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Transpacific emerges as liner shipping’s golden trade

The transpacific has become the most lucrative major container shipping trade in the world, with carriers generating five times more spot revenue per nautical mile on the Shanghai–Los Angeles route than on shipments to North Europe via the Cape of Good Hope. New analysis from Alphaliner shows that the extraordinary st…

Splash247 Maritime 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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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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Idan Ofer turns to Japan for boxship quartet

Idan Ofer’s Eastern Pacific Shipping (EPS) has been linked to an order for four midsize containerships at Japan’s Imabari Shipbuilding, marking a rare Japanese addition to its extensive newbuilding programme. Shipbuilding sources have identified the Singapore-based owner as the buyer of the quartet, which would take i…

Splash247 Maritime Порты и суда
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Cameroon’s Gulfcam taps new chief to drive Camship expansion

Cameroon’s Gulfcam is pursuing plans to acquire six vessels to expand its coastal container shipping operations between Kribi and Douala, with a former Camship executive taking charge of the business. Bernard André Ndengue took over as chief executive on November 1, replacing Albert Roger Boum, who stepped down last m…

Splash247 Maritime 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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China’s property starts plunge to 2002 levels

China’s property construction collapse has taken new building starts back to levels last seen in 2002, raising fresh questions about the long-term outlook for iron ore and coking coal demand, even as dry bulk owners become increasingly bullish about freight markets. Research published today by Ursa Shipbrokers reveals…

Splash247 Maritime Аналитика
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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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Samudera taps Yangzijiang yards for boxship duo

Singapore-listed Samudera Shipping Line has ordered two containerships in China, adding 6,000 teu of capacity to its newbuilding pipeline. The Indonesian-controlled carrier disclosed in a filing that it had signed shipbuilding contracts with Jiangsu New Yangzi Shipbuilding and Jiangsu Yangzi-Mitsui Shipbuilding, both …

Splash247 Maritime Порты и суда
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TS Lines adds $246m boxship brace in China

Taiwanese liner operator TS Lines has returned to Shanghai Waigaoqiao Shipbuilding (SWS) for another pair of containerships in a deal worth $246m. The Hong Kong-listed carrier has contracted two 11,000 teu vessels at the CSSC-controlled yard, together with China Shipbuilding Trading, paying $123m apiece. The ships are…

Splash247 Maritime 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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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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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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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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Ernst Russ offloads another feeder in fleet reshuffle

German shipowner Ernst Russ has sold another feeder containership, continuing to trim its older boxship exposure while building up its tanker and multipurpose fleet. The Frankfurt-listed company has confirmed the sale of the 2007-built, 803 teu Mirror, without disclosing the buyer and price. The vessel is expected to …

Splash247 Maritime Порты и суда
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Contships locks in fresh CMA CGM and ONE feeder deals

Greek feeder containership owner Contships Logistics has secured two new charter deals with CMA CGM and Ocean Network Express (ONE), adding contracted employment as it prepares for an extensive fleet renewal programme. The Nikolas Pateras-led company disclosed in its third-quarter earnings report that the Contship Sky…

Splash247 Maritime Порты и суда
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Sweden selects lower-cost Norrbotniabanan route as budget tightens

SWEDEN: Trafikverket has picked the lowest cost of the routes it studied for part of Norrbotniabanan, a missing link in the EU’s core rail network along the northern Baltic coast, three months after the government ordered it to rein in costs on the line’s unbuilt northern section. The Swedish transport administration …

Railway Gazette Железные дороги
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October deluge brings Panama Canal lake levels back towards normal

A surprisingly wet October has brought much-needed relief to the Panama Canal, with Gatun Lake recovering to near its historical average despite warnings that a powerful El Niño could trigger another prolonged drought. New research from Ursa Shipbrokers, drawing on Panama Canal Authority data, shows Gatun Lake average…

Splash247 Maritime Средний коридор
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Eurostar announces next Chief Executive Officer

EUROPE: International high speed train operator Eurostar announced on November 2 that Gwendoline Cazenave was stepping down as CEO. Christophe Fanichet has been appointed as CEO from December 1, with Matthieu Quyollet, Chief Financial, Strategy & Transformation Officer and deputy CEO, serving as CEO in the interim. Fa…

Railway Gazette Средний коридор
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Şanlıurfa light rail construction contract awarded

TURKEY: Şanlıurfa municipality has let a contract to construct the first phase of the city’s future light rail system to a consortium of Sigma İnşaat, Emreray Enerji and Vestan İnşaat. The consortium submitted a winning bid of TL3.39bn, the lowest of seven bids received. Phase 1 involves construction of a 14 km north-…

RailTech.com Железные дороги
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OMV Petrom chief to exit as Neptun Deep nears first gas

Romanian oil and gas producer OMV Petrom is preparing for a leadership change as chief executive Christina Verchere has announced she will not seek another term, with her departure set to occur around the planned startup of the company’s flagship Neptun Deep gas development in the Black Sea. Verchere, who has led the …

Splash247 Maritime Торговля
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Wallenius Wilhelmsen adds $700m Asian carmaker deal to contract haul

Norwegian car carrier giant Wallenius Wilhelmsen has secured a three-year shipping contract worth around $700m with a major Asian automaker, taking its newly announced contract wins to more than $1.7bn in the space of five days. The Oslo-listed group did not identify the customer but said the agreement builds on an ex…

Splash247 Maritime Порты и суда
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MSC adds three more megamaxes at Waigaoqiao

Mediterranean Shipping Co (MSC) has been linked to another three LNG dual-fuel megamax containerships at China’s Shanghai Waigaoqiao Shipbuilding (SWS), expanding its series at the CSSC-owned yard to 13 vessels. Shipbroking sources place the latest 21,700 teu newbuildings at around $210m apiece, valuing the additional…

Splash247 Maritime Порты и суда
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New seafarers’ federation launched in India

A new federation bringing together Indian seafarer unions, welfare organisations and maritime charities has been established in Chennai with plans to coordinate action on crew abandonment, unpaid wages and seafarer safety. The International Transport Employees Federation (ITEF) was formed on October 31 following a mee…

Splash247 Maritime Средний коридор
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World rail contract news round-up

A round-up of recent rail industry contract awards around the world, compiled by Railway Gazette International . Austria: DPB Rail Infra Service took delivery of its first Siemens Mobility dual-mode Vectron on October 8. The locomotive is approved for operation in Austria and Germany, expanding the company’s operation…

Railway Gazette Средний коридор
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Australia: Aiming high for ETCS interoperability

With ETCS being rolled out on several suburban networks, Australia has adopted it as the technology pathway for national interoperability in widely differing applications. A regulatory structure has been agreed, while the use of common standards is expected to reduce the need for compatibility testing, as Frank Heibel…

Railway Gazette Средний коридор
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Dispatch – October 30: Rehabilitation

It’s after 10 pm, and about a hundred meters from the parliament building, in a place once covered with asphalt, there is a large, deep, dark hole. Inside the hole lies a massive concrete box, the outer frame of the underground passage, and over that large box runs a pipe, a newly installed one, but dirty. Over the pi…

Civil.ge Средний коридор
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China: Belt & Road brings growth to metro operator

Shenzhen Metro Group has emerged over recent years as an increasingly active player in the development of metro, light rail and suburban projects across a swathe of emerging markets, from Algeria to Vietnam, as Benjámin Zelki explains. Embracing the expansionist ideals of China’s Belt & Road initiative, Shenzhen Metro…

Railway Gazette Средний коридор