In 2009 the company’s net sales amounted to approximately EUR 7 Million. The value of the acquisition is not disclosed. Gruas Koman Limitada has been a Konecranes licensee for standard duty cranes since the early 1990s. The acquired company has almost 60 full-time employees, of which half are crane technicians. The company has an established crane maintenance business in Santiago, Antofagasta, Calama and other areas of Chile’s mining districts. The acquisition provides an excellent opportunity for Konecranes to further consolidate and ultimately expand its penetration into the overhead lifting equipment market in Chile, Peru, Argentina, and the rest of Spanish-speaking South America. Konecranes has up until now served this market via its fully-owned subsidiary originating from the earlier Morris Material Handling acquisition in 2006. “South America holds a great potential for the future growth of Konecranes,” says Tom Sothard, Senior Vice President and head of Konecranes Region Americas. “Gruas Koman is, via its installed base of equipment, an excellent base for building our service, parts and equipment business in South America.” The acquisition is expected to have an immaterial impact on Konecranes’ results in 2011.
MOL's ship calls at Cai Mep in start of direct service to North Europe
TNWA created the new route by adding a Vietnam call to their “JEX” service. During the ceremony, Hiroki Tsujii, Vice President in charge of Asia-Europe and West Africa Trade Management at MOL Liner, Ltd said: “By having direct access to Europe as well as Transpacific, we hope Ho-Chi-Min and Vietnam economy can grow more and be competitive to the other countries. We, MOL, as terminal operator / shipping carrier, are willing to support Vietnamese business and wish to grow together.”
New Chief Executive for Port of Brisbane
Most recently, he was Chief Operating Officer (Transport) of Prime Infrastructure (recently acquired by Brookfield Asset Management) with responsibility for port and rail assets handling over 200 million tonnes (mtpa) and producing EBITDA of $550 million. PBPL Chairman, Jeremy Maycock, said “we believe we are very fortunate that Russell will now bring his wealth of international experience to bear on the further development, growth and efficiency of the Port of Brisbane”. Russell will commence as CEO on 3 May 2011, prior to which Alistair Baillie will continue to lead the port as Managing Director.
Tender – Port of Cork needs hydrographic services
Under the proposed contract the Port of Cork intends to carry out hydrographic surveys to determine the bed levels in the fairway and berths in both the upper and lower harbour areas and to carry out any other surveys that may be required from time to time.
The surveys are primarily required for the following purposes: 1) monitoring of bed levels; 2) assessment of dredging requirements and the calculation of quantities post dredging campaign; 3) check that depths have been achieved after dredging (post dredge surveys); 4) navigational safety