{"id":3033,"date":"2026-06-23T12:20:41","date_gmt":"2026-06-23T10:20:41","guid":{"rendered":"https:\/\/ailsf.ch\/?p=3033"},"modified":"2026-06-23T16:25:39","modified_gmt":"2026-06-23T14:25:39","slug":"serv-insurance-solution-completed-for-stadler-project-in-turkey","status":"publish","type":"post","link":"https:\/\/ailsf.ch\/en\/serv-insurance-solution-completed-for-stadler-project-in-turkey\/","title":{"rendered":"SERV Insurance Solution Completed for Stadler Project in Turkey"},"content":{"rendered":"
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AIL successfully advised and supported Stadler in structuring and implementing a comprehensive insurance package in connection with a landmark locomotive supply project for TCDD Ta\u015f\u0131mac\u0131l\u0131k A.\u015e. (TCDDT), Turkey\u2019s state-owned railway company.<\/strong><\/em><\/p>\n\n\n\n

Under the contract, Stadler will deliver 35 six-axle diesel-electric EURO4001 locomotives to TCDDT. Designed for heavy freight operations on non-electrified routes and demanding gradients, the EURO4001 is among the most advanced and powerful diesel-electric freight locomotives currently available in Europe. The locomotives will be engineered and manufactured at Stadler\u2019s facility in Valencia, Spain, the company\u2019s centre of competence for locomotive production. <\/p>\n\n\n\n

Supporting the Modernisation of Turkey\u2019s Rail Freight Sector<\/strong><\/p>\n\n\n\n

Turkey is strengthening its position as a strategic rail freight corridor linking Europe, Asia and the Middle East. As part of the country\u2019s efforts to expand rail freight transport and enhance its role as an international logistics hub, significant investments are being made in railway infrastructure and rolling stock. The modernisation of the locomotive fleet is a key element of this strategy. <\/p>\n\n\n\n

The EURO4001 locomotive is the diesel-powered member of Stadler\u2019s successful EURODUAL platform. Equipped with state-of-the-art European emission Stage V-compliant engines, it combines high performance with reduced emissions and improved fuel efficiency. With a power output of up to 3 MW and exceptional traction capabilities, the EURO4001 is ideally suited for demanding freight operations. More than 400 locomotives of the platform have already been sold worldwide. <\/p>\n\n\n\n

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Tailor-made SERV Insurance Package<\/strong><\/p>\n\n\n\n

Given the project\u2019s long delivery period of more than 40 months, Stadler sought to mitigate key political and commercial risks through cover provided by the Swiss Export Risk Insurance (SERV).<\/p>\n\n\n\n

AIL structured and implemented a tailor-made insurance solution comprising:<\/p>\n\n\n\n

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  • SERV pre-shipment risk insurance, covering the risk that production, completion or delivery becomes impossible or unreasonable due to covered political events; and<\/li>\n<\/ul>\n\n\n\n

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    • SERV payment risk insurance, protecting Stadler against the risk of non-payment by the buyer.<\/li>\n<\/ul>\n<\/div>\n\n\n\n
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      \"\"<\/figure>\n\n\n\n

      EURO4001 Locomotive, Source Image: Stadler<\/p>\n<\/div>\n<\/div>\n\n\n\n

      In addition, Stadler is required to issue advance payment and performance bank guarantees in favour of TCDDT under the supply contract. To address the associated risks, AIL also arranged SERV contract bond insurance for the benefit of Stadler, providing protection against unfair calling as well as against fair calling of contractual bank guarantees resulting from Stadler\u2019s inability to perform due to covered political risks. <\/p>\n\n\n\n

      AIL\u2019s Role<\/strong><\/p>\n\n\n\n

      AIL acted as advisor to Stadler throughout the transaction, assisting with the design, negotiation and implementation of the SERV insurance package. The solution enables Stadler to effectively manage the project\u2019s risk profile and supports the successful execution of this strategically important export transaction. <\/p>\n<\/div>\n<\/div>\n\n<\/div>\t\t\n <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":3023,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-unkategorisiert"],"acf":[],"_links":{"self":[{"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/posts\/3033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/comments?post=3033"}],"version-history":[{"count":5,"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/posts\/3033\/revisions"}],"predecessor-version":[{"id":3043,"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/posts\/3033\/revisions\/3043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/media\/3023"}],"wp:attachment":[{"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/media?parent=3033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/categories?post=3033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ailsf.ch\/en\/wp-json\/wp\/v2\/tags?post=3033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}