Cargotec Corporation News

10 Nov 2019

Navis Solution on Evergreen Newbuilds

 Image: Navis

Navis, the provider of maritime software solutions for cargo and vessel performance and compliance,  announced that its MACS3 loading computer will be installed on two newbuilding series of container vessels owned and operated by Taiwan-based Evergreen Marine Corporation.Navis, a part of Cargotec Corporation, said that due to the owner’s decision to have this loading computer installed, they are moving to support safer and more effective onboard cargo handling.The newbuildings are currently being built at two different Chinese shipyards.

20 Sep 2019

Navis Survey Acclaims AI

Pic: Navis

Global container terminals are expected to embrace automated decision making powered by artificial intelligence (AI) as they pursue ways to improve operational consistencies and enhance equipment utilization.According to  TechValidate customer survey by Navis, 88% of respondents indicated that automated decision making will be very if not extremely important for the future of innovation at terminals.Further, 83% plan to increase their AI investments over the next one-to-three years…

13 Aug 2019

N4 - A Shot in The Arm for PTP

Pic: Navis

With Navis N4 TOS, the Port of Tanjung Pelepas (PTP) has again broken the record for vessel utilization after the MSC Gulsun, the largest container ship in the world, departed with 19,574 TEU in July 2019.This milestone means PTP has broken the record three times in a row and has become the first port in the world to set back-to-back records for container vessel utilization.Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock…

26 Jul 2019

CSP Zeebrugge Terminal Deploys Navis N4

Pic: Navis

The terminal operating systems (TOS) provider Navis announced  that CSP Zeebrugge Terminal, part of COSCO Shipping Ports, has successfully gone live with Navis N4.The unit of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, the terminal connecting European market will use N4 to focus on real-time data sharing and efficiency for better service.The terminal…

25 Jun 2019

OOCL Chooses Navis StowMan

Pic: Navis

Hong Kong-based container shipping and logistics service company Orient Overseas Container Line (OOCL) has chosen the Navis stowage planning software StowMan for effectively stowing vessels in its container ship fleet.According to Navis, and the provider of on premise and cloud collaborative stowage planning solutions, OOCL currently operates a fleet of 100+ container vessels ranging between 21,400 and 2,900 TEU that are planned by stowage planners who are based in strategic planning regions.With the advanced multifunctional stowage operation system of StowMan…

19 Jun 2019

Kalmar Intros Electric Reachstacker

Image: Kalmar Global

Kalmar, a part of Cargotec Corporation,  forges ahead on its electrification journey with maritime industry's first fully electric reachstacker for the global logistics provider Cabooter Group."Kalmar is another step closer to having an electric version of every product in its portfolio by 2021 with the announcement of an agreement with Cabooter Group, who will be the first customer to take a fully electric version of the Kalmar Reachstacker into use in 2021," said a press release from the provider of cargo-handling solutions and services to ports.Since its founding in 1995…

07 May 2019

Turkish Port Installs Navis N4 TOS

Yilport to utilize Compass as a collaborative tool to improve planning and visibility across terminals. Image: Navis

Navis, a part of Cargotec Corporation, announced that Yılport Holding Inc. will roll out Navis’ Compass visual workflow management application to five terminals that use Navis N4 to bring enhanced visibility, communication and collaboration to the planning process across terminals.The Compass application digitizes the workflow and standardizes the way terminals work to improve the quality of the planning and tracking process to improve the terminal’s efficiency.The Compass application is easy to implement…

15 Apr 2019

Thorco Invests in Navis

Image: Navis

Copenhagen-based Thorco Projects has selected Navis’ Bluetracker solution to monitor and analyse the fuel consumption and vessel performance of its own and chartered vessels. Navis is a provider of maritime software solutions for efficient and compliant cargo and vessel performance.Bluetracker One’s Charter Monitor module will enable Thorco to monitor the operational speed versus fuel oil consumption in compliance with the agreed terms of the charter party.The specialist in global project shipping operates one of the world’s largest multi-purpose fleets…

25 Mar 2019

Navis Rolls-out Smart Tech

 Pic: Navis

The terminal operating systems provider unveiled its new offering, ‘Navis Smart,’ providing new ways for container terminals and carriers alike to capture and process the abundance of available industry data to optimize planning, visibility and asset utilization.Navis, a part of Cargotec Corporation, and the provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, said that Navis Smart is a layer of technology that will enable and connect Navis solutions…

12 Nov 2018

COSCO Shipping Ports, Navis Join to Launch Center of Excellence

Image: Navis

The terminal operating systems (TOS) provider announced a new partnership with COSCO Shipping Ports Limited (CSP), creating a joint Center of Excellence (CoE).Navis is a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain.Launched in September 2018, the center will deliver dedicated Navis and CSP resources for N4 implementation projects…

11 Nov 2018

Kalmar Helps Port of Long Beach to Meet Green Objectives

Pic: Kalmar

Kalmar's new all-electric terminal tractor is helping the Port of Long Beach (POLB) meet its eco-efficiency objectives while satisfying the commercial demands of the users of the second-busiest container seaport in the US.According to a press release from Kalmar, a part of Cargotec Corporation, POLB  in California handles trade worth in excess of $180bn from 175 shipping lines connecting to 217 seaports around the world. In 2017, more than 7.5 million container units passed through…

23 May 2018

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.

12 Jan 2018

Cargotec Defines Sustainability Targets for 2018

Photo: Cargotec Corporation

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.

