Cargotec, JCE Invest AB Form Joint Bulk Business
Cargotec has signed an agreement with JCE Invest AB to establish a joint venture, Bruks Siwertell Group, specialised in dry bulk handling. The new joint venture will own Siwertell AB (previously part of Kalmar Business Area within Cargotec) and BRUKS Holding AB (previously part of JCE Group). Both companies are world-leading suppliers of bulk materials handling solutions. Cargotec will own 48% of the shares in Bruks Siwertell Group, and JCE Invest AB will own the rest, 52%. The ownerships are included to venturers' consolidated financial statements in accordance with the applicable regulation.
Digital Transformation of Maritime Freight to Reach USD 205bln by 2023
New digitization solutions, such as big data, blockchain, automation, drones, and robotics, are enabling the maritime freight industry to introduce game-changing approaches that will significantly reduce or eliminate non-value-added activities. Over the next five years, maritime suppliers across the value chain will increasingly adopt solutions to address security, overcapacity and accurate cost models, according to new research from ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies.
Kalmar FastCharge Shuttle Carrier at DP World London Gateway
Kalmar, part of Cargotec, and DP World London Gateway are celebrating the successful introduction into service of an electrically powered Kalmar FastCharge(TM) shuttle carrier, as part of a joint pilot project that will run for approximately six to 12 months. Kalmar has enjoyed a long and successful relationship with DP World, a leading global operator of marine and inland terminals. A semi-automated facility, DP World London Gateway is one of the most advanced deep-sea terminals in the world and is strategically located close to the United Kingdom's biggest consumption centre.
DP World Jeddah Upgrades to Navis N4
Navis, a part of Cargotec Corporation, announced that DP World Jeddah has upgraded from Navis SPARCS to N4 3.5 terminal operating system (TOS). The implementation of the updated TOS is a move by the terminal to leverage the latest technology to meet continuous customer service demands and address the need for increasing operational support as incoming cargo volume rises. DP World operates the South Container Terminal (SCT) at Jeddah Islamic Port, a crucial link in the world’s busiest East-West trade routes through the Red Sea and catering to a rich domestic cargo base. The port is the main import destination for Saudi Arabia, handling 59 percent of its imports by sea and serving its main commercial centers.
Kalmar and HHLA in Straddle Carrier Pact
Kalmar, part of Cargotec, has concluded a deal with Hamburger Hafen und Logistik AG (HHLA), the leading European port and transport logistics group, to supply a total of 10 new straddle carriers.This brings the total number of Kalmar straddle carriers ordered by HHLA in the last two years to 30, further demonstrating the strong relationship with Kalmar and the company's commitment to Kalmar equipment. The order was booked in Cargotec's 2018 third quarter order intake, with delivery scheduled to take place in Q1 2019.
Maritime Tech Trends Digital
With digitalization technologies sweeping through maritime, Henrik Segercrantz, Maritime Reporter’s correspondent in Helsinki, explores latest developments in the quest to harness the power of 'big data.'Wärtsilä's Smart Marine EcosystemWärtsilä continues to build its leadership resume in marine and energy markets, boasting net sales of $5.7 billion last year, supported by 18,000 employees with operations in more than 80 countries. Increasingly Wärtsilä is using ‘smart’ technologies in its growing scope of products for the maritime industry…
Kalmar to Supply SmartPower RTGs to Port of Buatan
Kalmar, part of Cargotec, has concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three Kalmar SmartPower rubber-tyred gantry cranes (RTGs) for its container yard at the Port of Buatan in Indonesia. The order was booked in Cargotec's 2018 first quarter order intake and delivery is scheduled to take place towards the end of Q4 2018. RAPP, a subsidiary of APRIL Group - one of the world's leading producers of pulp and fine papers - operates a pulp and paper mill in Riau Province on the Indonesian island of Sumatra.
Kalmar Sells Rough Terrain Handling Business
Kalmar, part of Cargotec, has signed an agreement to sell its rough terrain handling business, Kalmar Rough Terrain Center (KRTC), to the management and a Texas-based investment group, led by Independent Bankers Capital Funds (IBCF) and Congruent Investment Partners, LLC (Congruent). The contract was signed and is effective as of 29 June 2018. Kalmar Rough Terrain Center is a specialised manufacturer of rough terrain material handling equipment for both the defense and commercial markets. It is also a manufacturer and distributor of parts and a service provider to existing equipment.
