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'''Cargolink AS''' is a [[Norway|Norwegian]] [[railway company]]. Owned by the automotive distribution company [[Autolink]], Cargolink has operated both [[autorack]] and [[containerization|container]] trains since November 2008. Cargolink has a fleet of ten diesel locomotives, five shunters, 100 autoracks and 60 container cars.
'''Cargolink AS''' is a [[Norway|Norwegian]] [[railway company]]. Owned by the automotive distribution company [[Autolink]], Cargolink has operated both [[autorack]] and [[containerization|container]] trains since November 2008. Cargolink has a fleet of ten diesel locomotives, five [[shunter]]s, 100 [[autorack]]s and 60 container cars.


Autolink, the largest distributor of automobiles in Norway, has traditionally bought train services from [[CargoNet]]. In 2007, they signed a contract with [[Ofotbanen (company)|Ofotbanen]], and at the same time bought 40% of the company. In July 2008, Autolink terminated the contract with Ofotbanen, and launched their own railway company.
Autolink, the largest distributor of automobiles in Norway, has traditionally bought train services from [[CargoNet]]. In 2007, they signed a contract with [[Ofotbanen (company)|Ofotbanen]], and at the same time bought 40% of the company. In July 2008, Autolink terminated the contract with Ofotbanen, and launched their own railway company.
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==Operation==
==Operation==
[[Image:Ofotbanen AS Z71.JPG|thumb|Cargolink has taken over five shunters from Ofotbanen]]
[[Image:Ofotbanen AS Z71.JPG|thumb|Cargolink has taken over five shunters from Ofotbanen]]
Cargolink has a fleet of five shunters at their port in Drammen,<ref name=dt081025>{{cite web |url=http://dt.no/article/20081025/NYHET/775212101/1234 |author=[[Drammens Tidende]] |title=Byens første togselskap |date=25 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> in addition to ten [[NSB Di 6|Di 6]] diesel locomotives. While the shunters are owned by Cargolink, the locomotives are leased from [[Dispolok]] of Germany.<ref name=dt081217>{{cite web |url=http://dt.no/article/20081217/NYHET/48239890 |author=[[Drammens Tidende]] |title=Premiere for Cargolink |date=17 December 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> It also has more than 100 closed [[autorack]]s for automobile transport,<ref>{{cite web |url=http://www.autolink.no/bedrift/dbaFile5246.html |author=[[Autolink]] |title=Transport |accessdate=24 January 2009 |language=Norwegian}}</ref> and 60 [[containerization|container car]]s. 70 new autoracks are under delivery from Sweden.<ref name=westman>{{cite web |url=http://www.nyteknik.se/nyheter/automation/article43974.ece |author=Westman, Monica |title=Stororder till järnvägsvagn för bilar|work=[[Ny Teknik]] |date=14 May 2007 |accessdate=24 January 2009 |language=Swedish}}</ref>
Cargolink has a fleet of five shunters at their port in Drammen,<ref name=dt081025>{{cite web |url=http://dt.no/article/20081025/NYHET/775212101/1234 |author=[[Drammens Tidende]] |title=Byens første togselskap |date=25 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> in addition to ten [[NSB Di 6|Di 6]] diesel locomotives for main haulage. While the shunters are owned by Cargolink, the locomotives are leased from [[Dispolok]] of Germany.<ref name=dt081217>{{cite web |url=http://dt.no/article/20081217/NYHET/48239890 |author=[[Drammens Tidende]] |title=Premiere for Cargolink |date=17 December 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> It also has more than 100 closed [[autorack]]s for automobile transport,<ref>{{cite web |url=http://www.autolink.no/bedrift/dbaFile5246.html |author=[[Autolink]] |title=Transport |accessdate=24 January 2009 |language=Norwegian}}</ref> and 60 [[containerization|container car]]s. 70 new autoracks are under delivery from Sweden.<ref name=westman>{{cite web |url=http://www.nyteknik.se/nyheter/automation/article43974.ece |author=Westman, Monica |title=Stororder till järnvägsvagn för bilar|work=[[Ny Teknik]] |date=14 May 2007 |accessdate=24 January 2009 |language=Swedish}}</ref>


