Europe: Eurotunnel announced on February 24 that the syndicate of 225 banks had approved a nine-month extension of the suspension of interest payments until December 14 this year.
Lithuania: The European Investment Bank is to lend Ecu22m to fund upgrading of the Sumskas - Klaipeda and Kaisiadorys - Kybartai lines.
New Zealand: GATX Capital Corp has structured and provided equity for a US$93m leveraged lease of 30 GM EMD locos and 579 high-capacity wagons for Tranz Rail.
INDIA: Spain’s Ministry of Transport & Sustainable Mobility has signed a memorandum of understanding to support Indian Railways in developing and upgrading its network. The initial agreement runs for five years, when a number of pilot projects are envisaged, to be followed by automatic annual renewals. ...
UK: The annual Rail Business Awards which recognise and reward excellence across every aspect of the industry will be back in Manchester in 2025.
INTERNATIONAL: ‘Beware of trains. Life can change in a split second’ is the slogan for the 16th International Level Crossing Awareness Day, which this year has a particular emphasis on the safety of vulnerable people. Around 50 countries take part in the annual ILCAD campaign which ...
