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2 clusters · 5 sources · 19 days · First seen · Last updated

Wabtec locomotive support in South Africa

Overview

Wabtec Corporation has entered into a long-term technical and material support agreement with Transnet Engineering in South Africa. Valued at approximately R6.6 billion (roughly US$400 million), the deal focuses on enhancing the reliability of Transnet’s Class 43D and 44D diesel locomotive fleets, which are vital for transporting commodities such as coal, iron ore, and manganese.

The partnership includes the provision of components, technical expertise, and the use of the ‘Expert-on-Alert’ digital condition-monitoring platform to improve maintenance turnaround times. Additionally, the agreement incorporates provisions for knowledge transfer and localization to bolster South Africa’s domestic rail manufacturing and industry skills.

Entities

Guinea · Wabtec Corporation · Simandou · Compagnie du TransGuinéen · Transnet Freight Rail

Timeline

  1. [BUSINESS] 2 sources
    Transnet and Wabtec sign R6.6bn locomotive support deal

    Transnet Engineering and Wabtec have signed a R6.6 billion (US$400 million) deal to improve the reliability and maintenance of South Africa’s Class 43D and 44D locomotive fleets.

  2. [BUSINESS] 3 sources
    Wabtec secures $700 million maintenance contract for Guinea's Simandou project

    Wabtec signed a $700 million maintenance contract with CTG for the Simandou mining project's railway fleet in Guinea, bringing its total project involvement to $1.2 billion.

Sources

cimm.com.br · fameennews.info · freightnews.co.za · industriaminera.cl · voeazul.com.br