Prince Rupert Port Authority’s Post

VTG Rail UK Ltd has announced a new ten-year wagon leasing agreement with ALVANCE British Aluminium, a leading player in the aluminium manufacturing sector. Starting in January 2025, VTG will lease 20 JPA powder tank wagons to Alvance. These wagons will be equipped with VTG’s iWagon technology, a cutting-edge solution designed to enhance tracking, operational efficiency, and overall performance.

ALVANCE British Aluminium become VTG Rail UK's newest customer and latest to adopt VTG iWagon! VTG Rail UK secures a new ten-year wagon leasing agreement with Alvance British Aluminium, a leading name in the aluminium manufacturing sector. Under the agreement, which begins in January 2025, VTG will lease 20 JPA powder tank wagons to the company, marking Alvance as a new customer in VTG’s expanding client portfolio. The JPA wagons will be upgraded with VTG’s innovative iWagon technology, a cutting-edge solution that is transforming the rail freight industry by enhancing tracking and operational efficiency, providing Alvance with the advanced capabilities needed to meet the demands of its operations. Archie Lucas, Sales Manager at VTG Rail UK, said: “We are proud to welcome Alvance British Aluminium as our newest customer. This partnership exemplifies our commitment to providing innovative solutions that meet the evolving needs of the industry. The retrofitting of these JPA wagons with iWagon technology is a testament to our dedication to enhancing efficiency and service delivery in rail transport for the benefit of our customers.” The leased wagons are expected to enter service with Alvance in June 2025 and will play a pivotal role in transporting alumina powder from The Port of Blyth, Northumberland, to Fort William in the Scottish Highlands. This journey is integral to Alvance’s process of producing aluminium at one of the world’s most environmentally friendly metal production facilities. The ten-year lease agreement includes a comprehensive maintenance contract provided by VTG. This ensures that the wagons are maintained to the highest standards, providing reliability and peace of mind for Alvance as they integrate the new assets into their operations. Tom Uppington, Managing Director of Alvance British Aluminium, said: “Partnering with VTG Rail UK for our logistics needs is a strategic move that will significantly enhance our operations. The integration of iWagon technology will not only improve our efficiency but also align with our goals for innovation in our supply chain.” The collaboration underscores both companies' dedication to innovation and sustainable transport solutions in the industry, paving the way for a more efficient, eco-friendly future in rail freight. #VTG #iWagon #RailFreight #AlvanceBritishAluminium

THIS $130m INTERMODAL TRANSPORT PROJECT HAS ENGAGED WITH A PFX INVESTOR This $130m intermodal transport project was engaged with their investor within days of being listed on PFX. The transaction is now advancing with their Europe-based investor, who has a great deal of experience in this particular market. PFX registered investors are interested in projects across the entire transport/infra spectrum with minimum deal values of $100m including… > Airports > Bridges > Logistics > Marine > Ports > Road/rail > Spaceports > Tunnels > Waterways ...worldwide. Your successful project financing is dependent on the credibility of your off-take and/or management and operating agreements or your independent and credible feasibility study. Please click the image below to view the project's elevator pitch, and then visit the 'submit project' zone to take the first steps towards getting your project successfully financed. #transport #infrastructure #intermodal https://lnkd.in/eesyc9Ew

💼 Long-term partnership, big impact: VTG Rail UK and ALVANCE British Aluminium lock in a 10-year leasing agreement to revolutionise alumina transport. https://lnkd.in/gjPMy4g3

#CCRCZhuzhouLocomotive, a subsidiary of #Chinese state-owned rolling stock manufacturer #CCRC, signed agreements with #Hungarian equity fund ACEMIL to build four facilities in the #Magyar country. The facilities will focus on rail vehicles production and maintenance as well as professional training and research and development. #railfreight #railfreightnews #railcargonews

In recent years, many container terminals have faced serious problems, primarily due to fierce competition from new players, in particular, cargo carriers, logistics companies and investment groups. The ever-changing economic environment means that terminal operators are becoming more cautious about their future prospects. Despite the expected growth in the future, companies are much more careful in choosing new locations for new investment projects. State-of-the-art engineering solutions, coupled with flexible sources of project finance, drive industry growth and enhance the competitiveness of individual companies. Our team implements large infrastructure projects around the world, using the most advanced technical solutions and financial schemes for our clients. Contact us at any time to discuss the details of your project. Read more: https://lnkd.in/dzrUwKcG WEBSITE: altas-ifl.com EMAIL: funding@altas-ifl.com #seaports #container #terminals #Europeanbanks #venturefunds #containerterminals #transportation #infrastructure #portfacilities #automatedcontainerterminal #energyconsumption #financialcosts

