Tag: Cargotec

Cargotec has signed an agreement to sell its MacGregor business area to funds managed by Triton, for an enterprise value of EUR 480 million to support Hiab’s future growth. 

Cargotec committed the United Nations Global Compact’s Business Ambition for 1.5°C, in order to face climate change, develop efficient solutions and boost a low-carbon economy environment.

According to a recent statement, the corporate innovation and venture development firm, Rainmaking, matched five maritime giants with eight startups as part of its Trade & Transport Impact Program.  Namely, Cargotec, HHLA, Inmarsat, Shell, and Wärtsilä will all work together with startup teams from eight different countries, on 13 separate projects with the aim of “accelerating innovation that delivers genuine business results.”

When price alone determines contract success, purchasers beware. This rarely yields economic value throughout the lifecycle and will ultimately suffocate innovation, argues Mattias Gunnarsson, Vice President, MacGregor Cargo Handling, calling for the industry to address this trend and focus on longer-term value.

Cargotec's MacGregor, MSC Mediterranean Shipping Company and Guangzhou Wenchong Dockyard have signed a contract aiming to upgrade the cargo systems on six 16,000 TEU container ships, which MSC owns and operates. The Cargo Boost orders will be booked into MacGregor's second quarter 2019 order intake and the upgrades will be applied during drydocking in 2020.

MacGregor, part of Cargotec, has entered into an agreement to acquire the major 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.

Navis, a part of Cargotec Corporation, together with Microsoft China, terminal equipment manufacturer ZPMC,  and global infrastructure advisory firm Moffatt & Nichol, joined forces to explore automated solutions to serve the ocean supply chain.

Kalmar and Navis announced the delivery of the first OneTerminal automation solution to ICTSI, at the Port of Melbourne. The deployment was completed ahead of schedule, making Victoria International Container Terminal the world's first fully automated international container handling facility.

Navis announced that North Sea Terminal Bremerhaven has successfully upgraded from Navis Express to the N4 terminal system. Located in Bremerhaven, Germany and offering complete intermodal connections to 130 ports worldwide, NTB is one of Northern Europe’s busiest container terminals.

MacGregor and ESL Shipping Oy have agreed to jointly develop and test an autonomous discharging feature on MacGregor bulk handling cranes, designed to offer safety and efficiency advances. The cranes will be fitted on board ESL Shipping's two new liquefied natural gas-powered handysize bulk carriers.