Kalmar Fleet Solution for Australian Container Freight Services
Kalmar, part of Cargotec, has won an order to provide Kalmar Fleet Solution of mobile equipment to Australian Container Freight Services (ACFS) operations in Adelaide, Fremantle and Melbourne.This order, comprising a total of three units of DCG100 Empty Container Handlers and two units of DRG450- Reachstackers, has been booked into Cargotec 2018 Q2 order intake.ACFS is the largest privately owned Container Logistics operator in Australia. With extensive knowledge and experience across the warehousing, transport and freight logistic sectors.
Kalmar Introduces Eco Reachstacker
Kalmar, part of Cargotec, introduces an eco-efficient reachstacker with a Fuel Saving Guarantee to customers. Kalmar Eco Reachstacker is the very first solution in Kalmar's new eco-efficient portfolio - The Kalmar Eco Range.The solution was introduced to the customers today at TOC Europe that is taking place in Rotterdam, The Netherlands, June 12-14."I am very proud to introduce a new, eco-efficient solution from Kalmar, which guarantees to substantially cut the fuel consumption and costs, while lowering carbon emissions and helping customers meet current and future emissions standards.
Kalmar Upgrades Bristol Port's STS Crane
Kalmar, part of Cargotec, has signed a contract with The Bristol Port Company to undertake a comprehensive upgrade of one of the terminal's ship-to-shore (STS) cranes.The order was booked in Cargotec's 2018 second quarter order intake and the upgrade project is scheduled to be completed during Q1 2019.The Port of Bristol is located at the mouth of the River Avon in south-west England and can handle vessels of up to 130,000 dwt.James Overthrow, Director of Engineering at The Bristol…
Kalmar RMGs to Support Rotterdam Short Sea Terminals
Kalmar, part of Cargotec, has signed a contract with Rotterdam Short Sea Terminals (RST) to supply two Kalmar rail-mounted gantry (RMG) cranes with remote control and extensive customisation. The order was booked in Cargotec's 2018 second quarter order intake. The first crane will be delivered in Q4 of 2019 and the second during Q1 of 2020. Rotterdam Short Sea Terminals, located in the Port of Rotterdam, is the largest short sea shipping hub in Europe, with over 320 employees working around the clock to process over 800,000 containers each year.
Kalmar-Navis Intermodal Automation Solution for Moorebank Logistics Park
Kalmar, part of Cargotec, and Navis, part of Kalmar Business Area within Cargotec, have been awarded the contract to supply a state-of-the-art, fully automated intermodal terminal solution for Qube's Moorebank Logistics Park (MLP) in south-western Sydney. The order, valued at approximately EUR 80 million, includes the supply of the OneTerminal solution comprising Kalmar's automated train handling, automated yard crane and automated horizontal transportation equipment and the Navis N4 terminal operating system (TOS). It was booked into Cargotec's 2018 second quarter order intake.
Kalmar Signs Contract with PSA Corporation
Kalmar, part of Cargotec, has been awarded a contract for the maintenance and repair of mobile equipment from PSA Corporation Ltd for the next 3-year term. The contract supports the overall maintenance effort of a fleet of up to 700 prime movers and trailer sets at Pasir Panjang Terminal. The contract has been booked into Cargotec's 2017 fourth quarter order intake. Peter McLean, Senior Vice-President of Kalmar Asia-Pacific, said: "We have been working with PSA on the maintenance of their equipment for more than 11 years.
Trac-Wheels Signs Contract for 10 Kalmar Tractors
Kalmar, part of Cargotec, has signed a contract with Malaysia-based supply and installation company Trac-Wheels (M) Sdn Bhd, for an order of ten units of Kalmar TL2 terminal tractor. The order was booked into Cargotec's 2017 fourth quarter order intake and it is scheduled for delivery in the second quarter of 2018. The Kalmar TL2 terminal tractor is specifically built for Asia-Pacific and was launched to the market in November. Trac-Wheels will lease the new machines to its Miri Port and Tanjung Manis Port terminals in East Malaysia…
Cargotec Defines Sustainability Targets for 2018
Cargotec Corporation's Extended Executive Board has set the company sustainability targets for 2018. The targets support Cargotec's strategic must-win battles - services, digitalisation and people leadership - with which the company aims to become the global leader in intelligent cargo handling. Cargotec's focus in 2018 will be on increasing safety awareness, setting a new sustainability standard for the supply chain, increasing the usage of renewable electricity, and ensuring that human rights-related company practices and processes are at the correct level.