On contract from Autolink, Cargolink operates autorack trains throughout large portions of the [[Rail transport in Norway|Norwegian railway network]] from the seaports in Drammen and Oslo. Services are provided along the [[Sørland Line]] to [[Sandnes]] and [[Stavanger]], along the [[Bergen Line]] to [[Bergen]], along the [[Dovre Line]] to [[Trondheim]], along the [[Rauma Line]] to [[Åndalsnes]], and along the [[Nordland Line]] to [[Mo i Rana]], [[Mosjøen]] and [[Bodø]].<ref>{{cite web |url=http://www.autolink.no/om/nettverket/ |author=Autolink |title=Nettverket |accessdate=24 January 2009 |language=Norwegian}}</ref> The company transports 55,000 cars annually on 600 trains, giving a revenue of {{NOK|65 million}}. Autolink is responsible for about three quarters of all new-car distribution in the country.<ref>{{cite web |url=http://www.autolink.no/om/ |author=Autolink |title=Om Autolink |accessdate=24 January 2009 |language=Norwegian}}</ref> On the weekly return trips from Northern Norway, Cargolink used the empty cars to transport aluminum from [[Elkem Mosjøen]].<ref name=dt081212>{{cite web |url=http://www.jernbaneverket.no/incoming/article.jhtml?articleID=1896021 |author=Svingheim, Njål |title=Klar til avgang |publisher=[[Norwegian National Rail Administration]] |date=22 December 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref>
On contract from Autolink, Cargolink operates autorack trains throughout large portions of the [[Rail transport in Norway|Norwegian railway network]], from the seaports in Drammen and Oslo. Services are provided along the [[Sørland Line]] to [[Stavanger]], along the [[Bergen Line]] to [[Bergen]], along the [[Dovre Line]] to [[Trondheim]], along the [[Rauma Line]] to [[Åndalsnes]], and along the [[Nordland Line]] to [[Mosjøen]], [[Mo i Rana]] and [[Bodø]].<ref>{{cite web |url=http://www.autolink.no/om/nettverket/ |author=Autolink |title=Nettverket |accessdate=24 January 2009 |language=Norwegian}}</ref> The company transports 55,000 cars annually on 600 trains, giving a revenue of {{NOK|65 million}}. Autolink is responsible for about three quarters of all new-car distribution in the country.<ref>{{cite web |url=http://www.autolink.no/om/ |author=Autolink |title=Om Autolink |accessdate=24 January 2009 |language=Norwegian}}</ref> On the weekly return trips from Northern Norway, Cargolink uses the empty cars to transport aluminum from [[Elkem Mosjøen]].<ref name=dt081212>{{cite web |url=http://www.jernbaneverket.no/incoming/article.jhtml?articleID=1896021 |author=Svingheim, Njål |title=Klar til avgang |publisher=[[Norwegian National Rail Administration]] |date=22 December 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref>


==History==
==History==
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{{main|Ofotbanen (company)}}
{{main|Ofotbanen (company)}}


