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China
December 3, 2019
|
Freight
Cosco takes share in Bilk container terminal
CHINA Cosco Shipping subsidiary Ocean Rail Logistics has taken a 15% share in the Bilk container terminal near Budapest, which was previously exclusively owned by Austrian Federal Railways (ÖBB) subsidiary Rail Cargo Group (RCG).
December 2, 2019
|
High-speed
China opens three more high-speed lines
CHINA continued the rapid expansion of its high-speed network on December 1 with the opening of three more sections of new line totalling 1043km.
November 29, 2019
|
High-speed
China opens two high-speed lines
CHINA State Railway Group (CR) opened the Wuhan - Shiyan high-speed railway on November 29 and the Rizhao - Qufu section of the Rizhao - Lankao high-speed line on November 26.
November 28, 2019
|
Main line
Preliminary planning completed for new 392km Vietnam line
CHINA Railway Fifth Survey and Design Institute Group has completed preliminary studies into the construction of a standard-gauge line in Vietnam between the northern border with China and eastern ports.
November 19, 2019
|
Financial
China’s high-speed rail IPO to raise $US 7bn
THE China Securities Regulatory Commission has approved an initial public offering (IPO) for Beijing-Shanghai High-Speed Railway which will be listed on the Shanghai Stock Exchange’s A-share market.
November 14, 2019
|
High-speed
Maintaining momentum.
More than 9000km of high-speed lines planned or under construction globally in 2019. Using data from IRJ Pro, market analyst Oscar Sinclair examines the state-of-play for high-speed line construction around the world.
November 11, 2019
|
Financial
Chinese group to buy British Steel for £70m
JINGYE Group, China, has reportedly agreed to purchase British Steel for £70m, a move that would save the struggling manufacturer from bankruptcy and rescue up to 4000 jobs.
November 6, 2019
|
High-speed
Beijing - Shanghai high-speed operator submits IPO plans
BEIJING-Shanghai High Speed Railway has announced a plan for an initial public offering (IPO), submitting a formal application to float on the Shanghai stock market.
November 6, 2019
|
Freight
First China - Turkey - Europe freight train reaches Ankara
TURKEY’s minister of transport Mr Mehmet Cahit Turhan welcomed the arrival of the first container train to travel from China via Turkey to Europe in the Turkish capital Ankara on November 6.
October 23, 2019
|
High-speed
Testing underway as China prepares to open 13 high-speed lines
TEST running is underway on 13 new sections of high-speed railway in China as the country prepares to open the next batch of high-speed lines before the end of the year.
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