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Rail Equipment News

20 Mar 2020

Dredging: Essential Critical Infrastructure Workforce

(Photo: Dredging Contractors of America)

On Thursday, the U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) released guidance to help state and local jurisdictions and the private sector identify and manage their essential workforce while responding to COVID-19.The Dredging Contractors of America (DCA) helped the federal government develop this first-of-a-kind guidance on Essential Critical Infrastructure Workers.“This is why Government Coordinating Councils and Sector Coordinating Councils are so important.

02 Apr 2018

Trump to Unveil China Tariff List

The Trump administration this week will unveil the list of Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world's two largest economies. The list of $50 billion to $60 billion worth of annual imports is expected to target "largely high-technology" products and it may be more than two months before tariffs take effect, administration officials have said. The U.S. Trade Representative's office needs to unveil the list of products by Friday under President Donald Trump's China tariff proclamation signed on March 22. The tariffs are aimed at forcing changes to Chinese government policies that USTR says results in the "uneconomic" transfer of U.S. intellectual property to Chinese companies.

12 Apr 2016

Wassmer Named CEO at Kelvion

Robert Wassmer (Photo: Kelvion)

Robert Wassmer will join Kelvion, a globally active manufacturer of industrial heat exchangers, as Chief Executive Officer (CEO) and Managing Director of Kelvion Holding GmbH effective as of July 1, 2016, the company’s shareholder committee announced. Wassmer is an experienced CEO with national and international experience. He has previously served as chairman of the executive board at Knorr-Bremse Schienenfahrzeuge GmbH, the European Rail Equipment Subgroup of Knorr-Bremse. Before that…

16 Jun 2014

Siemens, Mitsubishi Challenge GE with Alstom Offer

Germany's Siemens and Japan's Mitsubishi Heavy Industries presented a joint offer to France's Alstom on Monday that included 7 billion euros ($9.5 billion) in cash, challenging a bid by General Electric. Under the deal, Siemens offered to buy Alstom's gas turbines business for 3.9 billion euros in cash, and MHI to buy stakes in Alstom power assets including hydroelectric power equipment and grid, to be held in separate joint ventures. MHI would inject 3.1 billion euros in cash into Alstom and offer to take a stake of up to 10 percent in the French firm from shareholder Bouygues. "Alstom would remain an independent energy and transport player with a strong brand," Siemens Chief Executive Joe Kaeser said. Alstom said it would review the proposal in the coming days.

12 Feb 2013

ABB Acquires APS Technology

ABB acquires APS Technology Group to expand its Crane and Harbor systems portfolio; acquisition expands ABB’s portfolio for container terminal automation to optimize cargo handling and tracking from ship to gate. ABB, a leading power and automation technology group, has agreed to acquire APS Technology Group (APS), a San Diego, California-based company that develops and markets solutions for the port industry. The acquisition will expand ABB’s crane system portfolio to the container terminal market. The transaction is expected to close in the first quarter of 2013. Established in 2002, APS employs approximately 50 full-time people in its headquarters in San Diego, California, and its office in Long Beach, California.

06 Jun 2012

Breakbulk Africa Congress – Transnet CEO to Speak

Brian Molefe: Photo credit UBM Global Trade

Transnet SOC is South Africa's national transport arm and the governing body for the country's rail, pipelines, ports and terminals. During his keynote address, Molefe will discuss Transnet's recently announced, four-point growth strategy, which includes plans to invest R110.6 billion (US$12.9 billion) in new rail equipment, the widening and deepening of ports and building a new pipeline to solve South Africa's infrastructure challenges. Molefe is a South African businessman who has also worked in the office of the premier in the Limpopo, where he was responsible for strategic planning.

09 Sep 2002

Recent Wärtsilä Four-Stroke Engine Developments

Wärtsilä has focused its technological developments in this realm on three main areas: Common-rail fuel injection for heavy-fuel engines; Humidification methods for reduction of NOx; and Dual-fuel engines with micro pilot. Long-term research on the concepts hot combustion for combined cycles and steam injected diesel is also going on. Three engine types, i.e. the Wärtsilä 46, Wärtsilä 38 and Wärtsilä 32 have - so far - been made available for the common-rail injection systems. The pilot engine, which sails onboard the Carnival Spirit, has to date gathered more than 3,500 hours of operational experience, and the Wärtsilä 46 test engine has more than 3,000 hours as well.