Autolink has traditionally owned a large pool of autoracks for distribution of new automobiles from their seaports in Drammen and Oslo. These were operated by the [[Norwegian State Railways]], and subsequently their subsidiary [[CargoNet]].<ref name=dt081212>{{cite web |url=http://dt.no/apps/pbcs.dll/article?AID=/20081212/NYHET/929615791 |author=[[Drammens Tidende]] |title=Klar til avgang |date=12 December 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> On 31 January 2007, Autolink bought 40% of the private railway company [[Ofotbanen AS|Ofotbanen]], and transferred the freight contract to them. This made Autolink Ofotbanen's largest customer.<ref>{{cite web |url=http://www.ofotenstidende.no/nyhet.asp?id=297&fs=1 |author=Moe, Kjetil |title=Autolink inn i Ofotbanen AS |work=[[Ofotens Tidende]] |date=19 February 2007 |accessdate=24 January 2009 |language=Norwegian}}</ref> In March, Ofotbanen ordered additional 70 new autoracks for NOK 175 million.<ref name=westman />
Autolink has traditionally owned a large pool of autoracks. These have traditionally been operated by the [[Norwegian State Railways]], and subsequently their subsidiary [[CargoNet]].<ref name=dt081212>{{cite web |url=http://dt.no/apps/pbcs.dll/article?AID=/20081212/NYHET/929615791 |author=[[Drammens Tidende]] |title=Klar til avgang |date=12 December 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> On 31 January 2007, Autolink bought 40% of the private railway company [[Ofotbanen AS|Ofotbanen]], and at the same time signed a haulage contract with them. This made Autolink Ofotbanen's largest customer, and second largest owner.<ref>{{cite web |url=http://www.ofotenstidende.no/nyhet.asp?id=297&fs=1 |author=Moe, Kjetil |title=Autolink inn i Ofotbanen AS |work=[[Ofotens Tidende]] |date=19 February 2007 |accessdate=24 January 2009 |language=Norwegian}}</ref> In March, Autolink ordered additional 70 new autoracks for NOK 175 million.<ref name=westman />


Ofotbanen had since their establishment had economic problems. The contract with Autolink had helped, but in July 2008, Autolink cancelled their contract with Ofotbanen.<ref>{{cite web |url=http://www.ofotenstidende.no/nyhet.asp?id=4046&fs=8 |author=Moe, Kjetil |title=Usikker fremtid for biltogkjøringen |work=[[Ofotens Tidende]] |date=1 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> Two weeks later, Autolink announced that they would establish their own railway company, which they had been working with since April. They stated that the deal with Ofotbanen was discontinued because the majority owner—Rail Management, owned by Michael Steimler—would not allow additional [[private placement]]s of capital, nor sell their shares to Autolink.<ref>{{cite web |url=http://www.fremover.no/lokale_nyheter/article3658637.ece |author=Hansen, Fritz |title=- OBAS går under |work=[[Fremover]] |date=1 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> From 29 July all automotive trains stopped running, and no cars were transported for ten days. The same day, all board members in Ofotbanen from Autolink withdrew their positions.<ref>{{cite web |url=http://dt.no/article/20080722/NYHET/201569392 |author=[[Drammens Tidende]] |title=Autolink i bitter togkrig |date=22 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref>
Ofotbanen had since their establishment had financial difficulties. The contract with Autolink had helped, but in July 2008, Autolink canceled their contract with Ofotbanen.<ref>{{cite web |url=http://www.ofotenstidende.no/nyhet.asp?id=4046&fs=8 |author=Moe, Kjetil |title=Usikker fremtid for biltogkjøringen |work=[[Ofotens Tidende]] |date=1 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> Two weeks later, Autolink announced that they would establish their own railway company, which they had been working with since March. They stated that the deal with Ofotbanen was discontinued because the majority owner—Rail Management, owned by Mons Bolin—would not allow additional private placements of capital, nor sell their shares to Autolink.<ref>{{cite web |url=http://www.fremover.no/lokale_nyheter/article3658637.ece |author=Hansen, Fritz |title=- OBAS går under |work=[[Fremover]] |date=1 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> From 29 July, all automotive trains stopped running, and no cars were transported for ten days. The same day, all board members in Ofotbanen representing Autolink withdrew from their positions.<ref>{{cite web |url=http://dt.no/article/20080722/NYHET/201569392 |author=[[Drammens Tidende]] |title=Autolink i bitter togkrig |date=22 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref>


