Archive 2026

We are sad to announce the passing yesterday, at the age of 93, of Professor Sir Royston Goode KC, Emeritus Professor of Commercial Law at the University of Oxford and at Queen Mary University of London.

Export Credit Agencies (ECAs) from OECD States, at their annual CSO consultation meeting in Paris, were today strongly urged to extend to railway rolling stock the risk premium discount of up to 10% they already provide in relation to aircraft finance where the Cape Town Convention (CTC) applies, as momentum grows behind the Luxembourg Rail Protocol as a tool to support more competitive financing for rail exports.

The Rail Working Group (RWG) today welcomes the formal accession of the Democratic Republic of Congo (DRC) to the Luxembourg Rail Protocol to the Cape Town Convention, a significant milestone for rail finance across Southern and Central Africa.

The 19th Annual General Meeting took place on 19th May at the Stadler head office in Bussnang, in eastern Switzerland. Members attending in person were given a detailed presentation about Stadler including a personal guided tour around the factories.

In a new joint position paper, Helvetia Global Solutions Ltd and the Rail Working Group highlight how the Luxembourg Rail Protocol can help insurers better understand, assess and manage risks linked to railway rolling stock.

The UNECE Working Party on Rail Transport yesterday published the 3rd Revision of the UN Model Rules for the Permanent Identification of railway rolling stock. This includes a new Appendix 3 which provides for the incorporation of the globally unique 16 digit URVIS (Unique Rail Vehicle Identification System) numbers onto digital platforms.