Kalmar, part of Cargotec, has been awarded a contract to supply four new generation reachstackers and one terminal tractor to Stockholms Hamnar, one of the top five container terminals in Sweden.

According the BBC a Spanish-led consortium expanding the Panama Canal says negotiations with the Panama Canal Authority (ACP) aimed at ending a row over cost overruns of $1.6bn (£1bn) have broken down.

A Turkish construction services company, Mussa Insaat Dis Ticaret Ltd of Istanbul, placed an order with Cargotec for a standard road-mobile Siwertell 10 000 S cement unloader.

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South Carolina Department of Health and Environmental Control recently honoured the South Carolina Ports Authority with the "Spare the Air" Award for its emissions reductions efforts, the Port announced today. Established in 2008, the award recognises the leadership and voluntary commitment of companies, governments and other entities for promoting and demonstrating air quality improvements.

The US-based Ports America Companies (Ports America), Highstar Capital portfolio companies, successfully refinanced the debt facilities of both Ports America, Inc (PAI) and MTC Holdings, Inc (MTC) into a single, unified capital structure. The refinancing consisted of a new 5-year, USD475 million senior secured credit facility, including USD170 million of revolving credit and letter of credit facilities, and a new 7 year, USD375 million Holdco financing.

The Board of Directors has approved a new EUR 12 million long-term incentive programme for key personnel of Cargotec. The purpose of the programme is to increase Cargotec's profitability and shareholder value in the long term by attracting and retaining the required talent. The number of participants will be approximately 75 persons, including Cargotec's President and CEO and members of the Executive Board.

The following figures in this financial statements review are based on Cargotec Corporation's audited 2013 Financial statements.
October-December 2013 in brief
- Orders received increased 35 percent and totalled EUR 958 (710) million.
- Order book amounted to EUR 1,980 (31 Dec 2012: 2,021) million at the end of the period.
- Sales increased 3 percent to EUR 914 (890) million.
- Operating profit excl restructuring costs was EUR 38.6 (39.9) million, representing 4.2 (4.5) percent of sales.
- Operating profit was EUR 15.3 (14.2) million, representing 1.7 (1.6) percent of sales.
- Cash flow from operations before financial items and taxes totalled EUR 133.9 (90.7) million.
- Net income for the period amounted to EUR 7.7 (9.1) million.
- Earnings per share was EUR 0.12 (0.15).

The following financial statement is over the period January-December 2013

Demonstrating new managerial, analytical and operational skills honed during a rigorous 12-month advanced management training curriculum, the 31 newest graduates of the APM Terminals MAGNUM program were congratulated by APM Terminals CEO Kim Fejfer at a formal reception in The Hague, location of the company's global headquarters.

Cargotec's MacGregor has completed the acquisition of the mooring and loading systems unit from Aker Solutions.