The matter ended in court, regarding the matter of if Autolink should be allowed to take control over four train radios that were located in locomotives owned by Autolink, but operated by Ofotbanen. In a shareholder agreement between Autolink and Rail Management, the ownership of the train radios had been transferred to Autolink, but the agreement has clauses that specified that Autolink could not start a competing railway company. Stating that Autolink had behaved disloyal with regard to the contract, [[Ofoten District Court]] ruled on 17 July 2008 against Autolink's demand for an interim order to transfer the ownership to Autolink.<ref name=martinsen>{{cite web |url=http://www.nrk.no/nyheter/distrikt/nordland/1.6144085 |author=Martinsen, Gerd Elise |title=Ofotbanen fikk medhold |publisher=[[Norwegian Broadcasting Corporation|NRK Nordland]] |date=17 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> The court ruled that an interim decision could not be made due to the complexity of the contracts, and that a normal lawsuit would have to be carried out to determine the matter. What was agreed upon was that Autolink on 13 February 2008 had bought five [[shunter]]s from Ofotbanen for NOK 12 million, of which NOK 9.5 million was payed by Autolink deleting debt.<ref>{{cite web |url=http://www.ofotenstidende.no/nyhet.asp?id=4200 |author=Berg, Hilde |title=Må gå gjennom avtalene |work=[[Ofotens Tidende]] |date=26 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref>
The matter ended in court, in particular regarding if Autolink should be allowed to take control over four train radios that were located in locomotives owned by Autolink, but operated by Ofotbanen. In a shareholder agreement between Autolink and Rail Management, the ownership of the train radios had been transferred to Autolink, but the agreement has clauses that specified that Autolink could not start a competing railway company. Stating that Autolink had behaved disloyal in regard to the contract, [[Ofoten District Court]] ruled on 17 July 2008 against Autolink's demand for an interim order to transfer the ownership of the radios to Autolink.<ref name=martinsen>{{cite web |url=http://www.nrk.no/nyheter/distrikt/nordland/1.6144085 |author=Martinsen, Gerd Elise |title=Ofotbanen fikk medhold |publisher=[[Norwegian Broadcasting Corporation|NRK Nordland]] |date=17 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> The court ruled that an interim decision could not be made due to the complexity of the contracts, and that a normal lawsuit would have to be carried out to determine the matter. There was agreement that Autolink, on 13 February 2008, had bought five [[shunter]]s from Ofotbanen for NOK 12 million, of which NOK 9.5 million was payed by Autolink deleting debt.<ref>{{cite web |url=http://www.ofotenstidende.no/nyhet.asp?id=4200 |author=Berg, Hilde |title=Må gå gjennom avtalene |work=[[Ofotens Tidende]] |date=26 July 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref>


Ofotbanen lost their license from the [[Norwegian Railway Inspectorate]] on 7 October 2008 at 12:00. This was because Ofotbanen had not documented necessary accounts for 2007, nor provided evidence of necessary liquidity.<ref>{{cite web |url=http://www.jernbanetilsynet.no/Nyhetsarkiv/Tilsynet-varsler-tilbakekall-av-lisens-for-Ofotbanen/ |author=[[Norwegian Railway Inspectorate]] |title=Tilsynet varsler tilbakekall av lisens for Ofotbanen |date=7 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> On 24 October, the company was declared bankrupt.<ref>{{cite web |url=http://w2.brreg.no/kunngjoring/hent_en.jsp?kid=20080000472060&sokeverdi=983431879 |author=[[Brønnøysund Register Centre]] |title=Konkurs - åpning |date=28 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref><ref>{{cite web |url=http://www.ht.no/incoming/article191150.ece |author=Godø, Knut |title=Ofotbanen konkurs |work=[[Harstad Tidende]] |date=24 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> Rail Management subsequently established the new company Ofotbanen Drift, and stated that the cause of the bankruptcy was that Autolink had not let them make a private placement of NOK 10 million.<ref>{{cite web |url=http://www.fremover.no/lokale_nyheter/article3876005.ece |author=Fremover |title=Starter på nytt |date=24 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref>
Ofotbanen lost their license from the [[Norwegian Railway Inspectorate]] on 7 October 2008 at 12:00. This was because Ofotbanen had not documented necessary accounts for 2007, nor provided evidence of necessary liquidity.<ref>{{cite web |url=http://www.jernbanetilsynet.no/Nyhetsarkiv/Tilsynet-varsler-tilbakekall-av-lisens-for-Ofotbanen/ |author=[[Norwegian Railway Inspectorate]] |title=Tilsynet varsler tilbakekall av lisens for Ofotbanen |date=7 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> On 24 October, the company was declared bankrupt.<ref>{{cite web |url=http://w2.brreg.no/kunngjoring/hent_en.jsp?kid=20080000472060&sokeverdi=983431879 |author=[[Brønnøysund Register Centre]] |title=Konkurs - åpning |date=28 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref><ref>{{cite web |url=http://www.ht.no/incoming/article191150.ece |author=Godø, Knut |title=Ofotbanen konkurs |work=[[Harstad Tidende]] |date=24 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref> Rail Management subsequently established the new company Ofotbanen Drift, and stated that the cause of the bankruptcy was that Autolink had not let them make a private placement of NOK 10 million.<ref>{{cite web |url=http://www.fremover.no/lokale_nyheter/article3876005.ece |author=Fremover |title=Starter på nytt |date=24 October 2008 |accessdate=24 January 2009 |language=Norwegian}}</ref>


