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Van Oord and GMB install dike pin: innovation in dike reinforcement

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The client, Rivierenland Water Board, is embracing this new method for use in the Hagestein-Opheusden Dike Improvement Project.

Dike pins are steel anchor rods encased in cement. They are inserted into the underlying layer of sand and prevent the possibility of the dike collapsing during floods. Installing the pins is an effective way of making dikes safer. When working space is limited, e.g. by houses and vegetation, the problem can be solved by using this innovation. The dike pins are installed completely inside the existing dike profile, so that it is not necessary to interfere with the crown or the foot of the dike. During the work, the surrounding area suffers much less disruption than with the traditional installation of sheet piling or soil replenishment, while still being kept safe from flooding. This innovative method of dike reinforcement is the result of close cooperation between Van Oord, GMB, BAM Speciale Technieken and RoyalHaskoningDHV. The innovation has been further improved on the back of a number of tests and pilot projects.

According to Johan Bakker, Director of Innovation at Rivierenland Water Board: ‘Innovation succeeds more often than not. That is also the case here. To keep the Netherlands safe and to keep safety affordable, we – in a joint effort – have to pull out all the stops.’

Edwin van der Poel, Managing Director of GMB’s flood prevention and construction division, says: ‘Dike pins are a simple and environmentally friendly way for us to reinforce dikes. Their modular structure means they can be extended in future. We use this valuable innovation in order to work considerately and safely on projects within the Flood Protection Programme.’
Dike improvement on the Hagestein – Opheusden (HOP) section

HOP dike improvement scheme – client: Rivierenland Water Board – involves reinforcing about 18 km of dike spread over two dike rings, ten work areas and five municipalities. The first and last work areas are 40 km apart on the southern bank of the Lower Rhine and Lek. Throughout the project, the main contractors Van Oord and GMB will be meeting the most important contract requirements: to reinforce the dike safely and with the minimum of inconvenience. The Hagestein – Opheusden dike improvement scheme is one of the projects in the Room for the River national programme. In this programme, regional authorities and the Dutch government work together to improve flood protection in river areas. This provides more room for the river. At the same time, work is being done to improve spatial quality to ensure that the economy, environment and landscape of river areas benefit from the project. If you would like more information, please visit www.ruimtevoorderivier.nl.

ABP's Humber Ports complex shortlisted for North of England Transport Awards

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The ports, which were entered as a complex, were nominated for the Seaport of the Year Award and will compete against PD Ports’ Port of Liverpool at the awards ceremony, which will be held at the Midland Hotel in Manchester in December.

The inaugural North of England Transport Awards have been organised by Transport Times magazine to bring the industry together to celebrate its achievements in providing efficient, high-quality transport services across the region and to encourage innovation to promote best practice throughout the north of England.

The Humber ports have been shortlisted for the innovative approach taken by ABP in responding to market demands and the needs of its customers.

ABP Director Humber, Simon Bird said: “We felt the Humber ports as a complex were worthy of nomination for the North of England Transport Awards due to the levels of investment and innovation that are currently taking place within our operations.

“Projects such as Immingham Renewable Fuels Terminal and the Alexandra Dock development in Hull are truly pioneering enterprises and represent significant investment in vital national infrastructure, which help us contribute over £2 billion to the UK economy and support 23,000 jobs in the region.

“We’re delighted to have made the shortlist and we’re looking forward to seeing the winners revealed in December.”

A spokesperson for the Northern Transport Awards judging panel said: “We received over 100 entries from right across the North of the country. The quality of entries was extremely high resulting in fierce competition for a place on the shortlist and we congratulate those who will be competing for awards on the 7th December.”

Terex Corporation announces leadership change in its cranes segment

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Ken Lousberg, currently President, Terex Cranes, will be leaving the Company to pursue other opportunities.

“We thank Ken for his dedicated service and leadership over many years within the AWP segment, Terex China and his current position with Terex Cranes, and wish him the best in his future endeavors,” remarked John L. Garrison, Jr., President and Chief Executive Officer. Commenting on the new assignment for Filipov, Garrison added, “Steve is the right person to lead the turnaround efforts to improve our global cranes business. Steve started his career at Terex in the Company’s crane business and served as President of Terex Cranes from 2004 to 2008. Steve’s intimate knowledge of the Terex Cranes business, its products and, most importantly, its customers will put him in an excellent position to start immediately with the work of improving and growing our Cranes business. Steve has demonstrated strong leadership skills during his tenure with Terex and I am confident that in his new responsibility as President of Terex Cranes he will serve us and our customers well.”

Garrison continued, “In addition, Kevin O’Reilly, currently Vice President, Operational Finance, will assume the position of Group Vice President, Finance for the Cranes Segment assisting Steve with the Cranes turnaround. O’Reilly has held a number of senior finance roles at Terex over many years including corporate controller, segment finance leader, business development and strategy, and investor relations. Kevin’s strong operational finance experience and achievements make him the ideal choice to provide the financial leadership and support that Steve and the entire Cranes team need as they position Cranes for success.”

Konecranes Plc's Interim Report January-September 2016

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Figures in brackets, unless otherwise stated, refer to the same period a year earlier

Third quarter highlights
– Order intake EUR 420.3 million (443.8), -5.3 percent
– Order book EUR 987.7 million (1,075.3) at end-September, -8.1 percent
– Sales EUR 517.6 million (506.7), +2.1 percent
– Adjusted operating profit* EUR 37.9 million (33.3), 7.3 percent of sales (6.6)
– Adjustments* EUR -12.9 million (-29.1)
– Operating profit EUR 25.0 million (4.1), 4.8 percent of sales (0.8)
– Earnings per share (diluted) EUR 0.27 (0.02)
– Net cash flow from operating activities EUR 33.4 million (47.1)
– Net debt EUR 183.5 million (228.5) and gearing 44.0 percent (53.1)

January-September highlights
– Order intake EUR 1,325.6 million (1,452.9), -8.8 percent
– Sales EUR 1,505.0 million (1,517.2), -0.8 percent
– Adjusted operating profit* EUR 88.7 million (73.2), 5.9 percent of sales (4.8)
– Adjustments* EUR -34.8 million (-40.9)
– Operating profit EUR 53.9 million (32.2), 3.6 percent of sales (2.1)
– Earnings per share (diluted) EUR 0.46 (0.31)
– Net cash flow from operating activities EUR 47.6 million (-1.6)

*Adjustments (corresponding to term non-recurring items in 2015) include restructuring costs, transaction costs related to the terminated merger plan with Terex, and proposed acquisition of Terex MHPS and related activities, unwarranted payments due to identity theft and fraudulent actions (in the third quarter of 2015), and insurance indemnity and returned funds related to identity theft and fraudulent actions (in the second and third quarter of 2016). Konecranes’ management believes that the adjusted operating profit is relevant to understanding the comparable financial performance when comparing the result for the current period with the previous periods.

Market Outlook
Customers are cautious about investing due to the lack of volume growth in manufacturing and process industries, as well as container handling. The companies operating in emerging and commodity markets are particularly under pressure to save costs. Certain market uncertainty continues in North America. The demand situation in Europe is mixed. A decline in the global container throughput has led to a slower decision-making among container terminal operators. The quarterly Equipment order intake may fluctuate due to the timing of the large port crane projects