CSP Spain orders 11 Konecranes hybrid RTGs

The terminal operator COSCO Shipping Ports (Spain) Terminals, (CSP) has ordered 11 eco-efficient hybrid RTGs, with six machines for their terminal in Bilbao and five for its terminal in Valencia. The order was booked in Q3 2022. The value of the order is approximately 20 million euro. The order supports CSP Spain’s sustainability efforts and […]

11/10/2022 - 14:10 pm

On the right track

Casper, Phillips & Associates Inc (CP&A) has completed procurement and design review services related to 10 rail-mounted gantry (RMG) cranes, manufactured by Konecranes, for Georgia Ports Authority’s (GPA) Mason Mega Rail project in Savannah, USA. The Port of Savannah’s Garden City Terminal was already the southeast’s busiest intermodal gateway, but GPA has implemented a series […]

30/08/2022 - 14:39 pm

Svensson to start as Konecranes president and CEO early  

As announced on 10 June 2022, Anders Svensson has been appointed as Konecranes’ new president and CEO. He will assume his role on October 19, 2022, approximately one and a half months earlier than previously communicated.   Konecranes had planned to host a Capital Markets Day in the autumn 2022. As Anders Svensson joins the […]

18/07/2022 - 15:10 pm

Kemi Shipping orders eight Konecranes E-VER electric forklifts

Kemi Shipping Oy, owned by Finnish Metsä Group, has ordered eight Konecranes E-VER fully electric forklifts including full service contracts for their operations in the Port of Kemi. Having been impressed with the E-VER that was delivered early in 2022, the Finnish logistics company is strengthening operations with an additional order, which will be delivered […]

04/07/2022 - 06:44 am

Anders Svensson appointed president and CEO of Konecranes

Konecranes Plc has appointed Anders Svensson as its new president and CEO. Anders Svensson will assume his role at the latest on 7 December 2022. Anders Svensson joins Konecranes from Sandvik, where he is currently president of the Sandvik Rock Processing Solutions Business Area. Prior to his current role, he has held various leadership positions […]

10/06/2022 - 17:36 pm

Konecranes comments on the impacts of the war in Ukraine on its business

In a statement that condemns the war in Ukraine, Konecranes says, “We are saddened and upset by the war and deeply concerned for our over 400 Ukrainian employees and their families. Their safety and well-being are number one priority for Konecranes as a company, and the Konecranes community is supporting them and their compatriots through […]

22/04/2022 - 07:57 am

Konecranes and Cargotec merger cancelled

The UK Competition & Markets Authority (CMA) has blocked the merger between Konecranes and Cargotec. According to the CMA’s final report issued today, the remedies – which would have removed all overlapping businesses of the two companies and were accepted by the European Commission (EC) – would not be effective in addressing the CMA’s concerns […]

29/03/2022 - 14:18 pm

European Commission conditionally approves Cargotec/Konecranes merger

The European Commission has conditionally approved the planned merger between Cargotec and Konecranes. The approval, which follows the Commission’s extensive investigation and widespread consultation with market participants across Europe, is conditional on the divestment of Konecranes’ Lift Truck business and Cargotec’s Kalmar Automation Solutions.  Konecranes’ Lift Truck business includes its business for the manufacturing and […]

25/02/2022 - 13:23 pm

Cargotec and Konecranes provide an update on planned merger

Cargotec and Konecranes have continued their dialogue and cooperation with relevant competition authorities to find satisfactory ways to mitigate concerns raised by the competition authorities to secure approvals to complete the merger of Cargotec and Konecranes. Based on ongoing dialogue with the authorities the remedy requirements are more complex than expected. Cargotec and Konecranes have […]

14/02/2022 - 08:06 am

New Issue

LHI October 2022

In this month's issue