News Global track market remains steady, says study
Jordanian national railway project moves forward
F
HE global railway track systems market remains on course for steady growth despite the budget crisis in the eurozone and the slowdown of upgrades in China, according to the latest market study by German consultancy group, SCI Verkehr.
T The study says that new
projects in the Middle East, Southeast Asia and South America are more than compensating for reduced activity in established markets which means that suppliers have to be flexible in their activities. The group says the annual market is worth ƒ34.6bn worldwide following analysis of the average between 2010 and 2012, and anticipates an annual rise of 3.9% per year in the next five years to almost
ƒ42bn. The previous study conducted in 2010 anticipated a 5% annual rise from around ƒ33bn to ƒ41.5bn between 2009 and 2014.
“The market is clearly
reacting to economic and political pressure - but is not breaking away,” says Ms Maria Leenen, CEO of SCI Verkehr, adding that once economic stimulus packages run out, a lack of public funds and tough political decisions in Europe, North America and China will lead to stagnating or shrinking markets. With their rail networks encompassing 90% of the world’s total, China, the United States and Russia remain the world’s key track markets. China remains by a distance
the largest market for track systems in the world with a
current market volume of approximately ƒ6.7bn which is projected to decline slowly but rise again in 2017 to ƒ6.9bn. It is followed by the United States which is worth ƒ5bn at present and will rise to ƒ5.5bn by 2015, before falling back again to ƒ5.1bn by 2017. Russia is the third largest market and is projected to experience a steady rise from ƒ2.8bn this year to ƒ3.3bn in 2017. Increases are also expected in the Middle East, north and southern Africa, as well as in Asia and South America. “Companies that are dissatisfied with established markets should take a look at the trends in Colombia, Indonesia, Thailand, Kenya, Mozambique or Oman,” Leenen says.
Common consignment note for China - Europe freight T
HE first container train with a CIM/SMGS
common consignment note was despatched by Russian Railways Logistics (RZDL) in cooperation with its Chinese subsidiary YuXinOu Logistics on October 31.
The train, which left Chongqing, China, destined for Poland and Germany, was carrying 42 40ft containers for
8 various customers.
Kaztransservice, Kazakhstan, and Belintertrans, Belarus were also involved in the inaugural service as RZDL’s transit partners. “Introduction of a CIM/ SMGS note is a result of two years of work by the railways of all the transit countries involved,” says Mr Pavel Sokolov, CEO of RZDL.
EASIBILITY studies have been completed and land acquisition is underway on the first phase of Jordan’s proposed 897km national railway network, the country’s transport minister Mr Alaa Batayneh told delegates at the International Union of Railways (UIC) Regional Assembly of the Middle East High Level Conference in Amman on November 5. Tenders will be invited soon for the Dinars 53m ($US 75m) project, which involves constructing a new 22.5km standard-gauge single-track line from the phosphate mine at Eshidiya to join the existing Aqaba Railways Corporation (ARC) line south of Ma’an. ARC’s 1050mm-gauge line from Ma’an to Aqaba will be converted to dual gauge and extended to a new
transhipment terminal south of Aqaba, which will serve the port’s relocated export terminal.
The total cost of building the national network is estimated to be around Dinars 1.9bn.
NTV president steps down
TV, Italy’s open-access high-speed operator, has announced that its founding president, Mr Luca di Montezemolo, has decided to step down. He is being replaced by Dr Antonello Perricone who joins NTV from the publishing world. At the same time, Mr
N
“Shippers save time due to the reduction of container demurrage at border stations.” The system will also save
money. The introduction of the CIM/SMGS note will eliminate extra payments by the customer for re-issuing the CIM consignment note in place of the SMGS note for each shipment at border stations.
Vincenzo Cannatelli ceases to be vice-president although he remains a board member. Montezemolo says he wants to avoid “an excessive personalisation of NTV” and that he needs to devote more time to his other interests. Montezemolo, along with Mr Diego Della Valle, Mr Gianni Punzo, and NTV’s managing director, Mr Giuseppe Sciarrone, were the founding fathers of NTV when it was set up in 2006, and the first three own a third of the shares in the company.
IRJ December 2012
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