Latin America: Liebherr Mobile Harbor Cranes are in Demand
In 2011 Liebherr-Werk Nenzing can report a run on its Mobile Harbor Cranes. 100% increase in sales compared to 2010 illustrates that the demand for sustainable investment in cargo handling equipment is still unbroken. Until the end of this year a total of 25 Mobile Harbour Cranes will be delivered to various customers throughout the Americas, 18 machines to Latin America and further 7 machines to Canada and the US. Brazil once again was the key market in the area. With 12 Mobile Harbor Cranes delivered in 2011 the population has grown to 42 machines, making Liebherr the unchallenged market leader in the biggest economy on the continent. Impressive is not only the number, but also the diversity of sales with regards to models and application.
Keppel Wins $400M Power Contract
Keppel FELS Energy has won a “take-or-pay” contract to supply electricity in northeastern Brazil. The Power Purchase Agreement (PPA) was signed between Nordeste Generation Ltda, Keppel FELS Energy’s wholly-owned subsidiary in Brazil, and Commercializadora Brasileira de Energia Emergencial (CBEE) on January 10, 2002. The PPA is on a take-or-pay basis and payments are indexed to the US Dollar, with fuel cost as a pass-through. Based on estimated contract capacities, the total revenue for the contract period is expected to exceed $400 million. The Brazilian government will guarantee all obligations of CBEE under the PPA. Under the PPA, Nordeste Generation Ltda will install and operate a 190MW Barge Mounted Power Plant at the Port of Aratu, Salvador in northeastern Brazil.
