Equipment
Board change as interim report highlights improved Cargotec profitability
(Posted on 27/04/22)Cargotec Corporation’s Board of Directors elected by the Annual General Meeting has announced the appointment of Mr. Jaakko Eskola as the new Company Chair. Jaakko Eskola will succeed Mr. Ilkka Herlin who has chosen to step down as the Chair of the Board having served as Chair for 17 years since 2005. The change will take...
Siwertell ship unloader to meet Quezon’s demands
(Posted on 20/04/22)Bruks Siwertell has commissioned a new Siwertell ST 790 D-type ship unloader to serve Quezon Power Ltd Co’s San Buenaventura power plant in Mauban, the Philippines. The newly built 500 MW coal-fired facility is the country’s first supercritical power station and is located next to an existing Quezon power plant. The...
ABB to power world’s first hybrid-electric biomass fuel carriers
(Posted on 20/04/22)The Japanese Shipowners’ Association has announced that the Japanese shipping industry will take on the challenge of 2050 net zero GHG1. One of its most significant initiatives is e5 Lab Inc., a consortium comprising Asahi Tanker Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd. and Mitsubishi Corporation, with...
Superior again builds world’s largest telescopic stacking conveyor
(Posted on 14/04/22)Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and handling systems, recently completed design and manufacturing work on what they are considering to be the world’s largest telescopic radial stacking conveyor.The brand-new TeleStacker Conveyor model is a 48-inch-wide by 210...
Significant turnover boost for Liebherr Group
(Posted on 12/04/22)In 2021, the Liebherr Group achieved a turnover of € 11,639 million. Compared to the previous year, the company posted an overall increase of € 1,298 million or 12.6 %. As a result, the Liebherr Group was almost able to match its previous record year in 2019 in terms of annual turnover.The conditions in the past financial...
Wärtsilä coordinates project to accelerate ammonia engine development
(Posted on 12/04/22)A powerful consortium of shipping stakeholders is aiming to develop demonstrators for two-stroke and four-stroke marine engines running on ammonia fuel. The Ammonia 2-4 project aims to advance viable concepts for ammonia fuel.The project is coordinated by technology group Wärtsilä, with participation from naval architects...
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