20 Nov 2017

Managing the New Panamax Containerships

The CMA-CGM Ben Franklin, an 18,000 TEU containership, was, in 2015, the largest vessel to call on a U.S. port. (Photo: MARAD)

The explosive growth of international boxships is challenging not only the physical infrastructure of North American ports, but also the very nature of the existing supply chains that they impact. The recent dialogue on container shipping has been all about so-called “mega-ships;” those vessels that with larger capacity than those that are already in service at any point in time. In the container trades, as in tanker and drybulk arenas, ocean-going vessels are one link, albeit an important component, within broader supply chains.

14 Oct 2017

JNPCT Selects N4 Terminal Operating System

Photo: PIB

The Jawaharlal Nehru Port Container Terminal (JNPCT), one of the container terminals directly managed by India’s leading container port-JNPT, is constantly innovating and up-scaling operations to not only meet but exceed global benchmarks with an underlying commitment to provide seamless customer service and ease of doing business. The JNPCT has upgraded its terminal operating system to SPARCS N4 platform to optimize the terminal’s operational cycle with the ultimate goal to increase JNPCT efficiencies so that customers can experience improved productivity.

20 Jul 2017

Cargotec Sales Figures Plummet

Photo: Cargotec

Cargotec Corporation said that the orders received for H1 for the period of January-June 2017 decreased 4 percent and totalled EUR 1.7bln (USD 1.9bln). The total sales declined 5 percent and totalled EUR 1,638 for the period. However, Cargotec reiterates its outlook published on 8 February 2017 and expects its operating profit excluding restructuring costs for 2017 to improve from 2016 (EUR 250.2 million). Cargotec's CEO Mika Vehviläinen said: "The development of our business continued to be positive during the second quarter of 2017.

26 Jun 2017

Cargotec Refinances EUR 300 mln Credit Facility

Photo: Cargotec

Cargotec Corporation entered into an EUR 300 million multicurrency revolving credit facility with a syndicate of its six relationship banks on 26th June. The facility carries a tenor of five years including two one-year extension options. The purpose of this facility is to refinance the existing EUR 300 million multicurrency revolving credit facility, maturing in January 2019. With this facility, Cargotec strengthens its long-term liquidity and takes advantage of the favourable market conditions.

22 Feb 2017

Davao Terminal Outfits with Navis

Photo: Navis

Navis and Davao International Container Terminal (DICT) announced that the terminal has gone live with the Navis N4 terminal system. Navis is a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain. Since opening its gate in 2013, DICT has partnered with Navis to improve operational efficiency and the successful implementation of N4 has supported DICT’s growth as the most modern terminal in the Philippines.

18 Oct 2016

Navis Boosts LATAM Market Share with N4

Photo: Navis

Navis, a part of Cargotec Corporation, has announced that Colombia-based Sociedad Portuaria Regional de Cartagena (SPRC) and Terminal de Contenedores de Cartagena (CONTECAR) will both migrate to the N4 terminal operating system (TOS) following a combined twenty-year run on SPARCS. Located in Colombia’s Cartagena Bay, SPRC and CONTECAR have been recognized by shipping lines and industry associations alike as some of the most efficient ports in the Caribbean. Honored seven times as the Best Container Terminal…

11 Jul 2016

INTERSCHALT Shuffles Executive Management

INTERSCHALT maritime systems GmbH, a provider of maritime software for cargo operations and fleet management, NavCom services and manufacturer of VDR systems, announced a change in the company’s executive management today. This follows Cargotec Corporation’s acquisition of INTERSCHALT in January 2016. Robert Gärtner, who has served as CEO of INTERSCHALT since 2006, stepped down from his position on June 20 to pursue other opportunities. Two managing directors have now been appointed: Benoit de la Tour, President of Navis, and Rainer Twisterling, former Vice President Services at INTERSCHALT. In his additional role at INTERSCHALT, de la Tour will lead the integration of the company’s software business into Navis, part of Cargotec.

23 May 2016

Basra Gateway Terminal Goes Live with Navis N4

Navis, a part of Cargotec Corporation, and provider of operational technologies and services that unlock greater performance and efficiency for terminal operators, announced that Basra Gateway Terminal (BGT), part of International Container Terminal Services, Inc. (ICTSI), has gone live with Navis’ N4 terminal operating system. Upgrading to N4 from an in-house operating system will help BGT achieve key operational goals by enhancing the customer experience while at the same time increasing terminal productivity by managing resources in a more efficient way, as well as improving the safety of yard workers, Navis said. BGT is a container terminal located at the port of Umm Qasr, Iraq, providing shipping lines and cargo ships with a modern gateway to the country.

20 Jan 2016

Cargotec Acquires Interschalt Maritime Systems AG

Cargotec Corporation agreed to acquire INTERSCHALT maritime systems AG, the specialist software and related service provider to the maritime industry. The acquisition will complement Cargotec's strategic aim of being a leader in intelligent cargo handling. Cargotec will gain more competence in technologically advanced software and service solutions and attains a global footprint with branch offices, service stations and partner representations. Cargotec has agreed to acquire all the shares in the German software and service company INTERSCHALT. INTERSCHALT's sales in 2014 amounted to EUR 42 million and it employs over 200 people. The…

17 Sep 2015

Kalmar, RCI JV Begin Jetty Construction in Taicang, China

RCI jetty ground breaking ceremony

Kalmar, part of Cargotec, and Rainbow-Cargotec Industries Co., Ltd (RCI) celebrate the ground breaking of a new jetty at RCI's facilities in Taicang, China today. RCI is a joint venture established in Taicang, Jiangsu Province, China, in 2012 between Cargotec Corporation and Jiangsu Rainbow Heavy Industries. It is responsible for the production of Kalmar rubber-tyred gantry cranes (RTGs) and ship-to-shore cranes (STSs) for global markets. Kalmar has decided to invest in a new jetty to increase RCI's import and export capacity with shorter shipping time…

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