News

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) increased by a further 1.8 points to 61.7 in April, indicating a seventh consecutive month of recovery from the severe disruptions of Covid-19 in Q2 of 2020 and the index’s highest monthly result since March 2018. It is the third highest rate of growth […]

In the last quarter of Kito’s financial year which ended March 2021 the company has reported that demand has recovered to the same level as the previous year despite Covid infection rates increasing. Effort was focused on profit and cash generation with cost controlled across board. Sales in Q4 were up 1.6% on 2020 and […]

On 13 April, Damen Yichang Shipyard launched a 75 x 32m crane barge into the water. The event was seasonally timed to ensure the correct water depth needed to perform the successful launch of the barge. Damen is building the Crane Barge 7532 for a Panamanian client. Now that the barge is in the water, […]

LiftEx Bahrain, planned by the Lifting Equipment Engineers Association (LEEA), will move from 27-28 September 2021 to 21-22 March 2022, at the Gulf Hotel and Convention Centre, Manama. Ross Moloney, CEO of LEEA, said, “As the situation is still somewhat unclear due to the pandemic, with international travel restrictions currently in place, and some organisations […]

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 […]

Based in China’s Shaanxi province, Shanyang Coal Mine has commissioned ABB Ability Asset Vista Condition Monitoring software to increase process efficiency and minimise maintenance. The digital solution has been installed at 18 sites worldwide since launching in 2015 and the commission at Shanyang Coal Mine is the first for ABB in China. Shanyang Coal Mine […]

Data released by NAB (National Australia Bank) shows businesses across Australia are purchasing new equipment and vehicles in record numbers as companies embrace the strongest market conditions seen in years. Following 2020 where businesses across the globe were forced to ‘pivot’ their business through the pandemic, this year, Australian businesses are investing to build on […]

The Crosby Group, a global leader in lifting, rigging, and load securement hardware has acquired BlokCorp Ltd (BlokCorp).  UK-based BlokCorp designs and manufactures innovative camera and alert systems for tower and mobile cranes.  These advanced systems provide crane operators with critical visual and audio capabilities that enable safer and more productive lifting operations. The transaction […]

At the end of March, Haulotte Shanghai held a customer seminar in Jinan City, Shandong Province with the theme of ‘Coming for You’. More than 120 customers from 30 plus cities from Shandong and surrounding areas attended the event. The show, which demonstrated the performance of the Haulotte equipment, made a strong impression to customers. […]

Combilift, the Irish manufacturer of a wide range of handling solutions, has won its tenth industry award from the Forklift Truck Association for one of its latest products. The 2020 FLTA Awards for Excellence took place virtually on Saturday 10 April, having been postponed from last year due to Covid. The recently introduced Combi-CBE model […]