Cargotec $350m Sustainability Credit
Cargotec Corporation entered into an approx. $350m sustainability-linked revolving credit facility with a syndicate of its seven relationship banks on 21 December 2022. The facility... Read More
Cargotec CEO to Retire
Cargotec CEO Mika Vehviläinen will retire during 2023, in accordance with the terms of his CEO service contract. The board has initiated a search for... Read More
MacGregor No Future at Cargotec
Cargotec has completed a strategic evaluation of MacGregor but it is not for sale—yet. It has concluded that MacGregor will not be part of Cargotec’s... Read More
Shuttle Carriers to Virginia
Kalmar, part of Cargotec, will supply 11 Kalmar Hybrid Shuttle Carriers to The Port of Virginia, a deepwater port in the U.S. East Coast. This... Read More
Straddle Carriers for Tropical Shipping
Kalmar, part of Cargotec, will supply international cargo and logistics operator Tropical Shipping with three Kalmar diesel-electric straddle carriers. The order was booked in Cargotec’s... Read More
Truck-Mounted Forklifts
Hiab, part of Cargotec, has received a significant repeat order for MOFFETT M8 55 NX truck-mounted forklifts in the U.S. The approx $17m order was... Read More
Kalmar Expands in Kansas
Kalmar, part of Cargotec, will upgrade and expand its manufacturing plant in Ottawa, Kansas, home to the company’s terminal tractor manufacturing operations in North America.... Read More
Kalmar SmartPort for Chile Terminal
Kalmar, part of Cargotec, has received an order for Kalmar SmartPort process automation solutions from Terminal Graneles del Norte S.A. (TGN) for their greenfield terminal being... Read More
FibreTrac Offshore Crane
MacGregor, part of Cargotec, has secured a contract with Otto Candies LLC, of Des Allemands, Louisiana, to deliver an active heave compensated FibreTrac offshore crane.... Read More
Hiab Truck-Mounted Forklift Order
Hiab, part of Cargotec, has received a significant order for MOFFETT M8 55 NX truck-mounted forklifts worth over $26.5 million in the U.S. The order... Read More