===Establishment===
===Establishment===
Work with establishing the new company was initiated by Autolink in March 2008, with the company formally established on 27 March.<ref>{{cite web |url=http://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=991391746 |author=[[Brønnøysund Register Centre]] |title=Cargolink AS |accessdate=24 January 2009 |language=Norwegian}}</ref><ref name=martinsen /> It received an operating license from the Norwegian Railway Inspectorate on 18 September 2008.<ref>{{cite web |url=http://www.jernbanetilsynet.no/Jernbanevirksomheter/?object=270 |author=[[Norwegian Railway Inspectorate]] |title=CargoLink AS |accessdate=24 January 2009 |language=Norwegian}}</ref> Five shunters that were operated by Ofotbanen, but owned by Autolink, were transferred to Cargolink. In addition, ten Siemens [[NSB Di 6|Di 6]] diesel locomotives have been leased from [[Dispolok]], with options for later purchase.<ref name=dt081025 /> Operations started on 2 November, with 22 engineers based in Drammen.<ref name=dt081212 /> Since the company has an all-diesel fleet, management is working to reroute trains to [[Trondheim]] and [[Northern Norway]] along the [[Røros Line]] instead of the [[Dovre Line]]. CargoNet and Ofotbanen had been using the Dovre Line because it is electrified, giving lower operating costs despite it being {{convert|350|m|ft|abbr=on}} higher elevated than the Røros Line. After initial trial runs with only three locomotives, full service was introduced later in November.<ref name=dt081217 />
Work with establishing the new company was initiated by Autolink in March 2008, with the company formally established on 27 March.<ref>{{cite web |url=http://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=991391746 |author=[[Brønnøysund Register Centre]] |title=Cargolink AS |accessdate=24 January 2009 |language=Norwegian}}</ref><ref name=martinsen /> It received an operating license from the Norwegian Railway Inspectorate on 18 September 2008.<ref>{{cite web |url=http://www.jernbanetilsynet.no/Jernbanevirksomheter/?object=270 |author=[[Norwegian Railway Inspectorate]] |title=CargoLink AS |accessdate=24 January 2009 |language=Norwegian}}</ref> Five shunters that were operated by Ofotbanen, but owned by Autolink, were transferred to Cargolink. In addition, ten [[NSB Di 6|Di 6]] diesel locomotives have been leased from [[Vossloh]], with options for later purchase.<ref name=dt081025 /> Operations started on 2 November, with 22 engineers based in Drammen.<ref name=dt081212 /> Since the company has an all-diesel fleet, management is working to reroute trains to [[Trondheim]] and [[Northern Norway]] along the [[Røros Line]] instead of the [[Dovre Line]]. CargoNet and Ofotbanen had been using the Dovre Line because it is electrified, giving lower operating costs despite it being {{convert|350|m|ft|abbr=on}} higher elevated than the Røros Line. After initial trial runs with only three locomotives, full service was introduced later in November.<ref name=dt081217 />


==References==
==References==

Revision as of 09:33, 26 January 2009

Cargolink AS
Company typeSubsidiary
IndustryFreight trains
Founded27 March 2008
Headquarters
Drammen
,
Norway
Area served
Norway
ParentAutolink AS

Cargolink AS is a Norwegian railway company. Owned by the automotive distribution company Autolink, Cargolink has operated both autorack and container trains since November 2008. Cargolink has a fleet of ten diesel locomotives, five shunters, 100 autoracks and 60 container cars.