MacGregor Completes Rapp Marine Acquisition
MacGregor, part of Cargotec, said it has completed its EUR 16 million ($19.8 million) acquisition of Rapp Marine Group (RMG) after first announcing the deal in December 2017. "With MacGregor's Triplex deck handling portfolio we already today have a very strong position in the fishery and research vessel segment and the addition of Rapp Marine's team members and technologies further strengthens our position," said Høye Høyesen, Vice President, Advanced Offshore Solutions, MacGregor. RMG employs about 120 people with main locations in Norway, the U.S. and U.K. "Our team is happy to join MacGregor. Customers can benefit from the wider portfolio of safe and efficient equipment from one provider to their specific vessels…
MacGregor Acquires Marine Business from TTS Group
MacGregor, part of Cargotec, has entered into an agreement to acquire the marine and offshore businesses from TTS Group, a global provider of cargo handling equipment and services for merchant and offshore ships for an enterprise value of EUR 87 million ($106 mln). The combination of the two businesses will produce greater scale and diversification and will strengthen MacGregor's portfolio and market position in key markets for cargo and load handling equipment. Based on preliminary estimates, potential cost synergies are estimated to be around EUR 30-35 million on annual level and are expected to be reached within three years from closing.
MacGregor, SeaFocus Join Forces
MacGregor, part of Cargotec, and an international maritime business platform, SeaFocus, have announced a collaboration agreement that will support the companies in creating new cooperation models to benefit maritime trade and drive industry innovation. "We are known for our innovative products and services," says Henri Paukku, Director, Cooperation and Funding, MacGregor. "We can see here the potential in the industry and an important partner for creating new ways of thinking and sharing best practises and to collaborate with universities and their students.
Kalmar Backs Suomen Satamatekniikka Oy
Kalmar, part of Cargotec, has signed a Kalmar Care service agreement with Suomen Satamatekniikka, a subsidiary of Steveco, covering the maintenance and service of 16 Kalmar straddle carriers at the Port of Helsinki, Finland. The order was booked in Cargotec's 2017 fourth quarter order intake and the agreement comes into effect from the beginning of February 2018. Steveco, a leading port operator in Finland, employs approximately 850 people and has annual revenues of close to EUR 160 million.
Kalmar to Send Five RTG Cranes to DCT Gdansk Terminal
Kalmar, part of Cargotec, has signed a deal with Deepwater Container Terminal (DCT) Gdansk to supply a total of five electrically powered rubber-tyred gantry cranes (RTGs) with extensive customisation. The order, which also includes the supply of a spare parts package for the machines, was booked in Cargotec's 2018 first quarter order intake and delivery is scheduled to take place in early 2019. DCT Gdansk is Poland's largest and fastest growing container facility, and the only deep-water terminal in the Baltic Sea region with direct ocean vessel calls from the Far East.
CSSC Nanjing Luzhou, MacGregor Start Joint Venture
MacGregor, part of Cargotec, and China State Shipbuilding Corporation's (CSSC) Nanjing Luzhou Machine Co., Ltd. (LMC) celebrated the opening of a new joint venture in Nanjing, China on April 10. With common efforts from both parties, the joint venture will be gradually developed to be the center of excellence for air compressors. The cooperation will be expanded step by step to cover other suitable products in the future.The joint venture's business model and organizational structure were developed during 2017…
Flintstone Secures Contract for Tullow FPSO
Flintstone Technology Ltd said it has secured a contract with MODEC for its in-line tensioning and pull through connection mooring system to be deployed off West Africa.The system will be used on Tullow Oil’s Kwame Nkrumah MV21 floating production storage and offloading (FPSO) vessel located on the Jubilee field off the coast of Ghana.The mooring system will allow the conversion of the FPSO to a spread moored configuration.The Kwame Nkrumah MV21 is installed in approximately 1,100 meters water depth on the Jubilee Field, which is one of the largest oil fields discovered offshore West Africa in the past 10 years.Earlier this month, Flintstone…