Cargotec and Konecranes merger cancelled

The UK Competition & Markets Authority (CMA) has blocked the merger between Cargotec and Konecranes. 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 - 14:24 pm

Konecranes and Cargotec merger can go ahead in China

State Administration for Market Regulation has approved the merger between Konecranes and Cargotec in China. On 1 October 2020, Konecranes Plc (Konecranes) and Cargotec Corporation (Cargotec) announced that the companies had signed a combination agreement and plan to combine through a merger, subject to regulatory and other approvals (the Transaction). Konecranes and Cargotec have received […]

11/08/2021 - 19:42 pm

Kalmar enters into Strategic Cooperation with Sichuan Port and Shipping Investment Group in China

Kalmar, part of Cargotec, led the delegation at the signing ceremony of the Strategic Cooperation Agreement between Sichuan Port and Shipping Investment Group (SPSI) and Cargotec Corporation in Chengdu, China. The agreement covers the vision of the two parties to establish a long-term cooperative relationship from the development of land port, water port, logistics park, […]

15/06/2021 - 14:08 pm

Cargotec commits to 1 million tonne CO2 emission reduction

Cargotec has refined its strategy and vision to focus on sustainability and profitable growth. With its business areas Kalmar, MacGregor and Hiab, Cargotec’s vision is to become the global leader in sustainable cargo flow. Cargotec’s CEO Mika Vehviläinen said, “Our previous vision – becoming the global leader in intelligent cargo handling – highlighted the importance […]

28/04/2021 - 14:22 pm

Kalmar extends terminal automation partnership with Nokia

Nokia and Kalmar will combine their communications and cargo handling technology expertise in new, joint go-to-market ventures, integrated solutions development and research collaboration. The companies will expand their ongoing collaboration to provide new solutions for ports and intermodal terminal operators, which want to automate operations and achieve greater productivity. Jochen Apel, vice president of transportation, […]

12/01/2021 - 13:05 pm

The companies Konecranes and Cargotec plan to merge

Planned merger for Cargotec and Konecranes have signed an agreement and a merger plan to combine the two companies. It is anticipated that the merged companies will be well positioned to lead the industry shift towards increased sustainability based on intelligent solutions, by being a lifecycle partner for its customers and prioritising safety in all […]

12/10/2020 - 22:25 pm

Saigon Newport chooses fuel-efficient Kalmar equipment for Cat Lai Terminal

Saigon Newport Corporation (SNP) has ordered 25 Kalmar Essential Terminal Tractors TL2, through Kalmar’s local dealer Unico Vina JSC, delivery is scheduled for the year-end of 2020. Since its establishment in 1989, SNP has grown to become Vietnam’s largest container terminal operator. The company provides a variety of services including cargo handling, logistics, salvage, piloting, […]

11/08/2020 - 12:14 pm

Kalmar forklifts help Yizheng Port Co meet environmental regulations

In the last quarter of the year Kalmar will deliver four forklifts to Yizheng Port Co Ltd: two Kalmar Essential Forklifts with a lifting capacity of 16t and two Kalmar Heavy Forklifts with a lifting capacity of 25t. The order, which was concluded through Kalmar’s local dealer Suzhou Hefeng Industry Equipment Co Ltd, was booked […]

03/08/2020 - 18:52 pm

Cargotec completes the sale of Chinese joint venture

Cargotec has completed the sale of its share of the joint venture Rainbow-Cargotec Industries Co Ltd (RCI) in China. As part of the agreement, Cargotec acquired certain operations and assets of the joint venture from Jiangsu Rainbow Heavy Industries Co Ltd. (RHI), and approximately 160 employees have moved over from RCI to Kalmar.  On 11 May […]

04/06/2020 - 01:45 am

Planned changes to structure of Cargotec’s joint venture in China

Cargotec and Jiangsu Rainbow Heavy Industries Co Ltd (RHI) are planning to change the ownership structure of their joint venture Rainbow-Cargotec Industries Co Ltd (RCI) in China. The joint venture was established in 2012, and since then, RCI has successfully manufactured port and offshore cranes for Kalmar and MacGregor business areas at the factory in […]

11/05/2020 - 11:38 am

New Issue

LHA May/June 2022

In this month's issue