Autolink, the largest distributor of automobiles in Norway, has traditionally bought train services from CargoNet. In 2007, they signed a contract with Ofotbanen, and at the same time bought 40% of the company. In July 2008, Autolink terminated the contract with Ofotbanen, and launched their own railway company.

Operation

Cargolink has taken over five shunters from Ofotbanen

Cargolink has a fleet of five shunters at their port in Drammen,[1] in addition to ten Di 6 diesel locomotives for main haulage. While the shunters are owned by Cargolink, the locomotives are leased from Dispolok of Germany.[2] It also has more than 100 closed autoracks for automobile transport,[3] and 60 container cars. 70 new autoracks are under delivery from Sweden.[4]

On contract from Autolink, Cargolink operates autorack trains throughout large portions of the Norwegian railway network, from the seaports in Drammen and Oslo. Services are provided along the Sørland Line to Stavanger, along the Bergen Line to Bergen, along the Dovre Line to Trondheim, along the Rauma Line to Åndalsnes, and along the Nordland Line to Mosjøen, Mo i Rana and Bodø.[5] The company transports 55,000 cars annually on 600 trains, giving a revenue of 65 million kr. Autolink is responsible for about three quarters of all new-car distribution in the country.[6] On the weekly return trips from Northern Norway, Cargolink uses the empty cars to transport aluminum from Elkem Mosjøen.[7]

History

Main article: Ofotbanen (company)

Autolink has traditionally owned a large pool of autoracks. These have traditionally been operated by the Norwegian State Railways, and subsequently their subsidiary CargoNet.[7] On 31 January 2007, Autolink bought 40% of the private railway company Ofotbanen, and at the same time signed a haulage contract with them. This made Autolink Ofotbanen's largest customer, and second largest owner.[8] In March, Autolink ordered additional 70 new autoracks for NOK 175 million.[4]

Ofotbanen had since their establishment had financial difficulties. The contract with Autolink had helped, but in July 2008, Autolink canceled their contract with Ofotbanen.[9] Two weeks later, Autolink announced that they would establish their own railway company, which they had been working with since March. They stated that the deal with Ofotbanen was discontinued because the majority owner—Rail Management, owned by Mons Bolin—would not allow additional private placements of capital, nor sell their shares to Autolink.[10] From 29 July, all automotive trains stopped running, and no cars were transported for ten days. The same day, all board members in Ofotbanen representing Autolink withdrew from their positions.[11]

The matter ended in court, in particular regarding if Autolink should be allowed to take control over four train radios that were located in locomotives owned by Autolink, but operated by Ofotbanen. In a shareholder agreement between Autolink and Rail Management, the ownership of the train radios had been transferred to Autolink, but the agreement has clauses that specified that Autolink could not start a competing railway company. Stating that Autolink had behaved disloyal in regard to the contract, Ofoten District Court ruled on 17 July 2008 against Autolink's demand for an interim order to transfer the ownership of the radios to Autolink.[12] The court ruled that an interim decision could not be made due to the complexity of the contracts, and that a normal lawsuit would have to be carried out to determine the matter. There was agreement that Autolink, on 13 February 2008, had bought five shunters from Ofotbanen for NOK 12 million, of which NOK 9.5 million was payed by Autolink deleting debt.[13]

