of transport and…

RailFreight.com Железные дороги
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Created for fuel, Türkiye’s first private rail freight operator broadens its horizons

Türkiye is not exactly known for having a bustling and thriving rail freight industry. Regardless, its rail sector seems to be on a modest growth trajectory with major infrastructure projects and a recently liberalised market. RailFreight.com spoke with the country’s first private operator, Körfez Ulaştırma, about its…

RailFreight.com Средний коридор
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Barking reopening recedes into mid November

It’s proving very difficult to clear the 23 October Barking derailment. The intermodal freight train that came off the rails, blocking the East London station, has done more damage than originally estimated. Recovery and restoration, according to stakeholders, will take until at least next week. However, 10 November i…

RailFreight.com Средний коридор
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ERA Executive Director to speak at inaugural Railway Gazette Summit

EUROPE: As the European rail landscape undergoes a period of profound transformation, the 2026 Railway Gazette Summit will be debating opportunities for building a resilient, competitive and sustainable railway sector. A detailed programme can be found here . Hosted by Railway Gazette International Executive Editor Ni…

Railway Gazette Средний коридор
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Azeri Light oil price falls by 2.62% at Italy's Augusta Port

The price of Azerbaijan's Azeri Light crude oil has declined by $3.05, or 2.62%, compared with the previous indicator, reaching $113.45 per barrel on a CIF basis at Italy's Augusta port.

Azernews Порты и суда
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Urban rail industry news round-up

This week’s round-up of news from the global urban rail transport sector, from Railway Gazette International . On October 29 Wuhan opened two more sections of its metro network. The second phase of Line 12 between Gangduhuayuan and Moshuihu Park via the north and west of the city joins the two ends of Phase 1 opened o…

Railway Gazette Средний коридор
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ENGINE: East of Suez Bunker Fuel Availability Outlook

Singapore and Malaysia Bunker fuel availability remains tight in Singapore, with delayed cargo arrivals and congestion at loading terminals continuing to constrain supply, a source said. VLSFO lead times are currently around 13-15 days. Last week, suppliers recommended lead times ranging from around 13 days at the ear…

Hellenic Shipping News Железные дороги
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Dubai Benchmark Slips Into Contango for the First Time Since July

The curve of the Dubai benchmark is showing signs that rising oil flows from the Middle East are exceeding demand for the first time since early July, when the three-week U.S.-Iran ceasefire allowed millions of barrels to leave unhindered the Strait of Hormuz. Physical flows have been gradually rising for the past two…

OilPrice.com Порты и суда
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Prime Minister inaugurates Pune Metro Line 3

INDIA: The 23.3 km Pune Metro Line 3 (Pink) was inaugurated by Prime Minister Narendra Modi via video link on November 3, with passenger services scheduled to start the following day. Developed by a joint venture of Siemens and Tata under a PPP agreement, the elevated line with 23 stations is intended to halve travel …

Railway Gazette Средний коридор
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Italy approves rail investments for €5.4bn

Italy’s draft budget law for 2027 allocated €5.43 billion to the national rail network over the next two years. The funds will be sent to infrastructure manager RFI, with the Terzo Valico project getting the largest share of the funds with €1.6 billion. According to article 77 of the bill, the ‘Services’ part of the p…

RailFreight.com Средний коридор
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Celebrate the best of UK rail at the 2027 Rail Business Awards

UK: Organisations across the UK rail and metro sectors have until 23.55 on November 13 to submit entries for the next Rail Business Awards , which will take place on March 11 2027 in Newcastle-upon-Tyne. Established as the first national awards for the UK railway sector, the prestigious Rail Business Awards recognise …

Railway Gazette Средний коридор
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Azerbaijan's electric vehicle imports plunge 56% in first nine months of 2026

Azerbaijan imported 680 electric vehicles between January and September 2026, marking a 56.4% decline compared with the corresponding period of 2025. According to data released by the State Customs Committee, the total value of electric vehicle imports fell by...

Azernews Торговля
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Azerbaijan bets on Caspian winds to build its next energy export industry

For much of its modern history, Azerbaijan's economic and political influence has been closely tied to oil and gas. The country built its reputation as an energy producer long before the current debate about energy diversification and the green transition became a global priority. Its pipelines connected the Caspian b…

Azernews Средний коридор
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Kazakhstan and Azerbaijan agree: “Superferry” and new intermodal terminal for Middle Corridor

Kazakhstan and Azerbaijan are planning a joint intermodal terminal at the Baku International Sea Trade Port. In addition, the two countries want to launch regular high-capacity ferry services between the ports of Alat and Kuryk, dubbed “Superferry” in Azerbaijan. Both projects target freight on the Middle Corridor. Th…

RailFreight.com Средний коридор
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Renfe updates safety protocol as investigators analyse Urda collision

SPAIN: Renfe has introduced a new safety directive for high speed operations, requiring trains to halt and proceed at a maximum speed of 40 km/h under visual supervision after cab signalling failures. The decision follows the fatal Urda collision that killed at least 69 people. Most Spanish high speed lines are equipp…

Railway Gazette Железные дороги
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Melbourne Airport Rail Link moves two steps closer to realisation

AUSTRALIA: The Victorian Infrastructure Delivery Authority has announced the preferred bidder to rebuild Sunshine station as part of Stage 1 of Melbourne’s long-planned Airport Rail Link. It has also committed to starting Stage 2 works in 2028, leaving the final stage without a timescale. The airport rail project is b…

Railway Gazette Железные дороги
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Saudi Aramco Profit Beats Expectations as Oil Prices Soar

Saudi Aramco beat analyst estimates of its third-quarter profit as higher crude oil and fuel prices offset the impact of oil supply disruptions due to attacks on its assets. The Saudi state oil giant on Tuesday reported an adjusted net income of $31.2 billion for the third quarter, up from $28.6 billion for the same p…

OilPrice.com Аналитика
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Évora–Caia delay costs Medway its daily freight Sines-Seville trains

The opening of Portugal’s new Évora–Caia line has slipped once again, this time to 2028, and the first casualty is already known. MSC has reportedly suspended the daily Medway freight service between the port of Sines and Seville, taking around 50,000 containers a year to a Spanish port instead. “Unfortunately, we fou…

RailFreight.com Железные дороги