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Cavotec wins port equipment orders worth EUR 10 million

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“We are delighted to have received these orders, and we look forward to continuing to work closely with our customers on these and other projects going forward,” says Ottonel Popesco, Cavotec CEO.

One of the largest of these orders – placed by a major crane manufacturer – is for powering and controlling advanced rail-mounted gantry cranes (RMGC) and Automatic Stacking Cranes (ASC) with motorised cable reels at two container terminals. This is one of the most significant developments in ASC technology, making these gantry cranes the fastest units to be delivered to date.

“We continue to innovate and develop our technologies to ensure that we deliver the levels of operational performance and safety that our customers demand,” explains Luciano Corbetta, Cavotec Group Market Unit Director, Ports & Maritime.

Since December — and included in the value quoted above — the Group has also received orders for applications in China, Finland, Hong Kong, Italy, and the US, for its innovative solutions such as marine systems for power, data and fluids transmission for ABB’s Azipod marine propulsion, Alternative Maritime Power (AMP), Panzerbelt cable protection, and our Automatic Plug-in System (APS) that automates the connection of ships, cranes and other mobile equipment to electrical power.

TTS sells TTS Liftec to Novatech

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Agreed value of the transaction is a gross base price of EUR 5.8 million including net cash, payable at closing, and an earn-out over the next three years if specific targets are met. The transaction is expected to be completed within mid-February 2017.
In accordance with the company’s bank loan agreements 50% of the proceeds from the sale of TTS Liftec Oy will be applied as down-payment on existing term loans.

TTS Liftec Oy designs and delivers horizontal transportation systems for heavy cargo units globally, along with services, spare parts, customer support and after sales activities with life cycle perspective. Revenues in 2016 was EUR 12 million, with an EBITDA of EUR 0.9 million.

“We believe this agreement is an excellent industrial solution for all parties. TTS Liftec Oy will join the Novatech group as a core business unit where efficiency and synergies has a more obvious potential than we can see for this unit within the TTS Group”, said CEO of TTS Group ASA, Toril Eidesvik. “Not at least this agreement gives us an opportunity to focus even stronger on our core strategy.”

“The acquisition of TTS Liftec Oy is a good strategic match for us”, said Erik Knudsen owner and founder of Novatech Aps. He is very excited with the possibility this gives the combined entities to further develop its businesses.

TTS Liftec Oy was established in 1991 and is located in Pirkkala, Finland. The company has been a part of TTS Group since 2004. The number of employees is approximately 30.

Novatech ApS was founded in 1996 and are specialists in designing and manufacturing custom made heavy moving transportation for the shipping industry, and also supply products within the agricultural sector. Novatech ApS has its activities in Denmark and Poland and employ around 250 people.

Liebherr container handling fleet upgrades for various Italian ports in 2016

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Since Liebherr has been engaged in the manufacturing of maritime cargo handling equipment, Italian ports proved to be reliable and valuable partners. The first mobile harbour crane was already delivered in 1974 and over the years the maritime cargo handling fleet operating in Italy has constantly been increased.
However, deliveries reached a record level in the last year on account of the locally potentiated sales and service set-up. Mr Pieter Vuylsteke, sales manager for the European market is delighted about the most recent entries into Liebherr’s order book: “The recent boost in LHM crane orders is probably the most impressive testimonial of our continuous market penetration via our regional sales office in Ravenna. With this number of deliveries, 2016 definitely is a benchmark for our future sales ambitions in Italy.”
The fleet of Italian units is mainly used for container handling to cope with the constantly rising containerisation of goods. For such reason crane purchasers are also entirely focusing on Liebherr’s crane models designed for the handling of Panamax and Post-Panamax vessels.
New equipment all over Italy
In this respect, a LHM 550 was handed over to Compagnia Portuale based in Monfalcone in the Gulf of Trieste, an area of heavy shipping and high urban concentration. Two more cranes of the same type went to Apulia. Peyrani could celebrate the handover for two machines at the same time. One is operating in the Port of Brindisi and the other is operating in the Port of Taranto, just 60 km away on the other side of Italy’s boot heel.
The Bari based terminal operator Istop Spamat S.r.l. opted for a new multipurpose mobile harbour crane LHM 550, a used LHM 400 and two Liebherr Reachstacker LRS 545 in order to increase cargo-handling efficiency. Captain Vito Totorizzo, owner of Istop Spamat S.r.l. comments the arrival of the new cargo handling equipment as follows: “We are extremely satisfied of the quality and the performance of our new Liebherr products. The on-time delivery and the very professional training for to our staff again underlines, that Liebherr is the right partner for us.”
Quality and performance for satisfied customers
In addition, the Port of Ravenna modernised and expanded its container handling fleet. The customer TCR – Terminal Container of Ravenna S.P.A. received one new Liebherr Reachstacker LRS 545 and three rail mounted gantry cranes. Romano Magnani, Technical Safety & Security Manager at TCR adds, “Like all new products, the specifications provide for the latest available technology, with many advanced features even compared to our 2014 model. Naturally, the new crane comes with the excellent environmentally friendly enhancements, fit for a 21st century industry, something that was high up on the list of priorities during the selection process.” TCR placed an additional order for a Liebherr ship-to-shore container crane. Having personally signed the contract, Milena Fico, Director and General Manager of Terminal Container Ravenna enthuses: “The market is very positive about TCR’s customized approach to personal service and flexibility and the new investment both in yard and ship-to-shore crane equipment can only enhance this further for the longer term. We are really satisfied: Liebherr has proven to be a reliable and cutting edge supplier able to give fast and efficient responses.”
The terminal operator Sapir Group S.p.A., which is in the business since 1957, took delivery of an LHM 600. This new machine will support the already existing mobile harbour crane fleet of one LHM 550 and three LHM 400. Another Reachstacker will start operation in the port of Salerno for the company Amoruso S.P.A.

Outlook for 2017
For 2017 the positive trend shall continue. Beside the upcoming delivery of a gantry container crane, there are some additional projects in the pipeline. Reachstackers for toplift and intermodal operation as well as mobile harbour cranes are already in discussion with Italian customers. Looks like the Italian job is not done yet. To be continued.

SC Ports announces all-time record container volume

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As measured in pier containers, or total box volume, SCPA handled 104, 792 boxes last month, surpassing the previous record of 104, 003 containers handled in May 2015. Container volume is up 28 percent compared to the same month last year.

As we move into the second half of the fiscal year, SCPA container volume is up 8 percent compared to the same period last year.