. Space Industry and Business News .




.
FAST TRACK
China train maker wins orders despite crash
by Staff Writers
Shanghai (AFP) April 17, 2012


China's CSR Corp, whose parent made the trains involved in a deadly crash last year, said Tuesday it had won 3.3 billion yuan ($524 million) in orders that include supplying the Beijing metro.

Among the four orders, the company will also supply carriages to Hong Kong's MTR, which operates the rapid transit railway in the former British colony, CSR said in a statement to the Hong Kong stock exchange.

The company is listed in both Hong Kong and Shanghai.

Other contracts include the sale of metro trains to the eastern city of Wuxi and an order for freight cars for a domestic port company, it said.

The parent of the company -- state-owned CSR Group -- made the bullet trains involved in a collision near China's eastern city of Wenzhou last July, which killed at least 40 people and injured hundreds.

China has built the world's largest high-speed rail system from scratch in less than a decade, but the ministry has been accused of overlooking safety in its rush to develop the country's vast transport network.

In the weeks following the accident, authorities announced a halt to new train projects and introduced new speed restrictions on bullet train lines.

An accident report released late last year blamed design flaws and poor management for the crash, which sparked public fury and worries over the safety of the nation's rail system.

The government said previously more than 50 people would be punished for the disaster.

Related Links
Great Train Journey's of the 21st Century




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



FAST TRACK
Building lightweight trains
Pfinztal, Germany (SPX) Mar 30, 2012
The less trains weigh, the more economical they are to run. A new material capable of withstanding even extreme stresses has now been developed. It is suitable for a variety of applications, not least diesel engine housings on trains - and it makes these components over 35 percent lighter than their steel and aluminum counterparts. In their efforts to render cars and trains more economical ... read more


FAST TRACK
New Technique Helps Ensure Reliability of Microelectronic Devices, PV Cells and MEMS Applications

Topological Transitions In Metamaterials

Raytheon Delivers US Navy's First Dual-Frequency Sonar

More 'mini-iPad' rumors surface

FAST TRACK
Fourth Boeing-built WGS Satellite Accepted by USAF

Raytheon to Continue Supporting Coalition Forces' Information-Sharing Computer Network

Northrop Grumman Wins Contract for USAF Command and Control Modernization Program

TacSat-4 Enables Polar Region SatCom Experiment

FAST TRACK
Canadarm2 to Catch SpaceX's Dragon on Its Maiden Voyage to the ISS

How to Buy a Launch Vehicle

'Good chance' for SpaceX April 30 launch to ISS: NASA

Dragon Expected to Set Historic Course

FAST TRACK
Lockheed Martin and Raytheon Complete Major GPS Integration Milestone

New Technology Tracks Sparrow Migration for First Time from California to Alaska

Galileo satellites intensify competition on the market of navigation

Hardware 'bug' hits TomTom nav devices

FAST TRACK
Boeing Celebrates 4,000th Next-Generation 737

Bats save energy by drawing in wings on upstroke

Air tax feud may affect climate change talks: US envoy

Dutch plan to gas troublesome airport geese

FAST TRACK
UWM discovery advances graphene-based electronics

New X-ray technique reveals structure of printable electronics

Intel earnings beat expectations

Raytheon Seeks to Triple Gallium Nitride Capabilities

FAST TRACK
FCC drops Google 'Street View' investigation

Envisat services interrupted

ITT Exelis delivers imaging system for next-generation, high-resolution GeoEye-2 satellite

Biggest environment satellite goes silent

FAST TRACK
Huge tyre fire causes Kuwait 'catastrophe'

Black carbon ranked number two climate pollutant by US EPA

35,000 gallons of prevention

State of the planet


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement