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Broekman Distriport expands terminal for new Scandinavian liner service

Broekman Distriport is expanding its terminal in the Port of Rotterdam by 50,000m2 to distribute goods to and from Western Scandinavia.

Cargotec's financial targets for 2016

Cargotec's Board of Directors has confirmed financial targets for Cargotec Corporation for 2016.
The targets are:
- Operating profit (EBIT) margin exceeding 8%
- Return on capital employed (ROCE pre-tax) exceeding 13%
- Gearing below 50%
- Dividend 30-50% of earnings per share

SmartStack goes live at Durban Container Terminal

Kalmar, part of Cargotec, has implemented their SmartStack solution at Durban Container Terminal (DCT) in South Africa for real-time container inventory reporting and management. This is the first terminal to implement Kalmar SmartStack using the narrowband communication network involving re-engineering from the standard WiFi deployment.

Last 4 floodgates delivered to Panama

Italian steelmaker Cimolai has delivered the final four floodgates that will be used for the new Panama Canal putting the behind-schedule, over-budget project on track for completion in early 2016.

Cranes improve Port Newark Container Terminal's capacity

Port Newark Container Terminal (PNCT) hosted distinguished speakers and guests at PNCT's ribbon-cutting dedication of its three new super-post-Panamax ship-to-shore cranes.

Port of Long Beach moves to provide equipment to move cargo faster

Acting to relieve cargo delivery delays, the Long Beach Board of Harbor Commissioners has approved the use of Port of Long Beach property as a temporary site for the storage of empty containers, which will help to free up needed equipment to move cargo out of shipping terminals faster.

Record growth continues at Georgia's ports

The Georgia Ports Authority marked growth in all business sectors in October, moving a record 2.79 million tons of cargo.

Kalmar Gloria reachstackers' success continues in the UK

Kalmar, part of Cargotec, has received an order for three Kalmar Gloria reachstackers and one Kalmar empty container handler to PD Ports' Teesport facility in the United Kingdom. The order was signed in July 2014 with delivery in December 2014.

Port of Southampton ready to handle the world's biggest ships

Associated British Ports' Port of Southampton is ready to handle the biggest ships in the world today and long into the future after a £40million dredging project.

Charleston gains G6 East Coast/Northern Europe Service

The G6 consortium of ocean carriers recently announced the addition of Charleston to a major US East Coast/North Europe service, further increasing the frequency of weekly post-Panamax vessel calls to the Port of Charleston.