Ofotbanen lost their license from the Norwegian Railway Inspectorate on 7 October 2008 at 12:00. This was because Ofotbanen had not documented necessary accounts for 2007, nor provided evidence of necessary liquidity.[14] On 24 October, the company was declared bankrupt.[15][16] Rail Management subsequently established the new company Ofotbanen Drift, and stated that the cause of the bankruptcy was that Autolink had not let them make a private placement of NOK 10 million.[17]

Establishment

Work with establishing the new company was initiated by Autolink in March 2008, with the company formally established on 27 March.[18][12] It received an operating license from the Norwegian Railway Inspectorate on 18 September 2008.[19] Five shunters that were operated by Ofotbanen, but owned by Autolink, were transferred to Cargolink. In addition, ten Di 6 diesel locomotives have been leased from Vossloh, with options for later purchase.[1] Operations started on 2 November, with 22 engineers based in Drammen.[7] Since the company has an all-diesel fleet, management is working to reroute trains to Trondheim and Northern Norway along the Røros Line instead of the Dovre Line. CargoNet and Ofotbanen had been using the Dovre Line because it is electrified, giving lower operating costs despite it being 350 m (1,150 ft) higher elevated than the Røros Line. After initial trial runs with only three locomotives, full service was introduced later in November.[2]

References

  1. ^ a b Drammens Tidende (25 October 2008). "Byens første togselskap" (in Norwegian). Retrieved 24 January 2009.
  2. ^ a b Drammens Tidende (17 December 2008). "Premiere for Cargolink" (in Norwegian). Retrieved 24 January 2009.
  3. ^ Autolink. "Transport" (in Norwegian). Retrieved 24 January 2009.
  4. ^ a b Westman, Monica (14 May 2007). "Stororder till järnvägsvagn för bilar". Ny Teknik (in Swedish). Retrieved 24 January 2009.
  5. ^ Autolink. "Nettverket" (in Norwegian). Retrieved 24 January 2009.
  6. ^ Autolink. "Om Autolink" (in Norwegian). Retrieved 24 January 2009.
  7. ^ a b c Svingheim, Njål (22 December 2008). "Klar til avgang" (in Norwegian). Norwegian National Rail Administration. Retrieved 24 January 2009. Cite error: The named reference "dt081212" was defined multiple times with different content (see the help page).
  8. ^ Moe, Kjetil (19 February 2007). "Autolink inn i Ofotbanen AS". Ofotens Tidende (in Norwegian). Retrieved 24 January 2009.
  9. ^ Moe, Kjetil (1 July 2008). "Usikker fremtid for biltogkjøringen". Ofotens Tidende (in Norwegian). Retrieved 24 January 2009.
  10. ^ Hansen, Fritz (1 July 2008). "- OBAS går under". Fremover (in Norwegian). Retrieved 24 January 2009.
  11. ^ Drammens Tidende (22 July 2008). "Autolink i bitter togkrig" (in Norwegian). Retrieved 24 January 2009.
  12. ^ a b Martinsen, Gerd Elise (17 July 2008). "Ofotbanen fikk medhold" (in Norwegian). NRK Nordland. Retrieved 24 January 2009.
  13. ^ Berg, Hilde (26 July 2008). "Må gå gjennom avtalene". Ofotens Tidende (in Norwegian). Retrieved 24 January 2009.
  14. ^ Norwegian Railway Inspectorate (7 October 2008). "Tilsynet varsler tilbakekall av lisens for Ofotbanen" (in Norwegian). Retrieved 24 January 2009.
  15. ^ Brønnøysund Register Centre (28 October 2008). "Konkurs - åpning" (in Norwegian). Retrieved 24 January 2009.
  16. ^ Godø, Knut (24 October 2008). "Ofotbanen konkurs". Harstad Tidende (in Norwegian). Retrieved 24 January 2009.
  17. ^ Fremover (24 October 2008). "Starter på nytt" (in Norwegian). Retrieved 24 January 2009.
  18. ^ Brønnøysund Register Centre. "Cargolink AS" (in Norwegian). Retrieved 24 January 2009.
  19. ^ Norwegian Railway Inspectorate. "CargoLink AS" (in Norwegian). Retrieved 24 January 2009.
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