News

Liebherr has handed over it’s LH 150 ET Gantry Port Litronic electronically-operated port handling machine with gantry undercarriage to DaFeng Port, China. The LH 150 ET Gantry Port Litronic is the world’s largest, electrically-operated Liebherr port handling machine with gantry undercarriage. The entire port handling machine has been supplied by Liebherr: all components were developed, […]

The Australian Industry (Ai) Group Australian Performance of Manufacturing Index (Australian PMI) dropped 2.9 points to 45.4 in January, a third consecutive month of contraction that marked the lowest monthly result since 2015 (readings below 50 points indicate contraction in activity, with the distance from 50 indicating the strength of the contraction). January is traditionally […]

The Australian Industry Group’s latest CEO survey predicts deteriorating economic conditions for 2020 heightening the need for early action to stimulate the broader economy and for a determined effort to lift productivity. Ai Group’s annual Business Prospects report for 2020 is based on a survey of 252 CEOs in late 2019. The results show that […]

Corvus Energy is very pleased to announce that we have been selected by CCCC Shanghai Equipment Engineering (CCCCSEE) and ZPMC to supply Energy Storage Systems (ESS) for 25 new battery-hybrid Rubber Tyre Gantry (RTG) cranes. The battery-hybrid RTG cranes will be deployed by the South Carolina Port Authority (SCPA), where they are expected to reduce […]

Graziano Cassinelli has joined Chinese manufacturer, LiuGong to lead its newly formed Global Rental & Used Equipment unit. As director – Global Rental and Used Equipment, Cassinelli brings a knowledge and experience from years working in all aspects of the rental and used equipment business. Kevin Thieneman, vice president of LiuGong Machinery and chairman of […]

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) increased slightly by 0.2 points to 48.3 in December, marking two consecutive months of contraction in the Australian PMI for the first time since mid-2015 (readings below 50 points indicate contraction in activity, with the distance from 50 indicating the strength of the contraction). […]

Konecranes has completed the acquisition of Jebsen & Jessen’s 50% stake in MHE-Demag, as announced on 5 December 2019. The combined operations of Konecranes and MHE-Demag start on 2 January 2020. With the acquisition, Konecranes increases its presence and market coverage in strategically important and fast-growing Southeast Asia. In addition, the acquisition allows Konecranes to […]

Falcon Lifts has enhanced its business relationship with the company Shanghai Yacontee. The Chinese company, situated in Shanghai, had a successful week at the recent Apex Asia show in Shanghai. Falcon Lifts was represented at Apex Asia by Yacontee with the new Falcon Spider FS330Z Vario. “It was an amazing show,” said sales director Brian […]

Konecranes has signed an agreement to acquire the 50% stake in its MHE-Demag JV held by partner Jebsen & Jessen for approximately €147 million. The acquisition will significantly improve Konecranes’ market position in the fast-growing Southeast Asian markets, creating further opportunities for service sales and simplifying the distribution channel for industrial cranes and components. The […]

Kalmar, part of Cargotec, is to supply CS Wind Vietnam Co Ltd (CS Wind Vietnam) with two Super Gloria reachstackers, each with a lifting capacity of 100t and a wide range of custom modifications. The order is scheduled for delivery in Q2 of 2020. CS Wind Group is the largest manufacturer of wind tower sections, […]