Bestway Finance is registered in Hong Kong. Mining company Aust-Sino is based in Australia, but some of its board members have close links to China, according to its website.
For shipments between Northern Africa and Central Asia, it is usual for cargo to reach Russian Black Sea ports before onboarding the train to its final destination. That is why the specific service is a newcomer to the market.
As Britain faces unprecedented economic and environmental challenges, new independent research shows the value of rail freight in levelling up the nation’s economy and supporting a green recovery from Covid. The total economic and social benefits of rail freight are valued at £2.5bn annually with the areas benefiting most including […]
Turkey has sent off the first batch of tank cars to be used for oil and fuel transportation by the Iraq Republic Railways, the country’s national railway operator. The delivery started on Saturday on the sidelines of a visit by Industry and Technology Minister Mustafa Varank in the northwestern Kocaeli’s […]
AWASH, Ethiopia, (Xinhua) — The Ethiopian government on Sunday launched the construction of a Chinese-contracted railway project that is expected to improve petroleum cargo services in the East African country. Ethiopia, a landlocked country highly dependent on imported-petroleum products, laid the cornerstone of the railway project connecting the central Ethiopian […]