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News and information for our customers.

In the following, you will find current press releases and articles published in the media.

MRCE sells 27 diesel locomotives to Beacon - October 2015

UK based locomotive leasing company Beacon Rail Leasing (‘Beacon’) and locomotive leasing and servicing company Mitsui Rail Capital Europe (‘MRCE’), recently concluded the sales and purchase agreement for 27 diesel locomotives. The locomotives are between 8 and 12 years old and were sold with lease contracts to various rail cargo operators in place.

 

The fleet includes 17 EMD Class 66 locomotives and 10 Siemens ER20 locomotives and they are operated throughout continental Europe. The deal includes all rights and obligations under the existing active lease contracts and strengthens the strategic position of both companies.

 

“For more than 10 years we have had a strong position in the European railway market.” stated Masayoshi Hosoya, CEO of MRCE. “This strong position comes from differentiated technical expertise and strong relationships with our clients. Those strengths have been helping us to build a portfolio which is prepared for the future. MRCE is constantly working on improving its services and locomotive fleet and for this reason we decided to sell these locomotives and to invest in core assets. With this transaction we believe we are creating a win-win situation for both companies involved. It allows MRCE to focus more on enhancing our core competencies of technical services and capturing the fast-growing demand of the locomotive lease market.”

MRCE orders Vectron locomotives - September 2015

  • Further ten Vectron AC and eleven Vectron MS
  • MRCE owns 56 Vectron locomotives

On September 30th 2015, Mitsui Rail Capital Europe B.V. (MRCE) has ordered 21 additional Vectron locomotives from Siemens. Ten of these locomotives are of the AC version for operation in Germany and Austria. The other eleven locomotives are equipped as multi-system locomotives and will be operated in Germany, Austria and Italy. All Vectron locomotives will be manufactured in the Munich-Allach locomotive plant. The first locomotives were preproduced and have already been handed over to MRCE by Siemens. With this new order MRCE will now own a fleet of 56 Vectron locomotives.

 

Masayoshi Hosoya, CEO of MRCE, said: "We have been providing multi-system cross border locomotives to our clients since 207. With this new order of Vectron multi-system locomotives we are able to respond to our customers' needs with much greater flexibility."

 

"This new order from MRCE shows that we have one locomotive in our portfolio - the Vectron - that more than meets the demands of our customers in their day-to-day operations. And by keeping locomotives on stock we are able to fulfill orders even faster. This is a unique selling point in the industry", said Jochen EIckholt, CEO of Siemens Mobility Division.

 

The ordered locomotives are due to be deployed in cross-border services between Germany and Austria, and between Germany, Austria and Italy. In addition to the national train protection system, all these vehicles will be equipped with the European Train Control System (ETCS). The locomotives have a maximum power output of 6,400 kW and a top speed of 160 km/h.

MRCE's CEO

 

Mr. Hosoya joined Mitsui in 1983. He took charge of project development and finance arrangement & implementation in South East Asia until 1992. Until 2000, he worked on an assignment at Mitsui Manila in business development and investment with Toyota, Denso, NEC, Furukawa Electric and Siemens for transportation and communications fields.  After he worked at the head quarter for project development for Asian countries, such as Indonesia and Thailand from 2000 to 2004, Mr. Hosoya took the role of General Manager of Mitsui/Ankara to develop energy, power and transportation infrastructure projects. Here he closed several transactions, including the arrangement of a concessional financing package for the Treasury of Turkey.

Mr. Hosoya dedicated himself to establish a Mitsui affiliated infrastructure fund. This resulted in the Emerging Market Infrastructure Fund (EMIF) in Singapore. He managed the EMIF as the CEO from 2008 to 2012. 

 

Mr. Hosoya, the CEO and Managing Director of MRCE:

“MRCE seeks to contribute to a high quality of life in the region by providing innovative and environmentally friendly rail solution.”

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