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Poland's nuclear project pushed back at least another two years

Plans to build Poland's first nuclear power plant will be delayed by at least another two years, sources said, after the decision late last year by state-run utility PGE to take on site research itself and cancel a consultancy contract. The project, expected to cost between $10 billion (6.82... 2015-04-14

North Korea institutes 'project commissioners' to help Russians cope with red-tape

Russia and North Korea have started to implement an agreement on the institution of so-called 'project commissioners' in North Korea, the press service of the Russian Far East Development Ministry reported after a meeting of Russian part of the bilateral Intergovernmental Commission for Trade,... 2015-04-14

'Azerbaijan Railways' and 'Moravia Steel' expand cooperation

Azerbaijan Railways JSC and the Czech company 'Moravia Steel' has signed an additional agreement to refurbish Baku-Boyuk Kesik railway.  "The two companies have signed an agreement to implement the project’s second stage of the reconstruction of Azerbaijan's railways. The agreement is... 2015-04-14

Prabhu unveils railways’ plans for region

The Union railway minister, Suresh Prabhu, on Monday said the country, like China, needs to adopt a new strategy for the extension of the railways to bring about development. The northeast plays a pivotal role in this regard, he said, reports Time of India.He attributed China's rapid growth to its... 2015-04-14

Indian Railways Makes All Out Efforts in Helping 940 Yemen Evacuees to Reach Their Respective Destinations

As directed by the Minister of Railways Shri Suresh Prabhakar Prabhu, the Indian Railways is making all possible efforts to facilitate the Yemen Evacuees to reach their respective destinations in India. In all 940 persons were accommodated in the trains from 2.4.2015 to 8.4.2015. On 8.4.2015, a... 2015-04-10

India: Railway plans to develop satellite terminals to decongest stations

Indian Railways is planning to build satellite terminals near some of the busiest junctions, aiming at reducing pressure on such stations and the city traffic around it. "We are planning to develop some satellite terminals. Most of the urban areas are saturated now. It is impossible to reach to... 2015-04-10

Deal between Niger and Benin for West Africa rail link signed

Benin and Niger have agreed a one billion euro deal paving the way for the completion of a rail connecting five West African countries by mid next year, reports Sienna Leone Times. The two countries signed the deal on Tuesday to finalise the terms of the construction and operation of the railway... 2015-04-10

Fiat Kragujevac to start export car in Russia

Fiat cars from Kragujevac factory could start being exported to Russia duty-free as early as the first half of this year, Trade Representative at the Embassy of the Russian Federation to Serbia Andrey Khripunov said, reports ANSAmed. Russia is ready and had all the necessary procedures for... 2015-04-09

China is adding a Pakistan-Iran gas pipeline to its revival of the old Silk Road

China is poised to add another key section to its sometimes defiant, seemingly inexorable plan to create commercial corridors extending in all directions from its borders. Its latest move: building a natural gas pipeline linking the hitherto pariah state of Iran to security-challenged Pakistan,... 2015-04-09

Hogwarts train firm suspended from railway

A Carnforth rail company that runs The Hogwarts Express engine featured in the Harry Potter films has been suspended from operation after one of its trains ran a red light, reports Lancaster Guardian.An investigation into the incident at Wootton Basset Junction in Wiltshire on March 7 has been... 2015-04-09

Thales wins Taiwanese light rail contract

Thales has won a €17m (£12.5m) contract for signalling, communications and the operational control centre for Taiwan’s second tramway line, reports The Construction Index.The work is for the Danhai light rail transit project. Taiwan’s local industry giant China Steel along... 2015-04-09

Produce train execs claim BNSF Railway killed their business

Executives of a former rail-based produce express service from Washington to the Midwest say BNSF Railway ruined their business when the railroad gave priority to coal and oil trains moving to the Pacific Northwest, reports The News Tribune. Those executives, Steven Lawson and Mike Lerner, said... 2015-04-08

China's overseas rail expansion needs global service attitude

China introduced its first high-speed rail service in 2007. By 2014, the network extended to 16,000 kilometers, propelling the country into the "high-speed rail era," reports the Chinese-language Economic Observer, reports Want China Times. The high-speed rail industry has sought to develop and... 2015-04-08

Indian railway seeks e-commerce partners in parcel transport

India's railways parcel business is engaging e-commerce partners to increase its share in parcel transport in the market, local media reported on Monday. The railways, which earns around 21 billion rupees (338 million U.S. dollars) annually from its parcel business, expects to raise its income to... 2015-04-07

China needs new trade route to future, Premier Li Keqiang says

China can become more competitive and try to stave off an economic slowdown by selling more equipment, investing more offshore and exporting manufacturing capacity, Premier Li Keqiang said on Friday, reports SCMP. Addressing officials and top state-owned enterprise executives, Li said China needed... 2015-04-06

Russia defends oil refinery deal with Uganda

Russia's ambassador to Uganda has defended a recent deal between the East African country and a Russian state conglomerate to build a $4-billion oil refinery in Uganda, reports Andalu Agency."Ugandans must cooperate with all partners who are ready to come here and invest," Ambassador Sergey... 2015-04-06

Vietnam to join free trade area with Russian-led economic bloc

All of the principle aspects in creating a free trade zone between the countries of the Eurasian Economic Union and Vietnam have been agreed, Russian Prime Minister Dmitry Medvedev said Monday, reports CIHAN.“Almost all of the parameters have been agreed, and the preparation of documents have... 2015-04-06

Three oil companies keen on Vizhinjam Port

Three major oil companies in the country have shown interest on the possibility of bringing oil products in ships to Vizhinjam. This along with the Union shipping ministry sending a file to the prime minister’s office recommending exemption in cabotage law for the port is making things look... 2015-04-03

Qatar Rail signs co-operation pact with Moroccan Railways

Qatar Railways Company (Qatar Rail) and the National Office of Railways of Morocco signed a co-operation agreement in Doha yesterday, reports Gulf Times.  The agreement was signed in the presence of HE the Minister of Transport Jassim Seif Ahmed al-Sulaiti and the Moroccan Minister of... 2015-04-02

Kapsch, Algerian Railways SNTF to sign Rail-Telecom jv contract

Kapsch CarrierCom and the Algerian railways operator SNTF (Société Nationale des Transports Ferroviaires) signed a contract on the joint venture Rail-Telecom. Rail-Telecom is under joint ownership of SNTF (51%) and Kapsch CarrierCom (49%) as shareholding partners, reports... 2015-04-02