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Port of Dover Cargo Limited – a strong future for cargo at Dover

Dover Harbour Board has secured the long term success of cargo operations within the Port of Dover as work forges ahead to create new facilities in Dover's Western Docks.

Konecranes proceeds with acquisition of Terex's MHPS business and issues new class B shares

After having received all material regulatory approvals and in order to complete the acquisition of Terex Corporation's ("Terex") Material Handling & Port Solutions ("MHPS") business ("MHPS Acquisition"), the Board of Directors of Konecranes Plc ("Konecranes") has decided on 29 December 2016 on a directed share issue of 19,600,000 new class B shares ("Shares", each a "Share") to Terex's affiliate Terex Deutschland GmbH ("Terex Affiliate") (the "Share Issue").

DP World increases stake in Pusan Newport Company

DP World has announced that it has acquired an additional 23.94% stake in Pusan Newport Company Limited (PNC) in South Korea from Samsung Corporation & Subsidiaries. This increases DP World's holding in PNC to 66.03%, and the terms of the transaction are undisclosed.

Manitex International Inc. sells CVS Ferrari

At the end of 2016, US-based Manitex International Inc. sold Italy-based container handling equipment manufacturer CVS Ferrari to a joint venture between NEIP III and BP Handling Technologies.

Konecranes Plc: European Commission has approved Columbus McKinnon as a buyer of STAHL CraneSystems

On December 7, 2016, Konecranes announced that it has signed an agreement with Columbus McKinnon Corporation regarding the divestment of the STAHL CraneSystems business.

Port of New Orleans announces Brandy D Christian as President & CEO

The Board of Commissioners of the Port of New Orleans has announced that, effective 1 January 2017, Brandy D. Christian has begun service as...