Abysmal ranking of Transnet ports underscores long haul to fix key logistics operations and infrastructure ... #Transnet #ports #Capetown #Ngqura #Gqeberha #globalcustomers #exports #operationalproblems #ageinginfrastructure #lackofequipment #privatesector #containerterminals #invest #upgrades

The Canada Infrastructure Bank/ Banque de l'infrastructure du Canada is making a historic investment in the Port of Prince Rupert with a $150 million loan for the first phase of CANXPORT, formerly the Ridley Island Export Logistics Project. This new export logistics hub will expand capacity and capabilities for rail-to-container transloading of multiple export products, improve Canadian supply chains, and drive trade and economic growth. The project’s scale, unit train capabilities, and integration into existing container terminal operations will facilitate substantial opportunities to exporters that enhance intermodal supply chains and ways to reach international markets. Read the full announcement: https://lnkd.in/gfwiJmMV #TradeInfrastructure #SupplyChainResiliency

Sky Logistic Reliance Secures Financing for Expansion of Port Said Terminal Shipping Arabia, September 6, 2024 — A consortium led by "Sky Logistic Reliance," specializing in seaport operations, has successfully secured EGP 500 million from Banque du Caire. This funding represents the first tranche of a loan aimed at supporting the construction of a multipurpose terminal at East Port Said Port, which boasts a total investment of $65 million. Sources within the consortium reveal that the total loan from Banque du Caire amounts to approximately EGP 1 billion. The initial tranche will be allocated towards expanding the fleet of superstructure equipment and machinery essential for the terminal’s operations. This facility, a collaboration with Reliance Group, spans a 900-meter berth and a 350,000 square meter back area designed to enhance the terminal’s capabilities. The terminal is poised to achieve an annual handling capacity of 8 million tons of goods. In preparation for its operational phase, the group plans to initiate a promotional campaign to introduce the terminal to shipping lines and international companies, highlighting its advanced facilities and strategic capabilities. The financial arrangement with Banque du Caire includes the disbursement of the second installment later this month, with the third and final installment scheduled for October. Recent updates from the terminal indicate significant activity, with a total of 70 vessels handled and 1 million tons of coal processed by the end of last month. By the end of August, the terminal had managed a total of 1.7 million tons of various goods. The equipped storage areas, currently at 45,000 square meters, are expected to expand to 150,000 square meters within the next three months. Additionally, the terminal has enhanced its infrastructure with the delivery of a Zhenhua 895 loading/unloading crane, two Zhenhua 880 cranes, two Zhenhua 830 storage units, and a new fleet of tractors for handling dry bulk, scrap, and general cargo. With these advancements, Sky Logistic Reliance aims to handle approximately 5 million tons by the year's end, demonstrating a robust capacity for growth and operational excellence. Source: Al Borsa News #PortSaid #Maritime #Egypt #Ports #Expansion

Alright, folks, the Australian Competition and Consumer Commission (ACCC) has flagged some major concerns over Aurizon’s plan to acquire @Flinders Logistics, a subsidiary of Flinders Port Holdings Pty Limited. What’s the Deal? Aurizon wants to buy Flinders Logistics and Pirie Bulk, which handle stevedoring and cargo services at Port Adelaide and Port Pirie. The ACCC is worried this could hurt competition, especially since Berth 29 at Port Adelaide is crucial for certain mining products. Key Issues: Competition Risk: If Aurizon controls Berth 29, it could limit access for other rail haulage providers and stevedores. Impact on Prices: This could lead to higher prices and lower service quality for bulk cargo customers, affecting industries crucial to the Australian economy. Shippers’ Perspective: Shippers are on edge, fearing that reduced competition might lead to skyrocketing costs and subpar service. “If Aurizon takes over, we could be looking at monopoly-like control over critical logistics services,” said a concerned shipper. Next Steps: Aurizon and Flinders Ports have until July 25, 2024, to respond to the ACCC’s concerns. A final decision will be made on September 26, 2024. #Logistics #Trucking #SupplyChain #Transport #Freight #InterstateTransport #RoadFreight #TransportServices #Linehaul #Procurement #3PL #Warehousing #Fleet #TruckingNews #cargo #Import #Export #OceanFreight #SeaFreight #AirFreight #Australia