April 28, 2017

MRCE sells 32 diesel locomotives

Written by  Quintus Vosman
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MRCE sells 32 diesel locomotives Quintus Vosman

LEASING company Mitsui Rail Capital Europe (MRCE) has sold 32 Vossloh diesel locomotives to Dublin-based RIVE for an undisclosed sum.

The sale includes three G1000s, 25 G1206s, and four G2000s.

MRCE will transfer 26 of the locomotives to Hamburg-based North Rail, which is part of the Paribus Group. North Rail will be responsible for commercial and technical management of the fleet.

The remaining six units - all G1206s registered for operation in France - will be transferred to French company Millet. These locomotives are used by VLFI and RegioRail, and the latter will be responsible for technical management of these units. A further five G1206s from the North Rail allocation will be transferred to Millet soon.

Originally a wagon leasing company, Millet has expanded into locomotive leasing in recent years, acquiring a fleet of G1206s. It has also ordered seven DE 18 diesel locomotives from Vossloh.

The sale leaves MRCE with just one diesel locomotive, a Siemens ER20, which the company is planning to sell.

In 2015 MRCE sold 17 EMD class 66 diesel locomotives and 10 ER 20s. These are now part of the Beacon Rail fleet.

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